Scanmarket is a leading procurement software designed to streamline the sourcing process for businesses of all sizes. Catering to procurement professionals, it enhances efficiency with features like spend analysis, supplier management, and e-auctions—setting it apart from the competition.

What are the main features of Scanmarket?

Spend Analysis Tools

Gain valuable insights into your spending patterns with Scanmarket's comprehensive tools. These allow procurement teams to make informed decisions and drive cost savings efficiently through :

• Data Visualisation: Interactive dashboards reveal spending trends.
• Spend Categorisation: Organise expenditures for better analysis.
• Custom Reports: Generate reports tailored to your business needs.

Supplier Management Module

Enhance your supplier relationships and manage them effectively with Scanmarket's robust supplier management module. This feature aims at improving collaboration and maintaining high-quality standards with your vendors by providing:

• Supplier Database: Centralised information for easy access and updating.
• Performance Monitoring: Evaluate supplier performance through key metrics.
• Onboarding Process: Streamlined onboarding for new suppliers.

Efficient E-Auction Capabilities

Maximise savings and competitive advantage with Scanmarket’s sophisticated e-auction capabilities, designed to facilitate transparent and fair auction processes. Features include:

• Reverse Auctions: Invite suppliers to compete, driving prices down.
• Customisable Formats: Cater to different auction formats based on project requirements.
• Real-Time Bidding: Enable live participation for dynamic negotiations.