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Overview
Scanmarket is an extensive Legal platform that combines ‘eRFx’, ‘eAuction’, and spend analytics to boost sourcing events and reveal savings opportunities. While the platform’s ‘Symfact’ tool may require some time to set up, it provides configurable contract library, automated notifications, and built-in reporting to shorten cycle times and improve compliance.
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Starting Price
Custom
Scanmarket Specifications
- Document Management
- e-Signature
- Workflow Automation
- Reporting and Analytics
What Is Scanmarket?
Scanmarket software is a cloud-based Legal platform that connects sourcing events, supplier data, contract management and spend analytics to enhance procurement activities. It automates ‘eAuction’ events, captures supplier performance, and consolidates contracts into a searchable repository with versioning, eSignature routing, and audit logs. The platform also exposes dashboards and AI-assisted data cleansing to surface savings opportunities, forecast spend, and produce exportable reports for procurement governance.
Scanmarket Pricing
Scanmarket Integrations
Scanmarket software integrates with a wide range of apps, including:
Who Is Scanmarket For?
Scanmarket is suitable for the following sectors:
- Procurement
- Finance
- Legal
Is Scanmarket Right For You?
Scanmarket software is a comprehensive Legal system suitable for businesses aiming to professionalize strategic sourcing, shorten contract cycle times and bring procurement data into decision-making. It orchestrates complex sourcing events, centralizes supplier and contract records, and provides spend-level insights and templates to accelerate clause reuse and compliance.
Still not sure if Scanmarket is right for you? Contact our customer helpline at (661) 384-7070 for further guidance.
Scanmarket Features
Contract Management
Scanmarket stores and centralizes contracts in a configurable repository with metadata search and filter capabilities to find relevant agreements quickly. It tracks versions, exportable audit logs and automates notifications for renewals, reviews and termination events.
Project Management
The software visualizes the sourcing process on a customizable project board with color-coded status indicators for upcoming deadlines and overdue actions. It creates and manages project plans with resource allocation, approval workflows, and stakeholder task assignments.
Contract Library
The system maintains a centralized contract library with pre-approved templates, standardized clauses and editable fields to accelerate contract drafting and amendments. It stores versioned contracts with exportable audit logs, automated renewal, and review notifications.
Configurable Repository
The platform provides a searchable, metadata-driven repository with drag-and-drop column configuration, ‘OCR’ indexing and advanced filters for rapid contract retrieval. It supports automated notifications and rules-based workflows to convert ‘eRFx’ outcomes directly into contract records.
Pros And Cons of Scanmarket
Pros
Centralizes source-to-contract processes
Includes spend analytics with AI-driven cleansing
Automates notifications and configurable workflows
Ensures contract compliance
Cons
It may require some training for optimum utilization and improvement
Updates may slow down implementation time
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Frequently Asked Questions
Does Scanmarket offer an API?
Yes, Scanmarket does offer an API.
Who are the typical users of Scanmarket?
The typical users of Scanmarket include sectors like procurement, finance, and legal.
Does Scanmarket have a mobile app?
No, Scanmarket does not offer a mobile app.
What language does Scanmarket support?
Scanmarket supports English and Danish.
What level of support does Scanmarket offer?
Scanmarket offers support through form submission.
What types of pricing plans does Scanmarket offer?
The vendor offers customized pricing plans according to different business needs. Get a customized Scanmarket cost breakdown for your business today.
What other apps does Scanmarket integrate with?
Scanmarket software integrates with a wide range of apps, including Microsoft Dynamics, Oracle fusion cloud ERP, SAP, Salesforce, Sage, Infor, Netsuite, and more.