Are you running a procurement team? Then you probably know the juggling act. From chasing suppliers to managing those endless spreadsheets, making sense of sourcing in 2025 is no small feat for any business owner.
While Excel might still have a soft spot in many people’s hearts, it is not exactly built for doing strategic sourcing. You need tools that are very powerful, but at the same time not clunky. You need fast, but not messy. Easy, but still very clever.
That is where a platform such as Scanmarket comes in.
With a promise of simplicity, speed, as well as savings, this software has fast become a go-to for many procurement teams that are looking to modernise without having the ERP headache.
In this blog post, we are going to be doing a full Scanmarket review, so you can see if it is truly as user-friendly and effective as it has been claimed to be.
What is Scanmarket?
Let’s pull back the curtain on this amazing software.
At its essence Scanmarket is a source-to-contract platform that was developed by Unit4. It is designed to streamline everything from your supplier negotiations to contract approvals.
You can think of it as your digital command centre. A command center for sourcing RFx events, eAuctions, and supplier management. However, unlike some of the bulkier tools that are out there, this one focuses on ease of use as well as quick deployment.
It is geared toward procurement professionals who are interested in more action, and less admin.
You will not need six months of onboarding or have to get a fleet of consultants just to run a tender. The platform is built to be ready to go, straight out of the box.
Whether you are running large-scale sourcing events or you just need to run a couple of quick auctions, Scanmarket promises to help you do it a lot faster, smarter, and with much better supplier engagement.
Let’s take a look at the pros and cons of the software.
The Pros of Using Scanmarket
1. Super Easy to Use
Nobody wants to have to babysit a system. Scanmarket gets that. Its interface is exceptionally intuitive even for first-timers.
Procurement teams will be able to log in, get going, and also run events without needing a training manual that is the size of a phone book. That alone is a big game-changer.
2. eSourcing That Actually Works
This is where Scanmarket really shines. Its eRFx and eAuction capabilities are not just checkbox features. They are well-built and deeply functional.
You get advanced auction formats, as well as real-time analytics. You also have access to dashboards that make decision making a lot simple. If you care about driving competitive bids as well as real savings, then this is a major win.
3. Lightning-Fast Implementation
Forget about waiting for months to go live. Scanmarket gets you up and running quickly, and with minimal IT involvement. You can use ready-made templates, launch events extremely fast, and scale things from there. For teams that are under pressure to deliver value fast, this is a big selling point of the software.
4. Supplier-Friendly Setup
Many procurement tools often forget all about the other side of the table but not Scanmarket. Suppliers find the system to be very straightforward, and onboarding support will help to keep them engaged. That means there is more competition, better quality bids, and much fewer dropouts mid-process.
5. Modular and Scalable
You are not locked into a monster suite. Scanmarket will let you pick and choose what you need be it RFx, auctions, contract management, or supplier modules. It is all about whatever fits your needs. You can scale up later, without having to commit from the very beginning.
The Cons of Using It
1. Customisation is Limited
If your procurement process is extremely niche or highly customised, you might run into some limitations. Scanmarket focuses a lot on being simple and fast, and this means that it does not have the heavy config layers that some enterprise tools have to offer.
2. It’s Not a One-Stop-Shop ERP
This is sourcing software, it is not an all-in-one business suite. For finance, HR, or logistics, you are going to need to integrate with your other systems. This is not a dealbreaker but it is good to know upfront.
3. Learning the Auction Game Takes Practice
While the tools are very powerful, strategy will still matter. If your team is very new to running reverse auctions, there is a bit of a learning curve involved. The platform will not do all the thinking for you, it will just do most of the heavy lifting.
Other Things to Note
One thing that stood out about the software? The pace.
Scanmarket does not mess around with a drawn-out onboarding or bloated project plans. You are in, you are live, and you are running sourcing events very quickly.
It is also very clear that the platform was built by people who understand procurement. From templates to supplier engagement features, it is all very intentional and you can tell by the ease of use.
There is also solid customer support, and because you will not need deep IT skills to configure it, procurement teams are able stay in control and that is very empowering.
Final Verdict: Is Scanmarket Worth It?
Our honest answer? Yes.
If you are tired of using clunky procurement tools that take you forever to implement and seem to require a lot of technical know-how to use, Scanmarket will be a breath of fresh air.
It is fast, user-friendly, and very focused. The eSourcing tools are top-notch, and suppliers actually enjoy using it, and you can scale up at your own pace.
The bottom line is that what Scanmarket does, it does really well.
For procurement teams who are interested in working smarter and not harder, Scanmarket is definitely worth a look. It might just be what you need to get your productivity to a whole new level.
You can check it out for yourself at Scanmarket