Scanmarket

Name

Scanmarket

Legal name

Scanmarket

Website

https://scanmarket.unit4.com

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Procurement Software

NAICS

Software Publishers (513210), Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Spend Analytics & Reporting Support (BPAAAJAJ)

akta.pro secondary industry

Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI)

Keywords

• Source-to-contract software
• Strategic sourcing platform
• Procurement analytics software
• Supplier management solutions
• EAuction software

Headquarters

HQ city

Harrogate

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription Licenses: Annual or multi-year subscription-based licensing model for access to the Source-to-Contract platform and its modules including Spend Analytics, eRFx, eAuction, Contract Management, Supplier Management, and Project Management.
2. Implementation Services: Professional services for onboarding, configuration, and system setup. Implementation typically takes 4-8 weeks for standard projects, with phased approach tailored to organizational needs.
3. Consulting & Training Services: Project-based learning, strategic consulting, managed events (eRFIs, eRFPs, eRFQs, e-auctions), eAuction strategy seminars, supplier training, and train-the-trainer programs.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

Scanmarket by Unit4 provides a cloud-based Source-to-Contract (S2C) SaaS platform that digitalizes procurement from spend analysis through supplier selection, competitive bidding (eRFx/eAuction), contract execution, and supplier performance management. The platform is delivered as six integrated modules (Spend Analytics, eRFx, eAuction, Contract Management, Supplier Management, and Project Management) and is sold to enterprise and mid-market procurement organizations on an annual or multi-year subscription basis.

Product overview

Scanmarket by Unit4 is a best-of-breed Source-to-Contract (S2C) platform delivered as a unified suite of six integrated modules: Spend Analytics, eRFx, eAuction, Contract Management, Supplier Management (Supplier Risk & Performance Management), and Project Management. These modules work together as a platform-plus-modules architecture, enabling procurement teams to digitalize the entire sourcing lifecycle from spend visibility and supplier evaluation through competitive bidding and contract execution. The platform is designed for fast user adoption and emphasizes seamless integration with ERP and P2P systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Scanmarket Source-to-Contract (S2C) Platform Best-of-breed Source-to-Contract platform that integrates Spend Analytics, eRFx, eAuction, Contract Management, Supplier Management, and Project Management modules to enable end-to-end procurement digitalization from sourcing through contract execution. Targeted at enterprise and mid-market procurement organizations.
• Spend Analytics Data-driven procurement analytics module that provides real-time insights into company spending, identifies savings opportunities, and enables accurate forecasting through AI-driven categorization, AI-driven data cleansing, rules-driven categorization, and comprehensive dashboards. For enterprise and mid-market procurement teams.
• eRFx Software Electronic procurement solution for managing RFI, RFP, and RFQ processes that enables organizations to design, distribute, collect, and analyze supplier proposals with advanced calculations and automated post-bid analysis. For procurement teams running competitive sourcing events.
• eAuction Competitive sourcing solution that drives supplier competition through multiple auction formats including Cherry Picking, List, CherryLot, Dutch, Japanese, and Reverse auctions, enabling organizations to maximize negotiation outcomes with real-time bidding and automated bid evaluation. For procurement teams running competitive supplier negotiations.
• Contract Management Contract lifecycle management software that centralizes contract storage, automates workflows, provides version control and audit trails, and integrates with DocuSign eSignature for streamlined contract execution. For procurement, legal, and finance teams managing supplier contracts.
• Supplier Management (Supplier Risk & Performance Management) Centralized supplier data management solution that optimizes supplier selection, automates onboarding with self-registration and compliance questionnaires, tracks performance metrics, monitors compliance, and enables proactive risk mitigation across the supply chain. For procurement and supply chain teams.
• Project Management Strategic sourcing project coordination module that provides visibility into all sourcing activities, customizable project boards, automated stakeholder workflows, and integrates with all Scanmarket modules for end-to-end source-to-contract management. For sourcing project leads and procurement program managers.
• Implementation Services Professional services for onboarding, configuration, and system setup of the Source-to-Contract platform. Implementation typically takes 4-8 weeks for standard projects, with a phased approach tailored to organizational needs. For new and existing Scanmarket customers.
• Consulting & Training Services Project-based learning, strategic consulting, managed events (eRFIs, eRFPs, eRFQs, e-auctions), eAuction strategy seminars, supplier training, and train-the-trainer programs. For procurement organizations seeking expert guidance and capability building.
• Customer Success & Quick Call Support Ongoing customer success program paired with a Quick Call 24/5 support service that drives adoption, retention, and value realization across the Scanmarket customer base. Praised by customers such as ABF (Associated British Foods) for responsive support.

Quantifiable outcome

• 13-17% average savings vs. current pricing
• +13 more outcomes

Named customers27 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• ERP System ProviderscoreTechnology or IntegrationScanmarket integrates with major ERP systems through open APIs and pre-built integration interfaces, ensuring data flows between source-to-contract activities and financial systems. The platform supports the most common integration protocols.
• P2P (Procure-to-Pay) Platform ProviderscoreTechnology or IntegrationIntegration with procure-to-pay systems ensures negotiated agreements flow into purchasing workflows, bridging source-to-contract with procure-to-pay for complete procurement cycle management.
• DocuSigncoreTechnology or IntegrationeSignature integration through DocuSign allows users to review and sign contracts quickly, eliminating the need for separate contract signing tools and expediting approval workflows.
• IDC (International Data Corporation)minorStrategic or Co-development PartnerScanmarket is featured in IDC MarketScape research for worldwide SaaS and cloud-enabled sourcing applications, providing market positioning and analyst endorsement.
• The Hackett GroupminorStrategic or Co-development PartnerThe Hackett Group provides benchmarking and procurement transformation research featured on Scanmarket resources, offering clients access to World Class Procurement benchmarking data.
• AT KearneyminorStrategic or Co-development PartnerAT Kearney research on the future of procurement and best-of-breed technology featured on Scanmarket's whitepapers and reports resource page.
• Procurement LeadersminorStrategic or Co-development PartnerProcurement Leaders network content on digital procurement landscape and best-of-breed solutions featured on Scanmarket resources, providing industry insights to prospects and customers.

Scale indicators4 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• Workday: Broader HCM, finance, and ERP suite that now encompasses Coupa's procurement capabilities, representing the full-suite competitive threat that could displace standalone S2C platforms like Scanmarket.
• Coupa Software (now part of Workday): Broader source-to-pay suite with overlapping source-to-contract modules (sourcing, contract management, supplier management, spend analytics). Represents the suite consolidation threat Scanmarket explicitly positions against.
• SAP Ariba: Long-standing incumbent sourcing and procurement suite with deep enterprise penetration; offers S2C modules that directly overlap Scanmarket's eRFx, eAuction, contract, and supplier management capabilities.

Direct peers

• GEP: Direct competitor offering a unified source-to-pay platform with strategic sourcing, contract management, supplier management, and spend analytics modules competing for the same enterprise wallet as Scanmarket.
• Zycus: Direct source-to-contract competitor with AI-forward positioning, offering eSourcing, contract management, supplier management, and spend analytics that overlap closely with Scanmarket's modules.
• Ivalua: Direct source-to-contract and source-to-pay competitor with a modular platform covering spend analysis, eSourcing, contract management, and supplier management aimed at similar enterprise buyers.
• SynerTrade (SAP-owned): Direct source-to-contract competitor now part of SAP, offering eRFx, eAuction, supplier relationship management, and contract management with strong European market overlap with Scanmarket.
• Jaggaer: Direct source-to-contract competitor with a comparable best-of-breed platform spanning eSourcing, supplier management, contract management, and spend analytics, targeting the same enterprise and mid-market procurement buyers as Scanmarket.

Emerging players

• Keelvar: Emerging AI-powered strategic sourcing optimization platform focused on eSourcing and eAuction, with partial overlap to Scanmarket's eRFx and eAuction modules and a more specialized go-to-market.
• Sievo: Procurement analytics specialist with spend visibility and savings opportunity identification that directly overlaps Scanmarket's Spend Analytics module, often evaluated alongside or in place of Scanmarket's analytics layer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/unit4
• Facebookfacebook.com/Unit4BusinessSoftware
• LinkedInlinkedin.com/company/unit4
• Instagraminstagram.com/unit4global
• TikToktiktok.com/@unit4.erp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scanmarket