Recent research shows that procurement organizations that have adopted advanced automation technologies operate with 21% lower labor costs and are more effective at delivering services to internal and external customers. With greater analytic capabilities, chief procurement officers (CPOs) have also gained a deeper understanding of their supply chains and, as a result, are taking on increasingly strategic and advisory roles in support of the overall business strategy. Scanmarket’s Spend Analytics is a software that helps CPOs identify opportunities for savings and supplier dependencies while mitigating risk through instant visibility to company-wide spend, providing actionable insights that will elevate procurement to deliver strategic business impact.Book a Demo
Scanmarket is proud to be ranked 1st in Spend Analysis - receiving an 84% satisfaction score compared with a category average of 75%, purely based on reviews from existing customers. Scanmarket was recognized as a leader in the 2021 Strategic Sourcing Data Quadrant report from SoftwareReviews.Download the Report
Selecting and purchasing a new eSourcing solution is no easy feat, but getting it successfully implemented is even more difficult - which is why we've made it our business to ensure your eSourcing implementation is a success. No company is the same, which will be reflected in your implementation process - but we have a great number of best practices that we would like to share.
Dashboards to view and drill-down into all your spend
95% confidence on spend through rigorous 3-stage QA process
Monitor compliance with contracts and identify rogue spend
Identify opportunities for spend leverage & demand aggregation
Find direct savings through Purchase Price Variance analysis