Spend Analytics
Scanmarket Features & Benefits
Get Source-to-Contract Spend Visibility
Get Clear Visibility into your Spend Data
Get accurate, real-time insights that help you identify opportunities for efficiencies, and risk mitigation, elevating your procurement unit to deliver meaningful strategic business impact.
Out-of-the-box Dashboards
Access a library of easy to deploy dashboards, that cover the most standard procurement use cases, or build your own custom dashboards.
Spend Overview
Gain an accurate, and homogenized overview of spend across all data sources, business units, geographies, languages, and currencies.
Plan eSourcing Initiatives
Connect to Scanmarket’s eRFx module to help you execute strategies for short and long-term savings and operational enhancements.
Keep Maverick Spend in Check
Cross-business visibility empowers you to stay in control of non-budgeted spend, foster a healthy balance of suppliers – and reduce the ever-growing tail spend.
Simple Data Processing
Scanmarket allows you to enrich and normalize your supplier spend data, with advanced data categorisation powered by AI. Bring your spend data to life with interactive charts and graphs that provide valuable insights.
Increased Category Intel
Optimize use of suppliers by mapping spend & payment terms per supplier, identifying direct or indirect spend risks.
Compare Payment Terms
Identify inconsistencies and risks through comparison of types and terms of payment at the global, site, or department level – and development over time.
Automated Data Transfer
Easily import your spend data using Excel or any other tabular file format in just a few minutes.
Scanmarket a Leader in Procurement Management
Scanmarket was recognized as a leader in the 2023 Strategic Sourcing Data Quadrant report from SoftwareReviews - for the 3rd year running.