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Scanmarket

Scanmarket

Overview

What is Scanmarket?

Scanmarket is a Source-to-Contract software platform that aims to deliver savings, transparency and efficiency to hundreds of organizations globally. Boasting ease of use and expert support, Scanmarket states they increase user adoption by more than 300% on average. Scanmarket supports…

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Recent Reviews

TrustRadius Insights

Symfact has proven to be a valuable solution for businesses seeking effective contract management. By implementing Symfact, users have …
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Awards

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Pricing

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What is Scanmarket?

Scanmarket is a Source-to-Contract software platform that aims to deliver savings, transparency and efficiency to hundreds of organizations globally. Boasting ease of use and expert support, Scanmarket states they increase user adoption by more than 300% on average. Scanmarket supports and provides…

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  • No setup fee

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  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Precoro is a cloud-based solution for procurement process optimization. It aims to eliminate time-consuming manual procedures and human factor errors, and instead automates operations and centralizes purchasing processes. It enables users to:- Approve documents from any device using email or Slack…

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Product Details

What is Scanmarket?

Scanmarket is a source-to-contract (S2C) software provider, offering a S2C solution attuned to meet the needs of procurement, legal and finance professionals with applications for strategic sourcing, contract lifecycle management, and third-party risk management.

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Introduction to Scanmarket

Scanmarket Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Symfact has proven to be a valuable solution for businesses seeking effective contract management. By implementing Symfact, users have been able to overcome challenges and improve their contract management processes. The software offers outstanding support through dedicated Project Managers who provide prompt responses and propose optimal solutions based on best practice experiences. Users have praised the simplicity, quality, and completeness of the implementation process under competent project management.

One of the key business problems solved by Symfact is the streamlining of the contract process. With Symfact's centralized repository for contract management, users can store all contract-related information in one place, including emails, providing a comprehensive view of the contract lifecycle. This eliminates the need for paper files and records, resulting in a more efficient and organized system. Moreover, Symfact allows for customization of processes and fields to meet specific requirements, enabling users to adapt the software according to their needs. This flexibility has been particularly beneficial for various departments such as business development, customer service, and legal, making Symfact an essential tool for third-party contract lifecycle management.

Another significant problem addressed by Symfact is the ability to better adhere to non-standard contract terms. By integrating with internal systems and offering customizable features, Symfact enables users to ensure compliance with unique contractual requirements. Users appreciate how Symfact has enabled them to set minimum global standards for important master data and provides prompt support through dedicated Project Managers.

Although some users have experienced delays in support responses and occasional issues with certain features not working as intended, they highlight that the Symfact team has always been available to address concerns and customize the software accordingly. Furthermore, users have found the implementation workbook provided by Symfact to be detailed and beneficial in helping them think through processes that may have initially been overlooked.

In summary, Symfact solves critical business problems related to contract management by offering a centralized repository for contracts, customization options tailored to specific requirements, integration with internal systems, and excellent support from dedicated Project Managers. It allows businesses to streamline their contract processes, eliminate paper files, and ensure better adherence to non-standard contract terms. Despite some minor challenges, users have found Symfact to be a valuable tool for efficient and organized contract lifecycle management.

Easy-to-use Software: Users have consistently praised Symfact for being an easy-to-use software with clear and simple administration. Several reviewers have mentioned that they found the system and functionality of Symfact to be very clear, making it effortless to navigate and administer.

Customization Options: Many users appreciate the customization options offered by Symfact. They highlight that the software allows them to adapt various features according to their specific needs, such as adding, renaming, and deleting fields. This flexibility has been highly valued by multiple reviewers who mention that it enables them to maximize their use of the software and increase efficiency.

Powerful Reporting Capabilities: The robust reporting capabilities of Symfact have received positive feedback from several users. They appreciate how the software helps them generate automated reports with just a click, providing quick access to relevant information whenever needed. This feature has proven valuable in streamlining processes and facilitating informed decision-making for these reviewers.

Lack of Modern Features and Updates: Several reviewers have mentioned that the software lacks modern features and updates. Users have expressed frustration over the inability to easily retrieve email addresses when adding contacts. This limitation hampers their workflow efficiency and makes it more time-consuming to input contact information.

Issues with Notifications: Some users have experienced issues with notifications, stating that they do not work as intended. This can lead to missed deadlines or important updates for users who rely on these notifications to stay informed about their tasks and responsibilities within the software.

Reporting Function Not User-Friendly: A number of reviewers have found the reporting function in Scanmarket to be lacking in user-friendliness. They feel that it requires too much manual work for administrators, making it cumbersome and time-consuming to generate useful reports.

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