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Market Dojo
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Review

Market Dojo

Overview
Synopsis

Market Dojo software solution helps procurement specialists run reverse auctions, weighted RFQs and RFX's with public sector functionality. It offers affordable, on-demand strategic sourcing tools and it helps procurement professionals collect information from and negotiate with suppliers online.

Category

Procurement Software

Features

• Integrated questionnaires
• Request for quotation capability
• Qualification bids and auction
• Weighted RFQS and auctions
• Public sector functionality
• Innovation portal

License

Proprietary

Price

• Quick Quotes - £50/per user/month
• On Demand eSourcing - £500/per user/month
• Enterprise – Contact the company for a quote

Pricing

Subscription

Free Trial

Available

Users Size

Small (<50 employees), Medium (50 to 1000 Enterprise (>1001 employees)

Company

Market Dojo

What is best?

• Request for quotation capability
• Qualification bids and auction
• Weighted RFQS and auctions
• Public sector functionality
• Innovation portal

What are the benefits?

• Import participant database and create groups
• Create a document library
• Create event cloning and templates

PAT Rating™
Editor Rating
Aggregated User Rating
Rate Here
Ease of use
7.8
5.1
Features & Functionality
7.6
8.0
Advanced Features
7.6
8.7
Integration
7.7
8.0
Performance
7.8
8.6
Customer Support
7.7
8.0
Implementation
8.0
Renew & Recommend
9.0
Bottom Line

Market Dojo software solution is designed by procurement specialists and it has all the capabilities to meet the need for e-sourcing requirements.

7.7
Editor Rating
7.9
Aggregated User Rating
2 ratings
You have rated this

Market Dojo software solution helps procurement specialists run reverse auctions, weighted RFQs and RFX's with public sector functionality. It offers affordable, on-demand strategic sourcing tools and it helps procurement professionals collect information from and negotiate with suppliers online. Users can create RFQ events, source prices from their market, create a centralized place to manage, store and track all RFQ activities.

Market Dojo software solution allows users to design their questionnaires and they can score them or weight them to their choosing and take them forward to a weighted RFQ or auction. This flexibility lets companies drive the most complex sourcing problem through to conclusion and take account of non-price-related criteria. It also allows users to set up an event they can use to obtain qualification bids which give them a better understanding of the market before proceeding to an auction.

Companies can easily combine questionnaire scores with pricing to give an overall weighted rating for the bids. Market Dojo software solution offers two market-leading price conversion mechanisms that allow it’s users to provide clarity and detail during an auction of the questionnaire score, price score, and overall score, making it very easy to explain their final decision.

Market Dojo software solution allows its users to view the events they create as a host and a participant and prepare for a real activity. The Sandpit feature will enable users to make the mistakes in a safe environment and consolidate their training, thereby increasing uptake and adding to the enjoyment of using the software.

You may like to read: Top Free & Premium Procurement Software and How to Select the Best Procurement Software for Your Business

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1 Reviews
  • Harry
    January 12, 2018 at 8:23 am

    Build your own procurement pipeline to manage your resources effectively and efficiently.

    Company size

    Medium (50 to 1000)

    User Role

    Consultant

    User Industry

    Computer

    Rating
    Ease of use8.4

    It offers a vast array of capabilities that help procurement professionals get the most out of their sourcing activities with easy to use and intuitive solutions. Market Dojo help bring simplicity to a complex procurement environment. Create your own fully unique and branded domain to run eSourcing events through.

    Features & Functionality8

    Advanced Features8.7

    Integration8

    Customer Support8

    Implementation8

    ADDITIONAL INFORMATION
    Seemlessly share data between other solutions via what is commonly known as an API Integration. Accurately forecast, track, manage and report procurement saving initiatives.

Ease of use
Features & Functionality
Advanced Features
Integration
Performance
Customer Support
Implementation
Renew & Recommend

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