Market Dojo

Who Uses Market Dojo?

Companies that want a better way to collect quotations, information and to manage suppliers online with a tool that drives adoption and is supported by one of the best teams in the market.

What Is Market Dojo?

Easy-to-use and on-demand eSourcing software that helps procurement specialists run reverse auctions, weighted RFQs and RFX's with public sector functionality.

The cloud-based software offers transparent and affordable pricing that aims to take the complexity out of professional eSourcing.

Other products include Category Dojo, the category spend analysis tool and SIM Dojo, supplier onboarding solution.

Market Dojo Details

Market Dojo

http://www.marketdojo.com

Founded 2010

Market Dojo Software - eSourcing Overview
Market Dojo Software - A-Z eAuction Categories
Market Dojo Software - How It Works
Market Dojo Software - Advanced Lots
Market Dojo video
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Market Dojo Software - eSourcing Overview - thumbnail
Market Dojo Software - A-Z eAuction Categories - thumbnail
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Starting price

US$63.84/one-time
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US$18.00/month

Free Version

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Free Trial

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Market Dojo deployment and support

Support

  • Chat

Deployment

  • Cloud, SaaS, Web-based

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation

Market Dojo Features

  • API
  • Access Controls/Permissions
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Approval Process Control
  • Audit Management
  • Audit Trail
  • Bid Management
  • Billing & Invoicing
  • Budget Control
  • Budgeting/Forecasting
  • Cataloguing/Categorisation
  • Collaboration Tools
  • Compliance Management
  • Configurable Workflow
  • Contract/License Management
  • Customisable Reports
  • Customisable Templates
  • Data Import/Export
  • Document Storage
  • ERP
  • Fixed Asset Management
  • Inventory Management
  • Invoice Management
  • Invoice Processing
  • Multi-Currency
  • Order Management
  • Order Tracking
  • Procurement Management
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • Real Time Analytics
  • Real Time Data
  • Real Time Reporting
  • Receiving/Putaway Management
  • Reporting & Statistics
  • Requisition Management
  • Search/Filter
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Supplier Management
  • Third Party Integrations
  • Vendor Management
  • Workflow Management

View full list of Procurement Software

  • API
  • Activity Dashboard
  • Activity Tracking
  • Approval Process Control
  • Auction Management
  • Audit Management
  • Audit Trail
  • Bid Management
  • Budget Control
  • Budget Management
  • Cataloguing/Categorisation
  • Collaboration Tools
  • Compliance Management
  • Contract/License Management
  • Customisable Reports
  • Customisable Templates
  • Data Import/Export
  • Document Management
  • ERP
  • Global Sourcing Management
  • Invoice Management
  • Invoice Processing
  • Performance Management
  • Procurement Management
  • Project Management
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • RFP Creation
  • Real Time Data
  • Reminders
  • Reporting & Statistics
  • Requisition Management
  • Rfx Management
  • Risk Assessment
  • Search/Filter
  • Self Service Portal
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Supplier Management
  • Supplier Qualification
  • Supplier Risk Management
  • Supplier Web Portal
  • Supply Chain Management
  • Template Management
  • Third Party Integrations
  • Vendor Management
  • Workflow Management

View full list of Sourcing Software

Market Dojo Alternatives

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Market Dojo Reviews for UK Users

Read all reviews

Overall rating

4.7/5

Average score

Ease of Use 4.6
Customer Service 4.9
Features 4.3
Value for Money 4.6

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Write a Review!
Peter S.
P.Schmidt Consultancy Services B.V.
Telecommunications, Self Employed
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    4 /5
  • Customer Support
    5 /5
  • Value for Money
    4 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 19/11/2018

"Procurement in the Cloud"

Comments: Not only the solution is great but also the people have been very helpful. Another thing that makes Marketdojo stand out in the crowd is their unique and affordable pricing model that shows that they understand the mechanics of the Cloud. There is absolutely no business risk as the rewards are a multifold of the fee that needs to be paid. Marketdojo also leverages the meta data from their SAAS platform to help their customers to see what the best practices are by publishing these views, which helps to augment results.
Moreover they continue to enhance the platform and they gave created an Api to allow for integration with third party platforms.

Pros: My first E sourcing project as a consultant was for a firm that used one of the leading ERP sourcing solutions. This solution was complicated due to the endless features for which purpose we needed external consultants who were proficient with the system. As I saw that e-procurement software drives efficiency, one of my first thoughts was whether this could not be done any simpler.
So I conducted a Market survey and I encountered Marketdojo. I was stunned by the user friendliness of their application that could be tested in their sandbox. Conclusion I did not need any additional consultants to drive an E sourcing event.

Cons: There are really no cons. The real cons are the people who do not understand that SAAS helps them immediately to establish savings in their procurement process, without really worrying about whether the software is a fit within the company. It is a highly secured SAAS solution, that does not pose any threat to company' s resources and there is absolutely no customer lock-in.

  • Reviewer Source 
  • Reviewed on 19/11/2018
Christopher K.
Head of Procurement and Supply Chain
Real Estate, 5,001-10,000 Employees
Used the Software for: 1+ year
  • Overall Rating
    5 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    4 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 17/05/2020

"Tremendous value for money, superfast deployment, excellent customer service and partnership mindset"

Comments: Market Dojo is a no-nonsense, credible provider of a tool, which delivers a measurable value and a clear operational advantage. Pricing is sensible, the motivation of the team is excellent, and foremost, I appreciate the partnership thinking of Market Dojo.
I would use Market Dojo again in a variety of procurement contexts.

Pros: Market Dojo provides a pay per use e-sourcing tool. As such they are offering a niche solution, which has potential to appeal to a wide variety of buyers, even if they already have a procurement suite in place. I was after a tool which I could deploy rapidly, avoid systems integration altogether and minimize the time required for training. Market Dojo fulfilled all these criteria.
1) The negotiation process was pleasant, accommodating, with fast turn-around times, win-win orientated and provided a basis which allow me to recover the cost in weeks.
2) The tool was easily deployed, partially supported by the fact that it was cloud-based. E from the customer services team did an outstanding team training my team, and connecting it to our existing tools from Per Angusta.
3) Market Dojo was always there to answer questions and was very supportive in the process. We overstretched the used versus what we had agreed, however, Market Dojo has the success of its customers in mind, and does not fuzz about the boundaries too much.

Cons: Overall, deploying Market Dojo at IWG, where previously no e-sourcing tool was in place, was a great success. I have nothing to complain about.
One detailed piece of functionality, which I would wish Market Dojo to focus on, is the ability to export eRFP results with less need to format the tabular data. Market Dojo is aware of this, working on it, and I look forward to the results.

  • Reviewer Source 
  • Reviewed on 17/05/2020
Nancy M.
Purchasing Assistant
Events Services, 10,000+ Employees
Used the Software for: 1+ year
  • Overall Rating
    5 /5
  • Ease of Use
    3 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    Unrated
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 21/04/2021

"Great customer service"

Pros: Customer Service is awesome. [SENSITIVE CONTENT HIDDEN] is always very helpful.

Cons: For our suppliers to go in and register, they have a hard time navigating and tell me often that it's not very clear or user-friendly. I don't like when I am updating the COI by Proxy for the supplier, that it goes back into the whole approval process again even though they are already approved.

Vendor Response

by Market Dojo on 27/04/2021

Thank you very much for your kind review and feedback Nancy.

We are taking steps to make the sign-up process more intuitive for suppliers who have been previously invited. I hope this will help and you should see the first parts of this update coming in the next month. We have also recently made changes so that you will not go back through the workflow when documents are updated on suppliers who have already been onboarded. Hopefully this will save you some time too.

  • Reviewer Source 
  • Reviewed on 21/04/2021
Graham R.
Procurment Development Manager
Information Technology & Services, 5,001-10,000 Employees
Used the Software for: 1+ year
  • Overall Rating
    3 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    3 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 05/11/2018

"Sopra Steria's experience with Market DoJo"

Comments: The overall experience using Market DoJo software and working with the team has been very positive and very rewarding. Our new Supplier On Boarding process has been singled out as a successful innovation by external auditors in the race to continual improvement Supplier Relationship Management. We now optimistically look forward to more extensively deploying market DoJo Sourcing and Quick Quote.

Pros: Market DoJo offered Sopra Steria a focussed, low entry cost, rapidly deployable cloud solution to the problem, then not available from any other supplier, of digitising the continual complexity of supplier on boarding without too much frustration and cost to a new supplier. Market DoJo enthusiastically supported Sopra Steria with innovative ideas to successfully secure an internal business and investment to save time, eliminate use of paper, centrally record and manage supplier responses and significantly reduce the need for the manual coordination of emails, Word files, Excel files and signed documents through the post. We are now taking advantage of the data collected to approach existing suppliers to gain formal agreement to GDPR and our Sustainable procurement principles.

Cons: Having worked with Market DoJo to create very useful and simple solutions there is a growing need to able to extract data easily to create reports. Currently the reporting aspect of Market DoJo could be improve, possibly using new BI tools enabling us to easily extract to combine and compare data.

  • Reviewer Source 
  • Reviewed on 05/11/2018
Max K.
Vice President, Global Procurement
Computer Software, 51-200 Employees
Used the Software for: 1+ year
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 21/04/2021

"Best in class eTendering software"

Comments: Fantastic company to work with, great software and an extremely knowledgeable and friendly team in support.

Pros: Easy to build RFQ's / RFP's. Most important of all is the ability to evaluate multiple supplier pricing responses without having to spend weeks re-formatting the excel spreadsheets they have sent back - huge time saver. Also using the MarketDojo esourcing tool drives far more competition (and therefore better pricing and savings from competing suppliers) - the psychological element of competition this plays on with suppliers should not be underestimated as it's extremely powerful.

Cons: It would be great if there could be an integration with public sector tender portals such as Find a Tender, Tenders Direct, Due North etc as not having this integration can prevent certain clients taking the product forward.

Vendor Response

by Market Dojo on 27/04/2021

Thank you for the review Max, some great ideas there.

  • Reviewer Source 
  • Reviewed on 21/04/2021