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

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Market Dojo pricing overview

Market Dojo does not have a free version but does offer a free trial. Market Dojo paid version starts at US$63.84/month.


Starting Price

US$63.84/month

Pricing Details

Pricing is billed annually. It is also available at $638/month/user.

Free Version

No

Free Trial

Yes

Market Dojo deployment and support

Support

  • Business Hours
  • Online

Deployment

  • Cloud, SaaS, Web

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation

Market Dojo Features

  • Catalogue Management
  • Contract Management
  • Fixed Asset Management
  • Inventory Management
  • Invoice Processing
  • Purchase Order Management
  • Receiving/Putaway Management
  • Requisition Management
  • Sourcing Management
  • Spend Management
  • Supplier Management

View full list of Procurement Software

  • Auction Management
  • Budget Management
  • Collaboration
  • Global Sourcing Management
  • Rfx Management
  • Spend Management
  • Supplier Management
  • Supplier Qualification
  • Supplier Risk Management
  • Supplier Web Portal
  • Template Management

View full list of Sourcing Software

Market Dojo Alternatives

More Market Dojo alternatives

Market Dojo Reviews for UK Users

Read all reviews

Overall rating

4.6/5

Average score

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

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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
Verified Reviewer
Procurement Manager
Financial Services, 1,001-5,000 Employees
Used the Software for: 1+ year
  • Overall Rating
    4 /5
  • Ease of Use
    3 /5
  • Features & Functionality
    3 /5
  • Customer Support
    5 /5
  • Value for Money
    4 /5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 16/10/2020

"Effective, no frills"

Comments: We have been using MarketDojo for several e-sourcing events, from simple to complex ones. The client / customer support team is very effective, and the tool is basic, but gets the job done without needing to invest significant amounts of money for larger suites.
It is worth to invest some time in thinking through the event structure, to avoid extra workload in the analysis/awarding phases.

Pros: Customer Support: very responsive, always going the extra mile to help setting up and managing any e-sourcing event.

Cons: Some steps required to set up an e-sourcing event are not so straightforward.
Awarding: rather basic.

  • Reviewer Source 
  • Reviewed on 16/10/2020
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
Mark A.
Director
Management Consulting
Used the Software for: 6-12 months
  • Overall Rating
    5 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 02/11/2017

"Easy to use, easy to onboard suppliers and great functionality"

Comments: Clients have expressed opinions of real value add to their procurement activities and are enthused by the product and by the team at Market Dojo who are clearly passionate about their product and extremely credible.

Pros: Step by step creation of events and forms makes it straight forward to use from the first time. But the live help function enables any questions to be rapidly dealt with. The product has great functionality and ability to set up conditional answers. The ability to clone events saves huge amounts of time. Onboarding suppliers is quick.
The look is great and clients really like it. It helps to the credibility of my consultancy business to have such a great tool at our disposal and available to leave with a client for them to continue to use. pricing is competitive and represents excellent value compared to comparative systems available.

Cons: It can be 'over engineered' for the simplest of RFQ activities, however the cloning facility means once a simple RFQ type has been created it can be replicated quickly.
I'd like to see the types and format of the auctions expanded a little more but the main types of auction and the options cater for all but the most complex negotiations

  • Reviewer Source 
  • Reviewed on 02/11/2017