Market Dojo
Purchasing software
Strategic sourcing software
Vendor management software
Procurement software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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£50 per month
Free TrialFree version
Small
Medium
Large
- Arts, entertainment, and recreation
- Accommodation and food services
- Real estate and property management
What is Market Dojo
Market Dojo is a cloud-based strategic sourcing platform used to run sourcing events such as RFQs, RFPs, and eAuctions. It is typically used by procurement and sourcing teams to manage supplier invitations, collect bids, evaluate responses, and document award decisions. The product emphasizes configurable event templates and auction formats, with optional modules that extend into supplier management and contract-related workflows.
Strong eSourcing event support
Market Dojo supports common sourcing workflows including RFIs, RFQs, RFPs, and multiple eAuction formats. It provides structured supplier response collection and side-by-side evaluation to support award recommendations. This focus aligns well with organizations prioritizing competitive bidding and repeatable event execution over broad source-to-pay suites.
Configurable templates and workflows
The platform provides reusable templates for events, questionnaires, and scoring to standardize sourcing processes across categories and teams. Configuration options help teams tailor stages, rules, and evaluation criteria without rebuilding each event from scratch. This can reduce cycle time for recurring sourcing activities and improve auditability of how decisions are reached.
Supplier collaboration and communications
Market Dojo includes supplier invitation management and in-platform messaging to centralize clarifications and Q&A during events. It helps maintain a consistent communication trail tied to each sourcing project. This can be useful for governance and for teams that need to demonstrate fair and traceable supplier engagement.
Limited end-to-end suite breadth
Compared with broader procurement suites, Market Dojo is more centered on sourcing events than on full procure-to-pay execution. Organizations may need separate tools for requisitioning, purchasing, invoicing, and payments, depending on requirements. This can increase integration and process design effort when a single platform is preferred.
ERP and P2P integrations vary
Integration needs (e.g., supplier master sync, item/category data, award-to-PO handoff) can require project work and depend on the target systems. If an organization has complex ERP landscapes or strict data governance, integration scope can become a key implementation driver. Buyers should validate available connectors, APIs, and typical integration patterns for their environment.
Advanced analytics may require add-ons
Sourcing analytics and reporting are typically sufficient for event-level tracking, but deeper spend analytics, risk intelligence, or multi-dimensional performance analytics may not be as comprehensive as specialized platforms. Organizations with heavy requirements for category analytics, predictive insights, or extensive KPI frameworks may need complementary tools. Reporting depth should be validated against specific stakeholder needs (finance, compliance, category management).
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Quick Quotes | £50 per month (billed annually, shown as "50/month Billed Annually" on the vendor site) | Rapid RFx creation, simple RFQs, lot matrix, templates & libraries (listed on Market Dojo pricing page). |
| On Demand (eSourcing) | £500 per month (monthly) or £5,000 per year (annual licence) (shown as "500/month (Alternatively 5000 for an annual licence)") | Unlimited sourcing events, no contract, purchase a single event licence; billed monthly or annually. |
| Enterprise | Customised pricing (billed annually) | Procurement ecosystem, enterprise functionality, white-labelling, advanced reporting; contact sales for pricing. |
Module-specific / product pricing (official site statements):
- Reverse Auction / On-Demand Reverse Auctions: "Pricing from: £1000 per/month"; "annual license... for as little as £6000." Also lists "Pricing from: £1000 per/event." (appears on reverse-auction product page).
- Supplier Onboarding (Supplier Portal): "pricing includes everything you need to get started from £10,000 per annum which includes your first 500 suppliers." (supplier-onboarding page).
- Vendor Information Management / SIM Dojo: "SIM Dojo costs £5000 per annum for managing your online onboarding process, inclusive of your first 500 suppliers. Thereafter it's only £1000 for every 500 additional suppliers." (vendor-information-management page).
- Additional services / consultancy: examples shown on official additional-services page: e.g., on-site consultancy 0.5-1 days priced at £425-£850; strategic category workshops typically 2-3 days priced £1500-£2250; bespoke white-labelling and training available (contact sales for details).
Seller details
Market Dojo Ltd
Bristol, United Kingdom
2012
Private
https://www.marketdojo.com/
https://x.com/marketdojo
https://www.linkedin.com/company/market-dojo/
