Arkestro vs Market Dojo
Arkestro
arkestro.com
Market Dojo
marketdojo.comSide by side
| Figure | Arkestro | Market Dojo |
|---|---|---|
| Price from | — | £41.67/mo |
| Free plan | — | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 0 | 16 |
| Spec score · Strategic Sourcing Software | 7.7 (#7) | 9.0 (#1) |
| Spec score · Sourcing Software | 7.7 (#8) | 9.1 (#1) |
| Founded | Arkestro says it was founded in 2017. | 2010 |
| Headquarters | Arkestro, Inc. lists its address as 60 29th St. #148, San Francisco, California 94110. | Stonehouse, Gloucestershire, United Kingdom |
| Integrations | Arkestro says it syncs with ERP or P2P systems, using supplier, item, and historical purchase data and sending event awards back to the appropriate system. | Official integrations include multi-ERP connectivity, Focal Point, Esker and Veridion. |
| Product | Arkestro describes its product as a Predictive Procurement Platform for enterprise procurement. | Market Dojo provides on-demand and enterprise SaaS for eSourcing and supplier engagement, including sourcing, supplier onboarding and contract management. |
| Security | Arkestro says it uses AWS hosting, AES encryption at rest, HTTPS and TLS 1.2 in transit, annual penetration tests, and vulnerability scanning. | The FAQ states that daily backups, SSL encryption, declarative authorization and a self-defending network are used. |
| What it does | The platform uses AI to help procurement teams set prices before suppliers respond, improve savings, speed negotiation cycles, and influence more spend. | Market Dojo is a UK software-as-a-service platform for procurement teams to run sourcing events and supplier collaboration online. |
Plans
Market Dojo
- Opportunity Analysis Free PlanFree
- Contract Management£5, paid once
- Simple Sourcing — annual licence£500 a year
- Market Dojo – Sourcing£525 a month
- Pro Sourcing — annual licence£583 a year
- Advanced Sourcing — annual licence£667 a year
- Supplier Onboarding Simple£833.33 a year
- Simple Sourcing — monthly licence£1,000 a month
- Simple Sourcing — single event£1,000, paid once
- Pro Sourcing — monthly licence£1,500 a month
In their own words
Arkestro
Arkestro is a web-based predictive procurement platform for enterprise teams. It analyzes purchasing data with machine learning to recommend prices for sourcing events before suppliers respond. The platform combines behavioral science, game theory, data science, and automation to support pricing, supplier selection, negotiations, and workflow management. Teams can use competitive bidding and dynamic feedback, then manage the award process. Predictive Insights monitors supplier, commodity, and market data to identify risks and opportunities and recommend next steps. Arkestro can sync with ERP or P2P systems, using supplier, item, and historical purchase data and returning event awards to the relevant system; its Professional Services team can guide integration. The maker presents use cases in industries including automotive, manufacturing, oil and gas, construction, financial services, and food and beverage. Arkestro says it uses AWS hosting, AES encryption at rest, and HTTPS and TLS 1.2 in transit. It states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions. Pricing is on request.
Market Dojo
Market Dojo provides eSourcing and supplier engagement software for sourcing, supplier onboarding, and contract management. Its sourcing tools support RFIs, RFPs, RFQs, weighted events, document uploads, and pricing tables. Auction formats include open, ranked, Japanese, forward, and reverse auctions. Supplier questionnaires support weighted questions, several question types, tables, and document uploads, with generative AI and automatic or manual scoring. A RESTful API is available to all users and includes live documentation. Listed integrations include multi-ERP, Focal Point, Esker, Veridion, Power BI, Microsoft Entra ID, Google SSO, Okta, Spend HQ–PMM, and SAML. Market Dojo says it is ISO 27001 certified and hosts its software on Google Cloud Platform. Access is available on the web and through an API, with support by live chat and email. Free Sourcing Starter access is for test events and trying the tool as buyer and supplier, but is limited to test suppliers. Paid sourcing has annual, monthly, and single-event options; Simple Sourcing annual licence is £500 a year.