Market Dojo vs Zoho Procurement

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.

Zoho Procurement manages purchasing from employee requests through supplier payments as a source-to-pay platform. Employees can submit catalog or ad hoc requests that proceed through hierarchical approvals, custom workflows, and automation rules. Sourcing tools handle RFx events, bid comparisons, evaluations, and supplier shortlisting. Suppliers can use a self-service portal to bid, manage purchase orders, submit invoices, and track payments. The system can create purchase orders from approved requests and RFQs, record partial or complete deliveries, and use OCR and AI to capture invoice data and validate it against orders and receipts. Payment options include ACH, batch payments, and connected banking for India, with availability varying by plan. Premium costs $35 per user per month billed annually; Enterprise costs $75 per user per month billed annually. Each purchased user license includes 50 requester licenses. A 14-day trial includes all features and does not require credit card information to start. The service runs on Android, iOS, web, and API. Zoho lists weekday phone and email support, available 24 hours a day Monday through Friday.