Scanman Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Scanman Strengths, Domain Expertise, and Key Differentiators

SCANMAN boasts several key strengths that differentiate it in the highly competitive AP automation market. Its domain expertise lies in delivering comprehensive A/P automation solutions, specifically tailored for JD Edwards EnterpriseOne. The SCANMAN Financial Suite is a powerful offering that encompasses A/P Invoice Automation, A/P Payment Automation, Bank Statement Processing, and Vendor Management Portals. Moreover, SCANMAN's integration with JD Edwards enables customers to leverage advanced AI and ML features, facilitating accurate invoice data capture, automated routing for approval, and seamless PO matching. The standards-based approach of SCANMAN ensures a strong value proposition for Oracle JD Edwards customers, enhancing A/P efficiency, compliance, controls, and invoice processing cycle times.

Scanman Recent Developments

SCANMAN's Oracle Validated Integration certification with JD Edwards EnterpriseOne 9.2 signifies a significant milestone for the company. By successfully undergoing testing and verification by Oracle, SCANMAN demonstrates its seamless real-time integration capabilities with the latest version of EnterpriseOne. This integration empowers organizations to achieve end-to-end automation of their A/P processes, resulting in improved efficiency, compliance, and cycle times. The revenue growth and profit data of SCANMAN indicate a positive trajectory, driven by its innovative solutions and expanding customer base.

Scanman Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Scanman applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Scanman and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified SCANMAN Financial Suite, SCANMAN A/P Invoice Automation, SCANMAN A/R Automation, SCANMAN A/P Payments, SCANMAN Vendor Portals customers.

Scanman Key Enterprise and Cloud Applications

SCANMAN Financial Suite, SCANMAN A/P Invoice Automation, SCANMAN A/R Automation, SCANMAN A/P Payments, SCANMAN Vendor Portals

Scanman Revenues, $M:

Scanman Revenue Breakdown By Type, $M:

Scanman Enterprise Applications Revenues By Functional Markets, $M:

Scanman Enterprise Applications Revenues By Verticals, $M:

Scanman Revenues By Region, $M

Scanman Direct vs Indirect sales

Scanman Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Scanman Customers

No. of Scanman Customers: 200

No. of Scanman Enterprise Applications Customers: x

No. of Scanman Cloud Customers: x

No. of Scanman Cloud Subscribers: x

SCANMAN boasts an impressive customer base of over 200 clients, primarily utilizing JD Edwards EnterpriseOne. Notable companies among its customer portfolio include Osterman & Company, Riocan, Stoner, Intergen, Miller Electric, and J&P Motorcycles. The recent go-live of Osterman & Company with SCANMAN's AP Automation solution highlights the trust placed by global organizations in SCANMAN's ability to deliver performance-driven solutions.

Scanman Market Opportunities, M&A and Geo Expansions

In the ever-evolving IT landscape, SCANMAN has multiple opportunities to expand its market reach both horizontally and vertically. Horizontally, by diversifying its product portfolio to cater to a wider range of ERP systems beyond JD Edwards, SCANMAN can tap into a larger pool of potential customers.

Additionally, embracing cloud-based solutions and incorporating IoT capabilities can enable SCANMAN to offer scalable and agile AP automation solutions that align with the demands of modern enterprises. Vertical opportunities lie in the potential for geographic expansion, targeting new regions and industries that are yet to leverage the benefits of automated A/P processes.

Scanman Risks and Challenges

SCANMAN currently faces limitations due to its reliance on a specific set of tools designed for an outdated ERP system. To accelerate its growth and cater to a broader customer base, it is imperative for SCANMAN to strategically expand its product portfolio to encompass a wider range of diverse systems. By doing so, SCANMAN can effectively address the needs of a larger group of companies and enhance its market reach and competitiveness.

Scanman Ecosystem, Partners, Resellers and SI

SCANMAN primarily engages in direct sales activities.

Scanman Cloud Infrastructure Insights

Subscribe to read more about:

• Scanman Public Cloud and Infrastructure (IaaS)
• Scanman Platform (PaaS)
• Scanman Application Delivery
• Scanman Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: