Wednesday, 7 June 2017

Market Dojo - Building an ecosystem

Market Dojo’s latest release brings the ability to share data seamlessly with other solutions via what is known as an API.


The first integration has been achieved with Per Angusta on the back of two significant client wins, proving the appetite in the market for best-of-breed integrated solutions versus single-source suites.

Per Angusta

We have been partners with Per Angusta for several years and share several customers.  Per Angusta makes it easy to build your procurement pipeline to manage resources effectively; track savings to enhance procurement’s impact in the company, and to store and manage your signed contracts. Ultimately, Procurement’s contribution is better understood and accepted by your organisation.

Sharing data, seamlessly

Sharing data between systems is a great way to reduce repetitive work and the potential for errors. In the case of Per Angusta, users can easily create Market Dojo sourcing events from their Per Angusta Sourcing Pipeline and quickly pass back into Per Angusta details of the savings that they have achieved in those sourcing events.

We are really excited about the value these features will bring for our joint customers.

How it works

Providing this ability in a secure manner required us to add a couple of new capabilities.

Single Sign On. This means that once you have signed into one system, logging in to another only requires a single click. It also means you can go directly to the information you need, without having to login first. When data is being transferred between systems several times a day, this becomes a significant time saver. Because we have used an industry-standard solution called JWT, it will be simple to add SSO with other systems in the future.

API. To allow Market Dojo to exchange information directly with other systems, we have created an Application Programming Interface (API). This key data to be sent back and forth quickly and securely without human intervention

What next?

Having added Single Sign On and API capabilities give us some very interesting opportunities to further extending the ways in which Market Dojo can be useful to our customers.

This will give us the ability for our customers to share data with other systems they use.  We are very excited about this and some of the ideas we have discussed are:

    • Real-time messaging when a new bid is received
    • Automatically creating an e-auction event when a new purchasing request is received
    • Updating the company ERP system when a participant has been selected following an RFI
    • Checking on the current winning bid in your RFQ through tools such as Amazon Alexa.

Learn more

If you want to learn more about how Integration with Per Angusta, or have ideas about new ways our API could be applied in your business, please get in touch with nicholas.martin@marketdojo.com

Market Dojo helps procurement professionals negotiate better with our on-demand eSourcing tools. If you’d like to find out more, get in touch or register for free and play around with our software for yourself!

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