The Swedish Export Credit Corporation (SEK) has selected Scanmarket by Unit4 to support procurement and compliance across its supplier and contract management processes. SEK is a state-owned export credit agency that provides medium- and long-term financing to Swedish exporters and their international customers.
Unit4 said SEK will implement several Scanmarket modules, including sourcing, contract management, supplier management, spend analytics, and project management. The cloud-based platform is intended to provide greater visibility and coordination across procurement, legal, and security functions within the organization.
What SEK Is Implementing
The implementation centers on Scanmarket’s source-to-contract capabilities, which SEK will use to support procurement activities across multiple functions.
The Scanmarket by Unit4 platform includes modules for sourcing, contract management, supplier management, spend analytics, and project management, providing a single environment for managing procurement-related data and workflows.
According to Unit4, SEK plans to use the platform to standardize procurement, improve visibility and risk management, enhance cross-departmental collaboration, and accelerate project and compliance workflows.
Procurement teams will be able to manage sourcing events and supplier evaluations through Scanmarket’s eRFx functionality, while contract management tools will centralize agreements and records. Spend analytics is expected to support visibility into purchasing activity, and supplier management features will consolidate supplier data.
The platform is also designed for use beyond procurement. Unit4 said the platform will make procurement and supplier information available to authorized users across procurement, legal, and security functions. The shared access is intended to support coordination on compliance and contract-related oversight within SEK.
The deployment supports SEK’s need for consistent access to procurement and supplier information in a regulated environment, reinforcing governance and oversight.
Procurement, Compliance, and Platform Maturity
SEK’s decision shows how financial institutions increasingly expect procurement platforms to support governance infrastructure. In state-owned and export credit organizations, procurement decisions intersect with regulatory reporting, contractual risk, and security oversight, increasing governance and data-sharing requirements.
Procurement systems built solely for purchasing teams increase the burden on staff in highly regulated environments, requiring procurement teams to manage compliance tasks. Meanwhile, legal and security functions rely on manual coordination across departments to access supplier and contract information. Centralized platforms with controlled, cross-functional access are becoming baseline infrastructure.
The SEK deployment comes more than three years after Unit4 acquired Scanmarket. Adoption by a state-owned export credit agency suggests that Scanmarket by Unit4 can meet the requirements of complex governance, risk, and compliance environments.
More broadly, SEK’s selection illustrates how procurement technology must serve as both a back-office system and a part of organizations’ broader governance framework.
What This Means for ERP Insiders
Regulation is reshaping how procurement platforms are evaluated. Procurement systems are increasingly assessed on their ability to support governance, auditability, and cross-functional oversight. SEK’s decision reflects how compliance requirements now influence platform selection as much as operational capability.
SEK adoption signals platform competitiveness. Selection by a state-owned export credit agency suggests that Scanmarket by Unit4 can operate under complex regulatory and accountability constraints. The deployment points to growing confidence in Unit4’s platform integration within highly regulated environments.
Procurement data is becoming shared risk infrastructure. SEK’s implementation reflects growing demand for procurement platforms that support direct access by legal and security teams as regulatory touchpoints increase, particularly in European markets. As procurement decisions intersect with compliance and risk controls, platforms that reduce manual coordination and information gaps are becoming essential.
