The Unimarket Procure-to-Pay solution combines our Procurement, Invoicing, Payment and supplier Marketplace product modules to streamline how you shop, purchase, receive invoices and pay. This solution incorporates robust approval workflow and a user-friendly receiving process to ensure spend is authorized before orders are sent to suppliers and to ensure invoices are properly matched and approved before payment is initiated.
The Unimarket Source-to-Settle solution combines our Sourcing and Contracts product modules to deliver strategic sourcing of goods and services with integrated contract management. This provides you with a streamlined way to manage strategically sourced goods and services throughout the sourcing and contract management lifecycle along with seamless integration to the Unimarket Procure-to-Pay solution.
Our supplier Marketplace operates as an integrated component of our Procure-to-Pay and Source-to-Settle solutions, but it can also be deployed as a stand-alone solution for organizations with an existing eProcurement product. Either way, leveraging our supplier marketplace allows you to connect with your suppliers to shop their online catalogs and integrated punchout eCommerce sites.
THE UNIMARKET SYSTEM
Explore the product modules underpinning our Procure-to-Pay, Source-to-Settle and Marketplace solutions.
Connect with our Supplier Marketplace to access a continuously-growing community of integrated suppliers and supplier catalogs.
Streamline shopping, approval, purchase, and receiving. Ensure purchases are properly approved before orders are sent to suppliers.
Automate receiving, matching, and approval of invoices. Allow accounts payable to focus on exceptions instead of touching every invoice.
Eliminate checks, pay suppliers electronically, and do it all with a single, simple payment file from your financial system.
Create and manage electronic RFI’s and RFP’s, receive responses in the same format for easy side-by-side comparison and scoring.
Store, manage, and search contracts and related documents, track spend against contracts. Never miss a key date with automated notifications.
Create electronic expense claims, route for approval, and automatically load approved claims for reimbursement.
THE UNIMARKET EXPERIENCE
Integrating Purchasing and Payables ReportLearn how to increase control over spend, lower costs and improve your competitive advantage.
How? By integrating procurement and accounts payable you could gain all of these benefits and more.This free report on the integration of purchasing and payables covers:
- Current integration trends among procurement and accounts payable
- Risks and benefits of integrating these processes
- Best practices for integration
- Automation software designed to support integration