Unimarket featured in PayStream Advisors’ 2018 Procurement Insight Report
ANNAPOLIS, MD – Unimarket, the leading provider of simple and easy-to-use software that brings all your procurement into one place, was recently highlighted in the 2018 Procurement Insight Report developed by business process automation research and advisory firm PayStream Advisors.
The 2018 Procurement Insight Report, available for download here, explores market trends in procurement management based on research collected from more than 400 organizations, as well as how a holistic eProcurement solution can solve common pain points within procurement organizations.
According to the report, the widespread nature of procurement and its interconnection with many other back-office departments makes it difficult for organizations to determine the current state of their procurement and how to streamline the process. As a result, the majority of organizations manage procurement under manual processes or with outdated technology.
PayStream Advisors found one of the best ways to resolve issues and improve visibility is by implementing procurement management software, or an eProcurement solution. The 2018 Procurement Insight Report also includes insights on:
- Current procurement trends across various industries
- Features and functionality available with eProcurement solutions
- Best practices for eProcurement adoption
Unimarket was highlighted as an eProcurement provider that helps organizations increase efficiency across all purchasing activity. With sourcing, contracts, procurement, invoicing, payments, expenses and supplier marketplace product modules, Unimarket automates time-consuming manual tasks and allows organizations to focus on being more strategic with spend.
“PayStream Advisors’ recent report is an eye-opening look into the state of procurement in 2018. Unimarket is proud to be included as an example of the many benefits eProcurement software provides,” said Peter Kane, Unimarket CEO. “As the report shows, our simple and easy-to-use software does more than eliminate manual processes – it results in procurement becoming a strategic asset that can drive business goals.”
“We were happy to include Unimarket in this year’s Procurement Insight report,” says Jimmy LeFever, director of research and consulting at PayStream. “We think they offer a great example of an easy-to-use, holistic solution that centralizes, supports and improves existing procurement processes without unnecessarily disrupting the current state.”
Unimarket is a leading provider of procurement software and services. Its powerful, easy-to-use cloud-based solution brings together purchasing, invoicing, payments, contracts, sourcing, expenses, and a continuously growing supplier marketplace – all in one unified platform. Founded in 2005, Unimarket supports clients in the United States, Australia and New Zealand, spanning a range of industries including higher education, government, financial services, transport and logistics, and healthcare. For more information, visit unimarket.com or follow on Twitter @Unimarket, LinkedIn at linkedin.com/company/unimarket, or Facebook at @UnimarketProcurement.
About PayStream Advisors
PayStream Advisors is a research and advisory firm focused on business process automation in sourcing, supply chain management, procurement, accounts payable, payments and expense management. PayStream’s team of experts provide targeted research and consulting services to address the changing needs of finance and procurement professionals. In short, the firm is dedicated to maximizing the returns and lowering the risks associated with technology investment. PayStream’s research reports, white papers, webinars and tools are available free of charge at paystreamadvisors.com. PayStream Advisors is a division of Levvel, an IT consulting firm specializing in technology strategy, design, architecture and DevOps.