PayStream Advisors’ Source-to-Settle Provider Landscape Report Explores the Benefits of Holistic Source-to-Settle Automation
Annapolis, MD – Unimarket, the leading provider of simple and easy-to-use software to bring all your procurement into one place has announced the availability of an report produced by PayStream Advisors, a leading research and advisory firm focused on business process automation in sourcing, procurement and payments.
The “Source-to-Settle Provider Landscape” report, available for download via Unimarket’s web site at www.unimarket.com/provider-landscape-report, highlights the current state of sourcing, spend management, and finance among North American organizations. It also explores market adoption trends, company statistics, and common pain points that organizations face in Source-to-Settle (S2S) management, as well as the benefits they achieve from automation.
Today’s Chief Procurement Officers (CPOs) face increasing pressure to improve efficiency and reduce processing costs across all purchasing activities, but are expected to do so using varying approaches resulting in automating the S2S process slowly, piece by piece. As a result, these organizations are missing out on the potential optimization that a fully automated S2S process can bring to spend management.
In this “Source-to-Settle Provider Landscape” report, PayStream seeks to explore beyond standalone sourcing tools and looks at complete S2S automation, the benefits of an automated S2S process for the average organization, and other areas of purchasing optimization, including:
- Current Market Trends in S2S Process Management
- The Benefits of S2S Software for Organizations
- Features and Functionalities of Holistic S2S Software Suites
“Unimarket is delighted to have been selected by PayStream Advisors’ team of business processautomation experts and featured in this thorough examination of the Source-to-Settle automation software market,” said Peter Kane, Unimarket’s CEO. “From day one, Unimarket has set out to create simple and easy-to-use software to bring all of an organization’s procurement into one place. In taking this holistic view of the entire procurement lifecycle, we have designed the most comprehensive Source-to Settle software platform in the market space.”
“This report was designed to help organizations better understand the value and use case of a more streamlined process between S2S functions,” said Jimmy LeFever, Director of Research and Consulting for PayStream. “We featured providers that were able to support a holistic back-office environment with a fully functioned S2S software suite, and we think Unimarket’s solution offers a strong example of such a tool.”
With sourcing, contracts, procurement, invoicing, payments and supplier marketplace product modules that are easily configured into Procure-to-Pay, Source-to-Settle and eMarketplace solutions, Unimarket automates many of the time-consuming manual tasks across the entire purchasing lifecycle, allowing organizations to make better strategic decisions more quickly, maximize cost savings and improve efficiency.
Unimarket’s user-friendly, cloud-based procurement system brings spend management into one place in a simple, easy-to-use solution. With more than 10 years in procurement and a multitude of higher education, government, banking and healthcare customers across the globe, Unimarket understands what customers need and how to best get them to their goals.
Unimarket provides sourcing, contracts, procurement, invoicing, payments, expenses and a growing supplier marketplace on a unified SaaS platform. This efficient, user-friendly technology brings together buyers with suppliers, streamlines the procurement process and delivers real value.
Unimarket is more than just its innovative procurement technology; the company aims to provide software that users love to work with and to be the company that customers love to do business with. Find out how Unimarket can make your procurement process easier at www.unimarket.com.
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, they are 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 http://www.paystreamadvisors.com. PayStream Advisors is a division of Levvel, an IT consulting firm specializing in technology strategy, design, architecture, and DevOps.
For more information, contact Unimarket at 888.868.5929 or info @ unimarket.com.