eProcurement levels-up your procurement process — without burdening IT.
Streamlining and automating procurement is becoming a priority for many businesses.
The efficiency and cost-saving benefits are well established, but finding procure-to-pay software that fits with existing IT infrastructure and truly adds value can be incredibly challenging without the voice of a senior technology figure in the conversation.
Cloud-based eProcurement solutions have emerged as the gold standard of modern procurement methods.
Simplifying purchasing and processes and minimizing costs, technology leaders are also looking to eProcurement thanks to the reduced burden it places on their teams, from implementation to ongoing management.
If your organization is looking to modernize its procure-to-pay process it will face an important decision: add a procurement module to its ERP, or go with purpose-built eProcurement software.
At first, you may see building on your ERP’s capability as the preferred option. You’ve already carried out a risk assessment, you understand how it integrates with other systems, and you know the effort and time needed to maintain and update it.
However, many organizations have already discovered that not only is a purpose-built eProcurement solution much more capable, but it also reduces the burden on resources and the risk for IT teams.
The Unimarket eProcurement solution is implemented, managed, and updated by us. It scales to meet the needs of your organization, whether it’s greater functionality, more integrated suppliers, or an unlimited number of users.
The impact on your IT team is reduced dramatically from day one and there is a lower total cost of ownership when compared with managing procurement through an ERP module.
As our eProcurement solution is delivered as software as a service (SaaS), there’s no installation required and you avoid the costs and responsibilities related to hosting and maintenance. All product updates and improvements are automatic and come at no extra cost.
Integrating more than a handful of suppliers can seem like an unattainable goal when using an ERP procurement module. IT teams must establish contact with and onboard suppliers individually through time-consuming and complex custom integrations.
This often becomes too great a demand on resources and results in a highly limited supplier selection. With Unimarket, your team is completely free from this commitment. We have a large and growing network of suppliers that are already integrated and ready to connect with your organization with minimal effort.
If you work with a supplier that isn’t part of our network already, we’ll work to onboard them on your behalf.
Our support team is on hand to assist you, your colleagues, or suppliers whenever needed. We’ll be there to ensure your organization has the best eProcurement experience possible and all support is included within the cost of your subscription.
Security and stability are fundamental to the Unimarket solution. Our application is fully compliant with PCI and SOC 2 Type 2 security standards so you can have confidence that your data remains protected at all points.
We use Google Cloud Platform which employs a secure-by-design infrastructure. The service maintains rigorous privacy and compliance standards and all data is encrypted at rest and in transit.
Our solution can be rapidly configured to meet the needs of your organization so there’s no need to customize the core application. This means our platform is built on highly mature processes and technologies so you can be confident of a flexible and robust solution that can scale and grow as your needs change.
We manage, test, and roll out all product improvements and patches following a comprehensive security review and we commit to a system availability of 99.9% as part of our standard service-level agreement.
Finally, all transactions including orders, receipts, and invoices are recorded and date stamped so you can fully audit your procurement activity as you need.
Your ERP plays a key role in the operation of your organization. That’s why your procurement solution must be closely and reliably integrated to enable the easy flow of data and ensure that your ERP remains the master system of record.
Our expert team can rapidly deploy and integrate with your IT infrastructure and any finance or ERP system, including SAP, Oracle, Workday, Microsoft Dynamics, and TechnologyOne.
We support enterprise-level authentication through single sign-on and we can integrate with other solutions within your wider IT ecosystem.
At Unimarket we make procurement simple by streamlining and automating the procurement process, saving your organization time and money. Our fully featured solution does everything you need without the distraction of functionality you’re unlikely to use.
User adoption is key to unlocking the strategic value of eProcurement. That’s why we’ve designed our solution to be easy for everyone to use, no matter their role or level of comfort with technology. It offers an instantly familiar online shopping experience that people love to use.
That means more spend on contract, better visibility into spend, and greater administrative efficiency — all adding up to the return on investment you need.
With Unimarket, you can significantly reduce the cost of purchasing across your entire organization. Hard dollar savings come from being able to direct spend to your preferred suppliers and leverage your buying power to achieve the best possible pricing and contract terms.
Plus automated invoice matching and approvals mean your accounts payable team only needs to manage exceptions, freeing up time and resources.
Our solution integrates tightly with your ERP, allowing data to flow easily between the two systems. This provides certainty around data accuracy and consistency while ensuring your finance system remains the master system of record.
And because Unimarket is hosted in the cloud, you’re always using the most up-to-date version and there is nothing for your IT team to manage.
Our simple, all-in pricing model is completely transparent and allows you to have as many users and suppliers as you need, without worrying about increasing costs associated with per-user or per-seat pricing. Implementation, testing, user training, and ongoing support are also all included.
Unimarket can quickly and easily connect with nearly any ERP, Finance, or Accounting system quickly and easily with Workato, our integration middleware partner.
Explore our
source-to-pay solutions.
Explore our
source-to-pay solutions.
Simplify sourcing
Streamline sourcing events, from RFX creation to assessing bids and awarding contracts.
The creation of sourcing events can be complex and time consuming. Unimarket Sourcing simplifies this process, helping you confidently create RFIs, RFPs, or RFQs with standardized templates that align with your organization’s requirements.
Simplify contract management
Simplify contract management with a single, searchable repository.
Store and manage all your organization’s contracts, supplier contracts and related documentation in a cloud-based repository. Manage the contract lifecycle, search for contracts, set renewal reminders, track revisions and comments, and easily find contracts and related information when you need them.
Simplify buying
A buying experience you and your team will love.
Channeling 100% of purchases through a single Marketplace ensures your users buy from the right supplier at the right price every time. Users enjoy a seamless shopping experience, while you gain visibility, control, and compliance over every dollar of spend.
Simplify procurement
A simpler way to manage and automate procurement.
Unimarket eProcurement is designed to simplify every step of your procurement process—from shopping and requisition approval to purchase order creation and receipt confirmation. Experience seamless automation that saves time and reduces costs.
Simplify invoicing
Save time and money with fully automated supplier invoicing.
Unimarket Invoice Management streamlines the way you receive, match, approve and pay supplier invoices. Large, small or in-between, you and your suppliers will benefit from our automated invoice management solution.
Simplify payments
Unimarket Payments automates and simplifies the entire payment process, significantly reducing manual effort and virtually eliminating risk for your organization.
We handle your entire payment process so you don’t have to.
Simplify invoice processing
Dealing with supplier invoices can be a time-consuming, manual activity that leaves your organization open to data entry errors and missed opportunities.
Unimarket Virtual Mailroom automates and simplifies the processing of invoices, completely eliminating time spent manually processing invoices.
Simplify expenses
Take the hassle out of expense management.
Unimarket Expenses takes the complexity out of expense management by introducing a streamlined, user-friendly process for all expense reimbursements. From paper-free submissions to automated approvals, Unimarket Expenses ensures your team can manage expenses efficiently and accurately.
Get in touch to find out how we can help you simplify procurement.