Get control over spend, boost visibility, and deliver cost savings with eProcurement.
Finance leaders are asked to provide the financial strategy that powers the business to achieve its goals. At the same time, they must keep a tight rein on costs, improve cash flow, and deliver reliable financial insights.
All of this must be done while helping their organization successfully navigate a constantly shifting environment.
For these reasons, chief financial officers are interested in the opportunities for optimization that can be found within procurement. Automating the procure-to-pay process, simplifying purchasing, and managing spend through an eProcurement solution is quickly emerging as key to financial confidence and success.
Maintaining control and oversight in a decentralized purchasing environment is a major challenge for many organizations. Different departments have their own suppliers and own ways of buying.
End users want to follow the correct guidelines, but purchasing can be more complicated than it needs to be. Your procurement team wants a compliant procurement process that lets them deliver efficiencies and savings, but they lack the right tools.
A purpose-built spend management solution helps your organization maintain financial stability by empowering you to:
Managing the entire purchasing process through a single, easy-to-use solution gives your organization unprecedented control over procurement. You can cater to the specific needs of each department while remaining confident that spend is compliant and fully auditable.
All purchases are made at your negotiated prices, approved by those with the appropriate authority, and are allocated to the correct budget. Automation reduces effort at every step so your procurement and accounts payable teams are freed up to focus on more strategic work.
A streamlined and automated procurement process powered by an easy-to-use eProcurement solution will enable your organization to:
Your finance system is an essential tool for your organization and it’s understandable to look to it when transitioning away from a paper-driven procurement process.
But if you’re currently purchasing through an ERP procurement module, your procurement team and users probably won’t be short of reasons why it just doesn’t work for them.
Managing purchasing through a system that was not built for the task can be frustratingly inefficient and full of hidden costs. Supplier integration and enablement through an ERP can be time consuming and resource intensive for both procurement and IT teams. Plus, there’s an additional burden on IT whenever a modification, improvement, or security update is required.
Using an ERP procurement module can also be a complicated and cumbersome experience for users. Creating requisitions for everyday purchases can be frustrating and involve multiple steps and screens, driving some users to buy off contract in an effort to avoid the complexity.
The best eProcurement solutions overcome all of these challenges. They are cost-effective, purpose-built tools that work in tandem with your ERP to provide the functionality and usability your business wants, while giving you the central visibility and savings you need to maintain financial stability. Tight integration between the two means your ERP remains the financial source of truth at all times.
Learn more about the benefits of eProcurement vs managing procurement through your ERP.
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.
Explore our
spend management solutions.
Explore our
spend management 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
Unimarket Contracts is a digital solution that simplifies contract management, facilitates better collaboration with colleagues, and gives you the visibility you need to negotiate improved contract terms.
Store all contracts in an online repository that allows for easy access whenever and wherever you and your colleagues need it. And it’s not just contracts.
Simplify buying
Our integrated catalog-driven marketplace lets you easily find and buy the things you need from your preferred suppliers at your negotiated prices.
With Unimarket Marketplace, your users get a shopping experience they love, while you get the information you need to get the best from your suppliers.
Simplify procurement
Looking for a simpler way to manage your procurement process? With Unimarket e-Procurement, you can have it all — from shopping, to requisition approval, to purchase order creation, to confirmation of receipt of products and services.
No matter how your people are spending—catalog, non catalog, blanket orders, request for quote—it can all be done efficiently through the one platform.
Simplify invoicing
Our most comprehensive solution manages your entire procurement process, from purchasing through to managing supplier invoices.
Don’t stop at offering an easy, intuitive shopping experience and automating your purchasing, requisition and approval process—choose eProcurement+ and automate the entire accounts payable process as well.
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
Unimarket Expenses takes the complexity out of expense management by introducing a single, streamlined process for all claims.
Our cloud-based solution completely digitizes your expenses process so your people can submit claims whenever and wherever they are. And with the option to easily attach receipts and other supporting documentation, there's no need to save paper receipts.
Get in touch to find out how we can help you get greater control and visibility over your procurement process.