Sourcing
Simplify steps and improve collaboration to get the best sourcing outcomes.
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 RFPs, RFIs, or RFQs with standardized question templates that align with your organization’s requirements.
Use our bid request builder to simplify and standardize the creation of sourcing events with question templates that can be saved for reuse. Pricing requirements and supporting documentation can be added so suppliers have all the information they need to make the most informed bid.
And because going to market often takes expertise from different departments, Unimarket Sourcing makes working on sourcing events with stakeholders, subject matter experts, and participating suppliers easier than ever.
Why Unimarket Sourcing?
Collaboration made easy
Build a team of collaborators and assign stakeholders and subject matter experts to review sections. You can also leverage buying power by partnering with other organizations in cross-community sourcing events.
Easier bid evaluation
Make the evaluation and comparison of bids easy by creating bid requests with structured sections and questions. Bidders must respond to your exact needs within the platform so you don’t have to trawl through supplier documentation or follow up with emails.
Preferred by suppliers
Suppliers can participate and submit bids through our intuitive online platform at no cost. If they need assistance with their bid or require clarity, our support team is on hand to help so you’re free to focus on your work.
Available anytime, anywhere
At the office, on the road, or at home, our cloudbased sourcing solution gives your team the freedom to collaborate on sourcing events whenever and wherever.
How does Unimarket Sourcing work?
Unimarket Sourcing makes sourcing events easier to manage across their entire life cycle.
1. Create your RFX
Simplify and standardize your sourcing process with our intuitive bid request builder.
Select your type of bid request (RFP, RFI, or RFQ), attach supporting documentation, and set customized scoring criteria. Simplify future sourcing events by creating and saving questions as templates for later use.
2. Invite suppliers
Once your sourcing event is ready, simply choose which suppliers you want to participate.
Either select suppliers already within our marketplace or send invitations to those not part of our marketplace. If you want to cast an even wider net, make it available to all by publishing a public link.
3. Review and award
Collaborate with your team to review submissions through our online platform. Ensure the right people review each section and make assessments easier with our weighted score calculator.
If you’re running an RFQ and your evaluation is complete, just add the awarded bid to your shopping cart to generate a requisition.
Features to make sourcing simple
Bid request builder
Create the right RFX for your needs with minimum fuss. Choose your type of bid request, select from standardized and reusable question and section templates, apply customizable scoring criteria, and more.
Bid notification templates
Save time and further standardize sourcing events with bid notification templates.
Build, save, and re-use customized email templates for notifying suppliers about new bid requests.
In-platform messaging
Avoid endless emails by managing all bid-related correspondence through a single platform. Post notifications, share bid announcements, respond to supplier questions, and maintain a fully auditable record of all communications.
Bid score calculator
With the ability to score and weight the value of individual sections, our bid score calculator simplifies the evaluation and comparison of bid responses.
Checkout integration
Ensure visibility across the life of your tender process with our integrated checkout for successful RFQ bids.
Simply add awarded bids to your shopping cart to generate a requisition and complete the process.
Reverse auction
Notify vendors when they have been out-bid by a competitor, without revealing any commercially sensitive details. This gives vendors the opportunity to offer you their most competitive pricing throughout the bid period.
Exploring other ways to get procurement done right?
We make procurement work for you, with a platform that flexes to suit your needs. No matter how you use Unimarket, you'll spend less time managing your procurement process and more time working on what you do best.
Marketplace
Our integrated catalog-driven marketplace lets you easily find and buy the things you need from your preferred suppliers at your negotiated prices.
eProcurement
Easily find and buy the products and services you need, plus manage your purchase orders, approvals, and requisition process.
eProcurement+
Our most comprehensive solution manages your entire procurement process, from purchasing through to managing supplier invoices.
From chaos to clarity, spend management transformed.
Are you ready to begin your e-procurement journey?