Overview
What is Unimarket?
Unimarket is a cloud-based procurement solution that connects an extensive catalog-driven supplier marketplace with purchasing, invoice management, and card payment functions in one integrated platform. The solution helps to simplify and automate the process, offering valuable insights that help get…
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What is Unimarket?
Unimarket is a cloud-based procurement solution that connects an extensive catalog-driven supplier marketplace with purchasing, invoice management, and card payment functions in one integrated platform. The solution helps to simplify and automate the process, offering valuable insights that help get procurement done.
Unimarket Features
- Supported: Ease: Unimarket is a purpose-built eProcurement solution designed to make procurement easy. Its design makes it just like any other online shopping experience. Users can collaborate with suppliers and bring all of them, even the small ones, into a marketplace. Suppliers can manage their own data within the platform
- Supported: Visibility: Spend going through a single platform provides full visibility into what is being bought and from whom, making it possible to leverage buying power. Built-in reporting and analysis tools provide visibility by supplier, product category, and buying group, giving the information to improve decisions. Automated approval workflows tailored to the organization’s needs also ensure full visibility, transparency and consistency around process, compliance and approvals.
- Supported: Certainty: Once spend is going through a single platform, the data needed to forecast, report and plan with certainty. Eliminating manual processes reduces errors and inaccuracies, giving everyone certainty that procurement processes meets organization’s policies, procedures and requirements. Integration with an ERP allows data to flow between the two systems, giving the certainty around data accuracy and consistency, while the finance system remains the master system of record. Increasing accuracy and reducing errors results in less risk overall for the organization.
- Supported: Control: Bringing procurement together in one platform gives control over all elements of the process. Spend can be directed to preferred suppliers, helping to honor contracts and providing confidence that buyers are purchasing at negotiated prices. Approval workflows tailored to any requirements help to control spend and ensure orders are delivered to suppliers only when the correct approvals are in place. Automated checks ensure that no invoices are paid unless spend has been approved and goods or services have been received.
- Supported: Savings: With an eProcurement solution, the cost of purchasing across the organization can be reduced. Hard dollar savings come from being able to direct spend to preferred suppliers and leveraging buying power to achieve the best possible pricing and contract terms. Savings can be achieved by dramatically reducing processing costs, both time and effort as well as savings on things like paper and postage. The savings achieved through automated highly efficient procurement can be invested in the business outcomes that matter to the organization.
- Supported: Efficiency: By eliminating manual, paper-based systems and automating the process from beginning to end, cycle times are shortened and duplication is reduced, as well as the level of effort required at every step, which makes the process more efficient. By making procurement easier and more efficient, the organization's processes include less time spent on procurement and more time delivering results.
Unimarket Video
An overview of Unimarket
Unimarket Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Unspecified |
Mobile Application | No |
Supported Countries | Australia, New Zealand, United States |
Supported Languages | English |