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Unimarket: Source-to-Pay and Spend Management Software

Unimarket helps procurement and finance leaders manage the procurement lifecycle from sourcing to payment. It is designed for organizations needing to monitor spend and implement digital approval workflows.

At a glance

Category
Operations
Best for
Procurement leaders, Finance and AP managers, Sustainability leaders, Education and Healthcare organizations, Government agencies
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
Key use cases
Sourcing Process Management, Digital Invoice Processing, Spend Visibility, Expense Reimbursement
Integrations
Ellucian Banner, Ellucian Colleague, Workday, Oracle, TechnologyOne
Official website
unimarket.com
Screenshot of unimarket website

Unimarket is a source-to-pay platform designed to provide visibility and control over organizational spending. The software includes modular tools covering sourcing, contract management, e-procurement, and automated invoicing.

It serves organizations in the education, healthcare, and government sectors, helping these entities digitize purchasing workflows and manage supplier relationships in a centralized system.

Key functionality includes AI-powered categorization for spend analysis, rules-based matching for invoices, and configurable approval paths to support budget discipline. It also offers an expense management module for processing reimbursements.

Buyers should confirm their ERP compatibility, as Unimarket is designed to integrate with systems such as Workday, Oracle, and SAP to ensure the ERP remains the system of record.

Key Features

Electronic Invoicing

Supports automated invoicing with rules-based matching and calculation validation.

AI-Powered Categorization

Uses AI for UNSPSC categorization to help organize and analyze spend data.

Configurable Approval Workflows

Supports custom routing for purchase requisitions and expense claims.

Spend Controls

Provides budget and spend controls to help manage maverick spending.

Contract Repository

A searchable central location for managing vendor and supplier agreements.

Payment Fraud Prevention

Includes security tools and risk scoring to help mitigate payment fraud.

Expense Management

Allows users to submit electronic expense claims with attached receipts via browser-based or mobile access.

Use Cases

Sourcing Process Management

Managing the sourcing process from procurement planning and supplier discovery through to evaluation and award.

Digital Invoice Processing

Using a virtual mailroom and automated matching to reduce manual invoice data entry.

Spend Visibility

Tracking organizational spending in real time via dashboards to identify cost-saving opportunities.

Expense Reimbursement

Digitizing the submission, approval, and payment of employee travel and entertainment expenses.

Best For

Procurement leadersFinance and AP managersSustainability leadersEducation and Healthcare organizationsGovernment agencies

Integrations

Ellucian BannerEllucian ColleagueWorkdayOracleTechnologyOneSAP

Pricing

Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.

FAQ

What does Unimarket do?

Unimarket is a source-to-pay platform that provides tools for sourcing, contract management, e-procurement, invoicing, and expense management.

Can Unimarket be used as a standalone expense tool?

Yes, Unimarket Expenses can be used as a standalone solution, though some advanced features require the eProcurement or Marketplace modules.

Which ERPs does Unimarket integrate with?

Unimarket supports integrations with several ERPs, including Ellucian Banner, Ellucian Colleague, Workday, Oracle, TechnologyOne, and SAP.

How is Unimarket priced?

Specific pricing is not publicly listed and is based on unique organizational requirements; buyers must contact the company for a custom quote.

Source category: Operations

Source subcategory: Procurement

Categories:

Software Type:

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