What is the Unimarket Supplier Network (eMarketplace)?
The Unimarket Supplier Network (eMarketplace) is an ever‐growing network of suppliers that can be readily accessed by customers via the Unimarket eprocurement platform. Suppliers can offer categorized, self-managed Hosted (eStore) and Punchout (Roundtrip) catalogs via the Unimarket Supplier Portal. Once registered in Unimarket, Suppliers then have the option to host multiple, customer-specific catalogs, receive orders and RFQs (Request for Quotes), create and submit quotes, invoice electronically, extract reports, and manage/share their business and tax information.
How do Suppliers connect and provide their catalogs to Unimarket customers?
Premium Suppliers can provide Unimarket customers their choice of Hosted, Punchout (Roundtrip) and Level 2 Punchout catalogs, all in real-time via the self-service tools available in the Unimarket Supplier Portal. All registered Suppliers can provide their tax information and share their business classification/certification documentation with Unimarket customers electronically.
How do Suppliers receive orders from Unimarket customers?
Orders can be delivered to the Supplier via either email, or via cXML order integration (which directly sends the orders into their supply chain order management system). Unimarket will work with a Supplier's data integration partner if third-party order transmission configuration is required. If a Supplier is new to order integration, we can even recommend several leading third party integration specialists that we have worked with on past successful projects.
Can Suppliers submit electronic invoices?
Unimarket Electronic Invoicing is a scalable solution that ensures a fit for both large and small Suppliers. Supplier Invoice Integration can be used to receive invoice data directly out of Supplier systems and our Supplier Order to Invoice functionality provides non‐integrated Suppliers with the ability to turn an Order into an Invoice ("Order to Invoice") for submission and matching. Automation of the invoicing process removes costly manual processes for both suppliers and buyers.
How many Suppliers are on the Unimarket Supplier Network?
There are over 10,000 Suppliers in the Unimarket Supplier Network (eMarketplace). This includes several hundred Hosted (eStore) Catalog and Punchout (Roundtrip) Suppliers.
Unimarket customer communities can view a full list of all Suppliers in the Unimarket Supplier Directory.
How long does it take to provide a Punchout or hosted catalog to Unimarket customers?
Via the Unimarket Supplier Network Portal's self-service catalog wizard, Suppliers can configure, self-test and deploy a punchout catalog within a few minutes. Hosted catalogs can be uploaded quickly and easily and will validate in realtime. Both punchouts and hosted catalogs can then be deployed to additional Unimarket customers with a few simple clicks.
What are the benefits to Suppliers who participate in the Unimarket Supplier Network?
Key Value Propositions
- With Unimarket, customers access a 'one‐stop' shop rather than going to hundreds of different Supplier websites.
- All on account and Credit Card purchases go through this controlled channel.
- Preferred Suppliers are promoted internally by our customers, so off-contract / maverick spend is reduced and often eliminated.
- Unimarket offers hosted catalogs, punchouts or structured RFQ/RFX's instead of phone calls, faxes and intermittent emails.
- Unimarket offers cXML feeds for orders and invoices (consistent instant order feeds on approval).
- Immediate invoice matching for customers means that Suppliers are often paid quicker.
- Product and service information, availability and pricing are maintained by Suppliers (not manually keyed by buyers).
- Unimarket results in a significant reduction in errors and downstream matching issues when the right product/service is purchased at the right price at the right time.
- Unimarket offers one formal business process to support many customers instead of variable informal ones per buyer.
- Unimarket offers one channel to sell through instead of many erratic ones for the same customers.
- Customer Service / Account Management
- Unimarket promotes contract compliance and best practice.
- Along with the efficiencies gained by using Unimarket, the cost and resource involved in procurement is reduced, allowing customers and Suppliers to concentrate on targeting/eliminating maverick spend and increasing compliance and preferred Supplier throughput.
- Suppliers and customers benefit from increased buyer visibility, compliance to contracts, process efficiency, quicker payment and fewer issues/exceptions.
- New Business Opportunities
- Unimarket points procurement administrators towards our supplier network when they are looking to engage with new Suppliers.
- Increased visibility within a customer's eMarketplace and searchable products and catalogs means many Suppliers gain new business from within an existing account.
- By joining the Unimarket eMarketplace suppliers also benefit from greater visibility with new customers and the ability to be up and running quickly with new customers.
How do suppliers manage specific customer catalog pricing?
Through the Unimarket Supplier Network Portal, Suppliers can quickly upload catalogs that can be published to either specific customers or across multiple customers. Punchout catalog pricing and content is managed by the Supplier through their existing product database and changes are immediately seen in their Punchout store.
Can Unimarket Suppliers provide their services, as well as product catalogs?
While Unimarket is well suited to manage product catalogs, it is also equally suited to provide access to services offered by Suppliers. Examples of services currently offered in the Unimarket Supplier Network are travel companies, recruitment, couriers, printing and conferences.
Can Unimarket integrate with an existing eCommerce site?
Unimarket offers cXML or OCI Punchout (Roundtrip) functionality to Suppliers that operate an existing ecommerce website. cXML Order Integration and cXML Invoice integration is also available. Unimarket does not charge Suppliers a setup fee, or an on‐going integration cost for providing integration.
Does the Unimarket system manage product categorization?
Unimarket provides Suppliers with the ability to code their catalog items with UNSPSC product codes. This ensures buyers can easily search and filter products by this global category standard.
Who establishes contract terms with Suppliers?
Unimarket is a simple-yet-comprehensive tool by which our purchasing customers can more effectively manage their commercial relationship with Suppliers. Unimarket does not negotiate custom pricing with Suppliers on behalf of customers however, we do actively assist in the process of requesting that Suppliers provide their contractually compliant content.