Contract Number: CNR01473
Contract Date: 10/01/2018 – 09/30/2027
Agreement: LPA
Renewals: None
Award Summary: Click RFP Number Field to view all awarded suppliers
eProcurement: N/A
RFP Number & Name: 683441 / eProcurement System and Services
Contract Availability: Higher Education;K-12

Unimarket

The Unimarket contract provides an easy-to-use eProcurement solution designed to meet the needs of higher education. Connecting a catalog-driven supplier marketplace with purchasing, invoice management, and card payment functions in one integrated platform, the Unimarket solution makes it easy to find and buy what you need.

Designed to make eProcurement easy, Unimarket offers visibility into what is being bought and who it is bought from. Built-in reporting and analysis tools provide visibility by supplier, product category, buying group, and more. With spend going through a single platform, you have the data to forecast, report, and plan with certainty. Eliminating manual processes, Unimarket reduces errors and inaccuracies, giving everyone certainty that your procurement process meets your policies, procedures, and requirements.

Contract Differentiators
  • Unimarket’s integrated catalog-driven marketplace lets users easily find and buy what they need from preferred suppliers at contracted prices
  • Unimarket’s eProcurement solution builds on their marketplace by adding the capability to manage purchase orders, approvals, and requisition process
  • eProcurement+ manages the entire procurement process, from purchasing through managing supplier invoices
  • Contracts and Payments add-ons are available to keep track of supplier contracts and streamline payments to suppliers
  • The platform easily integrates with a range of ERPs and financial systems like Ellucian Banner and Colleague, Workday, and Oracle
  • Provides everything your institution needs to transform procurement, without the complexity and costs involved in alternative solutions
  • The solution is offered at a fixed annual price so you can add more users and connect with additional suppliers as needed at no extra cost

More Information

Economic Benefit Model Statement

The E&I Economic Benefit Model™ (EBM) is a powerful tool that your institution can use to measure and communicate the overall value of its procurement activities. This benefit is derived from three key areas:

Using the EBM, each of E&I’s more than 215 competitively solicited contracts have been scored with a Total Economic Benefit™ (TEB) to member institutions.

The TEB of this Unimarket contract is in the range of 3.0-10.0%.

ECONOMIC BENEFIT MODEL

Total Economic Benefit of this Contract:

3.0-10.0%

The Economic Benefit Model TEB is determined from baseline cost comparisons using historical data, competitive intelligence, market benchmarking, vendor quotes, and related criteria.

To learn more, visit EBM or contact your E&I Member Representative.

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