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Unimarket Sourcing
What Unimarket Sourcing is
Unimarket Sourcing is a web-based tool for organizations running RFP, RFI, and RFQ processes, evaluating bids, and awarding contracts. Its bid-request builder supports templates, scoring criteria, and supporting documents. Teams can assign stakeholders and subject matter experts to review sections and collaborate on sourcing events. A customizable calculator applies scoring and weighting to supplier responses. In-platform messaging handles announcements and supplier questions while retaining a communication record. Reverse auctions can alert vendors when they are outbid without revealing sensitive details. For RFQs, awarded bids can be added to a shopping cart to generate a requisition, and vendors can move into Unimarket Marketplace. Sourcing is available on its own, though Unimarket says it is most powerful with eProcurement and Marketplace. Organizations can invite as many suppliers as they want after implementation, and suppliers can review and respond to bids at no cost. Pricing is by quote, with no free plan. The cloud-based service can connect with nearly any ERP, finance, or accounting system through Workato. Unimarket says its application complies with PCI and SOC 2 Type 2 standards and encrypts data at rest and in transit.
Who it suits
It suits organizations in sectors including higher education, healthcare, government, research, and financial services that manage sourcing events. Suppliers can respond to bids without charge.
What it does well
- Builds RFPs, RFIs, and RFQs with templates.
- Customizable scoring and weighting compare supplier bids.
- Messaging keeps a record of supplier communications.
- Suppliers can respond to bids at no cost.
- Can be used as a standalone solution.
What to know first
- Pricing requires a quote.
- No free plan is listed.
- Unimarket says it is most powerful with other products.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Unimarket Sourcing | Quote required · suppliers can review and respond to bids for free · standalone use available | On request |
As unimarket.com lists them, read 8 Oct 2026. The maker's own page has the final word.
Getting started
- Open the Unimarket Sourcing website
- Request a quote for the Sourcing plan
- Implement the cloud-based service
- Create an RFP, RFI, or RFQ with templates and criteria
- Invite suppliers and assign internal reviewers
- Connect ERP, finance, or accounting systems through Workato
Verdict
Unimarket Sourcing supports bid creation, evaluation, supplier communication, and contract awards. Organizations should note the quote-based pricing and the stated benefit of using it alongside eProcurement and Marketplace.
Questions
Does Unimarket Sourcing have a free plan?
No. The Sourcing plan requires a quote. Suppliers can review and respond to bids at no cost.
Can Sourcing be used on its own?
Yes. Unimarket Sourcing is available as a standalone bid-request solution.
Which organizations does it serve?
Unimarket describes customers across higher education, healthcare, government, research, and financial services.
Can suppliers be invited without a limit?
Organizations can invite as many suppliers as they want after implementing Sourcing.
What integrations are available?
Unimarket says Sourcing can connect with nearly any ERP, finance, or accounting system through its integration middleware partner Workato.
How is the service secured?
Unimarket states that its application complies with PCI and SOC 2 Type 2 standards. Data is encrypted at rest and in transit.
Facts from Unimarket Sourcing's own pages
- Bid evaluation
- A bid score calculator supports customizable scoring and weighting to compare supplier responses. · unimarket.com, 8 Oct 2026
- Cloud access
- The sourcing solution is cloud-based and described as available anytime and anywhere. · unimarket.com, 8 Oct 2026
- Collaboration
- Teams can assign stakeholders and subject matter experts to review specific sections and collaborate on sourcing events. · unimarket.com, 8 Oct 2026
- Headquarters
- Auckland, New Zealand · unimarket.com, 28 Sept 2026
- Integrations
- Unimarket says it can connect with nearly any ERP, finance, or accounting system through its integration middleware partner Workato. · unimarket.com, 8 Oct 2026
- Marketplace integration
- For RFQs, awarded bids can be added to the shopping cart to generate a requisition, and awarded vendors can transition into the Marketplace. · unimarket.com, 8 Oct 2026
- Reverse auctions
- Reverse auctions can notify vendors when they have been outbid without revealing sensitive details. · unimarket.com, 8 Oct 2026
- RFX builder
- Teams can use templates, add scoring criteria, and attach supporting documents when creating bid requests. · unimarket.com, 8 Oct 2026
- Security
- Unimarket states that its application complies with PCI and SOC 2 Type 2 security standards and that data is encrypted at rest and in transit. · unimarket.com, 8 Oct 2026
- Standalone availability
- Sourcing can be used as a standalone bid request solution, and Unimarket says it is most powerful with eProcurement and Marketplace. · unimarket.com, 8 Oct 2026
- Supplier access
- Suppliers can review and respond to bids at no cost, and organizations can invite as many suppliers as they want after implementing Sourcing. · unimarket.com, 8 Oct 2026
- Supplier communication
- In-platform messaging lets users post announcements, respond to supplier questions, and keep an auditable communication record. · unimarket.com, 8 Oct 2026
- Support
- Unimarket says its support team can help suppliers with questions so they can submit bids. · unimarket.com, 8 Oct 2026
- What it does
- Unimarket Sourcing helps organizations create RFPs, RFIs, and RFQs, evaluate bids, and award contracts. · unimarket.com, 8 Oct 2026
- Who it is for
- Unimarket describes its customers as organizations across sectors including higher education, healthcare, government, research, and financial services. · unimarket.com, 8 Oct 2026
Where Unimarket Sourcing stands on Freedom251
- Sourcing Software#15 of 23