Arkestro vs Unimarket Sourcing
Arkestro
arkestro.comUnimarket Sourcing
unimarket.comSide by side
| Figure | Arkestro | Unimarket Sourcing |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 0 | 1 |
| Spec score · Sourcing Software | 7.7 (#8) | 6.7 (#17) |
| Headquarters | Arkestro, Inc. lists its address as 60 29th St. #148, San Francisco, California 94110. | Auckland, New Zealand |
| Integrations | Arkestro says it syncs with ERP or P2P systems, using supplier, item, and historical purchase data and sending event awards back to the appropriate system. | Unimarket says it can connect with nearly any ERP, finance, or accounting system through its integration middleware partner Workato. |
| Security | Arkestro says it uses AWS hosting, AES encryption at rest, HTTPS and TLS 1.2 in transit, annual penetration tests, and vulnerability scanning. | 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. |
| What it does | The platform uses AI to help procurement teams set prices before suppliers respond, improve savings, speed negotiation cycles, and influence more spend. | Unimarket Sourcing helps organizations create RFPs, RFIs, and RFQs, evaluate bids, and award contracts. |
| Who it is for | Arkestro presents the platform as built for enterprise procurement and lists automotive, oil and gas, high-tech manufacturing, manufacturing, construction, financial services, and food and beverage industries. | Unimarket describes its customers as organizations across sectors including higher education, healthcare, government, research, and financial services. |
Plans
In their own words
Arkestro
Arkestro is a web-based predictive procurement platform for enterprise teams. It analyzes purchasing data with machine learning to recommend prices for sourcing events before suppliers respond. The platform combines behavioral science, game theory, data science, and automation to support pricing, supplier selection, negotiations, and workflow management. Teams can use competitive bidding and dynamic feedback, then manage the award process. Predictive Insights monitors supplier, commodity, and market data to identify risks and opportunities and recommend next steps. Arkestro can sync with ERP or P2P systems, using supplier, item, and historical purchase data and returning event awards to the relevant system; its Professional Services team can guide integration. The maker presents use cases in industries including automotive, manufacturing, oil and gas, construction, financial services, and food and beverage. Arkestro says it uses AWS hosting, AES encryption at rest, and HTTPS and TLS 1.2 in transit. It states that its information security management system is ISO 27001:2022 certified and that it passes SOC 2 Type II audits without exceptions. Pricing is on request.
Unimarket Sourcing
Unimarket Sourcing has no write-up on Specifiction yet; its figures are above.