NOVA is the modern technology foundation powering Unimarket’s Sourcing, Contracts, and Procurement capabilities. This article explains what NOVA is, what it delivers, and what it means for you — whether you are an existing Unimarket customer or currently on VendorPanel.

What Is NOVA?

NOVA is an AI-first platform built on years of customer insight. It brings together embedded intelligence, deeper module functionality, and a more cohesive user experience — designed to grow with your organisation across the full source-to-pay cycle.

NOVA was built in response to three consistent themes heard from procurement and finance teams:

• A need for clearer, real-time insight to support decision-making
• Increasing pressure around compliance, governance, and risk
• A strong desire to reduce manual work and focus on higher-value activity

What NOVA Delivers

Embedded Intelligence

AI is woven directly into everyday procurement workflows — not as an add-on, but as an integral part of how the platform works. Intelligent automation reduces repetitive tasks, smarter insights surface at the right moment, and decision support helps your team move with confidence.

Deeper Functionality Across Every Module

NOVA delivers enhanced depth and performance across Sourcing, Contract Management, and Procurement. Modules are more capable, more configurable, more tightly integrated, and better equipped to handle complex procurement scenarios.

A Connected, Cohesive Experience

Sourcing, Contracts, and Procurement sit on a single unified platform. Data flows naturally between modules, workflows connect without friction, and the platform is modular — so you adopt what is right for your organisation.

Richer Insights and Analytics

Deeper analytics, smarter reporting, and real-time insights give procurement and finance leaders better visibility across the full source-to-pay cycle — helping you understand spend, risk, and improvement opportunities.

Speed and Usability by Design

Workflows are designed to avoid unnecessary steps, reduce manual effort, and help users complete tasks quickly and correctly. Speed and usability are design principles, not afterthoughts.

Modern Security Architecture

NOVA is built on a modern architecture designed to meet today’s data privacy, cyber risk, and compliance obligations — and tomorrow’s.

If You Are on Unimarket Today

NOVA enhancements are available on the platform you already use. Here is what to expect:

• If you have access to Sourcing or Contracts modules, you will receive updates as they roll out.
• Nova AI will be available platform-wide — all Unimarket customers benefit regardless of which modules they have purchased.
• No new system to learn and no disruption to what is working today.
• Improvements are introduced progressively, and you will be kept informed about what is coming.

If You Are on VendorPanel Today

NOVA capabilities are being built on the Unimarket platform. Accessing them will involve moving to Unimarket when the time is right for your organisation. Until then:

• Your current VendorPanel solution remains fully supported.
• No changes to your environment, workflows, or integrations.
• Your procurement expertise will directly influence NOVA’s roadmap — Unimarket will actively consult VendorPanel customers as features are prioritised.
• When you are ready to transition, your Customer Success Manager will guide you through a phased, fully supported move at a pace that suits your organisation.

Our Commitments to You

Regardless of which platform you are on today, here is what you can expect:

• Transparency — clear communication about what is coming, when, and what it means for you.
• Partnership — changes to your platform will be guided in close collaboration with you, not imposed on you.
• Continuity — your existing workflows, data, and integrations are protected throughout any evolution.
• Ongoing value — NOVA is designed to compound value over time as new capabilities are introduced.

What’s Next

Over the coming months, Unimarket will be sharing more: specific product releases, enhanced features for individual modules, and early customer engagement opportunities. Watch for updates in your product notifications and from your Customer Success Manager.