OneMarket is a source-to-pay technology platform developed by LogicSource, designed specifically for procurement professionals to streamline and elevate the procurement process within organizations. The platform combines a suite of integrated software modules, pre-built tools, templates, and expert support to help sourcing and procurement teams operate as effective business partners.
OneMarket's core offering is a simplified, end-to-end solution for managing the entire source-to-pay lifecycle. It is supported by actionable market intelligence, price benchmarks, and professional resources for implementation and ongoing data management. The platform is structured around five key software modules:
- OneMarket Insights: Delivers advanced supplier and spend analytics, helping sourcing teams identify new initiatives, maintain compliance, and enforce procurement policies.
- OneMarket Portfolio: Provides tools for tracking sourcing performance, distributing workloads, and aligning savings recognition with finance and business objectives.
- OneMarket Sourcing: Automates sourcing workflows using pre-built templates and tools to accelerate time-to-market and eliminate manual tasks.
- OneMarket Contracts: Digitizes contract data, consolidates documents into a central repository, and offers advanced search, notifications, and data management features.
- OneMarket Procure-to-Pay: Facilitates buyer-hosted catalogs, tactical sourcing, and rate-card management, supporting both transactional procurement and in-depth data reporting for procurement and finance teams.
What differentiates OneMarket is its blend of purpose-built software, access to experienced procurement professionals, and embedded market intelligence. This combination gives sourcing and procurement teams a comprehensive, cost-effective capability to improve impact, visibility, and operational efficiency.
Who Uses OneMarket?
OneMarket serves a diverse range of organizations looking to modernize and optimize their procurement and sourcing functions. Notable customers include GBMC, GSK, PetSmart, Lululemon, Subway, Fresh Market, Shutterfly, UFC, Wiley, McGraw-Hill, Tractor Supply Company, Bloomin' Brands, Nestle, Bath & Body Works, Michaels, Hasbro, Prudential, UiPath, Columbia, and many others across multiple industries such as retail, healthcare, consumer brands, and financial services.
How Was OneMarket Started?
OneMarket is a product of LogicSource, a privately held company headquartered in Westport, CT. The founding and leadership team brings deep expertise in procurement, finance, technology, and client services. Key executives include David Pennino (President & CEO), Niki Heim (CFO), Jo Seed (COO), Michael Braunschweiger (Chief Client Value Officer), Jessica Buchok (General Counsel), and Kurt Kostur (Chief Client Officer), among others. Their combined experience ensures that OneMarket is built with a strong understanding of procurement challenges and best practices. More about the leadership can be found on their About page.
What Industry Does OneMarket Serve?
Operating within the software development sector, OneMarket is focused on delivering procurement technology and services to mid-size and large enterprises seeking to enhance operational procurement, compliance, analytics, and contract management capabilities.
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