Supplier Benefits of Parabilis

To maximise the use of preferred suppliers, the sector has identified a need to develop an e-marketplace that will provide online access to these suppliers as well as enable an automated procedure to pay process that includes order and invoice transmission.

The Parabilis e-marketplace is a hosted solution able to work in tandem with current sales ordering systems and is only available to preferred suppliers within the Higher Education sector - an obvious benefit to any supplier who has been requested to trade in this way. Parabilis includes the following supply side functionality:

• Single point of access for all your HE customers and HE prospects for your framework contracts,
• Catalogue management functionality,
• Order delivery by fax, e-mail, sms text or directly into your back office systems,
• Invoice delivery to your customer base, and;
• Single connection to Parabilis enables order and invoice transmission to all your HE customers on Parabilis and other EGS exchanges.

Parabilis will also provide:

• Potential growth in HE revenue through greater enforcement and greater visibility of preferred suppliers,
• Reduced rate of returns and credit notes through provision of quality catalogue data that reflects the contract,
• Reduced order processing times through integration into sales ordering systems,
• Reduced invoicing costs through e-invoicing, and;
• Significant economies of scale for those suppliers trading with multiple buyers within Parabilis or other EGS e-marketplaces.