About Supplierbank
Supplierbank is an effective networking tool in helping Public Sector buying organisations understand their purchasing and procurement base, meet reporting requirements and allow them to effectively communicate with its supplier community. Supplierbank opens up digital lines of communications for suppliers to the buying organisations they trade with. Creating a profile is free to all suppliers.
Most Public Sector organisations do not have enough information to meet the requirements of electronic purchasing and payments systems (e-procurement). Nearly all e-procurement systems require at least a supplier's email address to receive purchase orders. Any information about suppliers is usually known only to the departments that order direct and not by the Procurement and Finance departments that manage suppliers data.
Supplierbank links buyers and suppliers together, opens lines of communication and provides a low cost but effective solution to supplier enablement and supplier adoption and adds value to organisations wanting to understand their supplier base or implementing an electronic purchasing or procurement project. Reports are built to match upload files or either your ERP or E-Marketplace.
What does a buying organisation find out by using supplierbank? Company details including email address for receiving purchase orders, the type of organisation (SME, etc), and the diversity of organisations as well as the types of goods and services they provide.
By using supplierbank Public sector buying organisations can determine if they meet targets in working with small medium enterprises, collaborate with minority organisations and in the case of local authorities trade with its local community