Universities aim to boost marketplace with Impaq

HEeP, an e-procurement marketplace for the higher education sector, is to offer Impaq's purchase order management system to encourage more university suppliers to trade electronically.

The xDE (extensible document exchange) solution from Impaq, a provider of supply chain, financial and purchasing software, allows suppliers to receive orders and send invoices electronically, and links these processes to their back-office systems.

Buyers shop on suppliers' websites using a virtual "shopping basket" to pick up items.

When an order is placed...

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