Ariba, Inc. (Nasdaq: ARBA), the leading provider of
collaborative business commerce solutions, today announced that it
has signed an agreement with Lantmännen, a leading Nordic food,
farming and energy group. Under the terms of the deal, Lantmännen
will leverage the Ariba® Commerce Cloud to drive a more efficient
procure-to-order process and better manage supplier relationships
on an enterprise-wide basis.
“With operations and suppliers spread across the EMEA region, it
is imperative that we have a solution through which we can
centrally manage our procurement process,” said Per Hill CPO,
Lantmännen. “The Ariba Commerce Cloud provides us with easy access
to tools we can use to manage orders and relationships with key
trading partners more efficiently and effectively than ever
before.”
A web-based platform for buying, selling and managing cash, the
Ariba Commerce Cloud provides companies with everything needed to
fuel collaborative inter-enterprise commerce, including
market-leading technology, expert skills and capabilities and the
world’s largest global trading community.
Within the cloud, Lantmännen will leverage Ariba
Procure-to-Order™. Part of Ariba’s market-leading Procure-to-Pay™
solution, Ariba Procure-to-Order enables companies to
fully-automate the order management process and seamlessly connect
to ERP systems for receiving and invoice reconciliation.
“With Ariba Procure-to-Order, we can link all our users and data
through one flexible interface and gain the visibility we need to
make optimal business decisions,” Hill added.
Lantmännen can also tap the Ariba Network to better manage its
trading relationships. “With a growing number of suppliers across
EMEA, we need a cost-effective way to onboard and manage them
regardless of their size or location,” Hill said.
With more than 300,000 global businesses, The Ariba Network is
the world’s largest Web-based trading community and the most
effective way for buyers and sellers to discover, connect and
collaborate for better commerce.
“Lantmännen has always recognized that the key to success lies
in innovation,” said Henrik Smedberg, Ariba Nordics. “In moving
procurement to the Ariba Commerce Cloud, the company is again at
the forefront, tapping a new breed of solutions through which it
can drive more efficient commerce and greater results.”
About Lantmännen
Lantmännen is one of the largest food, energy and agriculture
groups in the Nordic region. The group is owned by 37,000 Swedish
farmers, employs 10,500 staff, has operations in 18 countries and a
turnover of 35,1 BSEK.
About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business
commerce solutions. Ariba combines industry-leading software as a
service (SaaS) technology to optimize the complete commerce
lifecycle with the world's largest web-based community to discover,
connect and collaborate with a global network of trading partners
and expert capabilities to augment internal resources and skills,
delivering everything needed to control costs, minimize risk,
improve profits and enhance cash flow and operations – all in a
cloud-based environment. Whether you’re buying, selling or managing
cash, you can do it more efficiently and effectively in the Ariba®
Commerce Cloud. Over 300,000 companies, including more than 80
percent of the Fortune 500, use Ariba’s solutions to drive more
efficient inter-enterprise commerce. Why not join them? For more
information on Ariba commerce solutions and the results they
deliver, visit www.ariba.com
Copyright © 1996 – 2010 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, SupplyWatch, Ariba.com,
Ariba.com Network, Ariba Spend Management. Find it. Get it. Keep
it. and PO-Flip are registered trademarks of Ariba, Inc. Ariba
Procure-to-Pay, Ariba Buyer, Ariba eForms, Ariba PunchOut, Ariba
Services Procurement, Ariba Travel and Expense, Ariba
Procure-to-Order, Ariba Procurement Content, Ariba Sourcing, Ariba
Savings and Pipeline Tracking, Ariba Category Management, Ariba
Category Playbooks, Ariba StartSourcing, Ariba Spend Visibility,
Ariba Analysis, Ariba Data Enrichment, Ariba Contract Management,
Ariba Contract Compliance, Ariba Electronic Signatures, Ariba
StartContracts, Ariba Invoice Management, Ariba Payment Management,
Ariba Working Capital Management, Ariba Settlement, Ariba Supplier
Information and Performance Management, Ariba Supplier Information
Management, Ariba Discovery, Ariba Invoice Automation, Ariba PO
Automation, Ariba Express Content, Ariba Ready, and Ariba LIVE are
trademarks or service marks of Ariba, Inc. All other brand or
product names may be trademarks or registered trademarks of their
respective companies or organizations in the United States and/or
other countries.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation
Reform Act 1995: Information and announcements in this release
involve Ariba's expectations, beliefs, hopes, plans, intentions or
strategies regarding the future and are forward-looking statements
that involve risks and uncertainties. All forward-looking
statements included in this release are based upon information
available to Ariba as of the date of the release, and we assume no
obligation to update any such forward-looking statements. These
statements are not guarantees of future performance and actual
results could differ materially from our current expectations.
Factors that could cause or contribute to Ariba's operating and
financial results to differ materially from current expectations
include, but are not limited to: the impact of the credit crises on
Ariba’s results of operations and financial condition; delays in
development or shipment of new versions of Ariba's products and
services; lack of market acceptance of Ariba's existing or future
products or services; inability to continue to develop competitive
new products and services on a timely basis; introduction of new
products or services by major competitors; the impact of any
acquisitions or dispositions; the ability to attract and retain
qualified employees; difficulties in assimilating acquired
companies, long and unpredictable sales cycles and the deferrals of
anticipated orders; declining economic conditions, including the
impact of a recession; inability to control costs; changes in the
company's pricing or compensation policies; significant
fluctuations in our stock price; the outcome of and costs
associated with pending or potential future regulatory or legal
proceedings; the impact of our acquisitions, including the
disruption or loss of customer, business partner, supplier or
employee relationships; and the level of costs and expenses
incurred by Ariba as a result of such transactions. Factors and
risks associated with its business, including a number of the
factors and risks described above, are discussed in Ariba's Form
10-Q filed with the SEC on August 5, 2010.
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