Each year, over 340,000 buyers and suppliers use Ariba® Network
to connect and transact more than $160 billion in business. And now
they can do it faster and better than ever. Ariba, Inc. (Nasdaq:
ARBA), the leading provider of collaborative business commerce
solutions, today announced the availability of Ariba Network (AN)
49, the latest version of its industry-leading business-to-business
commerce platform. Embedded with powerful new features designed to
automate the trading partner enablement process, the release allows
buyers and suppliers to quickly connect, more effectively
collaborate and ultimately, enhance their relationships and the
results that they deliver.
“Finding the right trading partners can be hard. Connecting with
them can be even harder,” said Jason Kurtz, Vice President, Network
and Financial Solutions, Ariba. “AN49 simplifies these tasks by
providing companies with a robust set of tools they can use to
discover and connect with global suppliers and key business
partners in a truly collaborative manner.”
Collaboration: The New Strategic Capability
Companies used to focus exclusively on internal activities and
trust that their business would run itself. But those days are long
gone. In today’s global economy, it’s all about being connected,
efficient and informed across enterprises.
Connected to commerce networks that facilitate collaboration and
alignment around key business processes. Efficient by automating
key commerce activities to drive greater efficiency and
productivity. Informed by participating in communities that deliver
market insights and best practices to fuel optimal performance and
decisions. With AN49, companies can achieve all three.
Connected
Leveraging enhanced enablement tools embedded within the
release, buying organizations can connect suppliers to the Ariba
Network in a matter of minutes and achieve quicker value with
suppliers who are already enabled. And selling organizations can
expand enablement to new trading relationships and increase
satisfaction with existing customers.
“In today’s uncertain economy, our business needs can quickly
change and it is critical that we have tools and processes in place
to respond to them,” said Chris Uriarte, Sourcing Manager, Stage
Stores. “The Ariba Network is a unique platform through which we
can connect to the right partners in the right places at the right
time to achieve our goals, and we currently use it to manage the
majority of our sourcing. Having so many qualified vendors at our
fingertips has proven invaluable to our business, driving lower
costs and operating efficiencies that have positively impacted our
bottom line.”
Efficient
With AN49, trading partner enablement is completely automated.
So buyers and sellers can eliminate manual tracking tools such as
spreadsheets or offline databases and the costs and inefficiencies
associated with them. And they can collaborate more efficiently to
reduce the cost of invoice and payment processing, increase
visibility and control of cash flow, mitigate supply-chain risk and
manage cash better.
Informed
In the connected economy, it’s not about the information within
an organization, but the intelligence generated through networks.
With AN49, there is a direct link from the Ariba Network to Ariba
Exchange, an online community of peers and thought leaders where
buyers and sellers can gather to share insights and best practices.
In addition, new information portals enable buyers to capture
supplier questions at registration and post answers in the form of
additional content and reference files that can be accessed by the
entire supply base.
“Ariba has helped us to transform our business,” said Kevin
Govin, CEO, MarkMaster. “Through the Ariba Network, we have created
a robust online sales channel that has allowed us to expand our
base of new customers by 65 percent and grow our overall business
20 percent year-over-year.”
Get on Board
More than 400 of the companies in the Fortune 500 use the Ariba
Network. Over 325,000 selling organizations in 130 countries use it
too. Each year, these buyers and sellers transact more than $160
billion in business. They process 20 million in purchase orders and
13 million in invoices. And they send and receive access to 5
million new leads. Want a piece of the action? Visit
www.ariba.com/go/network today and get on board.
About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business
commerce solutions. Ariba combines industry-leading technology with
the world's largest web-based trading community to help companies
discover, connect and collaborate with a global network of partners
– all in a cloud-based environment. Using the Ariba® Commerce
Cloud, businesses of all sizes can buy, sell and manage cash more
efficiently and effectively. Over 340,000 companies around the
globe use the Ariba Commerce Cloud to simplify inter-enterprise
commerce and enhance results. Why not join them? To get on the path
to Better Commerce visit: www.ariba.com/commercecloud/
Copyright © 1996 – 2011 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, 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, including risks and uncertainties arising from the
possibility that a closing may be delayed or may not occur and
difficulties with the integration process or the realization of
benefits of a transaction; the impact of our disposition, including
the potential disruption of our ongoing business; 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 and
dispositions, 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-K filed with the SEC on November 23,
2010.
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