Thanks to Enterprise Resource Planning (ERP) systems, most
companies have a good handle on their financial data. They can
close their books each month, generate financial reports and comply
with regulatory requirements. But collaboration is the new
corporate competency. And when it comes to connecting with external
trading partners, many organizations still struggle because their
ERP systems stop at the end of the enterprise. To help remedy this
situation, Ariba, Inc., (NASDAQ: ARBA), the leading provider of
collaborative business commerce solutions, today announced the
launch of Ariba® Collaborative Commerce for use with SAP® ERP, an
on-demand solution that enables companies using SAP ERP to reach
beyond the four walls and connect with external trading partners to
fuel better commerce.
“The ERP system is traditionally set up to handle processes from
an internal standpoint,” said Mickey North Rizza, research director
at Gartner in the recently published CIO Market Pulse survey,
"Cloud-Based Business Commerce Solutions." “Cloud apps allow you to
take a piece of information you need to use with your partners out
into the world where you both can see it.”
Connect to more suppliers
Most companies running SAP ERP have automated a portion of their
suppliers and commerce transactions. But many want to significantly
scale. With Ariba Collaborative Commerce for use with SAP ERP, they
can – without making any changes to their current infrastructure.
Designed to enhance – not replace existing investments, Ariba
Collaborative Commerce for use with SAP ERP provides an effective
way to maximize the value of ERP by enabling companies to connect
to the Ariba Network - an intelligent community through which they
can quickly enable thousands of suppliers and more efficiently
manage transactions with them regardless of the backend systems
they are using.
Manage more spend
Many SAP shops have taken steps to automate procurement as well.
But research shows that less than 20 percent of spend is actually
managed through ERP systems. With Ariba Collaborative Commerce for
use with SAP ERP, companies can extend their spend coverage and
rapidly increase the value of their SAP system by:
- Expanding easily maintainable catalogs
to thousands of suppliers to generate substantial cost savings
- Improving visibility and collaboration
across all spend, including direct, indirect, services, complex
spend and MRO
- Enhancing organization-wide compliance
across suppliers, terms and prices
- Consistently managing spend across
categories
Automate more financials
Thanks to ERP, accounts payable is a much more efficient
function. But within many organizations, invoice processing still
takes too long. Matching invoices to POs and contracts remains
inefficient. Exceptions are the rule. And opportunities for
discounts are often lost. Ariba Collaborative Commerce for use with
SAP ERP helps to change all this, enabling companies with SAP ERP
in place to:
- Validate and process a clean invoice in
days instead of weeks or months
- Drive 98 percent touchless processing
and cost savings of up to 70 percent
- Boost compliance with efficient
PO-invoice matching
- Minimize invoice exceptions
- Proactively capture early payment
discounts and new, dynamic discounts
- Improve productivity
“Over the last two decades, ERP applications have driven
dramatic improvements in internal information flows. But as the
enterprise becomes increasingly networked, companies must extend
these applications to improve external process efficiencies and
collaboration as well,” said Tim Minahan, Chief Marketing Officer,
Ariba. “Ariba Collaborative Commerce for use with SAP ERP is
specifically designed to facilitate this. Leveraging a
network-centric model to connect partners, processes and spend
across multiple systems, the offering allows companies to
effectively streamline financials, increase visibility and
collaboration across the supply chain and improve the efficiency of
their trading relationships – all within their current IT
environment.”
Availability
Ariba Collaborative Commerce for use with SAP ERP is available
today. To learn more about the offering and how it can help you
extend the value of your investments, visit:
www.ariba.com/solutions/SAP
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 500,000 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.
SAP is the trademark or registered trademark of SAP AG in
Germany and in several other countries. 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 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;
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-Q filed with the SEC on May 5, 2011.
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