Ariba, Inc. (NASDAQ:ARBA), the leading spend management
solutions provider, today announced that Vivo Consulting Group, a
leader in bringing support to the buying process through online
tools and services, is leveraging its offerings to drive additional
value for its customers. Under the terms of a newly-signed
agreement, Vivo has deployed Ariba� Sourcing� On-Demand to enhance
the efficiency of the procurement process and generate bottom-line
savings for companies throughout Latin America. Vivo has also
entered into a separate agreement to becoming an authorized
reseller and solution provider for Ariba�s solutions across the
region.
�At Vivo, we are focused on providing advanced solutions that
enable companies to optimize each phase of the purchasing process,�
said Daniel Hodgsdon, Managing Director, Vivo. �Ariba provides us
with industry-leading technology that we can use to increase the
efficiency of the sourcing process and drive fast, measurable
savings that positively impact our customers� bottom lines.�
A robust and flexible offering, Ariba Sourcing On-Demand
combines the technology, expertise and services needed to create
effective markets for a wide range of direct materials and indirect
goods and services with best practice processes that companies can
implement to improve the efficiency and effectiveness of their
procurement operations and create value across their entire
organization. Delivered as a hosted solution, Ariba Sourcing
On-Demand requires no investments in special hardware and can be
quickly and cost-effectively implemented across locations and
geographies.
�We recently purchased Ariba Sourcing through Vivo and were able
to generate savings of 22 percent on our historic costs for the
construction of new bank facilities,� said Ricardo Fernandez, Chief
Operations Director, Banco Industrial. �In today�s economic
environment, access to tools that enable us to lower our costs and
improve our operating efficiencies is absolutely critical and with
Ariba, we have this.�
Banco Industrial joins more than 1,000 companies around the
world who are using Ariba's solutions to reduce costs and risks and
improve profits and competitive advantage, including more than half
of the Fortune 500.
�As the global financial crisis continues, companies must find
innovative ways to manage both the costs and their cash,� said
Susan England, Vice President, Channel Sales, Ariba. �Spend
management is among the fastest, most efficient ways to do this,
and we are pleased that Vivo is leveraging our offerings to help
companies across Latin America realize the benefits that it can
provide.�
For more information on Ariba�s on-demand spend management
solutions and the value they deliver, visit www.ariba.com
About Vivo Consulting
Vivo Consulting is a business leader in bringing support to the
buying process through online tools (eSourcing) for Medium and Big
Companies of the Latin American region. For more information, visit
www.vivoconsulting.com
About Ariba, Inc.
Ariba, Inc. is the leading provider of on-demand spend
management solutions. Our mission is to transform the way companies
of all sizes, across all industries, and geographies operate by
delivering software, service, and network solutions that enable
them to holistically source, contract, procure, pay, manage, and
analyze their spend and supplier relationships. Delivered on
demand, our enterprise-class offerings empower companies to achieve
greater control of their spend and drive continuous improvements in
financial and supply chain performance. More than 1,000 companies,
including more than half of the companies on the Fortune 500, use
Ariba solutions to manage their spend from sourcing and orders
through invoicing and payment. For more information, visit
www.ariba.com
Copyright � 1996 � 2009 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, SupplyWatch, Ariba.com,
Ariba.com Network and Ariba Spend Management. Find it. Get it. Keep
it. are registered trademarks of Ariba, Inc. Ariba Spend
Management, Ariba. This is Spend Management, Ariba Solutions
Delivery, Ariba Analysis, Ariba Buyer, Ariba Category Management,
Ariba Category Procurement, Ariba Contract Compliance, Ariba
Contracts, Ariba Contract Management, Ariba Contract Workbench,
Ariba Data Enrichment, Ariba eForms, Ariba Invoice, Ariba Payment,
Ariba Sourcing, Ariba Spend Visibility, Ariba Travel and Expense,
Ariba Procure-to-Pay, Ariba Workforce, Ariba Supplier Network,
Ariba Supplier Connectivity, Ariba Supplier Performance Management,
Ariba Content Procurement, Ariba PunchOut, Ariba QuickSource,
PO-Flip, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba
Supply Lines, Ariba Supply Manager, Ariba LIVE, It�s Time for Spend
Management and Supplier Lifecycle Management 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 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 February 6, 2009.
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