Ariba, Inc. (Nasdaq: ARBA), the leading spend management
solutions provider, today announced that it has signed a new
agreement with Atlas Air Worldwide Holdings, Inc. (AAWW) (Nasdaq:
AAWW), a leading provider of global air cargo assets and services.
Under the terms of the agreement, Atlas Air will leverage Ariba’s
SaaS offerings to drive savings across its operations and ensure
that they make their way to the bottom line.
“At Atlas Air, we are committed to delivering game-changing
solutions that enable our customers to drive business growth, and
in order to do this, we must diligently manage our costs and
operate at the highest levels of efficiency,” said Larry Gibbons,
Vice President, Procurement, Atlas Air. “Ariba’s SaaS solutions
provide us with flexible technology and best-practice processes
that we can use to negotiate best-value contracts. But perhaps more
important, they enable us to drive compliance with these agreements
across our operations to ensure that the value we negotiate
actually materializes.”
As part of its Continuous Improvement initiatives, Atlas Air
will implement Ariba® Sourcing On-Demand™, Ariba Contract
Management On Demand™ and Ariba Procure-to-Pay™.
A unique combination of technology, expertise and best-practice
processes, Ariba Sourcing On-Demand is a web-based solution that
enables companies to improve the efficiency and effectiveness of
their procurement operations and create value across their entire
organization without investing in hardware or managing
software.
With robust buy and sell-side capabilities, Ariba Contract
Management On Demand enables companies to collaboratively create
and manage contracts across categories and functions, including
sales, finance, marketing, real estate, legal, procurement and IT.
Using Ariba Contract Management, organizations can move beyond
basic authoring and document archiving to manage terms and risks
and drive compliance with agreements on an enterprise-wide
basis.
The heart of Ariba’s Procurement solution, Ariba Procure-To-Pay
combines the functionality of Ariba Buyer™, Ariba Invoice™, Ariba
Settlement™ and Ariba Analysis™ in a single, integrated solution to
help companies automate, improve, control and monitor procurement
to realize immediate process efficiencies and cost savings.
“In order to keep pace in today’s volatile and fiercely
competitive market for global cargo services, Atlas Air must
operate more efficiently and cost effectively than ever before,”
said Daryl Rolley, Senior Vice President and Managing Director,
North America and Asia Pacific Operations, Ariba. “In implementing
Ariba’s SaaS solutions, Atlas Air can enable this agility by
dialing up the technology, expertise and services it needs as it
needs them to control its costs, minimize risk, improve profits and
optimize cash flow and operations.”
About Atlas Air Worldwide Holdings, Inc.
Atlas Air Worldwide Holdings, Inc. (AAWW) is the parent company
of Atlas Air, Inc. (Atlas) and Titan Aviation Leasing Limited
(Titan), and is the majority shareholder of Polar Air Cargo
Worldwide, Inc. (Polar). Through Atlas and Polar, AAWW operates the
world’s largest fleet of Boeing 747 freighter aircraft.
Atlas, Titan and Polar offer a range of air cargo services that
include ACMI aircraft leasing – in which customers receive a
dedicated aircraft, crew, maintenance and insurance on a long-term
lease basis – express network and scheduled air cargo service,
military charters, commercial cargo charters, and dry leasing of
aircraft and engines.
AAWW’s press releases, SEC filings and other information may be
accessed through the Company’s home page, www.atlasair.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 technology, 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 100, 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 August 7, 2009.
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