Sometimes, it’s not what you know, but who you know and what
they know that can make all the difference. In an effort to link
those responsible for what remains a key business priority and
challenge, Ariba, Inc. (Nasdaq: ARBA) today launched Ariba Exchange
(http://exchange.ariba.com), the first online community for spend
management. Built using state-of-the-art technology, Ariba Exchange
is a unique forum through which executives and professionals
charged with managing costs and risk can connect to share insights
and learn about solutions and best-practice processes that can help
them achieve their goals.
“When it comes to managing spend, time is money,” said Tim
Minahan, Chief Marketing Officer, Ariba. “Today’s spend management
professionals need real-time access to people who understand the
challenges they face and information on solutions and processes
they can implement to overcome them. This is exactly what Ariba
Exchange provides.”
Designed to facilitate meaningful interaction among spend
management practitioners, industry analysts, category specialists
and others dedicated to reducing costs and risk to improve profits
and competitive advantage, Ariba Exchange is an open forum through
which users can engage in lively discussions and access articles,
whitepapers, videos and other leading-edge information focused on
their specific needs.
While many networks provide for broad discussions of business
topics such as procurement and sourcing, Ariba Exchange enables
spend management professionals to engage in targeted conversations
with others who share their goals and understand the challenges
they face through targeted sub-communities focused on specific
spend categories and spend management solutions.
“If you’re a metals buyer, you don’t want to have to search
through multiple categories to find the information you need to
solve your problems,” said Justin Fogarty, online community
manager, Ariba. “You want a place to go where you can quickly and
easily find what you need and connect with others who are either in
or have been in your shoes.”
Among the communities within the Ariba Exchange today:
Spend Analysis
Sourcing
Contract Management
Supplier Management
Procurement
Finance & Accounting
Supplier & Network
“Social networks are fast becoming a critical business tool that
professionals of all stripes are leveraging to deliver on their
objectives,” Minahan said. “By joining Ariba Exchange, those
charged with driving spend management can make real-time
connections online that enable them to drive real-world
results.”
Thousands of executives and professionals are already engaged on
Ariba Exchange. Join them today at http://exchange.ariba.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 – 2010 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-K filed with the SEC on November 25, 2009.
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