Ariba, Inc. (Nasdaq:ARBA), the leading spend management
solutions provider, today announced that Australia’s two leading
entertainment venues – Crown Melbourne and Burswood Perth – are
leveraging its SaaS offerings to lower their costs, minimize risk
and optimize cash flow and operations. As part of an initiative to
streamline corporate spending, Crown has implemented Ariba®
Sourcing™ On Demand and Ariba Contract Management™.
“The sophisticated software and global expertise that Ariba
provides are allowing Crown to overhaul its corporate spending
strategies,” said Justine Henwood, Chief Financial Officer, Crown
Melbourne. “We are using technology which is powerful and easy to
use, flexible and easy to grasp to automate formerly paper-based
internal processes, which allows us to be more tactical rather than
transactionally focused. And we are already seeing results. The
project has quickly identified sourcing savings and will deliver an
ROI in the hundreds of percent.”
The project’s preliminary phase involved Ariba working closely
with Crown to identify cost saving opportunities and to agree on
savings targets.
“Ariba’s expertise in market prices for goods and services, and
its analysis of our current spending, has allowed us to identify
savings among our many categories of spend, from cleaning and
maintenance services to food and beverage providers,” Henwood
said.
Crown is also leveraging Ariba’s best-in-class technology to
consolidate its contract management activities.
“Centralization of our contracts is crucial to reducing
duplication across our business units, achieving greater cost
efficiencies, greater transparency and speeding up the time it
takes to procure and implement contracts,” Henwood said. “Ariba’s
technology has allowed us to create and maintain a centralized
contracts repository with rich search capabilities that we can
leverage to achieve these goals.”
Because Ariba’s solutions are delivered on demand, Crown doesn’t
concern itself with any infrastructure and the software can be used
at multiple locations – critical given that it operates on both
sides of the country and for employees working offsite. “It’s a
significant cost saving to owning and maintaining the software
ourselves,” Henwood said.
“Given the current economic climate, it is imperative for
businesses of all sizes to follow Crown’s lead and examine their
corporate spending strategies,” said James McParlane, General
Manager, Ariba Australia and New Zealand. “The corporate dollar has
to stretch a lot further than it used to, and taking a holistic
look at a company’s spend is the smart way to reducing behind the
scenes business costs.”
94 of the Fortune 100 and more than 200,000 other companies use
Ariba’s SaaS solutions to manage their spend and commerce
activities. To learn more about these offerings and the benefits
they can deliver, visit www.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,
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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 5, 2010.
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