With the merger of the State Rail Authority and the Rail
Infrastructure Corporation, Rail Corporation New South Wales
(RailCorp) knew it had to make some changes in the way it did
business. The agency set about transforming its procurement
capabilities, introducing new procure-to-pay (P2P) processes, a new
procurement organizational structure and operating model, and new
procurement technology from Ariba, Inc. (Nasdaq:ARBA), the leading
spend management solutions provider. In conjunction with its
implementation partner, RailCorp has deployed Ariba’s offerings to
power a full-scale procurement transformation initiative designed
to increase the transparency of its processes, increase compliance
and deliver savings and efficiencies that positively impact the
organization and its bottom line.
RailCorp has implemented the full suite of Ariba’s solutions,
including offerings for spend analysis, sourcing and contract
management, purchasing, invoice and payment and supplier
management. Using the offerings, RailCorp has created a standard
process for purchasing across the entire enterprise and new
frameworks for managing contracts, suppliers and risk complete with
standard reporting and control measures.
Ariba’s sourcing solutions are currently being used to drive
more than 300 sourcing projects worth over $900 million at
RailCorp. And they’re delivering results. The group conducted one
of the first and largest online reverse auctions in the history of
New South Wales government, worth over $60 million with exceptional
results in terms of savings and speed to contract award. And it has
saved the company millions of dollars on contract labor alone.
The team now has its sights set on driving additional savings
through process efficiencies and is implementing Ariba’s Invoice
and Payment offerings to streamline and enhance its accounts
payable function.
“Many companies struggle to establish transparent procurement
processes and drive compliance with them,” said James McParlane,
General Manager, Ariba New Zealand. “By leveraging technology-based
solutions to drive best practice processes, RailCorp has
successfully overcome this challenge and transformed procurement
into a strategic function that is creating value across its
operations.”
Ariba’s solutions are currently used by 94 of the Fortune 100
and more than 200,000 other companies to control costs, minimize
risk, improve profits and optimize cash flow and operations. To
learn more about Ariba’s solutions and the results they can deliver
for your organization, visit www.ariba.com.
About RailCorp
Rail Corporation New South Wales (RailCorp) aims to deliver
safe, clean and reliable passenger services. RailCorp provides
metropolitan passenger rail services via CityRail and long distance
services via CountryLink. RailCorp is responsible for the safe
operation, crewing and maintenance of passenger trains and
stations. We also own and maintain the metropolitan rail network
and provide access to freight operators in the metropolitan area.
For more information, please visit www.railcorp.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-Q filed with the SEC on February 5, 2010.
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