Managing global commerce is hard. But it just got a lot easier.
Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative
business commerce solutions, today announced the launch of the
Ariba® Commerce Cloud, a unique web-based platform that enables
companies to buy, sell and manage cash more efficiently and
effectively than ever before. Delivered as an integrated and
flexible service, the Ariba Commerce Cloud provides companies with
everything needed to manage collaborative inter-enterprise
commerce, including market-leading technology, expert skills and
capabilities and the world’s largest global trading community.
“The first wave of enterprise efficiency focused on automating
and streamlining internal operations,” said Bob Calderoni, Chairman
and CEO, Ariba. “Yet, companies still rely on costly, manual, and
inefficient processes for managing external commercial
relationships. The next wave of productivity will come from more
efficient and effective collaboration between companies. The Ariba
Commerce Cloud provides the technology, community, and capabilities
required for better collaborative buying, selling, and financial
management.”
Inefficient CommerceBusinesses have spent billions
streamlining and automating their internal operations. Yet commerce
collaboration between companies remains fundamentally inefficient –
hampered by paper-based processes and outmoded operating
infrastructures.
According to industry analysts, more than 80 percent of
business-to-business commerce transactions are completed manually.
And companies still send 85 percent of invoices and payments on
paper. By some estimates, this inefficiency costs industry $650
billion annually.
A Better WayBut it doesn’t have to. There is a way to
drive better commerce. The Ariba Commerce Cloud is the
most-efficient, effective, and universally adopted platform for
global commerce between businesses and contains everything that’s
needed to drive it, including:
- Market-leading applications for
Spend Management, Collaborative Finance Management, and Sales
Generation Management - all delivered as scalable, cost-effective
and burden-free cloud-based services
- The Ariba Network, the world’s
largest Web-based trading community, empowering more than 300,000
global businesses to discover, connect, and collaborate for better
commerce
- Ariba Exchange, the
industry-leading customer community where companies can network,
share best practices, and collaborate with partners and peers
- Market, category, technical,
strategic and other expert capabilities that can be accessed
on-site or remotely via the Web as needed to support ever-changing
business needs and objectives
Whether looking to control supply chain costs, increase sales,
minimize risk, or enhance cash flow and operations, companies can
do it better in the Ariba Commerce Cloud.
For EveryoneThere’s something for everyone in the Ariba
Commerce Cloud. It helps companies save money on direct and
indirect spend. It accelerates new sales opportunities. It cuts
operating costs by automating and leaning processes like
collaborative procurement, invoicing, payment, and more. And it
provides access to hard-to-get financing at attractive rates. All
without adding infrastructure and head count.
With the Ariba Commerce Cloud, Procurement gains control of
total spend and gets a handle on risks through more collaborative
relationships with suppliers. Finance improves cash flow and
increases productivity through collaborative invoicing, payment,
and working capital management. Sales and Marketing accesses the
largest buying community for greater sales, faster payment, and
lower costs. And IT can say goodbye to the high costs and burdens
of traditional business application and integration management
thanks to cloud-based applications and pre-built integrations to
trading partners.
“Finally, we in procurement can make decisions on how to use
technology to facilitate best practices that match the way our
supply chains actually interact, rather than adjusting our
processes to match inflexible and cumbersome software and IT
policies that don’t coincide with our objectives,” said Kevin
Castle, Director, Global Procurement, Varian Inc. “By lowering the
barrier to entry, I was easily able to prove to my organization
that the investment in Ariba’s solution had an acceptable
risk-to-return ratio. And the speed of success, when compared to
the struggles with ERP deployments, was so compelling that it was
easy to gain additional support for further investments.”
“We were able to build a software catalog for a client who uses
the Ariba Commerce Cloud in less than two weeks,” said Patricia
Spugani, Program Director, Global Web Sales Strategy for ibm.com.
“The process was quick and efficient for both the customer and IBM.
We were able to transact business very quickly, resulting in
increased client satisfaction and a new sales opportunity.”
“The Ariba Commerce Cloud plays a vital role in our aggregation,
segmentation and visibility of data within the indirect purchasing
space, allowing for expeditious market basket strategies and nearly
real-time supplier responses in an economic environment where raw
materials are volatile and strategic sourcing decisions are
critical for the bottom line,” said Michael S. Clem, Director of
Global Purchasing- North America, AGCO Corporation.
“The Ariba Network has proven to be an effective source for new
sales and customer retention within the corporate market. We have
enjoyed a 99 percent retention rate and 30 percent increase in our
e-procurement customer base over the last eight years.” said Chip
Graham, Director of Marketing, EBSCO. “With Ariba, we spend less
time finding business and more time growing it.”
“Ariba has helped us to transform our business,” said Kevin
Govin, CEO, MarkMaster. “Through Ariba, we have created a robust
online sales channel that has allowed us to expand our base of new
customers by 65 percent and grow our overall business 20 percent
year-over-year for the past six years.”
The Ariba Commerce Cloud can extend and improve collaborative
trading relationships regardless of architecture or delivery model
decisions. For example, Ariba On Demand customers benefit by having
all their commerce processes in the cloud. Customers using Ariba On
Premise or third-party applications benefit from more efficient
trading partner enablement and more effective collaboration around
procurement and financial processes. Even companies with no
commerce applications at all can benefit from the Cloud through new
business discovery and better collaboration with customers.
Join the ClubMore than 80 percent of the Fortune 500 rely
on Ariba to drive more efficient, effective and collaborative
commerce. So do 300,000 other companies. Each day, these businesses
use the Ariba Commerce Cloud to:
- Buy and sell more than $450
million worth of goods and services – from raw materials and
assemblies to IT equipment and complex business services
- Conduct more than 100,000
purchase and sales transactions
- Process more than 60,000
invoices and payments
- Manage a host of other commerce
collaborations – from discovering new business opportunities to
negotiating contracts to securing financing
As buyers, businesses using the Ariba Commerce Cloud will save
more than $60 million in supply costs. As sellers, they’ll find new
business and new customers and get paid quicker from existing ones.
And they’ll all save on transaction costs, speed cash flow, and
automate and improve the commerce lifecycle.
Business is better in the Ariba Commerce Cloud. To learn more
about the benefits that it can deliver for your organization,
visit: www.ariba.com/commercecloud
About Ariba, Inc.Ariba, Inc. is the leading provider of
collaborative business commerce solutions. Ariba combines
industry-leading software as a service (SaaS) technology to
optimize the complete commerce lifecycle with the world's largest
web-based community to discover, connect and collaborate with a
global network of trading partners and expert capabilities to
augment internal resources and skills, delivering everything needed
to control costs, minimize risk, improve profits and enhance cash
flow and operations – all in a cloud-based environment. Whether
you’re buying, selling or managing cash, you can do it more
efficiently and effectively in the Ariba® Commerce Cloud. Over
300,000 companies, including more than 80 percent of the Fortune
500, use Ariba’s solutions to drive more efficient inter-enterprise
commerce. Why not join them? For more information on Ariba commerce
solutions and the results they deliver, visit www.ariba.com.
Copyright © 1996 – 2010 Ariba, Inc.Ariba, the Ariba logo, Ariba
LIVE, SupplyWatch, Ariba.com, Ariba.com Network and Ariba Spend
Management. Find it. Get it. Keep it. are registered trademarks of
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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,
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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 HarborSafe 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 May 6, 2010.
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