It doesn’t take expensive software, an army of consultants or
lengthy implementations to improve business processes. And
world-class performance isn’t the exclusive domain of large
enterprises. At least not with Ariba, Inc. (Nasdaq: ARBA), the
leading provider of collaborative business commerce solutions. The
company today broadly launched a set of solutions that enable small
and medium businesses to quickly rein in costs, minimize risk and
improve profits.
“As uncertainty in global financial and supply markets persists,
companies of all sizes must carefully manage their costs and risk
to drive opportunities and growth,” said Steve Markle, Senior
Director, Solutions Management, Ariba. “Typically, only the largest
of companies have been able to afford solutions to help them do
this. But with Ariba, even the smallest organizations can access
industry-leading offerings that allow them to streamline and
enhance key business processes and the results that they
deliver.”
Enterprise-Class Software Delivered in the Cloud
With the simple click of a button, mid-market companies can
purchase Ariba® StartSourcing™ (www.ariba.com/startsourcing)and
Ariba® StartContracts™ (www.ariba.com/startcontracts) for as little
as $199 a month. Delivered on-demand through the Ariba Commerce
Cloud, the offerings can be deployed in days and are uniquely
designed for small and medium enterprises. Using the solutions,
companies may:
- More efficiently manage spend
and trading relationships
- Lower costs and improve
profits
- Improve visibility and minimize
risk
- Drive compliance and
revenue
Ariba StartSourcing
Ariba StartSourcing provides mid-market companies with
technology they can use to structure and execute sourcing events
that increase savings, shore up supply, and improve performance,
including tools for:
- RFX creation and management
- Auctions, competitive bidding
and timing
- Communications and
messaging
- Sourcing reporting
- Global and multi-lingual
capabilities
- Web-based buyer and supplier
training and online tutorials
"In today's business environment, collaboration is more critical
than ever," said Steve Hunt, Chief Executive East North East Homes
Leeds. "Ariba StartSourcing provides us with powerful tools we can
use to negotiate agreements that allow us to maintain a competitive
cost structure while ensuring the success of our trading partners
so that we can continue to deliver quality services."
Ariba StartSourcing also provides integrated access to Ariba
Discovery, the industry’s largest online marketplace for accessing
profile, performance, and other qualification information on more
than 300,000 suppliers, making it easier than ever to connect and
do business with the right partners around the world.
“Ariba has knocked down the four walls and enabled us to access
a marketplace that had been difficult for us to get into in the
past,” said Ahmet Hepdogan, Vice President of Sourcing, Fresh Start
Bakeries North America. “With Ariba StartSourcing, we can find and
do business with reliable trading partners in a completely
transparent manner and generate savings and efficiencies that
positively impact our operations and bottom line.”
With Ariba StartSourcing, companies may:
- Realize savings of more than 13
percent
- Discover new, qualified
suppliers to improve bid competitiveness
- Reduce sourcing cycle times by
50 percent and administrative costs by 15 percent
Ariba StartContracts
Effective contract management is a critical lever that companies
can pull to quickly find contract information, optimize profits and
identify risks and opportunities. But it’s easier said than done.
Many organizations lack a central repository for storing contracts.
So agreements are often hard to find, making it difficult if not
impossible to assure compliance.
Ariba StartContracts provides small and medium organizations
with the technology and processes needed to automate and enhance
their contract management functions. With Ariba StartContracts,
legal, sales, and procurement professionals may:
- Create a central, online
contract repository for storing all critical agreements
- Begin managing contracts in as
little as one to two days
- Manage contracts across the
organization using robust free-text search and reporting
capabilities
- Report on contracts across the
organization
- Receive notifications about
expiring contracts and other key milestones
- Benefit from global and
multi-currency/multi-lingual support
“Effectively automating the contract management process can
generate significant efficiencies that improve overall business
performance,” said Andrew Bartolini, managing partner and chief
research officer at Ardent Partners. “With the right solution and
approach, companies can improve contract renewals, lower the costs
associated with managing agreements, bring additional spend into
compliance and potentially increase revenue.”
With Ariba StartContracts, companies may:
- Improve contract renewal rates
by 25 percent
- Reduce administrative costs of
managing contracts by more than 30 percent
- Bring more than 50 percent of
additional spend into compliance
Availability
Ariba StartSourcing and StartContracts are available and in use
today. To learn more about the offerings and they value they can
deliver for your organization, or to purchase, visit:
http://www.ariba.com/solutions/startsolutions.cfm
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, AribaLIVE, SupplyWatch, Ariba.com,
Ariba.com Network, Ariba Spend Management. Find it. Get it. Keep
it. and PO-Flip are registered trademarks of Ariba, Inc. Ariba
Procure-to-Pay, Ariba Buyer, Ariba eForms, Ariba PunchOut, Ariba
Services Procurement, Ariba Travel and Expense, Ariba
Procure-to-Order, Ariba Procurement Content, Ariba Sourcing, Ariba
Savings and Pipeline Tracking, Ariba Category Management, Ariba
Category Playbooks, Ariba StartSourcing, Ariba Spend Visibility,
Ariba Analysis, Ariba Data Enrichment, Ariba Contract Management,
Ariba Contract Compliance, Ariba Electronic Signatures, Ariba
StartContracts, Ariba Invoice Management, Ariba Payment Management,
Ariba Working Capital Management, Ariba Settlement, Ariba Supplier
Information and Performance Management, Ariba Supplier Information
Management, Ariba Discovery, Ariba Invoice Automation, Ariba PO
Automation, Ariba Express Content, Ariba Ready, and Ariba LIVE 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 impact of any
acquisitions or dispositions; 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 5, 2010.
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