Why is personal commerce so easy? Because you don’t have to
think about it. It’s all done for you. You don’t need to struggle
with complicated buying or selling processes. It’s simplified into
a single, intuitive cloud-based experience that can be accessed
from any device, anywhere in the world. Business commerce is about
to become just as simple. With the release of its latest
collaborative commerce platform, Ariba, Inc. (Nasdaq: ARBA), the
world’s business commerce network, will deliver a next-generation
experience that will make buying and selling goods and services in
the business world as efficient and effective as it is in the
consumer realm.
“The rapid convergence of cloud computing, mobility and social
networks have completely changed user expectations and created an
entirely new set of demands for enterprise applications,” said
Bhaskar Himatsingka, Chief Technology Officer, Ariba. “With the
release of our latest collaborative commerce platform, Ariba can
deliver on them.”
In the consumer world, you can access networks, like Amazon.com,
Facebook, and your personal bank to buy a book, collaborate with
your friends, or manage your personal finances. These networks
personalize your experience and put everything you need at your
fingertips. Through enhancements to both the Ariba® Network and its
market-leading, cloud-based collaborative commerce applications,
Ariba will do the same for corporate buying and selling
organizations.
Better Buying
Leveraging functionality embedded in Ariba® Procure-to-Pay™,
buying organizations today are able to create and deploy
easy-to-search and access catalogs through which employees across
functions, divisions and geographies can find the goods and
services they need and purchase them in compliance with preferred
vendor agreements, contracted prices and buying policies – all in
as little as four weeks.
The latest release of the application features a totally new,
intuitive, consumer-like buying interface that gives requisitioners
real-time access to the information they need to make informed,
accurate and compliant buying decisions, including:
- Consumerized catalog and search
capabilities
- Guided product comparison tools
- Multi-faceted buying procedures to
enable requisitioning and collaboration for all goods and
services
- Real-time budget tracking and
reporting
- Visual workflow
“The user experience looks and feels very much like Amazon.com,”
said Dana Gardner, principal analyst, Interarbor Solutions. “But
it’s clearly more than just a slick interface. The new catalog
search and comparison capabilities certainly make it easier for
buyers to find precisely the products they’re looking for, and also
secure the best deals available. But the larger value comes with
the budget monitoring and visual workflow features which allow all
permissioned stakeholders to see where requests stand, and to be
able to adjust processes on the fly to suit dynamic business needs.
What's more, the expanded set of tools helps drive compliance with
specific corporate purchasing policies.”
Better Selling
The ability to efficiently discover, connect, and collaborate
with customers is paramount to success in today’s fast-paced,
global business environment. As the world’s largest web-based
trading community, Ariba enables sales, fulfillment, and accounts
receivable (AR) organizations to uncover new business
opportunities, streamline order management and invoicing processes,
and accelerate payment and financing with existing and potential
customers in a scalable, cost-effective, and fully automated
way.
“The upcoming Seller Collaboration Console will make it easier
for MarkMaster to collaborate with our customers and provide my
team with the visibility they need to understand our engagement
with customers across the entire market-to-cash cycle,” said Kevin
Govin, CEO, MarkMaster. “It addresses a problem that point
solutions do not address for small companies like ours. It gives me
one central location to manage the information I provide to and
receive from customers, in a consumer-like interface.”
Using the console, selling organizations like MarkMaster can
eliminate these barriers and manage the full order-to-cash process
across all of their customers on the Ariba Network through a
single, intuitive interface in a coordinated manner leveraging
tools such as:
- Single sign-on console to receive new
leads, manage quotes, streamline orders and invoices, and
collaborate with customers and other Ariba Network and community
members
- Consolidated and synchronized profile
and catalog management, allowing sellers to manage their content
once and syndicate to multiple customers
- Advanced receivables and discount
management
- Single-click navigation and management
of all commercial processes and relationships
- Lead generation and management with the
largest community of Global 2000 buying organizations
“Managing customers with multiple point solutions has been a
significant inhibitor to the adoption of collaborative business
commerce,” said Cara Balint, eCommerce Client Operations Manager at
Insight--a leading provider of brand-name IT hardware, software,
and services. “The Seller Collaboration Console makes it easy for
us to obtain leads and collaborate with multiple customers through
the RFP and supplier selection process, catalogs and orders, and
invoice and payment. And the centrally-managed Ariba Cloud Profile
will help ensure that my supplier profile is accurate and complete
and that I can better manage the way our brand is represented.”
Better Commerce
Over the last decade, companies have spent billions on
technology to make business commerce easier. Yet it remains complex
and inefficient. The release of Ariba’s latest platform represents
a step change in the industry.
“Through increased integration of enterprise frameworks and
networking technologies in its 12 series release, Ariba is
providing buyers and sellers more opportunities to collaborate and
streamline business processes that can lead to better commerce,”
said Constantine Limberakis, Senior Research Analyst, Global Supply
Management, Aberdeen Group.
Availability
The latest version of Ariba’s cloud-based collaborative commerce
platform will be released this summer. To learn more about the
platform and the value it can deliver, visit www.ariba.com
About Ariba, Inc.
Ariba, Inc. is the world’s business commerce network. Ariba
combines industry-leading cloud-based applications with the world's
largest web-based trading community to help companies discover and
collaborate with a global network of partners. Using the Ariba®
Network, businesses of all sizes can connect to their trading
partners anywhere, at any time from any application or device to
buy, sell and manage their cash more efficiently and effectively
than ever before. Companies around the world use the Ariba Network
to simplify inter-enterprise commerce and enhance the results that
they deliver. Join them at: www.ariba.com
Copyright © 1996 – 2012 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, 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, including difficulties with the integration process
or the realization of benefits of a transaction; the impact of our
disposition, including the potential disruption of our ongoing
business; the ability to attract and retain qualified employees;
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 and dispositions,
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 7, 2012.
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