As the global economy continues on its volatile and uncertain
path, companies around the world are seeking ways to minimize their
costs and risk. And Fomento de Construcciones Y Contratas (FCC),
one of Europe’s leading construction and services firms, has found
one in Ariba, Inc. (NASDAQ: ARBA), the leading provider of
collaborative business commerce solutions. On May 30, the company,
which is headquartered in Barcelona and provides environmental
services and water management, construction of large
infrastructure, cement and renewable energy production in 54
countries worldwide, will discuss how it has implemented a range of
Ariba’s cloud-based solutions to build a world-class procurement
function that is delivering savings and efficiencies across its
operations on mainstage at Ariba LIVE Barcelona, the business
commerce event of the year.
"FCC allocates two thirds of their income to paying suppliers
and subcontractors. Accurate and effective management of these
important economic resources is one of the main challenges faced by
a large group, in the context of addressing the challenges of the
current economy," said Juan Carlos Montejano, Management Purchasing
Director for FCC.
To achieve this goal, FCC, a 2012 Ariba Excellence Award winner
in the category of procurement effectiveness, has implemented a
range of Ariba’s cloud-based solutions, including Ariba® Sourcing™
On-Demand, Ariba Contract Management™, Ariba Supplier Information
and Performance Management™ , Ariba Procure-to-Pay™ and Ariba
Invoice Management™.
“The economic downturn has certainly taken a toll on the global
market for construction and engineering firms,” said Ted Kondis,
Vice President and EMEA General Manager, Ariba. “By implementing
Ariba’s solutions to consolidate its spend and mine savings, FCC
can maintain its competitive advantage and position itself for
future growth.”
Delivered completely on-demand via the Ariba® Network, Ariba’s
cloud-based solutions combine 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 offerings, 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.
"With Ariba’s solutions in place, we're making significant
improvements in contracting conditions, working with leading
companies to maintain or increase the quality of the contract, and
in ensuring compliance with these conditions, as well as
electronically managing orders and invoices," said Montejano.
And they have been able to do so quickly and easily as a result
of leveraging the cloud model. “Ariba’s on-demand solution is very
efficient in terms of cost and rapid implementation," said
Montejano.
Montejano will share his full story on mainstage at Ariba LIVE
Barcelona May 30. For more information on the event, or to
register, visit: www.aribalive.com
About FCC
FCC is the parent company of one of Europe's leading citizen
services. It has traditionally focused on growth through
diversification: originally founded as a construction company, in
1911 it branched into municipal services with a contract to clean
and maintain Barcelona's sewer network. Its business portfolio is
now highly diversified. FCC's core businesses are environmental
services and water management, construction of large
infrastructure, cement production, and renewable energy production.
It has a footprint in 54 countries worldwide and over 53% of its
revenues come from outside Spain (mainly Europe and the US).
Revenues in 2011 amounted to 11.700 billion euro and the group had
90,000 employees.
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 May 5, 2012.
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