Ariba Enhances Supplier Network

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September 10th, 2008 Leave a comment Visited 15 times, 1 so far today

New Features and Capabilities Added to Industry-Leading Web-Based Business Commerce Network Fuel Greater Collaboration among Buyers and Suppliers Globally

Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced the release of Ariba® Supplier Network™ 46, the latest version of its industry-leading Web-based business commerce and collaboration platform. Building on robust functionality developed over the last decade, the release features new capabilities designed to fuel greater collaboration among buyers and suppliers globally, including a supplier discovery service, transaction dashboard and invoice quick enablement.

“Globalization creates unprecedented opportunities for buyers and suppliers to connect and transact business,” said Bob Solomon, Senior Vice President and General Manager, Ariba Supplier Network. “To maximize these opportunities, companies must have access to leading-edge tools that enable them to optimize and manage trading relationships across multiple geographies using a common platform.”

Delivered on-demand, Ariba Supplier Network 46 features new capabilities designed to further streamline key business processes such as supplier discovery and enablement, invoicing and payment.

Finding New Trading Partners and Expanding Business Opportunities

As the world becomes increasingly flat, few things are more critical to the success of any business than finding the world’s best suppliers. Through a new supplier discovery service, buyers can identify world-class partners to support their business strategies. And suppliers can tap new, qualified business opportunities using expanded supplier profile attributes that enable them to outline their capabilities in greater detail.

Speeding Enablement and Adoption

Equipping suppliers to transact business electronically remains a significant challenge for companies of all sizes. Expanding on its robust supplier enablement capabilities, Ariba has added invoice quick enablement features to Ariba Supplier Network 46. Now, buyers can quickly on-board suppliers who invoice them but do not typically receive a purchase order by automatically enabling them as soon as they are ready to generate an invoice. Companies using ERP systems to manage invoices can seamlessly connect to the Ariba Network and realize the value of this and other features that the Ariba Network provides.

Enhancing Visibility and Collaboration throughout the Procure-to-Pay Cycle

Leveraging a new dashboard that provides a view into transaction activities, suppliers can more effectively manage the lifecycle of orders and invoices and respond more quickly to customer needs. Using a single interface, suppliers can easily find purchase orders that have not been fully invoiced, create invoices, search for new orders, find changed orders, handle rejected invoices, and correct invoice errors. With increased visibility, suppliers can drive better usage and greater value from the Ariba Network.

“In a global economy, collaboration isn’t just prudent, it’s critical to success,” Solomon said. “Through its Supplier Network, Ariba will continue to deliver the features and functionality that companies need to connect with key trading partners, enhance the efficiency and effectiveness of their operations and ultimately, capitalize on opportunities for growth.”

Product Availability

The latest version of Ariba Supplier Network is available and in use today by buyers and suppliers around the world.

About Ariba Supplier Network

Ariba Supplier Network is the world’s leading business collaboration platform, which combines technology and services to better match buyers and suppliers, automate transactions and optimize payments. Buyers and suppliers in 115 countries leverage the network to engage in transactions worth more than $110 billion a year and process one purchase order every two seconds.

About Ariba, Inc.

Ariba, Inc. is the leading provider of spend management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management™ software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.

Copyright © 1996 – 2008 Ariba, Inc.

Ariba, the Ariba logo, AribaLIVE and SupplyWatch are registered trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend Management. Find it. Get it. Keep it., 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 Electronic Invoice Presentment and Payment, Ariba Invoice, 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 PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba Supply Lines, Ariba Supply Manager, Ariba LIVE and It’s Time for Spend Management are trademarks or service marks of Ariba, Inc. All other trademarks are property of their respective owners.

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: 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, including Procuri which Ariba acquired on December 17, 2007; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions; 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 for the third quarter ended June 30, 2008.

Contacts

MSR Communications
Chris Blake, 818-585-0255
chris {at} msrcommunications(.)com





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