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| [April 12, 2012] |
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Ariba Continues to Simplify Business Commerce
LAS VEGAS --(Business Wire)--
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 (News - Alert),
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
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Guided product comparison tools
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Multi-faceted buying procedures to enable requisitioning and
collaboration for all goods and services
-
Real-time budget tracking and reporting
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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
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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
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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 (News - Alert)
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 (News - Alert) on February 7, 2012.

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