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Ariba Expands On-Demand Footprint; Company Continues to Push the Envelope With Release of Additional On-Demand Spend Management Software and Services.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Delivering on its commitment to make spend management available to companies of all sizes, Ariba(R), Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced the release of additional on-demand On-Demand refers to a service or feature which addresses the user's need for instant gratification and immediacy of use. In most cases the value proposition for an on-demand service is wrapped up in the fact that the user or consumer of the service avoids a significant up-front  offerings. Unveiled during Ariba LIVE(TM), the premier conference for spend management professionals being held in Las Vegas this week, Ariba's solutions continue to raise the bar for software delivered as a service, combining technology, commodity expertise and services in a single package to help companies bring more spend under management and accelerate bottom-line results.

"Six months ago, Ariba painted a vision of a world in which spend management would be affordable and available to all types of companies, and released an initial set of integrated, on-demand solutions designed to make this happen," said Craig Federighi, Chief Technology Officer, Ariba. "Today, we took another step toward making our vision a reality with the release of additional multi-tenant offerings that provide companies with the most comprehensive solutions available for managing the entire spend management process."

When it comes to managing spend, more is better. The more dollars and categories the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  function controls, the more efficient their operations. And greater efficiencies lead to greater savings, realized faster. With its latest on-demand release, Ariba provides companies of all sizes with more options to drive savings to the bottom line through aggressive management of the spend management process.

"With mandated corporate savings targets, enterprises are expanding their spend management initiatives to deliver the required results," Federighi said. "With our latest on-demand release, Ariba is continuing its tradition of innovation and commitment to providing companies with leading solutions that enable them to achieve their spend management goals and increase their returns on investment."

In addition to Ariba Sourcing(TM) and Ariba Spend Visibility(TM) on-demand solutions, Ariba now offers the following solutions in multi-tenant versions for its Basic and Professional customers:

Ariba Procure-To-Pay(TM) -- Designed to ensure that savings identified through sourcing actually reach the bottom line, Ariba Procure-To-Pay combines the functionality of Ariba Buyer(TM), Ariba Invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped.

A consular invoice is one used in foreign trade.
(TM), Ariba Settlement(TM) and Ariba Analysis(TM) in a single, integrated solution. Embedded Inserted into. See embedded system.  with the knowledge and best practices that Ariba and its customers have developed over the last decade, Ariba Procure-To-Pay enables companies to have visibility into and control the procurement process more efficiently than ever before. Delivered on demand, the solution can be rolled out in just a few weeks to not only buyers, but anyone in the company who needs to buy goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , enabling companies to quickly and cost effectively close the procurement loop and realize returns on their investment.

Ariba Electronic Invoice Presentment presentment: see indictment.  and Payment(TM) -- With technology recognized by Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
  • Founded: 1983 by George F.
 and Global Finance Magazine as industry-leading, Ariba Electronic Invoice Presentment and Payment provides robust invoice routing, reconciliation and payment processing for buyers while also giving suppliers real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  visibility into the buyer's invoice and payment approval process via the Ariba Supplier Network(TM). With Ariba Electronic Invoice Presentment and Payment, companies can capture 100 percent of their supplier invoices electronically, and eliminate the paper invoices that clog accounts payable organizations by delivering them to the web browsers The following is a list of web browsers. Historical
Historically important browsers
In order of release:
  • WorldWideWeb, February 26, 1991
  • Erwise, April 1992
  • ViolaWWW, May 1992, see Erwise
 of accounts payable personnel. The end results are faster, more efficient processing and easy sharing across departments, significantly lower transactional costs, higher rates of negotiated and early-pay discount capture and improved internal controls. Delivered on demand, the solution can easily be deployed and drive a more integrated and compliant cash management strategy.

Ariba Travel and Expense(TM) -- As the economy is truly global, companies of all shapes and sizes have seen their travel costs soar SOAR - 1. State, Operator And Result. A general problem-solving production system architecture, intended as a model of human intelligence. Developed by A. Newell in the early 1980s. SOAR was originally implemented in Lisp and OPS5 and is currently implemented in Common Lisp. . Ariba Travel and Expense combines proven technology with spend management best practices to help companies drive bottom-line savings through a closed-loop process that covers everything from pre-trip authorizations and travel booking though post-trip reporting, reconciliation and audit. Ariba Travel and Expense is fully integrated into the Ariba Spend Management(TM) process, and includes expert services in travel programs and expense management. With the new on-demand delivery option, companies can realize process and compliance savings quickly, with minimal upfront investment.

Ariba Contract Management(TM) -- Embedded with best practices that allow companies to realize negotiated savings while also managing risk and compliance issues, Ariba Contract Management is a comprehensive solution companies can use to drive everything from authoring legal agreements to structuring pricing terms. Recently ranked among the industry's leading contract management offerings by Forrester Research (The Forrester Wave(TM): Contract Life-Cycle Management, Q1 2006, Forrester Research, Inc., March 2006), Ariba Contract Management on-demand solution enables companies working to meet internal compliance goals to quickly get a system in place that can efficiently manage both.

Game-Changing Services

Spend management doesn't just happen. Even with the best technology in place, many companies still struggle to enable their users and drive the broad adoption necessary to deliver results. Recognizing these challenges, Ariba wraps each of its solutions with commodity expertise and spend management services designed to help companies build the organizational capabilities needed to achieve spend management excellence. With the latest release, Ariba has enhanced several capabilities in its comprehensive portfolio of spend management services and enabled them to be delivered on demand, including:

Sourcing Capabilities -- The benefits that online sourcing can deliver are clear: a streamlined supply base, dramatically reduced cycle time, substantial savings and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . But to reap these benefits, online projects must be properly executed. And this involves more than just plugging in a piece of software. Ariba's deep sourcing capabilities help companies learn best practices that enable them to build sourcing as a core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
  1. It provides customer benefits
  2. It is hard for competitors to imitate
  3. It can be leveraged widely to many products and markets.
 and drive sustainable bottom-line results. With Ariba's sourcing capabilities, companies can tap the experience and expertise Ariba has built in online sourcing over the last decade and transfer it to their own team members to ensure the success of their projects on an ongoing basis. From category-specific strategies to supplier research and identification, RFx creation and event execution, companies will learn everything they need to know to plan and manage successful online sourcing projects from start to finish.

Event Engineering Capabilities -- As savings targets continue to increase, so too must the amount of spend that procurement teams bring under management. With Ariba's event engineering capabilities, sourcing professionals can increase their spend throughput The speed with which a computer processes data. It is a combination of internal processing speed, peripheral speeds (I/O) and the efficiency of the operating system and other system software all working together.

1.
 by outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.  the tactical execution of online sourcing projects to Ariba's global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map.  team. With Ariba driving the building and testing of online events, enabling and training of suppliers, coordination of supplier participation and management of event-day activity, sourcing professionals can focus on finding additional opportunities for savings and creating projects to lock them in.

"The key to spend management success isn't only automating the procurement process, but accessing knowledge and expertise that make organizations better and smarter," said Kent Parker, Executive Vice President and General Manager, Ariba Global Services Organization. "By leveraging the commodity expertise and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  embedded in all of Ariba's solutions, companies can quickly build their spend management capabilities and deliver results."

Availability

Ariba's on-demand spend management solutions are available and in use by customers today. To learn more about how your organization can leverage them to quickly and effectively bring more spend under management and realize substantial savings and returns on investment, visit the Learning Center at www.ariba.com.

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 (C) 1996 - 2006 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 enrichment Food industry The addition of vitamins or minerals to a food–eg, wheat, which may have been lost during processing. See White flour; Cf Whole grains. , Ariba eForms, Ariba Sourcing, Ariba Spend Visibility, Ariba Invoice, Ariba Travel & Expense, Ariba Workforce, Ariba Supplier Network, Ariba Supplier Connectivity, Ariba Supplier Performance Management, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Settlement and Ariba Spend Management Knowledge Base, Ariba Ready, Ariba Supply Lines, Ariba Supply Manager, and It's Time It's Time was a successful political campaign run by the Australian Labor Party (ALP) under Gough Whitlam at the 1972 election in Australia. Campaigning on the perceived need for change after 23 years of conservative (Liberal Party of Australia) government, Labor put forward a  for Spend Management are trademarks or service marks of Ariba, Inc. Ariba Proprietary and Confidential. All rights reserved. Patents pending. All other trademarks are property of their respective owners.

Ariba Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 

Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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 forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 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 its 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 as·sim·i·late  
v. as·sim·i·lat·ed, as·sim·i·lat·ing, as·sim·i·lates

v.tr.
1. Physiology
a. To consume and incorporate (nutrients) into the body after digestion.

b.
 acquired companies; 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 All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. ; the impact of our acquisitions, including the disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process.  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-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 filed December 7, 2005 and in its Form 10-Q Form 10-Q

See 10-Q.
 filed February 8, 2006.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:May 10, 2006
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