Ariba Expands Procurement Functionality for the Mid-Market.New Ariba Express Content Program Allows Companies of All Sizes to Source Indirect 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. More Quickly and Cost-Effectively Through Pre-Enabled Catalogs from Leading Suppliers SUNNYVALE, Calif. -- Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, is expanding its procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. functionality for the mid-market. Today, the company is launching Ariba([R]) Express Content, a solution that delivers pre-enabled catalogs from leading suppliers to help companies of all sizes source indirect goods and services more quickly and cost-effectively. The offering is available as part of Ariba's procurement offerings, which have been rated among the best overall eProcurement solutions by an independent research firm (The Forrester Wave[TM]: eProcurement Solutions, Q2 2007, 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
"One of the greatest challenges that procurement organizations face, particularly at mid-sized companies, is enabling their suppliers to do business electronically. And as a result, they struggle to gain clear visibility into and full control over their spend," said Rick Collison, Director, Solutions Marketing, Ariba. "Through Ariba's Express Content catalogs, buyers can overcome this challenge by gaining quick access to high quality suppliers who are already equipped to do business online. Leveraging the catalogs, they can drive rapid time to savings, high adoption, and compliance with negotiated contracts and purchasing policies." Rapid Enablement, Fast Results Embedded Inserted into. See embedded system. across Ariba's procurement offerings, including Ariba([R]) Buyer([TM]), Ariba Procure-to-Pay([TM]) and Ariba Procurement Content([TM]), Ariba's Express Content catalogs provide fast access to goods and services across a wide range of indirect spend categories, including: * Knowledge Products and Services * Office Identification Products & Displays * Office Equipment * Custom Office Products (Rubber Stamps, Nameplates, Badges and Banners) * Electrical/ Electronics * Industrial Supplies and MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. * Print Products and Services * Cellular Accessories & Equipment * Office Supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). * Life Sciences and Chemicals * Pharmaceutical Products and Equipment * Computer Hardware/Networking * Software * Paper Goods & Packaging * Travel and Hotels * Promotional Goods (Apparel, Luggage, Personal Care) * Facilities and Material Handling Services * Recreational Equipment and Accessories * Health Care Services * Transportation, Storage, Mail Services * Temporary Workforce Using the catalogs, buyers can more effectively manage the procurement of indirect categories, rein in rein in Verb 1. to stop (a horse) by pulling on the reins 2. to restrict or stop: either prices or wage packets had to be reined in Verb 1. maverick Maverick family name of two brothers, Bret and Bait; self-centered and untrustworthy gentlemen gamblers. [TV: Terrace, II, 80] See : Gambling spend and ultimately improve their bottom line. "Given the scale of the Ariba Supplier Network([TM]), suppliers also stand to reap substantial benefits," said Don Darby, Director, Supplier Solutions, Ariba. "By enabling their catalogs through Ariba's Express Content program, suppliers can drive incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. business from the companies who use the network to process more than $100 billion in spend each year." Recognizing this opportunity, many leading suppliers have already enabled their catalogs through Ariba, including: EBSCO EBSCO Elton B. Stephens Company Information Services See Information Systems. ([R]), Siegel([R]) Display Products, Newark Electronics, Telepress, Inc., MarkMaster, Inc., Fastenal Company, Cellular Accessories For Less and others. "Through our partnership with Ariba, Telepress has realized opportunities that would have been difficult to achieve on our own," said Tricia Johnson, Director of eCommerce, Telepress, Inc. "Our success with Ariba has provided us confidence that the Express Content program will serve to create additional revenue with new customers as well as to strengthen our position in the marketplace as an industry leader. We also realize how our customers and prospects benefit from utilizing the proven and effective solution provided by Telepress and Ariba." Availability Ariba's Express Content catalogs are available and in use today as part of Ariba's Procurement solutions. In addition, the catalogs integrate seamlessly with ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. and other non-Ariba procurement systems, allowing buyers to maximize the value of their technology investments and enhance and accelerate the results that their spend management programs deliver. For more information on Ariba's procurement solutions, visit www.ariba.com Suppliers interested in enabling Express Content catalogs may contact supplierprograms@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[TM] software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com. Copyright (c) 1996 - 2007 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 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 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 Form 10-Q See 10-Q. filed August 8, 2007. |
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