Ariba Outperforms ERP Providers in E-Procurement.New Research From Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. Identifies Ariba as Leading Solution for E-Procurement Excellence; Finds Ariba Customers Surpass Peers Using Oracle and SAP SUNNYVALE, Calif. -- When it comes to e-procurement, bigger is not necessarily better. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the results of a new research brief from independent research firm Aberdeen Group, the flexible and focused offerings of Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, deliver greater value than the e-procurement offerings of large 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. providers. In the report, titled "E-Procurement Head-to-Head: Oracle & SAP vs. Ariba vs. BIC BIC See: Bank Investment Contract ," Aberdeen identified Ariba as the leading solution focused on supply management and noted that companies using Ariba's solutions outperformed customers of SAP and Oracle in key areas required for e-procurement success. "Oracle and SAP are clearly the biggest players," said Vance Checketts, Vice President, Global Supply Management, Aberdeen Group. "But our research shows that Ariba's solutions lead in the competitive battle for e-procurement excellence." Based on data from nearly 200 companies engaged in e-procurement initiatives, Aberdeen found that customers using Ariba([R]) Spend Management([TM]) solutions consistently scored higher than organizations leveraging other solutions across key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. , including: * Supplier enablement Supplier Enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business * Spend under management * Requisition-to-purchase order cycle time and costs * User adoption * Transaction volume * Software functionality * Provider satisfaction "Spend management is a dynamic activity that requires nimble nim·ble adj. nim·bler, nim·blest 1. Quick, light, or agile in movement or action; deft: nimble fingers. See Synonyms at dexterous. 2. solutions that can be quickly and easily deployed to deliver proven results," said Bob Shecterle, Vice President, Solutions Marketing, Ariba. "With Ariba, companies of all sizes can have the technology, category expertise and services they need to drive successful e-procurement initiatives, enhance the value of their ERP systems and achieve their strategic goals." For the most successful companies, spend management is a journey. Some begin by leveraging a single solution to drive savings, such as sourcing of direct materials. Others focus on centralizing cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. their procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. strategy or building competencies in specific categories by starting with a spend management suite that includes commodity expertise and services. And many go for a comprehensive suite of offerings that allows them to drive organizational change and operational excellence. Ariba provides a robust, flexible, and comprehensive range of solutions to support companies at every step of their spend management journey. With Ariba, companies have access to industry-leading products and services that help them realize their goals, from lowering total cost of solution ownership to deploying best-practice processes that manage all types of spend. For more information on Ariba Spend Management solutions and the value they can deliver, please visit our website at www.ariba.com. To access the Aberdeen E-Procurement Benchmark, "E-Procurement Head to Head: Oracle & SAP vs Ariba vs BIC," visit: http://www.ariba.com/learningcenter/view_page.cfm?asset_id=325 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. 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. A detailed discussion of these factors and other risks associated with Ariba's business are discussed in Ariba's SEC filings, including its most recent report on 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 1, 2006. |
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