Ariba Ups Ante for Sell-Side Contract Management.Latest Solution Release Enables Companies to Create, Manage and Drive Compliance with Various Types of Commercial Agreements SUNNYVALE, Calif. -- Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today unveiled the latest release of its contract management solution, which enables companies to create, manage and drive compliance with various types of commercial agreements - from supplier contracts to complex leases to customer agreements - on an enterprise-wide basis. Delivered on-demand, Ariba([R]) Contract Management([TM]) can be quickly, easily and cost effectively deployed by companies of all sizes to achieve fast, measurable results. "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. a joint study conducted by the International Association of Contracts and Commercial Management and Ariba, enterprises are experiencing an increase in the number and complexity of commercial agreements while headcount has declined," said Ken Miklos, Senior Product Marketing Manager, Ariba. "This has led to an increase in contracting cycle times and exposed companies to new risks that impact their overall performance. With the latest release of Ariba Contract Management, large and growing organizations alike can tackle these issues head on leveraging industry-leading technology that enables them to electronically store, retrieve, author and archive contracts, access and view them on an enterprise-wide basis and ensure they are deriving maximum value from every commercial agreement - all from a single platform." Enterprise Contract Management Delivered On-Demand With enhanced buy and sell-side capabilities, Ariba Contract Management enables companies to collaboratively create and manage contracts across categories and functions, including sales, finance, marketing, real estate, legal, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and IT. Through contracting tools delivered in an on-demand environment, organizations can move beyond basic authoring and document archiving to manage terms and risks and drive compliance with agreements on an enterprise-wide basis. With Ariba Contract Management[TM], companies can: * Leverage pre-approved clauses, mitigating risky language and permitting legal to manage approvals by exception * Eliminate delays in contract creation and approval and shorten (audio, compression) Shorten - A form of lossless audio compression. sales cycles * Gain detailed visibility into contracts on an enterprise-wide basis * Verify that Service Level Agreements have been effectively met * Track contracts and provide advanced notice of expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created * Access multi-party collaborative drafting tools and documents in an online environment to ensure consistency and control of the contract authoring process * Reduce revenue leakage LEAKAGE. The waste which has taken place in liquids, by their escaping out of the casks or vessels in which they were kept. By the act of March 2, 1799, s. 59, 1 Story's L. U. S, 625, it is provided that there be an allowance of two per cent for leakage, on the quantity which shall appear * Eliminate maverick Maverick family name of two brothers, Bret and Bait; self-centered and untrustworthy gentlemen gamblers. [TV: Terrace, II, 80] See : Gambling buying More Value, More Quickly A unique combination of technology, category expertise and services, Ariba's on-demand contract management solutions require minimal investment in hardware and do not involve lengthy implementations. That means companies can quickly get their contracts under control and begin to drive efficiencies and savings. In addition, Ariba's solutions deliver low cost integration 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 back-end data management systems, allowing companies to accelerate and increase returns on their investments. Availability Ariba's contract management solutions are available and in use today. To learn more about these offerings and the results that they are helping companies around the globe to achieve, visit: www.ariba.com/go/contracts. 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 - 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 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 Electronic Invoice Presentment presentment: see indictment. 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 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, 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 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-Q Form 10-Q See 10-Q. filed with the SEC on May 7, 2008. |
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