Canada Revenue Agency Adopts Ariba Spend Management Solutions to Accelerate Process Transformation, Increase Efficiencies and Drive Greater Compliance.SUNNYVALE, Calif. -- Ariba([R]), Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that it has signed an agreement with the Canada Revenue Agency The Canada Revenue Agency (CRA) administers:
In modern Canadian use, the term "government" (or "federal government") refers broadly to the cabinet of the day and . "CRA is an innovative and progressive organization that is committed to leveraging technology to enhance the way it does business," said Kevin Costello, Chief Commercial Officer, Ariba. "In adopting and implementing Ariba's solutions, CRA can build additional capabilities and standardize processes that allow it to continue to deliver increased efficiencies that create value for its organization and its clients." About Ariba Spend Management Ariba provides a robust, flexible, and comprehensive range of solutions to support organizations along every step of the way on their spend management journey. With Ariba, organizations have access to a complete range of technology and best-practice processes they can leverage across direct and indirect materials, services 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. spend. Offered in a variety of delivery modes, including hosted, on-demand, on premises or outsourced, Ariba's solutions make it fast, easy and affordable for private sector companies and public sector agencies alike to adopt and realize the value of spend management. More than 550 companies of all sizes across all industries currently use Ariba solutions to drive their spend management initiatives. They are joined by a number of federal and state agencies, including: The United States Department of Energy The United States Department of Energy (DOE) is a Cabinet-level department of the United States government responsible for energy policy and nuclear safety. Its purview includes the nation's nuclear weapons program, nuclear reactor production for the United States Navy, , United States Department of State Noun 1. United States Department of State - the federal department in the United States that sets and maintains foreign policies; "the Department of State was created in 1789" Department of State, DoS, State Department, State , The Commonwealth of Virginia, State of Florida, State of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. and Government of the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . About the Canada Revenue Agency The Canada Revenue Agency (CRA) is the principal revenue collector for the federal government of Canada. Annually, CRA collects over $300 billion in taxes and other revenues; and distributes close to $12.5 billion in benefit payments to millions of families and individuals on behalf of the federal, provincial, and territorial governments, as well as First Nations. CRA employs 42,000 employees across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. . For additional information on CRA, please visit: www.cra-arc.gc.ca. 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 - 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, 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 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 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 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-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 August 9, 2006. |
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