ClearCross and Ariba Announce Strategic Alliance To Enable Cross-Border E-Commerce; Ariba To Deliver Landed Cost Calculation Network Services Powered by ClearCross.Business/Technology Editors NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--June 12, 2000 ClearCross, the leading provider of global commerce management solutions, and Ariba, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ARBA), the leading business-to-business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) eCommerce platform provider, today announced a strategic alliance to provide total landed cost calculation services on the Ariba B2B Commerce Platform. By integrating ClearCross Network(TM) services with the Ariba Commerce Services Network(TM) (Ariba CSN CSN Crosby, Stills, and Nash (band) CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program) CSN Confédération des Syndicats Nationaux (French) ), Ariba will become the first B2B eCommerce platform to provide buyers, suppliers and market makers with the fully-delivered cost of items sourced from around the globe, prior to order commitment. This breakthrough service - delivered in real time on Ariba CSN - will allow buying organizations to "shop the world" for the best door-to-door price of goods and help sellers to fully capture the benefits of cross-border trade. The alliance is the latest extension of Ariba's open network of commerce services and complements Ariba's recent agreement with Descartes Systems Group to provide logistics and fulfillment services on Ariba CSN. The addition of the ClearCross Network continues to extend the global capabilities of the Ariba platform to accelerate and streamline global B2B eCommerce for its users. "Together, Ariba and ClearCross bring companies one giant step closer to realizing the true efficiencies and international opportunities offered by the Internet, enabling them to buy and sell goods globally, forge new strategic supplier relationships and drive down operating costs operating costs npl → gastos mpl operacionales ," said Dave Rome, vice president of strategic alliances, Ariba. "ClearCross' breakthrough services and Internet-based delivery model make the company an ideal solution provider for Ariba CSN, one that will bring us an immediate strategic edge in servicing global customers." 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. Richard Giordanella, chairman and chief executive officer of ClearCross, "Our alliance with Ariba is a clear indicator of ClearCross' future and truly changes the rules of B2B commerce. This partnership is already generating tremendous enthusiasm among our joint customers and represents a major revenue opportunity for both companies. ClearCross' selection as Ariba's network partner for global commerce management validates our Internet services strategy and advances our goal of being the platform that drives all transactions that cross international borders. We are very pleased to welcome Ariba to our growing group of e-commerce partners." The ClearCross Landed Cost Engine (LCE See London Commodity Exchange. ), the first Internet-based service to calculate the duties, tariffs and other additive costs associated with fulfilling international orders, will be the first ClearCross Network service tapped by Ariba. The ClearCross Network will work in concert with Ariba's extensive B2B commerce network services and applications, providing market makers, buyers, suppliers and other key participants in the new economy the advanced decision support needed to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. global market opportunities. Ariba's new landed cost services represent the latest offerings in a suite of fully-hosted commerce services delivered through the Ariba Commerce Services Network. These services extend and redefine interaction and collaboration between B2B trading partners globally. By building an open network of commerce services, Ariba ensures its customers choice and flexibility in selecting commerce services while leveraging the reach and buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. of the open Ariba B2B Commerce Platform. Other commerce services available on the Ariba Commerce Services Network include transaction management, supplier and content services, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , logistics and fulfillment, and information services See Information Systems. . About Ariba Ariba, Inc. is the leading business-to-business (B2B) eCommerce platform provider. Through the Ariba B2B Commerce Platform - an open, end-to-end infrastructure of interoperable The ability for one system to communicate or work with another. See interoperability. software solutions and hosted Web-based commerce services - the company enables efficient online trade, integration and collaboration between B2B marketplaces, buyers, suppliers and commerce service providers. The global reach and best-of-breed functionality of the Ariba B2B Commerce Platform creates Internet-driven economies of scale and process efficiencies for leading companies around the world, including more than 20 of the Fortune 100. Ariba can be contacted in the U.S. at 650-930-6200 or at www.ariba.com. About ClearCross ClearCross (www.clearcross.com) is the leader in global commerce management solutions. Its ClearCross Network intelligently connects companies and online marketplaces with the information sources, applications and shipping resources needed to conduct business across borders simply and profitably. With 1,000 customers in 22 countries around the world, ClearCross enables businesses to expand worldwide sales and dramatically streamline global fulfillment and procurement processes. ClearCross is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Trademarks: ClearCross and ClearCross Network are trademarks of ClearCross Inc. All other company and product names referenced herein are trademarks of their respective holders. |
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