District of Columbia Public Schools Get Smart About Procurement; District Administration Implements Ariba Spend Management Solutions to Transform Purchasing Processes and Drive Educational Excellence.SUNNYVALE, Calif. -- Ariba(R), Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that the District of Columbia Public Schools
DCPS Duval County Public Schools DCPS Defense Civilian Pay System (US DoD) DCPS Digital Copy Protection System DCPS Defense Civilian Payroll System DCPS Data-Centric Publish-Subscribe ), one of the nation's top school systems serving more than 59,000 students, has selected Ariba as its platform to manage its more than $350 million in annual spend. As part of its ongoing efforts to maximize dollars to improve student achievement, DCPS has implemented the Ariba Buyer(TM) and Ariba Invoice(TM) solutions to streamline its procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. process and drive savings that can be used to enhance educational programs. "For years, companies around the world have been leveraging spend management solutions to lower their costs and increase their competitive advantage," said Hitesh Haria, Deputy Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , DCPS. "In adopting and implementing Ariba's offerings, we seek to bring the same discipline and results to public education. Through Ariba's spend management solutions, we have the technology and processes in place to drive an efficient procurement process that enables us to identify opportunities for savings which we can use to enhance the education of our students." DCPS was able to implement Ariba Buyer and Ariba Invoice across its schools in just six months, and is successfully using the solutions to: --Automate its procurement process, reducing the paper and time involved in moving from orders through invoice and payment --Gain greater visibility into its spend, identifying opportunities for savings on key 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. --Negotiate and leverage best value contracts across the district for better pricing and terms "Much as it continually raises the bar for its students, DCPS is setting a new standard for procurement among schools through its aggressive adoption of spend management," said Kevin Costello, Chief Commercial Officer, Ariba. "As the first public school system to implement Ariba solutions, DCPS is creating streamlined processes that enable it to focus on education rather than administration and deliver savings that can ultimately be used to fuel student achievement." About The District of Columbia Public Schools DCPS is currently home to 151 school sites including 3 high schools, Banneker, Wilson and School Without Walls, that were ranked in 2003 by Newsweek Magazine among the top high schools in the nation. Our schools serve roughly 59,600 students across 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). . For more information, please visit: http://www.k12.dc.us/dcps/schools/schoolsmain.html 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 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 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-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 May 15, 2006. |
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