Science & Technology 
Science and Technology
Science and Technology 
Tue, January 6, 2009
Ariba Named Best Supply Chain Management Company
SUNNYVALE, Calif.--([ BUSINESS WIRE ])--Ariba, Inc. (NASDAQ:ARBA), the leading spend management solutions provider, today announced that it has been named Best Supply Chain Management Company by Financial-i Magazine. Ariba was selected over Oracle, i2 Technologies and CSC as part of the publication's 2008 Leaders in Innovation Awards within the Treasury and FX category.
"The Financial-i Leaders in Innovation Awards provide recognition for banks and software and hardware vendors who are shaping the delivery of business solutions in wholesale transaction banking and who demonstrate an ongoing commitment to innovation," said Anita Hawser, editor of Financial-i.
Ariba was selected as Best Supply Chain Management Company based on its ability to provide solutions that are cost effective, help solve common business problems, are less time consuming and costly to implement, enhance overall efficiency and facilitate bank- to-bank and bank-to-customer communications.
Ariba provides a comprehensive range of spend management solutions that enable large and growing enterprises to source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Through its financial applications, Ariba helps companies develop and implement a highly integrated cash management strategy while improving the efficiency of the entire procure-to-pay cycle. Delivered via the Ariba® Supplier Network™, Ariba's Invoice and Payment™ solutions, for instance, provide companies with the tools needed to optimize their invoicing and reconciliation processes to achieve straight through processing and generate measurable and sustainable results. And with built-in working capital management and dynamic discounting capabilities, the Ariba Supplier Network also enables suppliers to better manage receivables-based working capital and reduce Days Sales Outstanding (DSO) and buyers to lower overall costs.
"As the global financial crisis continues, it is imperative that companies have the tools they need to lower costs, minimize risk and position themselves for growth in the future," said Mike Arenth EMEA General Manager, Ariba."We are pleased that Financial-i recognizes Ariba's ability to deliver market-leading solutions that companies of all sizes can leverage to achieve these goals."
More than 1,000 companies around the world, including more than half of the Fortune 500, use Ariba solutions to manage their spend and drive value from their business. To learn more about Ariba's solutions and the results they can deliver, please visit [ www.ariba.com ].
About Financial-i Leaders in Innovation Awards
The awards identify innovation leaders across wholesale transaction banking in categories encompassing:
| Securities services |
| Treasury & FX |
| Network services |
| Data management |
| Risk management |
Companies were short listed based on research conducted by Financial-I's team of journalists, including input from analyst firms. Short-listed companies were presented to an advisory panel comprising industry analysts and thought leaders. Their feedback was then used to help decide winners and companies to watch in each category.
About Ariba, Inc.
Ariba, Inc. is the leading provider of on-demand spend management solutions. Our mission is to transform the way companies of all sizes, across all industries, and geographies operate by delivering software, service, and network solutions that enable them to holistically source, contract, procure, pay, manage, and analyze their spend and supplier relationships. Delivered on demand, our enterprise-class offerings empower companies to achieve greater control of their spend and drive continuous improvements in financial and supply chain performance. More than 1,000 companies, including more than half of the companies on the Fortune 500, use Ariba solutions to manage their spend from sourcing and orders through invoicing and payment. For more information, visit [ www.ariba.com ]
Copyright © 1996 – 2009 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, SupplyWatch, Ariba.com, Ariba.com Network and Ariba Spend Management. Find it. Get it. Keep it. are registered trademarks of Ariba, Inc. Ariba Spend Management, 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 Invoice, Ariba Payment, 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 Content Procurement, Ariba PunchOut, Ariba QuickSource, PO-Flip, Ariba Spend Management Knowledge Base, Ariba Ready, Ariba Supply Lines, Ariba Supply Manager, Ariba LIVE, It's Time for Spend Management and Supplier Lifecycle Management are trademarks or service marks of Ariba, Inc. All other brand or product names may be trademarks or registered trademarks of their respective companies or organizations in the United States and/or other countries.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation Reform Act 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 current expectations include, but are not limited to: the impact of the credit crises on Ariba's results of operations and financial condition; 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, including the impact of a recession; 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; 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 filed with the SEC on November 19, 2008.