Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions
provider, today announced that Australia’s two leading entertainment
venues – Crown Melbourne and Burswood Perth – are leveraging its SaaS
offerings to lower their costs, minimize risk and optimize cash flow and
operations. As part of an initiative to streamline corporate spending,
Crown has implemented Ariba® Sourcing™ On Demand
and Ariba Contract Management™.
"The sophisticated software and global expertise that Ariba provides are
allowing Crown to overhaul its corporate spending strategies,” said
Justine Henwood, Chief Financial Officer, Crown Melbourne. "We are using
technology which is powerful and easy to use, flexible and easy to grasp
to automate formerly paper-based internal processes, which allows us to
be more tactical rather than transactionally focused. And we are already
seeing results. The project has quickly identified sourcing savings and
will deliver an ROI in the hundreds of percent.”
The project’s preliminary phase involved Ariba working closely with
Crown to identify cost saving opportunities and to agree on savings
targets.
"Ariba’s expertise in market prices for goods and services, and its
analysis of our current spending, has allowed us to identify savings
among our many categories of spend, from cleaning and maintenance
services to food and beverage providers,” Henwood said.
Crown is also leveraging Ariba’s best-in-class technology to consolidate
its contract management activities.
"Centralization of our contracts is crucial to reducing duplication
across our business units, achieving greater cost efficiencies, greater
transparency and speeding up the time it takes to procure and implement
contracts,” Henwood said. "Ariba’s technology has allowed us to create
and maintain a centralized contracts repository with rich search
capabilities that we can leverage to achieve these goals.”
Because Ariba’s solutions are delivered on demand, Crown doesn’t concern
itself with any infrastructure and the software can be used at multiple
locations – critical given that it operates on both sides of the country
and for employees working offsite. "It’s a significant cost saving to
owning and maintaining the software ourselves,” Henwood said.
"Given the current economic climate, it is imperative for businesses of
all sizes to follow Crown’s lead and examine their corporate spending
strategies,” said James McParlane, General Manager, Ariba Australia and
New Zealand. "The corporate dollar has to stretch a lot further than it
used to, and taking a holistic look at a company’s spend is the smart
way to reducing behind the scenes business costs.”
94 of the Fortune 100 and more than 200,000 other companies use Ariba’s
SaaS solutions to manage their spend and commerce activities. To learn
more about these offerings and the benefits they can deliver, visit www.ariba.com
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 technology,
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 100, use Ariba solutions to manage their spend from sourcing and
orders through invoicing and payment. For more information, visit www.ariba.com
Copyright © 1996 – 2010 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-Q filed with the SEC on February
5, 2010.