Sometimes, it’s not what you know, but who you know and what they know
that can make all the difference. In an effort to link those responsible
for what remains a key business priority and challenge, Ariba, Inc.
(Nasdaq: ARBA) today launched Ariba Exchange (http://exchange.ariba.com),
the first online community for spend management. Built using
state-of-the-art technology, Ariba Exchange is a unique forum through
which executives and professionals charged with managing costs and risk
can connect to share insights and learn about solutions and
best-practice processes that can help them achieve their goals.
"When it comes to managing spend, time is money,” said Tim Minahan,
Chief Marketing Officer, Ariba. "Today’s spend management professionals
need real-time access to people who understand the challenges they face
and information on solutions and processes they can implement to
overcome them. This is exactly what Ariba Exchange provides.”
Designed to facilitate meaningful interaction among spend management
practitioners, industry analysts, category specialists and others
dedicated to reducing costs and risk to improve profits and competitive
advantage, Ariba Exchange is an open forum through which users can
engage in lively discussions and access articles, whitepapers, videos
and other leading-edge information focused on their specific needs.
While many networks provide for broad discussions of business topics
such as procurement and sourcing, Ariba Exchange enables spend
management professionals to engage in targeted conversations with others
who share their goals and understand the challenges they face through
targeted sub-communities focused on specific spend categories and spend
management solutions.
"If you’re a metals buyer, you don’t want to have to search through
multiple categories to find the information you need to solve your
problems,” said Justin Fogarty, online community manager, Ariba. "You
want a place to go where you can quickly and easily find what you need
and connect with others who are either in or have been in your shoes.”
Among the communities within the Ariba Exchange today:
Spend
Analysis
Sourcing
Contract
Management
Supplier
Management
Procurement
Finance
& Accounting
Supplier
& Network
"Social networks are fast becoming a critical business tool that
professionals of all stripes are leveraging to deliver on their
objectives,” Minahan said. "By joining Ariba Exchange, those charged
with driving spend management can make real-time connections online that
enable them to drive real-world results.”
Thousands of executives and professionals are already engaged on Ariba
Exchange. Join them today at http://exchange.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-K filed with the SEC on November
25, 2009.