Ariba Helps Uncover Hidden Savings

Though the pundits are declaring that the recession is over, the markets aren’t yet reflecting their optimism. Prices for many key commodities and the energy used to convert them into finished goods are at two, three and in some cases, four year lows. So there are still plenty of savings to be had. On September 1, Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, will outline ways in which buyers can collaborate with their suppliers to uncover hidden opportunities for savings across categories and drive them to the bottom line during an interactive webinar hosted by the Sourcing Interests Group (SIG). The live session will be held from 2 p.m. ET to 3 p.m. ET.

"During tight times, the tendency for most organizations is to shore up costs and adopt a myopic approach to conducting business. Buyers become complacent bystanders as suppliers begin to run into trouble. Suppliers in turn become less flexible in their negotiations with buyers, eyeing badly-needed present revenue over long-term growth. But this is not the way to pull through a recession,” said Diana Brown, Director, Spend Management Services, Ariba. "Now, more than ever, buyers and suppliers must work closely together to share the financial burden of the times, embrace innovative ways to ensure their mutual health and reduce overall costs in their supply chain. While there are multiple value creation levers from joint product development to traditional sourcing initiatives, one of the most effective ways to do this over the short-term is through supplier-nominated savings programs.”

During the September 1 SIG webinar, Brown and her team will share best practices and success stories around implementing such programs to drive near-term savings and cash in on the current market conditions before they fade away.

To register for the event, please visit: https://www2.gotomeeting.com/register/440831383. For more information on Ariba’s Spend Management Services and the value they can deliver, visit: http://www.ariba.com/services/index.cfm.

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.

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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 August 7, 2009.