Ariba Expands Offerings for Small and Medium Enterprises
Company launches StartContracts to help organizations quickly and cost-effectively manage agreements, mitigate risk, drive compliance and boost revenue
SUNNYVALE, Calif., May 18, 2010 – Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today expanded its offerings to help small and medium enterprises drive better commerce with the launch of Ariba® StartContracts™. A unique on-demand solution, Ariba StartContracts combines industry-leading technology and best-practice processes to help organizations quickly and cost-effectively manage buy and sell-side agreements, mitigate risk, drive compliance and boost revenue.
"Effective contract management is a critical lever that companies can pull to quickly find contract information, optimize profits and identify risks and opportunities," said Steve Markle, Senior Director, Solutions Management, Ariba. "Traditionally, only the largest of organizations have been able to afford a contract management solution to effectively record and manage their agreements. But that has changed."
Enterprise-Class Software Delivered On-Demand
Ariba StartContracts makes contract management automation an option for all organizations. With a flexible, user-based pricing model, the solution provides small and medium organizations with the technology and processes needed to improve their contract management and administration functions without investing substantial time or resources.
Key Features
Delivered in a completely web-based environment, the SaaS solution allows contracting, sales, and procurement professionals to enter and manage contracts online in a matter of minutes. And optional electronic signature capabilities make contract execution cheaper, faster, and more secure. With Ariba StartContracts, companies have all the tools needed to:
* Create a central, online contract repository
* Specify important fields and terms within agreements to be monitored
* Manage contracts on across the organization using robust free-text search and reporting capabilities
* Establish task-driven reminders based on important dates and milestones to drive use and compliance
* Go completely paperless and sign agreements electronically
Ariba StartContracts complements Ariba StartSourcing™, an intuitive, web-based RFX management solutions that empowers sourcing professionals within smaller enterprises to create, execute and manage sourcing events from their desktops.
Availability
Ariba StartContracts is available and in use today. To learn more about the offering and the value it can deliver for your organization, visit: www.ariba.com/startcontracts
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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 May 6, 2010.
News Source : Ariba Expands Offerings for Small and Medium Enterprises
Press Contact:
Karen Master
Ariba, Inc.
412-297-8177
http://www.ariba.com/
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