Maxim Healthcare Enhances Procurement with Ariba

Printer-friendly versionPDF version

Leading healthcare company leverages Ariba's on-demand solutions to reduce costs and increase efficiencies

SUNNYVALE, Calif., May 4, 2010 –Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced that it has signed a new agreement with Maxim Healthcare Services, Inc., one of the nation’s leading providers of home health, medical staffing and wellness services. Under the terms of the agreement, Maxim hopes to leverage Ariba’s on-demand offerings to enhance the efficiency of its procurement process from sourcing and orders through invoice and payment and deliver cost savings that positively impact its bottom line.

“Maxim is focused on managing every dollar that we spend so that we can continue to deliver innovative healthcare solutions and enhance the quality of life for our patients,” said Jeff Halper, Purchasing Manager, Maxim. “With Ariba, we will combine technology and best practices in order to maximize spend visibility, lower costs, and enhance operational efficiencies. The improvements to the purchasing and payment cycle will improve the company's ability to serve customers."

To achieve these goals, Maxim will implement Ariba® Procure-to-Pay™ On-Demand, and Ariba Payment™ Professional and will also leverage Ariba’s Invoice Conversion services.

The heart of Ariba’s Procurement solution, Ariba Procure-To-Pay combines the functionality of Ariba Buyer™, Ariba Invoice™, Ariba Settlement™ and Ariba Analysis™ in a single, integrated solution to help companies automate, improve, control and monitor procurement to realize immediate process efficiencies and cost savings.

In addition to Ariba Procure-to-Pay, Maxim will also implement Ariba Payment Professional and leverage Ariba Invoice Conversion services to reduce the inefficiencies and costs of paper-based invoice reconciliation, exception handling, and supplier communication and deliver much needed visibility and decision support into the payables process.

“As one of the leading healthcare companies in the country, Maxim understands the importance of operating at the highest levels of quality and efficiency,” said Daryl Rolley, Senior Vice President and Managing Director, North America and Asia Pacific Operations, Ariba. “With Ariba, Maxim has access to an industry-leading platform through which it can streamline its entire procurement cycle and generate process improvements that allow it to maintain the standards that its customers have come to expect.”

About Maxim Healthcare Services

Established in 1988 to respond to the nursing shortage, Maxim Healthcare Services carries with it a rich tradition of providing superior service. Maxim provides integrated healthcare solutions to clients with a variety of needs. While serving as a complete industry resource, Maxim understands that each of its service lines requires a unique focus. This specialized approach demonstrates the company’s awareness and commitment to each niche of clinical and administrative healthcare. Maxim continues to evolve and assists many of the nation’s hospitals, nursing homes, school systems, and other medical facilities with a full spectrum of healthcare needs. To learn more, please visitwww.maximhealthcare.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, visitwww.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.

Media Contact:

Karen Master

Ariba, Inc.
412-297-8177
kmaster@ariba.com

Danielle Gregg-Swetz
Maxim Healthcare Services, Inc.
410-910-1500

News Source : Maxim Healthcare Enhances Procurement with Ariba