Published: July 07, 2011
HP and SunTrust Simplify Services Procurement with Ariba
SUNNYVALE, Calif. - (BUSINESS WIRE) - Sourcing and delivering services and complex goods is not the same as
buying and selling off-the-shelf items. But in today's
technology-enabled business world, it shouldn't be difficult. On
Thursday, July 21, Hewlett-Packard and SunTrust will discuss ways in
which their organizations are leveraging cloud-based solutions to
efficiently connect and simplify the process during an interactive
webinar. Hosted by Ariba, Inc. (NASDAQ: ARBA), the leading provider of
collaborative business commerce solutions, the live session will take
place from 2 p.m. to 3 p.m. ET and will feature Robert Calvert, B2B
Integration Program Manager, Hewlett-Packard and John Thompson, Senior
Vice President, Strategic Sourcing, SunTrust Bank.
"When it comes to sourcing simple goods, companies rely on set factors
such as quantity, SKU and price. Complex goods and services, on the
other hand, rely on contextual attributes and negotiated
specifications," said Calvert. "And this requires a more flexible
approach."
Thompson agrees. "High variation in specifications, consumption, and
price make sourcing services particularly challenging," he said. "To be
successful requires close collaboration with suppliers and a phased
approach that can drive process efficiencies and continuous
improvements."
During the July 21 webinar, Calvert and Thompson will outline ways in
which they are leveraging the Ariba
Network to collaborate more closely and simplify procurement of
complex goods and services and share best practices for:
-
Creating PunchOut catalog sites and custom configurations to
collaborate on complex configurable goods
-
Ensure adherence to contract terms in complex services procurement,
addressing complex service categories such as business process
outsourcing and leases
-
Gaining executive buy-in on goals and benefit
-
Choosing the right cloud-based tools for the greatest implementation
success
With over 500,000 buyers and sellers transacting more than $173 billion
in commerce on an annual basis, the Ariba Network is the world's leading
and largest supply network.
"Services are hard to define, see, centralize, and thus, control," said
Jason Kurtz, Vice President, Ariba Network. "The Ariba Network provides
a unique platform through which buyers and sellers can access the tools
they need to negotiate, manage, deliver and drive compliance on any type
of service, from consulting and contingent labor to marketing and
printing. And it can all be done through a single, easy-to-access and
use interface."
To learn more about the Ariba Network and the value it can deliver,
please visit: http://www.ariba.com/supplier/suppliernetwork/
For more information on the July 21 webinar, or to register, visit: http://www.ariba.com/go/livewebcast
About Ariba, Inc.
Ariba, Inc. is the leading provider of collaborative business commerce
solutions. Ariba combines industry-leading technology with the world's
largest web-based trading community to help companies discover, connect
and collaborate with a global network of partners - all in a cloud-based
environment. Using the Ariba Commerce Cloud, businesses of
all sizes can buy, sell and manage cash more efficiently and
effectively. Over 500,000 companies around the globe use the Ariba Commerce
Cloud to simplify inter-enterprise commerce and enhance results. Why not
join them? To get on the path to Better Commerce visit: www.ariba.com/commercecloud/
Copyright (c) 1996 - 2011 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, Ariba.com, Ariba.com Network, Ariba
Spend Management. Find it. Get it. Keep it. and PO-Flip are registered
trademarks of Ariba, Inc. Ariba Procure-to-Pay, Ariba Buyer, Ariba
eForms, Ariba PunchOut, Ariba Services Procurement, Ariba Travel and
Expense, Ariba Procure-to-Order, Ariba Procurement Content, Ariba
Sourcing, Ariba Savings and Pipeline Tracking, Ariba Category
Management, Ariba Category Playbooks, Ariba StartSourcing, Ariba Spend
Visibility, Ariba Analysis, Ariba Data Enrichment, Ariba Contract
Management, Ariba Contract Compliance, Ariba Electronic Signatures,
Ariba StartContracts, Ariba Invoice Management, Ariba Payment
Management, Ariba Working Capital Management, Ariba Settlement, Ariba
Supplier Information and Performance Management, Ariba Supplier
Information Management, Ariba Discovery, Ariba Invoice Automation, Ariba
PO Automation, Ariba Express Content, Ariba Ready, and Ariba LIVE 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 impact of any acquisitions, including
difficulties with the integration process or the realization of benefits
of a transaction; the impact of our disposition, including the potential
disruption of our ongoing business; the ability to attract and retain
qualified employees; 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 and dispositions, 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 5, 2011.

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