Ariba Teams with IAPP to Help Finance Professionals Prepare for New Normal

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Leading spend management solutions provider Ariba, Inc., is teaming with International Accounts Payable Professionals (IAPP), the guidance-setting association for the accounts payable profession, to deliver innovative programs for enhancing payables performance. As a Gold Partner, Ariba will provide IAPP members with access to leading-edge information, best practice processes and solutions they can leverage to implement a highly integrated cash management strategy while improving the efficiency of the entire procure-to-pay cycle.

Ariba's wide array of expertise will help our members keep up with technology in ways that can help them the most.

The global recession has created a new state of normal in which finance professionals will need to think differently about how they organize, capitalize and manage cash. To help them do this, Ariba, Inc. (Nasdaq: ARBA), the leading spend management solutions provider, today announced that it is teaming with International Accounts Payable Professionals (IAPP), the guidance-setting association for the accounts payable profession, to deliver innovative programs for enhancing payables performance. As a Gold Partner, Ariba will provide IAPP members with access to leading-edge information, best practice processes and solutions they can leverage to implement a highly integrated cash management strategy while improving the efficiency of the entire procure-to-pay cycle.

“In today’s economy, agility is the new strategic capability,” said Joe Fox, Senior Director, Network and Financial Solutions, Ariba. “In order to position their organizations to successfully compete when things improve, finance leaders must be able to anticipate changing market conditions and quickly adapt their strategies to deal with the new realities of heightened risk, increasingly complex regulatory requirements, tight credit markets and fewer resources. In joining forces with IAPP, we can provide them with practical, actionable information they can use to do just this.”

As a result of the partnership, IAPP members will receive access to Ariba’s monthly Financial Solutions Webinar Series (http://www.ariba.com/programs/invoicenow) and continuing education credits for each session they attend. Designed to provide cutting-edge insights and innovative strategies for managing critical issues across the procure-to-pay cycle, the series features finance executives and industry professionals sharing their experiences and tactics.

Ariba will also deliver educational sessions at IAPP’s annual conference and regional events, and work with IAPP to conduct additional Web seminars that address specific member needs.

“Ariba’s expertise figures prominently into our plans for ramping up our educational offerings,” says Tom Bohn, CEO and executive director of IAPP and its sister organization, International Accounts Receivable Professionals. “Its wide array of expertise will help our members keep up with technology in ways that can help them the most.”

Ariba offers a complete range of SaaS solutions that enable finance organizations to enhance their payables performance by streamlining and automating invoice, payment, and working capital management. With Ariba’s solutions, companies can:

  •     Improve visibility and control.
  •     Reduce transaction and business costs.
  •     Mitigate risk and fraud.
  •     Reduce errors and delays in their invoice-to-pay cycle.
  •     Open up new working capital opportunities via early approved invoices.
  •     Achieve organizational efficiency and effectiveness.
  •     Comply with corporate and regulatory requirements.
  •     Achieve DPO goals while increasing liquidity options for suppliers.
  •     Effectively benchmark and measure performance.

And because they’re delivered as a web-based service via the Ariba® Network™, the world’s leading and largest global trading platform, there’s no need to manage software, infrastructure or trading partner integration. Companies can just plug in and tap the resources they need as they need them to drive their business goals.

More than 1,000 companies around the world use Ariba’s solutions to manage their costs and cash, including more than half of the Fortune 100. To learn more about these solutions and the value they deliver, visit http://www.ariba.com

About IAPP
International Accounts Payable Professionals is internationally recognized as the trustworthy guidance-setting association for the accounts payable profession. Serving members throughout the world, IAPP is the AP professional’s global voice, chief advocate, recognized authority, acknowledged leader, and principal educator on all AP operational, regulatory, leadership, tax, control, and fraud-related topics. Together, the IAPP and its sister organization, International Accounts Receivable Professionals, have more than 5,000 members in 70 chapters throughout the United States, Canada, and the United Kingdom, and provide training, conferences, knowledge sharing, certification, online resources, AP Matters and AR Matters magazines, and more. For more information, visit http://www.TheIAPP.org and http://www.TheIARP.org.

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 http://www.ariba.com

Media Contacts:
Karen Master
Ariba, Inc.
412-297-8177
kmaster(at)ariba.com

Thomas M. Bohn
IAPP and IARP
407-351-3322
Tom.Bohn(at)TheIAPP.org

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