Ariba Elevates 2013 Partnership with The Institute of Financial Operations

Company known as ‘the world’s business commerce network’ strengthens bond with membership organization, becoming a gold partner

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Orlando, Florida (PRWEB) March 28, 2013

The Institute of Financial Operations is proud to announce that it has strengthened its partnership with Ariba, an SAP company and the world’s business commerce network.

The Institute offers four levels of partnership — strategic, diamond, gold, and silver — for sponsors that are committed to the membership association’s core financial operations disciplines, which include accounts payable, accounts receivable, information management, and data capture. Ariba has partnered with The Institute since 2003 and recently elevated its status to gold.

“Collaboration between trading partners — in both the delivery of goods and services and the financial flows that facilitate them — is a key item on the agenda of finance executives around the world,” said Drew Hofler, Ariba senior manager, financial solutions. “Ariba is squarely focused on developing and delivering solutions that help companies plug into this new, networked economy, and we are pleased to be partnering with The Institute to help its members reap the benefits it provides.”

Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Through the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time, from any application or device to buy, sell, and manage their cash. Nearly 1 million companies in 190 countries use the Ariba Network to transact more than $450 billion on an annual basis.

Finance executives rely on Ariba to streamline and enhance critical processes, from spend analysis to invoice, payment and discount management, receivables, and supply chain financing.

“Ariba’s cloud-based applications and business network are driving new and innovative forms of collaboration between buyers, sellers, and financial managers that enable them to manage their cash more efficiently and effectively than ever before,” said Jo E. LaBorde, executive director of The Institute. “Our members can certainly appreciate the company’s value proposition, and we are pleased to be partnering with Ariba to help advance it.”

About The Institute of Financial Operations

The Institute of Financial Operations is a membership-based professional association serving the entire financial operations ecosystem, with a particular focus on the accounts payable and accounts receivable disciplines and the related fields of information management and data capture. The Institute grew out of the merger of four associations: International Accounts Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), the National Association of Purchasing and Payables (NAPP), and The Association for Work Process Improvement (TAWPI).

Based in Orlando, Fla., with affiliates in the U.S., Canada, and the UK, The Institute serves as a global voice, chief advocate, recognized authority, acknowledged leader, and principal educator for people in financial operations. The Institute has a community of nearly 100,000, which includes 5,000 members, 17,000 customers, and an additional 75,000 financial operations professionals.

The Institute’s members have access to benefits and leading-edge resources such as the award-winning Financial Ops magazine, a dynamic, content-rich website, educational and networking events, online educational offerings, certification and certificate programs, career resources, and volunteer opportunities. For more information, visit http://www.financialops.org.

About Ariba, an SAP Company

Ariba is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at http://www.ariba.com.


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