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Ariba Named Leading P2P Technology Provider

October 9, 2012 No Comments

SOURCE: Ariba

SUNNYVALE, Calif., October 9, 2012 – Ariba, an SAP Company and the world’s business commerce network, today announced that it has been named the leading P2P Technology provider by PayStream Advisors. An independent research and advisory firm dedicated to helping companies automate purchasing, payables and financial processes, PayStream recognized Ariba for driving transformational change across procure-to-pay process through cloud applications and network and recently presented the company as part of its 2012 Technology Excellence Awards.

“We are proud to honor Ariba as this year’s leading P2P Technology provider,” said Henry Ijams, managing director and founder of PayStream Advisors. “We’ve seen a lot of return on investment from Ariba solutions over the past five years, and this recognition of Ariba reflects the value that the company continues to deliver through its cloud applications and business network.”

Launched in 2011, the PayStream Advisors Technology Excellence Awards are designed to recognize organizations that demonstrate excellence and innovation in the delivery of a solution or service. Ariba was selected as the Leading P2P Technology Provider for 2012 on the basis of its proven ability to automate procure-to-pay operations, so global organizations can improve the way they buy, sell and manage cash. Using the cloud-based solutions delivered on the Ariba Network, global organizations today can eliminate paper; lower their operational costs; improve compliance to policies, preferred suppliers, and contracts; and capture more early payment discounts.

“More and more, organizations are turning to procure-to-pay automation to drive transformational change across the enterprise,” said James Tucker, global director, solutions marketing, Ariba.  “With Ariba’s cloud-based solutions and network, companies can move beyond cost savings and process efficiencies to better manage their working capital and optimize their performance and profits. We are pleased to be recognized by PayStream for the value that our solutions deliver.”

To learn more about Ariba’s solutions and the value they can deliver to your organization, visit: http://www.ariba.com/

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: www.ariba.com.

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 195,000 customers (includes customers from the acquisition of SuccessFactors) to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. © 2012 by SAP AG. All rights reserved. SAP and the SAP logo are registered trademarks of SAP AG in Germany and other countries. Business Objects and the Business Objects logo are trademarks or registered trademarks of Business Objects Software Ltd. Business Objects is an SAP company. Sybase and the Sybase logo are registered trademarks of Sybase Inc. Sybase is an SAP company. Crossgate is a registered trademark of SAP in Germany and other countries.

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