Tuesday, August 30, 2005

Ariba: Ariba Ranked Among Leading Electronic Invoice Solution Providers.

Independent Research Firm Recognizes Ariba Invoice for Robust Functionality, Architecture, Usability, Technology and Globalization

SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 30, 2005--Ariba(R), Inc. (Nasdaq:ARBA), the leading Spend Management solutions provider, has been recognized as a leading provider of electronic invoice presentation and payment (EIPP) solutions by an independent research firm. In a new report, Ariba is ranked among the top vendors in the United States and Europe. (The Forrester Wave(TM): Accounts Payable EIPP, Q3 2005, Forrester Research, Inc., August 2005)

Designed to assess the state of the accounts payable EIPP market, the report evaluated vendors across 74 criteria. Ariba received high marks for the robust functionality, reliable and scalable architecture, ease of integration and use and global nature of its Ariba(R) Invoice(TM) solution. According to the report, "Ariba scored highest in architecture, leads the technology category and did best on usability."

"Electronic invoicing has become a best practice in leading companies," said Lou Unkeless, vice president of Marketing, Ariba. "By automating and streamlining this critical task, companies gain efficiency as well as increased visibility and control of spending at a line item level. We're pleased that Forrester Research has recognized Ariba's leadership in providing an integrated solution to address this important component of spend management."

Many of the world's leading companies use Ariba(R) Invoice(TM) and the Ariba(R) Supplier Network(TM) to optimize their invoicing and reconciliation processes. By the end of this year, Ariba expects that more than 4 million invoices totaling more than $10 billion will have been carried across the network. Users have benefited from:
-- Faster approval time, allowing more discount capture
-- Rapid, more simplified supplier on-boarding
-- Automated up-front validation of invoice data for faster processing time
-- Process cost reductions

For more information on Ariba Invoice, please visit http://www.ariba.com/. To access the Forrester report, "The Forrester Wave: Accounts Payable EIPP, Q3 2005," visit http://learningcenter.ariba.com/view_page.cfm?asset_ID=204&pid=iwavepr

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