Independent research firm cites ariba as a leader in sourcing and
vendor management tool set market
Sunnyvale, calif.--(business wire)--ariba, an sap company and the world’s business commerce network, today announced that it has been cited as a leader in the market for sourcing and vendor management (svm) tool sets in “the forrester wave™: svm tool set, q1 2013” report by forrester research, inc. the citation is based on the evaluation of its ariba® sourcing™, ariba contract management™, ariba supplier information and performance management™ and ariba spend visibility™ solutions.1 designed to help svm professionals select the epurchasing solutions providers that have integrated, workflow-based svm tool sets, the report evaluated 10 vendors against 18 criteria between september 2012 and october 2012. according to the report, “ariba's sourcing heritage is built on top of a best-of-breed workflow solution and its leading supplier network.” the report further noted: “ariba provides a world-class saas sourcing suite built on a workflow foundation.” “ariba's more than 17 years in the enterprise sourcing space has been built on a persistent focus on workflow design, which generated top marks across the workflow and integration metrics.” “leveraging sap's global enterprise influence, ariba's strategy is to be the go-to on-demand solution for enterprise sourcing from sap while channeling ariba network functionality deeper into sap's offerings.” “strategic sourcing has advanced tremendously over the past decade as companies look to optimize supply decisions and award allocations across a globally distributed supply chain. success requires leveraging advanced sourcing automation tools for sourcing efficiency and business networks to discover, qualify, and manage supply,” said tim minahan, executive vice president, network strategy and chief marketing officer, ariba. “the ariba network is the world’s largest open business transaction network, with nearly one million companies across 190 countries engaging in transactions worth more than $400 billion a year. by leveraging the network and ariba’s suite of svm solutions, companies can automate interactions with key trading partners to drive efficiency, mitigate risks and save on costs throughout the procure-to-pay cycle, ultimately leading to better buying decisions.” delivered on the ariba network, ariba’s robust suite of svm solutions, enables companies to: buy smarter by enabling users to accurately analyze spending habits to be a stronger negotiator; connect to a diverse network of high-quality suppliers to quickly discover collaborative partners who can lower costs for goods and services while minimizing risks; complete contracting and procuring in ways that ensure compliance. for more information on ariba’s sourcing solutions and the value they can deliver for your organization, please visit 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 232,000 customers to operate profitably, adapt continuously, and grow sustainably. for more information, visit www.sap.com. # # # 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. © 2013 sap ag. all rights reserved. sap and other sap products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of sap ag in germany and other countries. please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices. note to editors: to preview and download broadcast-standard stock footage and press photos digitally, please visit www.sap.com/photos. on this platform, you can find high resolution material for your media channels. to view video stories on diverse topics, visit www.sap-tv.com. from this site, you can embed videos into your own web pages, share video via email links, and subscribe to rss feeds from sap tv. follow sap on twitter at @sapnews. for customers interested in learning more about sap products:global customer center: +49 180 534-34-24united states only: 1 (800) 872-1sap (1-800-872-1727) 1 the forrester wave™: svm tool set, q1 2013, forrester research, inc., february 2013
