Ariba, Inc. (NASDAQ: ARBA), the world’s business commerce
network, today announced that Lend Lease, a leading and
international property and infrastructure group, is leveraging its
cloud solutions to build a transparent, globally compliant
procurement process across its UK-based operations.
“As a provider of property management and construction services
involving public funds and authorities, it is critical that we have
a standard, best-practice process for sourcing goods and services
that we can use to drive savings, efficiencies and compliance with
the various regulations,” said Nigel McKay, Head of Procurement
& Supply Chain – EMEA, Lend Lease. “Ariba provides us with an
open platform through which we can collaborate both internally and
with external partners to achieve this goal.”
The Ariba® Network is an efficient, effective, and universally
adopted platform for global commerce between businesses and
contains everything that’s needed to drive it, including:
- Market-leading applications for Spend
Management, Collaborative Finance Management, and Sales
Acceleration Management – all delivered as scalable, cost-effective
and burden-free cloud-based services
- The world’s largest Web-based trading
community, empowering global businesses to discover, connect, and
collaborate for better commerce
- Ariba Exchange, the industry-leading
customer community where companies can network, share best
practices, and collaborate with partners and peers
- Market, technical, strategic and other
expert capabilities that can be accessed on-site or remotely via
the Web as needed to support ever-changing business needs and
objectives
Within the Ariba Network, Lend Lease UK will leverage Ariba
Discovery®, the premier service for matching business buyers and
sellers globally, to find suppliers. The company will also use
Ariba Sourcing On-Demand to more efficiently negotiate with its
trading partners and manage interactions with them through award
optimization and savings tracking.
“As Lend Lease continues to grow its business within the UK, it
is critical that the company has solutions and processes in place
that allow it to efficiently control costs, minimize risk and
enhance its performance and profits,” said Ted Kondis, Vice
President and EMEA General Manager, Ariba. “With Ariba, Lend Lease
has easy access to technology, capabilities and a global community
it can leverage to achieve these goals and strengthen its edge in
an increasingly uncertain and competitive marketplace.”
About Lend Lease
Lend Lease is a leading international property and
infrastructure group. In the UK, it is the only fully integrated
retail, residential and commercial provider offering cohesive
in-house solutions for mixed-use developments. The company has core
capabilities in development, investment management, construction,
asset and property management.
Lend Lease is listed on the Australian Stock Exchange and
operates in four key regions – Australia, Asia, Americas and EMEA
(Europe, Middle East, Africa). The group has over 17,000 employees
worldwide.
The company as of June 2011 has over A$10.9 billion funds under
management and market capitalization of A$5.1 billion.
Lend Lease is listed on the Dow Jones Sustainability World Index
(DJSI World) and in 2011 achieved the highest score (100 per cent)
across the real estate sector for the environmental policy and
management category. Dan Labbad, Chief Executive Officer, Lend
Lease – EMEA, is Chairman of the UK Green Building Council and is
co-Chair of the new Green Construction Board alongside Business
Minister Mark Prisk MP.
About Ariba, Inc.
Ariba, Inc. 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
Copyright © 1996 – 2012 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE, Ariba.com, Ariba.com Network,
Ariba Spend Management. Find it. Get it. Keep it. and PO-Flip are
registered trademarks of Ariba, Inc. Ariba Procure-to-Pay, Ariba
Buyer, Ariba eForms, Ariba PunchOut, Ariba Services Procurement,
Ariba Travel and Expense, Ariba Procure-to-Order, Ariba Procurement
Content, Ariba Sourcing, Ariba Savings and Pipeline Tracking, Ariba
Category Management, Ariba Category Playbooks, Ariba StartSourcing,
Ariba Spend Visibility, Ariba Analysis, Ariba Data Enrichment,
Ariba Contract Management, Ariba Contract Compliance, Ariba
Electronic Signatures, Ariba StartContracts, Ariba Invoice
Management, Ariba Payment Management, Ariba Working Capital
Management, Ariba Settlement, Ariba Supplier Information and
Performance Management, Ariba Supplier Information Management,
Ariba Discovery, Ariba Invoice Automation, Ariba PO Automation,
Ariba Express Content, Ariba Ready, and Ariba LIVE are trademarks
or service marks of Ariba, Inc. All other brand or product names
may be trademarks or registered trademarks of their respective
companies or organizations in the United States and/or other
countries.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation
Reform Act 1995: Information and announcements in this release
involve Ariba's expectations, beliefs, hopes, plans, intentions or
strategies regarding the future and are forward-looking statements
that involve risks and uncertainties. All forward-looking
statements included in this release are based upon information
available to Ariba as of the date of the release, and we assume no
obligation to update any such forward-looking statements. These
statements are not guarantees of future performance and actual
results could differ materially from our current expectations.
Factors that could cause or contribute to Ariba's operating and
financial results to differ materially from current expectations
include, but are not limited to: the impact of the credit crises on
Ariba’s results of operations and financial condition; delays in
development or shipment of new versions of Ariba's products and
services; lack of market acceptance of Ariba's existing or future
products or services; inability to continue to develop competitive
new products and services on a timely basis; introduction of new
products or services by major competitors; the impact of any
acquisitions, including difficulties with the integration process
or the realization of benefits of a transaction; the impact of our
disposition, including the potential disruption of our ongoing
business; the ability to attract and retain qualified employees;
long and unpredictable sales cycles and the deferrals of
anticipated orders; declining economic conditions, including the
impact of a recession; inability to control costs; changes in the
company's pricing or compensation policies; significant
fluctuations in our stock price; the outcome of and costs
associated with pending or potential future regulatory or legal
proceedings; the impact of our acquisitions and dispositions,
including the disruption or loss of customer, business partner,
supplier or employee relationships; and the level of costs and
expenses incurred by Ariba as a result of such transactions.
Factors and risks associated with its business, including a number
of the factors and risks described above, are discussed in Ariba's
Form 10-Q filed with the SEC on May 4, 2012.
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