Ariba Named Best Electronic Invoice Presentment and Payment Services Provider

Business Wire, March 18, 2008

Company Claims Top Spot in Global Finance Magazine's Annual Ranking of World's Best Treasury and Cash Management Providers for Second Straight Year

SUNNYVALE, Calif. -- Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that it has again been recognized as "Best Electronic Invoice Presentment and Payment Services Provider" by Global Finance Magazine. For the second time in two years, Ariba has claimed the top spot in the publication's annual ranking of the World's Best Treasury and Cash Management Providers. Ariba was selected on the basis of its market leadership, superior customer service, competitive pricing and innovative technology.

"In today's volatile global economy, treasurers need access to tools and process that allow them to maximize their capital," said Global Finance Magazine publisher Joseph D. Giarraputo. "Our awards are designed to identify providers of solutions that improve transaction processes to speed collections, reduce risks and help finance executives achieve this goal."

Ariba provides a comprehensive range of on-demand spend management solutions that enable large and growing enterprises to develop and implement a highly integrated cash management strategy while improving the efficiency of the entire procure-to-pay cycle. Ariba's Invoice Professional([TM]) On-Demand solution and the Ariba Supplier Network([TM]) effectively enable companies to optimize their invoicing and reconciliation processes to achieve straight through processing and generate measurable and sustainable results, including:

* Reduction of paper invoicing volume by more than 60 percent.

* Decrease in PO-Invoice error rates by over 50 percent.

* Trimming of invoice & payment cycle times by 75 percent.

* Capture of negotiated and early-pay discounts otherwise lost to manual processes.

* Bulk enablement of several thousand suppliers in months rather than years.

A robust and flexible offering that can be quickly deployed and easily configured to meet unique business needs and processes, Ariba Invoice Professional On-Demand provides comprehensive receipt, validation, matching, payment and reconciliation capabilities that enable Accounts Payable organizations of all sizes to eliminate the inefficiencies of enabling suppliers, expand the breadth of supplier performance and align cash management needs with accounts payable practices.

With more than 160,000 registered suppliers in 115 countries engaging in transactions worth more than $100 billion a year, the Ariba Supplier Network is one of world's largest open business transaction networks. Leveraging the network, companies can automate interactions with key trading partners to achieve efficiency and accuracy throughout the procure-to-pay cycle. Through Ariba Supplier Connectivity[TM], companies using ERP systems can seamlessly connect to the network and reap the benefits that it provides.

"While ERP systems and EDI have made Accounts Payable more efficient over the years, they have not done enough to help companies improve performance by reducing paper handling, eliminating errors at the source and enabling low-cost, external connectivity with all suppliers," said Drew Hofler, Senior Manager, Financial Solutions, Ariba. "With Ariba's Invoice and Payment solutions, companies have access to market leading technology embedded with industry best practices and a powerful trading network which they can leverage to streamline and enhance the Accounts Payable function and deliver immediate, measurable and sustainable results."

For more information on Ariba Invoice and Payment solutions and the results they are delivering for companies around the world, please visit www.ariba.com.

About Ariba, Inc.

Ariba, Inc. is the leading provider of spend management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management[TM] software and services. Ariba can be contacted in the U.S. at 1.650.390.1000 or at www.ariba.com.

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