Lantmännen Enhances Procurement in the Cloud

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions, today announced that it has signed an agreement with Lantmännen, a leading Nordic food, farming and energy group. Under the terms of the deal, Lantmännen will leverage the Ariba^® Commerce Cloud to drive a more efficient procure-to-order process and better manage supplier relationships on an enterprise-wide basis.

“Lantmännen has always recognized that the key to success lies in innovation”

“With operations and suppliers spread across the EMEA region, it is imperative that we have a solution through which we can centrally manage our procurement process,” said Per Hill CPO, Lantmännen. “The Ariba Commerce Cloud provides us with easy access to tools we can use to manage orders and relationships with key trading partners more efficiently and effectively than ever before.”

A web-based platform for buying, selling and managing cash, the Ariba Commerce Cloud provides companies with everything needed to fuel collaborative inter-enterprise commerce, including market-leading technology, expert skills and capabilities and the world’s largest global trading community.

Within the cloud, Lantmännen will leverage Ariba Procure-to-Order^™. Part of Ariba’s market-leading Procure-to-Pay^™ solution, Ariba Procure-to-Order enables companies to fully-automate the order management process and seamlessly connect to ERP systems for receiving and invoice reconciliation.

“With Ariba Procure-to-Order, we can link all our users and data through one flexible interface and gain the visibility we need to make optimal business decisions,” Hill added.

Lantmännen can also tap the Ariba Network to better manage its trading relationships. “With a growing number of suppliers across EMEA, we need a cost-effective way to onboard and manage them regardless of their size or location,” Hill said.

With more than 300,000 global businesses, The Ariba Network is the world’s largest Web-based trading community and the most effective way for buyers and sellers to discover, connect and collaborate for better commerce.

“Lantmännen has always recognized that the key to success lies in innovation,” said Henrik Smedberg, Ariba Nordics. “In moving procurement to the Ariba Commerce Cloud, the company is again at the forefront, tapping a new breed of solutions through which it can drive more efficient commerce and greater results.”

About Lantmännen

Lantmännen is one of the largest food, energy and agriculture groups in the Nordic region. The group is owned by 37,000 Swedish farmers, employs 10,500 staff, has operations in 18 countries and a turnover of 35,1 BSEK.

About Ariba, Inc.

Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba combines industry-leading software as a service (SaaS) technology to optimize the complete commerce lifecycle with the world's largest web-based community to discover, connect and collaborate with a global network of trading partners and expert capabilities to augment internal resources and skills, delivering everything needed to control costs, minimize risk, improve profits and enhance cash flow and operations – all in a cloud-based environment. Whether you’re buying, selling or managing cash, you can do it more efficiently and effectively in the Ariba® Commerce Cloud. Over 300,000 companies, including more than 80 percent of the Fortune 500, use Ariba’s solutions to drive more efficient inter-enterprise commerce. Why not join them? For more information on Ariba commerce solutions and the results they deliver, visit www.ariba.com

Ariba, the Ariba logo, AribaLIVE, SupplyWatch, 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 or dispositions; the ability to attract and retain qualified employees; difficulties in assimilating acquired companies, 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, 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 August 5, 2010.