For the eighth straight year, Ariba,
an SAP company, has been named to the Supply & Demand Chain Executive
Top 100 - this time for helping companies achieve excellence in the
cloud through its applications and business network. Focused on “100
Great Supply Chain Projects,” this year’s awards highlight initiatives
that deliver bottom-line value to small, medium and large enterprises
across a range of supply chain functions. Ariba was recognized for
helping Mediafly,
a Chicago-based company that delivers an enterprise mobility platform
enabling Fortune 500 companies to transform their data and content into
compelling mobile experiences, to more efficiently manage its working
capital and fuel innovation and growth.
“Our goal with this year's ‘100’ was to put the spotlight on successful
and innovative transformation projects that demonstrate the broad
spectrum of opportunities for enabling excellence in the supply chain,”
said Barry Hochfelder, Editor of Supply & Demand Chain Executive. “The
work that Ariba has done to help companies like Mediafly serves as a
roadmap for supply chain executives looking to drive improvement in
their own operations, and we are pleased to recognize their efforts as
part of the 2013 Supply & Demand Chain Executive 100.”
In today’s uncertain economy, cash is tough to come by. Particularly for
startup ventures. But using the invoice
and payment solutions delivered on the Ariba®
Network. Mediafly was able to access to the capital it needed to
support its operations and drive growth.
When one of its clients requested that transactions be done on the Ariba
Network, Mediafly began sending all of its invoices electronically. “We
went from quote to settlement in 14 days instead 30 and 90,” says John
Evarts, the company’s Chief Operating Officer and Chief Financial
Officer.
And by taking advantage of a dynamic
discounting program that the customer offered via the Ariba Network,
Mediafly was able to tap into cash needed to take its operations to the
next level.
“For a few basis points, we got quicker access to the capital we needed
to hire developers and get to the next set of features in our products,
which accelerated revenue and ultimately generated cash,” Evarts added.
Online social networks have upended the consumer world by connecting
people and information in new ways. And as Ariba and Mediafly
demonstrate, business networks are driving a similar transformation in
the corporate realm.
“By leveraging Ariba’s cloud-based applications and network to more
efficiently engage with trading partners, companies like Mediafly are
forging a new, more social and connected way of operating that is
redefining the way business is done,” said Rachel Spasser, Senior Vice
President, Marketing, Ariba.
More than 1 million companies in 190 countries are connected to the
Ariba Network and using it to deliver game-changing gains in
productivity, collaboration and agility across the entire value chain of
suppliers, partners and customers. To learn more about the network and
the value it can deliver, visit http://www.ariba.com/community/the-ariba-network.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for
successful supply and demand chain transformation, utilizing
hard-hitting analysis, viewpoints and unbiased case studies to steer
executives and supply management professionals through the complicated,
yet critical, world of supply and demand chain enablement to gain
competitive advantage. On the Web: www.SDCExec.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 AribaNetwork 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 238,000 customers to
operate profitably, adapt continuously, and grow sustainably. For more
information, visit www.sap.com.
About Mediafly
Mediafly is a Mobile Apps as a Service (MAaaS) provider based in
Chicago, IL. Incorporated since 2006, Mediafly enables the world’s most
admired companies to bridge the gap between their compelling content and
the diverging range of mobile devices. Mediafly’s enterprise mobility
platform transforms data and content into compelling mobile experiences
and enables companies to elevate their business interactions. For more
information, visit: www.mediafly.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.
Copyright Business Wire 2013