At the PayStream Advisors "Fast Track to Purchase to Pay Automation" Summit, held Sept. 17-19 in Charlotte, NC, Ariba received the Technology Excellence Award as the Leading P2P Technology in 2012. Judges on the PayStream P2P Advisory Board reviewed submissions and made their recommendations based upon solution features and customer results. Ariba's award was handed out at the day one luncheon by Henry Ijams, founder and managing director of PayStream Advisors.
This recognition reflects the value that Ariba delivers to organizations looking to streamline their P2P processes for business advantage. The return on investment from Ariba comes from several areas: operational cost savings; improved compliance to contracts, preferred suppliers and negotiated prices; expansion of early payment discounts; and the ability for buyers and suppliers to better manage working capital.
To hear Henry Ijams discuss the return on invesment from Ariba, listen to his comments from Ariba Live earlier this year:
Thanks to Henry Ijams and the PayStream Advisors team and advisory board for this award. And thanks to Ariba customers, and Ariba team members, for their contribution to this recognition.