Probe CAMS Goes Paperless with Ariba
Company leverages Quadrem Network to fully automate invoicing process, improve efficiencies and control
SUNNYVALE, Calif.--(BUSINESS WIRE)-- For many companies, automating the invoicing process means scanning and emailing documents. Probe CAMS Systems Pty Ltd took this as a first step toward improving time and cost-intensive manual processes that were hampering its operations. But the company soon realized it needed a better solution.
We had a huge backlog on a significant amount of invoices where no action was taking place, said Nicolas Glossoti, Managing Director and Eve Selling Consultant Debtors, Probe CAMS.
So the company turned to Ariba, Inc. (ARBA) and its Quadrem Network for help. Used by buyers and suppliers across industries in more than 40 countries on six continents, the Quadrem Network allows companies to electronically connect and manage procurement activitiesfrom RFQ reception and response, order confirmation, and invoice submissionmore efficiently and effectively than ever before.
Probe CAMS initially tapped into the Quadrem Network and the cloud-based invoicing solutions delivered within it to electronically receive invoices. But the company has since leveraged the platform to:
- Gain greater visibility into full order history, from purchase through payment
- Enhance data accuracy across transactions
- Eliminate duplicative work
- Reduce processing costs
- Speed cycle times
- Strengthen audit trail and controls
- Improve forecasting
There was a lot of unreliability with our previous system of emailing documents, Glossoti said. With electronic invoicing, we have been able to consolidate our process and better manage and control it across our organization.
Probe CAMS joins a growing number of buying and selling organizations in the Southern Hemisphere that are leveraging Aribas network and cloud-based solutions to improve their performance and profits, including: Alcoa, Ambatha Clothing, Anglo American, BHP Billiton, Nestlé, Robbies Electrical, Rio Tinto and Vale, among others.
In todays business world, who you know and how you connect with them will ultimately determine your success, said Deon Mocke, Regional Vice President, Quadrem Africa. To gain competitive advantage, companies must look beyond the four walls to connect and collaborate more efficiently with their customers and suppliers. And as innovative organizations like Probe CAMS have found, Aribas Quadrem Network is an ideal platform to do just this.
For more information on Aribas solutions and the value they can deliver to your organization, visit www.ariba.com.
About Ariba, Inc.
Ariba, Inc. is the worlds 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
Copyright © 1996 2012 Ariba, Inc.
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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 Aribas 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 5, 2012.
Karen Master, 412-297-8177
Source: Ariba, Inc.Copyright Business Wire 2012