NSG Group Makes Cash Flow Smarter With Ariba

SUNNYVALE, Calif., Jun 08, 2010 (BUSINESS WIRE) -- Ariba, Inc. /quotes/comstock/15*!arba/quotes/nls/arba (ARBA 14.41, +0.03, +0.21%) , the leading provider of collaborative business commerce solutions, today announced that it has expanded its relationship with the NSG Group, one of the world's largest manufacturers of glass and glazing products.

Under the terms of a new agreement, the NSG Group will tap into the comprehensive range of financial solutions available in the Ariba(R) Commerce Cloud, to transform its invoice and payment processes and optimize its cash flow and operations. The NSG Group has been using Ariba as the platform for managing its business commerce activities since 2006 and has already implemented Ariba Sourcing(TM), Ariba Contract Management(TM), Ariba Supplier Information and Performance Management(TM) and Ariba Savings & Pipeline Tracking(TM).
 
"In today's economy, cash is king. But managing it is a challenge," said Tom Rae, CPO, NSG Group. "To be successful requires visibility and control, and Ariba's solutions provide us with technology and processes that will enable us to gain both."
 
The NSG Group will implement Ariba's financial solutions across its global operations to enhance the efficiency and effectiveness of its accounts payable function. Among the solutions the company will use: Ariba Invoice Automation(TM), Ariba Purchase Order Automation(TM) and Ariba Discount Management(TM).
 
Read more here.

600450 NSG Group Makes Cash Flow Smarter With Ariba glassonweb.com
Date: 10 June 2010
Source: Marketwatch.com

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