Source: Ariba
Ariba, Inc. (Nasdaq:ARBA), the leading Enterprise Spend Management (ESM) solutions provider, today announced that Credit Suisse, the global financial services company, has completed the first phase of its extended ESM initiative, implementing Ariba Analysis to complement its existing Ariba Buyer solution.
Credit Suisse has initially deployed Ariba Spend Management solutions to its Swiss-based employees.
"We recognise the benefits of using Ariba Analysis to get a true picture of spending across our entire organisation," said Thomas Schnadt, chief procurement officer at Credit Suisse. "Through more streamlined spend management processes, based on Ariba Spend Management solutions, we will generate further synergies."
"By expanding its use of Ariba solutions, Credit Suisse is delivering on its spend management vision. Credit Suisse is an excellent example of a company committed to enhancing the way it does business by building a core competency in spend management," said Steve Muddiman, vice president EMEA Ariba. "We look forward to maintaining our close working relationship with Credit Suisse to help ensure it achieves its wider spend management objectives."
By providing visibility into, and control of, spend across all categories, systems, and divisions throughout the entire source-to-pay cycle, Ariba Analysis helps businesses identify opportunities for savings and drive significant reductions in spend enterprise-wide.