Reed Elsevier Writes New Rules for Procurement
Leading information provider to discuss use of cloud-based solutions to build high-performance organization and world-class processes at Ariba LIVE 2012
SUNNYVALE, Calif. – March 20, 2012 – Knowledge is power. Few companies know this better than Reed Elsevier. A world leading publisher and information provider, Reed Elsevier helps companies in the science and medical, legal, risk management, and business-to-business sectors make better decisions by arming them with leading-edge content. On Thursday, April 12, the company will take to the mainstage at Ariba LIVE 2012, to discuss how it is mining its own data to enhance its performance and competitive advantage, with the help of cloud-based solutions from Ariba, Inc. (NASDAQ: ARBA), the world’s business commerce network. The business commerce event of the year, Ariba LIVE 2012 will be help April 10-12 at Caesar’s Palace in Las Vegas.
“At Reed Elsevier, we are focused on creating authoritative content delivered through market-leading brands that enable our customers to find the data, analysis and commentary they need to support their business decisions,” said Leslie Campbell, Chief Procurement Officer, Reed Elsevier. “Within our own organization, we are applying the same principle, implementing solutions that allow us to gain a clear view into our spend data so that we can make informed decisions that align with our objectives and help us to optimize our performance and profits.”
Reed Elsevier has been using a range of cloud-based applications from Ariba to manage its sourcing activities, contracts and trading relationships since 2008, including Ariba® Sourcing™, Ariba Contract Management™, Ariba Supplier Information and Performance Management™ and Ariba Spend Visibility™. Most recently, the company began improving downstream activities via Ariba PO Automation and Invoice Management™.
Campbell will discuss how she and her team have been able to leverage these offerings to build a high-performance procurement organization and optimize processes during a keynote address at Ariba LIVE.
“Much like consumers who use social networks to manage their personal lives, companies are increasingly turning to business networks through which they can connect and collaborate more efficiently around key business processes,” said Tim Minahan, Chief Marketing Officer, Ariba. “Through Ariba, Reed Elsevier is able to access technologies, capabilities and a global community that have enabled it to simplify the complex procurement process and accelerate and enhance the results that it delivers.”
About Reed Elsevier
Reed Elsevier Group plc is a world leading provider of professional information solutions to the science and medical, legal, risk management, and business to business sectors. The group employs more than 30,000 people, including 16,000 in North America. Reed Elsevier reported revenues for 2011 of £6,002m/€6,902m. Reed Elsevier Group plc is owned equally by two parent companies, Reed Elsevier PLC and Reed Elsevier NV; the combined market capitalisation of the two parent companies is approximately £12bn/€14bn. Their shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RUK and ENL.
About Ariba, Inc
Ariba, Inc. 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 Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
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