New Free Program Highlights Your eCommerce Capabilities to Buyers: Ariba FastTrack Invoice

What Is Ariba FastTrack Invoice?
Ariba© FastTrack Invoice is a new, free program designed to identify and promote to buying organizations specific suppliers who have demonstrated the ability to send electronic invoices on the Ariba® Supplier Network™. This gives eCommerce-savvy suppliers a great way to showcase their abilities to customers, and helps buyers expedite and gain faster ROI from their eInvoicing initiatives.

How Will FastTrack Benefit Me?
Buying organizations that are launching eInvoicing initiatives are eager to demonstrate success as fast as possible, and the Ariba sales and deployment teams recommend FastTrack suppliers to help them meet this goal. By giving these companies immediate confidence in your eInvoicing capabilities, FastTrack positions you as a vendor buyers can quickly transact with electronically. It also provides a no-cost way to broaden your marketing exposure and better leverage your eInvoicing investment to win more business.

Ariba FastTrack is generating significant new business for participants, with five suppliers transacting with nine new customers via the Ariba Network in just four months.

In addition, you continue to gain all the benefits of electronic invoicing—including getting paid faster, decreasing your processing costs, and reducing day sales outstanding (DSO) by 20 percent or more. Ariba offers support for multiple tools that make eInvoicing easy, including PO Flip™, cXML, and EDI. To learn more, read "Seven Tips You Should Know When Implementing Electronic Invoicing."

What Are the Requirements to Participate in FastTrack?
To become an Ariba FastTrack Invoice participant, you must currently be invoicing at least one customer via the Ariba Network and be willing to provide contact information to interested buyers to facilitate implementation of the eInvoicing process.

Once accepted into the program, you'll be required to provide electronic invoices to new customers within thirty days of receiving their request. You’ll also need to agree to let Ariba promote you as a FastTrack supplier. Last but not least, you must also complete and maintain your profile on the Ariba Network.

How Do I Get Started?
Signing up for FastTrack is very easy and takes just a few minutes. Simply go to http://www.ariba.com/supplier/invoiceandpayment/fasttrack and click on "Apply Now" at the bottom of the page. This will lead you to the "Terms of Participation" form, which you can fill out and fax or mail to Ariba. You’ll receive an email confirmation from Ariba about your acceptance into the program once your application has been reviewed. After that, buying organizations will contact you directly about potential business opportunities.

Don't wait to take advantage of this valuable new way to increase your prominence with Ariba buying organizations. Sign up for FastTrack Invoice today.