Thursay 24 May, 2012
Company to discuss use of on-demand offerings to more efficiently manage trading relationships and deliver bottom-line results at Ariba LIVE Barcelona
As the global economy continues on its volatile and uncertain path, companies around the world are seeking ways to minimise their costs and risk. Fomento de Construcciones Y Contratas (FCC), one of Europe’s leading construction and services firms, has found one in Ariba, Inc., a leading provider of collaborative business commerce solutions.
On 30th May, the company, which is headquartered in Barcelona and provides environmental services and water management, construction of large infrastructure, cement and renewable energy production in 54 countries worldwide, will discuss how it has implemented a range of Ariba’s cloud-based solutions to build a world-class procurement function that is delivering savings and efficiencies across its operations on mainstage at Ariba LIVE Barcelona, the business commerce event of the year.
"FCC allocates two thirds of their income to paying suppliers and subcontractors. Accurate and effective management of these important economic resources is one of the main challenges faced by a large group, in the context of addressing the challenges of the current economy," said Juan Carlos Montejano, Management Purchasing Director for FCC.
To achieve this goal, FCC, a 2012 Ariba Excellence Award winner in the category of procurement effectiveness, has implemented a range of Ariba’s cloud-based solutions, including Ariba® Sourcing™ On-Demand, Ariba Contract Management™, Ariba Supplier Information and Performance Management™ , Ariba Procure-to-Pay™ and Ariba Invoice Management™ .
“The economic downturn has certainly taken a toll on the global market for construction and engineering firms,” said Ted Kondis, Vice President and EMEA General Manager, Ariba. “By implementing Ariba’s solutions to consolidate its spend and mine savings, FCC can maintain its competitive advantage and position itself for future growth.”
Delivered completely on-demand via the Ariba® Network, Ariba’s cloud-based solutions combine 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 offerings, 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.
"With Ariba’s solutions in place, we're making significant improvements in contracting conditions, working with leading companies to maintain or increase the quality of the contract, and in ensuring compliance with these conditions, as well as electronically managing orders and invoices," said Montejano.
And they have been able to do so quickly and easily as a result of leveraging the cloud model. “Ariba’s on-demand solution is very efficient in terms of cost and rapid implementation," said Montejano.
Montejano will share his full story on mainstage at Ariba LIVE Barcelona 30th May. For more information on the event, or to register, visit: www.aribalive.com.