Ariba launches ‘cheaper’ spend software for SMEs

Ariba is to undertake a radical shift in strategy that will see it target smaller businesses.

The spend management firm, which has historically sought clients among the top 500 global companies, has launched software that is “cheaper and easier to use”.

The launch follows Ariba’s financial results covering the 12 months to the end of September. The firm reported a net annual loss for 2005 of $349.6 million (£198 million) compared with a loss of $25.2...

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