Genpact and Ariba Expand Alliance to Deliver Procure-to-Pay Solution

  Genpact and Ariba Expand Alliance to Deliver Procure-to-Pay Solution

   Combination of Genpact’s Sourcing and Procurement Process Expertise and
  Ariba’s Cloud-Based Applications Helps Companies to Improve Visibility of
             Procurement Processes and Drive Greater Cost Savings

Business Wire

BARCELONA, Spain -- May 29, 2012

Genpact Limited (NYSE: G), a global leader in business process and technology
management, and Ariba, Inc. (Nasdaq: ARBA), the world’s business commerce
network, today announced that they have expanded their alliance beyond invoice
solutions to encompass the full suite of Ariba’s cloud-based collaborative
business commerce solutions into Genpact's source-to-pay offering. Genpact
will combine Ariba’s solutions with its comprehensive service offerings to
create a new turnkey offering that will enable medium to large enterprises to
improve their visibility into the procurement process and drive greater cost
savings. The news came during Ariba LIVE Barcelona, the business commerce
event of the year.

This collaboration brings to market a powerful services and technology
offering that allows enterprises to fully realize the potential of the
source-to-pay cycle. Utilizing Genpact’s unique Smart Enterprise Process
(SEP^SM) methodology, in conjunction with the Ariba’s cloud-based
collaborative commerce applications, will give companies access to
industry-leading technologies, standardized practices and strong global
relationships. Genpact will leverage its global delivery network to support
strategic, transactional and operational source-to-pay processes for companies
in multiple industries including life sciences, banking and financial
services, consumer product goods (CPG), and manufacturing.

The joint solution will provide clients with access to all aspects of the
Ariba Collaborative Commerce Platform including:

  *Cloud-based applications for spend analytics, eProcurement, eSourcing,
    supplier performance management, contract management, working capital
    management and eInvoicing;
  *A community of partners through which they can quickly discover, qualify,
    connect, and collaborate with trading partners; and
  *Capabilities in the form of best practices, community-derived intelligence
    and other unique features or services that are only available to members
    of the community, such as unique analytics, preferred financing, and
    ratings.

“Genpact is excited to expand our alliance with Ariba, as this significantly
enhanced offering combines the full range of Ariba’s collaborative commerce
solutions with Genpact’s procurement services led by our SEP framework for
making business processes much more effective,” said Shantanu Ghosh, senior
vice president, Practices, Solutions and Transitions, Genpact. “Our offering
not only rapidly reduces the total sourcing and procurement costs, but enables
companies to have a high level of visibility and control of their sourcing and
procurement process. The combination of these smart processes and smart
technologies will result in substantially better business outcomes.”

“Social networks have revolutionized our personal lives, and the technologies
underlying them are now helping to transform business,” said Jon Stevens,
senior vice president of Global Channels and Alliances, Ariba. “As partners
like Genpact recognize, the Ariba Network is an ideal platform through which
companies can discover, connect and collaborate with their trading partners
and drive process improvements that positively impact their performance and
bottom line.”

Genpact employs its unique SEP^SM methodology to implement best-in-class
practices across sourcing and procurement organizations for both direct and
indirect materials. SEP^SM is driven by Lean and Six Sigma-based
reengineering, analytics, domain expertise, and smart technology execution and
delivers 2-5 times higher impact on key business outcomes like reduction in
total cost of ownership (TCO), working capital optimization, and availability
of material and services. SEP^SM provides clear linkages between performance
measures, drivers and business outcomes, as well as a clear roadmap for
improvements.

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.

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

About Genpact

Genpact Limited (NYSE: G), a global leader in business process and technology
management services, leverages the power of smarter processes, smarter
analytics and smarter technology to help its clients drive intelligence across
their enterprise. Genpact’s Smart Enterprise Processes (SEP^SM) framework, its
unique science of process combined with deep domain expertise in multiple
industry verticals, leads to superior business outcomes. Genpact’s Smart
Decision Services deliver valuable business insights to its clients through
targeted analytics, reengineering expertise, and advanced risk management.
Making technology more intelligent by embedding it with process and data
insights, Genpact also offers a wide range of technology services. Driven by a
passion for process innovation and operational excellence built on its Lean
and Six Sigma DNA and the legacy of serving GE for more than 15 years, the
company’s 56,000+ professionals around the globe deliver services to its more
than 600 clients from a network of 64 delivery centers across 17 countries
supporting more than 30 languages. For more information, visit
www.genpact.com. Follow Genpact on Twitter, Facebook and LinkedIn.

Contact:

Genpact Media Relations
Gail Marold, +1 919-345-3899
gail.marold@genpact.com
or
For Genpact U.S.
Barbara Tate, +1 212-880-5338
barbara.tate@ogilvy.com
or
For Ariba
Karen Master, +1 412-297-8177
Kmaster@ariba.com
 
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