Hubwoo Announces Availability of the SAP® Sourcing and SAP CLM 10.0 Solutions

April 2, 2015

Company Helps Customers Maximize Existing Investments in Source-to-Pay Technologies and Achieve Procurement Excellence

PARIS – April 2nd, 2015 – Hubwoo (Euronext: HBW.NX), a leading provider of comprehensive spend management and business process automation solutions, today announced the immediate availability of the SAP® Sourcing and SAP Contract Lifecycle Management (SAP CLM) 10.0, hosted by Hubwoo.

This new offering comes as part of Hubwoo’s continued commitment to provide its customers with the people, process and technology to help them realize the full savings potential of their source-to-pay investments and achieve procurement process excellence throughout their global organizations.

Hubwoo has been providing its customers with solutions powered by SAP software, securely hosted in Europe, since 1999.

With Hubwoo’s hosted solution of SAP Sourcing and SAP CLM 10.0, users can remain on a familiar platform and retain their current data sets, thereby minimizing the data-transfer challenges that are characteristic of solution migration.

With SAP Sourcing and SAP CLM 10.0, Hubwoo customers can expect to benefit from an accelerated head start on achieving business value with these leading-edge solutions that provide improved user experience and connectivity, and reduced total cost of ownership.

Customers can also benefit from Hubwoo’s strong technical and functional support that comes with over 15 years of consulting and technical configuration services experience. Customers will have access to installation and configuration support for a smooth implementation and reduced project risk.

Hubwoo will provide customers with extensive coaching and support for the scoping and execution of the project, as well as intensive monitoring. In addition to implementation support, customers will also have access to Hubwoo’s Adoption programs, which help ensure that sourcing processes are better aligned and implemented across the business.

As with all Hubwoo customers, users of SAP Sourcing and SAP CLM 10.0 will have access to Hubwoo’s multi-lingual Global Customer Support team, which provides around the clock technical support and training services, as well as a named account advocate who is responsible for the success of their operational goals and initiatives.

Greg Mark, CEO of Hubwoo said: “We are pleased to announce the availability of SAP Sourcing and SAP CLM 10.0 “as a service” from Hubwoo. Our experience and knowledge of the underlying architecture of these solutions makes it possible for us to extend them into areas such as project costing and resourcing, advanced savings and benefit tracking, business benefit delivery and KPI tracking and increase the value they deliver for our customers.”

More About SAP Sourcing and SAP CLM 10.0:

SAP Sourcing covers the entire strategic source-to-contract process across all categories of spend. It consists of a
suite encompassing the SAP Strategic Sourcing solution, SAP CLM and SAP Supplier Relationship Management. SAP Sourcing enables customers to drive sustainable cost savings while ensuring sustainable sourcing processes.

This solution provides key features supporting project management, requests for information, proposals, and quotations and effective auctions. SAP CLM lets customers optimize corporate contracts by automating contract creation, enhancing visibility, improving compliance and delivering rapid time to value. By managing the entire contract lifecycle consistently across the enterprise, customers can realize the full value of their contracts, resulting in higher profits and lower legal and financial risk.

About Hubwoo (www.hubwoo.com)

Hubwoo connects companies, providing comprehensive spend management and business process collaboration for both goods AND services in the cloud through The Business Network.

Our solutions integrate with any ERP or procurement system, providing our customers with an intuitive, one-stop purchasing experience, which drives adoption, compliance and savings.

Significant customers include BASF, Honeywell, Shell, Evonik, EDF, Nokia, Nationwide, Michelin, Henkel, Statoil, CONSOL Energy, EcoPetrol, Campbell’s, Burton’s Foods, and The Dow Chemical Company. Hubwoo’s global partnerships include GEP, Microsoft, SAP, IBM and Dun & Bradstreet.

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Contacts
Jessica Warren (Senior Director – Head of Marketing and Communications)
E-mail: pressandmedia@hubwoo.com
Follow us on Twitter: @Hubwoo and LinkedIn: http://linkedin.com/company/hubwoo

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