Business-to-Business Hub enables next generation of enterprise collaboration

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Paris, January 27, 2009, Hubwoo (Euronext: HBW.NX), the world’s leading provider of on-demand procurement solutions for the SAP community, today announced new on-demand solutions and growth milestones


Business-to-Business Hub enables next generation of enterprise collaboration

Hubwoo announces new cross-enterprise master data exchange capabilities, next generation procurement search capabilities, and significant supplier network growth.

Paris – February 4, 2010 – Hubwoo (Euronext: HBW.NX), the world’s leading provider of on-demand procurement solutions for the SAP community, today announced new on-demand solutions and growth milestones for its Collaboration Hub. The new Master Data Exchange and next generation catalog Search are now live globally enabling organizations to rapidly increase their spend under management. Supplier community volumes have grown 75% in 2009 to over 70,000 active suppliers at the end of the year.

Hubwoo’s Collaboration Hub has been enabling global commerce for over a decade. From its roots as a business-to-business supplier network, it has always been at the forefront of connecting companies via automated transaction exchange. Over the decade, the Hub has grown into a collaboration community between trading partners of all sizes, as well as across an enterprise’s own disparate business systems. Key areas the Collaboration Hub cover are:

  • Supplier Enablement – An outsourced service of people, processes, and technologies to significantly increase
         spend under management in procurement initiatives.
  • Connect Once, Connect to All – A single point of integration to connect to an enterprise’s entire trading partner
         community
  • Business Transactions – Guaranteed delivery of business transactions from purchase orders, to change
         orders, to advance shipping notices, to invoices, to payment advice.
  • Dispute Management – Collaborative dispute management, tracking, and resolution across the spectrum of
         business transactions.
  • Cycle time reduction – Efficiency and cash flow benefits for both buyers and suppliers.
  • Catalog Content Management - Self-service capabilities for buyers and suppliers to deliver high quality content
         for maximum spend capture and contract compliance. Powerful auditing and approval capabilities to maximize
         effectiveness and minimize effort.
  • Search Engine - Intuitive multi-supplier search engine to foster wider user adoption, and cover a full range of
         both goods and services categories.
  • Invoice Management – Invoice presentment, validation, matching, legal compliance, and digital signature
         management to cover global regulations.


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