Hubwoo

Hubwoo is a publicly traded company founded in 1999 by SAP and private French Investors that specializes as a cloud-based spend management and business process automation solutions provider based on SAP technologies. Having started as a pioneer B2B online commerce marketplace, Hubwoo has since grown to over 300 employees in locations throughout Europe, North America, and Asia.

Hubwoo
IndustryInternet Software & Services
Founded1999
Headquarters
Paris, France
,
F.R.
Area served
World Wide
ProductsBusiness Network, Source-to-Pay process automation solutions [1]
Websitewww.hubwoo.com

Hubwoo is headquartered in Paris , and is listed on the Eurolist of NYSE Euronext under the symbol HBW since September 27, 2000.[2]

Products
  • The Business Network: Hubwoo offers end-to-end catalog and spend management solutions primarily through a product called The Business Network. The Business Network has more than 150 large enterprise buying customers, 130 million cataloged items, 300,000 daily users in more than 70 countries, while storing all data in Europe.[3]
  • Sourcing Management: Supplier Referencing, RFX and auctions.
  • Contract Management: Contract Repository.
  • Catalog Management: Hubwoo offers more than 130 million cataloged items.
  • Order Management: A user interface that sits on top of SAP ECC, SAP SRM, or PeopleSoft installation, to generate orders, track them, and approve goods and services.
  • Invoice Management: Match and approve eInvoicing.
  • Master Data Exchange: Exchange Data between Suppliers/Buyers, ERPs and Spend Management Platform.

Acquisitions and Partnerships

Hubwoo’s first international acquisition was Chemplorer – a German-based online marketplace primarily dedicated to technical goods, services, and MRO purchasing in the chemical and pharmaceutical industries.[4]

Then in 2005, Hubwoo bought Houston-based Trade Ranger who specialized in oil and gas online procurement.[5]

In 2014, Hubwoo formed a strategic partnership with GEP in order to solidify more reporting and analytics in the eProcurement software industry.[6]

In 2015, Hubwoo was acquired by Perfect Commerce [7]

References
  1. Spend Matters "" June 20, 2013. Retrieved April 17, 2015.
  2. Ardent Partners Company Profile "." December 1, 2012. Retrieved April 17,2015.
  3. 50 providers to know "." April 23, 2014. Retrieved April 17,2015.
  4. Worldwide Company Profile "." April 7, 2015. Retrieved April 7,2015.
  5. "CC-Hubwoo to acquire Trade Ranger (October 2004)". Oil IT. October 1, 2004. Retrieved October 1, 2004.
  6. "Hubwoo and GEP - A Christmas offering to their customers". APN. December 19, 2013. Retrieved December 19, 2013.
  7. "Perfect Commerce Completes Acquisition of Hubwoo S.A." APN. September 14, 2015. Retrieved March 2, 2016.
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