Spend Matters 50/50: Hubwoo – A Provider to Know in 2015

Spend Matters Almanac

Hubwoo is one of our 50 Providers to Know. We will be highlighting 100 companies (50 to Know, 50 to Watch) from our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs.

Hubwoo, like its new corporate parent, Perfect Commerce, is a solution provider with deep "co-opetition" history with SAP.  Its supplier network clearly competes with Ariba's supplier network — offering suppliers a no-fee model for basic listing and transitional services.

In addition to catalog management, e-invoicing workflow, connectivity, and an e-procurement 'skin' (OEM'd from Simplifying IT) that enables organizations to “surround” SAP deployments and preserve their investment, Hubwoo also partners with SAP to provide a hosted managed service of SAP Sourcing and Contract Lifecycle Management (including version 10), applications that SAP has announced it will discontinue support for by the end of 2015. Hubwoo also provides industry support for global industries like large petrochemical firms that use it for its industry-specific functionality but also for support for strong encryption capabilities, data centers outside the U.S., and support for data privacy that's important in a business network environment.

Hubwoo's long-term product future inside Perfect remains potentially uncertain as the inevitable production rationalization efforts begin — not to mention its hosting relationship with SAP. Yet today, Hubwoo brings a rather unique set of combined capabilities and expertise to procurement organizations looking for a specific set of offerings by capability, product or industry.

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