cc-hubwoo And Procuri Launch Global Partnership

Paris, France and Atlanta, GA - cc-hubwoo and Procuri recently announced a strategic partnership to deliver spend analysis, strategic sourcing, e-procurement, contract management, supplier enablement and supplier management solutions on a global basis. Under the partnership, cc-hubwoo will aim to resell Procuri's market-leading On Demand supply management solutions, bringing comprehensive supply management solutions to cc-hubwoo's global community of buyers and suppliers, the Enterprise Supply Network™. The worldwide reseller agreement, exclusive in France and Germany, will expand and complement Procuri's existing marketing and sales efforts. Additionally, cc-hubwoo will leverage Procuri's market presence in North America to further drive adoption of its e-procurement and supplier enablement offerings. Sold under the brand "cc-hubwoo powered by Procuri", the solutions are believed to be immediately available.

cc-hubwoo's On Demand supplier relationship management solutions allow companies to automate procurement processes, connect with suppliers, access customized electronic catalogs and execute electronic transactions and settlement. With Procuri's solutions, cc-hubwoo says that their customers gain new ability to negotiate and manage best-value agreements and streamline existing processes with best-in-class spend analysis, strategic sourcing, contract management, and supplier management capabilities. Both companies deliver their solutions On Demand, eliminating the need to install software or hardware, speeding implementation and time-to-value cycles, and reducing risks and total cost of ownership. Procuri's solutions are believed to reduce costs and improve the entire spend process for more than 350 organizations in 180 countries.

"cc-hubwoo and Procuri subscribe to the same On Demand business philosophy for delivering low risk, high value supply management solutions coupled with exceptional customer service," said Procuri President and CEO, Mark Morel. "Our relationship with cc-hubwoo is an example of how Procuri meets worldwide customer needs by leveraging our partner ecosystem to extend our solution offerings."

SOURCE: cc-hubwoo and Procuri