Hubwoo Announces Partnership With Odesma Ltd

Paris /PRNewswire/ - Hubwoo (Euronext: HBW.NX), a leading provider of comprehensive spend management and business process automation solutions, today announced a new partnership with Odesma Ltd, providers of business advisory solutions for improved procurement operation based in the UK.

The agreement will combine Hubwoo's business process automation solutions with Odesma's procurement expertise, helping both companies' clients realise more savings.

Odesma bring a fresh approach of advisory business, whose goal is to help clients create immediate and sustainable improvements in the performance of their business. This is done through a combination of experience and application of the best talent and technology in the market. Business & procurement solutions are enabled through the unique Procurement PeopleCloud®.

This new partnership comes as part of Hubwoo's continued commitment to its customers, to provide people, process and technology to help global companies realise the savings potential inherent within their Source-to-Pay process and achieve procurement process excellence.

The agreement enables Odesma to offer Hubwoo's spend management and automation solutions to its customer base, as part of Odesma's commitment to its customers to help them create immediate and sustainable improvements in the performance of their business.

Dr. Iain Russell, Hubwoo's Vice-President of EMEA Sales said: "The Odesma team are well-known and respected in the international procurement community. Their focus, and Hubwoo's, is on helping organisations get money to the bottom-line. Odesma achieves this through independent analysis of processes and technology using the unique Procurement PeopleCloud®. This partnership represents a perfect blend of innovative procurement consulting and Cloud Source-to-Pay that forward-looking companies are demanding."

Ed Cross; Managing Director of Odesma, stated: "I am excited by the prospect of working closely with Hubwoo, our respective businesses are highly complementary, with Hubwoo's strength in easy to use and integrated SaaS based Source to Pay (S2P) solutions and Odesma's procurement advisory depth of experience. This enables Odesma and Hubwoo to provide a full suite of advisory and procurement technologies that ensure maximum spend control for current and potential customers."

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, Eni, Shell, Evonik, Microsoft, Nationwide,, Henkel, CONSOL Energy, Suramericana, ING and Cemex. Hubwoo's global partnerships include SAP, IBM, and TrustWeaver.