This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Hubwoo Teams Up With Microsoft® To Enable B2B Collaboration In The Cloud

Stocks in this article: MSFT

PARIS, March 19, 2013 /PRNewswire/ -- Hubwoo (Euronext: HBW.NX), a leader in collaborative business networks, today announced that it has teamed up with Microsoft Corp (Nasdaq: MSFT) to help tens of thousands of Microsoft ERP customers with a step change in spend compliance and accounts payable automation . Through this global alliance, the two companies will integrate and jointly market The Business Network for Microsoft Dynamics ®, enabling businesses using Microsoft Dynamics AX with direct access to The Business Network by Hubwoo.  Phase I of the alliance is focused on customer savings in spend compliance and accounts payable business processes.  Phase II will address additional processes such as customer relationship management and accounts receivable automation among others.


" Traditional network models limit collaboration to the sharing of data between trading partners while never exposing, let alone extending, the business logic outside the four walls of an enterprise," said Gregory A. Mark, Chief Executive Officer, Hubwoo. " The pairing of Microsoft's agile ERP capabilities with Hubwoo's collaborative business network enables true multi-enterprise business collaboration across the entire commerce process. The result is incremental value for all network participants whether they are sourcing, buying, paying, marketing, selling, or invoicing."

The Business Network by Hubwoo is a collaborative B2B network that has saved companies hundreds of millions as a complement to their procurement and AP systems, and conversely drives revenue and process efficiency for the over one million businesses that exist on the network.  The Business Network merges three of the most pervasive technology drivers of the 21st century; community, search, and ratings, with an enterprise-class B2B commerce platform which, with the help of partners such as Microsoft, quickly scales to significant critical mass.

Businesses on the network gain value by achieving MORE. Namely:

  • More procurement savings – an average of 17% more compliant spend, resulting in 6-12% cost savings for every dollar or euro brought under contract compliance.
  • More early pay discounts – rules based invoice automation results in 90+% first time invoice match rates, allowing full potential for discounts on payment terms.
  • More revenue – additional orders from existing customers who put their approved suppliers on employees' desktops and mobile devices.
  • More opportunities – B2B marketing results with exponentially higher returns than traditional search engine ad word spend

Networked enterprises were 50% more likely than their peers to have increased sales, higher profit margins, gain market share, and be a market leader, per a 2011 McKinsey Global Institute report – "The Rise of the Networked Enterprise."

Uniquely designed to help companies be more agile and simplify decision-making, Microsoft Dynamics AX includes built-in capabilities for multiple industries and geographic regions, lets people make quick and easy changes to processes and personal experiences to fulfill the shifting needs of their business, no matter how complex the organization. The application gives people across the company the information they need to do their job, access to the Microsoft productivity tools they use every day, and built-in, contextual business intelligence, empowering better decisions.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs