PARIS, Oct. 23, 2013 /PRNewswire/ -- Hubwoo (Euronext: HBW.NX), a leading collaborative business network provider, today announced that it has earned the prestigious Golden Bridge Award for its cloud based Catalog & Search solution. The coveted annual Golden Bridge Awards program encompasses the world's best in organizational performance, innovations, products and services, case studies and product management from every major industry in the world. Organizations from all over the world are eligible to submit nominations including public and private, for-profit and non-profit, largest to smallest and new start-ups.
Catalog & Search for Consumer-like B2B Purchases
Catalog & Search, a module within The Business Network by Hubwoo, allows buyers to find on-contract goods and services in a centralized, multi-supplier search engine and place orders as easily as they would for online consumer purchases. Hubwoo manages over 130 million line items of goods and services catalogs in the cloud, the largest in the B2B industry.
Catalog & Search provides requisitioners with tools that they are already familiar with in their personal lives, enabling them to find the right goods and services with their company's negotiated pricing from approved suppliers. Users leverage a unique combination of quantitative specifications from suppliers and qualitative reviews from peer employees.
Catalog & Search includes the following functions:
- The Catalog Search Engine aggregates published supplier catalogs, internal services, stock levels, contract information, and supplier-hosted catalogs. With a powerful search engine employees enjoy a one-stop requisitioning experience, searching by keyword, category and other criteria to find the goods and services they need to perform their duties. Procurement and finance professionals benefit by controlling the approved goods, services, and pricing that departments or individuals have access to.
- Catalog Manager is a cloud solution that allows buyers and suppliers to collaborate on the process of publishing and approving catalog and content data. Catalog Manager for suppliers includes a content and catalog authoring tool that allows suppliers to upload new catalogs, make updates to existing catalogs and manage content templates. Catalog Manager for buyers acts as a staging area where category managers can easily find, filter and approve proposed catalog content from suppliers before publishing to employees.
Best-in-class customers on Hubwoo's network enable thousands of supplier catalogs in one homogeneous search experience to maximize on-contract spend and enable order accuracy.
More than 40 judges from a broad spectrum of industry voices from around the world participated in the 2013 Golden Bridge Business Awards and their average scores determined the winners.
"It's an honor to receive this esteemed industry recognition for our innovation," said Rinus Strydom, CMO of Hubwoo. "This award is another testament to Hubwoo's commitment to enable more productive B2B commerce through an open and collaborative business network."
About the Golden Bridge Awards
Golden Bridge Business and Innovation Awards are an annual industry and peers recognition program honoring best companies in every major industry from large to small and new start-ups in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America, Best New Products and Services, Best Innovations, Management and Teams, Women in Business and the Professions, Case Studies, Customer Satisfaction, and PR and Marketing Campaigns from all over the world. Learn more about The Golden Bridge Awards at www.goldenbridgeawards.com
About Hubwoo (www.hubwoo.com)
Hubwoo delivers a step change in value to procurement, accounts payable and sales processes. Powered by the worlds' busiest open and collaborative business network, Hubwoo connects companies to enable more productive B2B commerce. Through The Business Network, Hubwoo is equally focused on buyer and seller value, helping companies buy, sell and pay smarter. The Business Network drives value for organizations by connecting them to over one million active businesses around the globe.
Significant customers include BASF, Honeywell, Shell, Evonik, EDF, Nokia, Nationwide, Michelin, Henkel, Statoil, CONSOL Energy, EcoPetrol, Campbell's, Burton's Foods, and The Dow Chemical Company. Hubwoo's global partnerships include Microsoft, IBM, and Dun&Bradstreet.
Hubwoo has major operations in Paris, Houston, Chicago, Bonn, London, Manilla, and Leuven. Listed in Compartment C on the Euronext Paris Eurolist.
ISIN: FR0004052561, Euronext: HBW, Reuters: HBWO.PA, Bloomberg: HBW:FP