Coupa Positioned Furthest to the Right in the First-Ever 2024 Gartner® Magic Quadrant™ for Source-to-Pay Suites

In their first-ever Gartner® Magic Quadrant™ for Source-to-Pay Suites, Coupa has been recognized as a Leader!

Why it matters

This Magic Quadrant will help procurement technology leaders evaluate and select the most suitable software vendor to digitize their sourcing and procurement processes. And in the end, Coupa was positioned furthest to the right, in the report, for completeness of vision. The report is a first for Gartner, and we feel it is a strong validation of Coupa's platform innovation and customer focus.

With this new report, we believe Gartner acknowledges procurement’s expanding scope and influence. We believe driving smarter business buying decisions must involve a holistic, integrated approach. You’ve got to review and onboard suppliers, manage contracts, monitor for fraud and risk, pay your suppliers efficiently — and do everything in a streamlined solution. Coupa and our customers understand that sourcing and procurement work best when everything is integrated to drive maximum business value. We’re thrilled to see Gartner bring these two together in this new analysis.

The Coupa difference

• Our AI-driven platform: Predictive insights for smarter, faster decision-making and guided recommendations to reduce potential risk and fraud.
• Coupa is the leader in comprehensive business buying — covering direct and indirect spend: Coupa is the leader in every type of business buying — direct, indirect, services, and more — and ensures maximum visibility, control, and agility.
• Top user experience: Industry-leading intuitive UX makes complex decisions effortless.

What we’re saying: “Coupa is the industry’s first and foremost AI-driven source-to-pay platform, spanning sourcing, direct and indirect spend, supply chain, and financial management. We are completely focused on uniting people and companies to operate smarter and grow faster, creating more sustainable, profitable business outcomes. This recognition from Gartner, we feel, is a testament to the quantifiable value our platform delivers for our customers and the exceptional work of our 3,000 global employees,” said Leagh Turner, Coupa CEO.

Go deeper.

Read the Inaugural Gartner® Magic Quadrant™ for Source-to-Pay (S2P) Suites

Gartner, Magic Quadrant for Source-to-Pay Suites, By Micky Keck, Naveen Mahendra, Kaitlynn Sommers, Lynne Phelan, Cian Curtin, Balaji Abbabatulla, Chaithanya Paradarami, 29 January 2024.

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