Companies Can Now Control 100% of Indirect Spend from One Cloud Application

San Mateo, CA (PRWEB) February 22, 2010 — Coupa Software, developer of the category-disrupting e-procurement solution for business leaders dissatisfied with purchasing applications that either sit on the shelf or underperform in delivering expected savings, today announced the introduction of an Expense Management product that adds expense reporting and auditing capabilities to the Coupa Cloud Spend Management platform. With Coupa, companies can control 100% of their indirect spend through one platform, providing unparalleled visibility into, and control over, company spending.

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Connecting All Sources of Spending in the Cloud for Better Control, and Greater Savings

Coupa Cloud Spend Management delivers the best e-procurement and expense management capabilities in a single solution that is easier to use, faster to configure and deploy, and more cost-effective than anything available today. The platform features a single user interface, a single workflow model for approving purchases and reimbursable expenses, one underlying chart of accounts, one set of budget entries against which to credit purchases and expenses, consolidated dashboards for unparalleled visibility into non-payroll spending, and dozens of operational benchmarks to compare your organization’s performance against other companies transacting through the Coupa platform.

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Marketing VS. Procurement: The Awkwardness Continues

I often overhear our account and sales people here at Coupa talking about how the Procurement Professionals and CFOs they talk to frequently ask if our e-procurement product can help them alleviate some of the pain points they have with Marketing Services. It seems Marketing and Procurement find it challenging to work together. Coming from an ad agency background myself, I can see how the two may be odds.

When I was an Assoc. Creative Director, I would work hard to concept a killer big idea, then pitch my ideas to the client, and finally sell in a campaign. By the end of this process, a creative team wants to be able to work with key vendors and supplies. But then purchasing would come in and enforce a three-bid process that would inevitably exclude the most qualified vendors (who came with a higher pricetag). This was the cause of much belly aching amongst my creative team. The cartoon, below, does a good job at encapsulating the view from a Marketing perspective.

Of course, from a Procurement perspective things look very different. Many Marketers appear to be completely uninterested in understanding negotiations, and how Procurement can work with them to negotiate better deals. But according to this article from the Procurement Leaders blog, Marketers who see the involvement of Procurement in the way companies buy marketing services as simply a by-product of lean financial times may be in for a big shock. Take a look.

Walmart Suppliers: Cut Global Procurement Headcount

Wal-Mart’s decision to cut its global procurement headcount by over 250 has got a lot of people speculating on the motivations behind the change. Aside from the sheer cost savings possibilities associated with cutting out the supply middlemen and integrating direct and indirect procurement processes, some are asking if the decision had anything to do with either Walmart’s recall challenges or China’s new labor contract law.

SAP drama at Sapience

Apparently, this year’s Sapience was bordering on hostile. Many financial analysts have been debating whether it was straight-up Anti-SAP. This is a must read article by Jon Reed on the weird circumstances around the event, and whether or not it was somehow rigged, at least in part, by Netsuite. Dennis Howlett writes a great article on the so-called Netsuite-SAP SaaS “shoot out” that went down; he remains impartial and honest in trying to track the politics that may have instigated the shoot out. Could all this drama be somehow related to SAP’s new two-tiered approach to service? Read it and decide for yourself.

Boomi Connects Coupa e-Procurement to Financial Systems, to Automate ERP Process from Procure to Pay through both SaaS and on-Premise Applications

San Mateo, CA & Berwyn, PA – January 12, 2010 — Coupa Software, the leading provider of on-demand purchasing software to control business spending and costs, today announced a partnership with Boomi, the Integration Cloud Company, that will enable Coupa customers to quickly and easily automate their entire procure-to-pay process by integrating the company’s e-Procurement application directly with enterprise resource planning (ERP) or accounts payable systems. Boomi allows Coupa e-Procurement to connect directly to popular enterprise resource planning (ERP) and financial systems from vendors such as Microsoft, Oracle, SAP and NetSuite, as well as custom applications and customer databases.

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Momentum in the e-Procurement Market Primes Coupa for Accelerating Growth in 2010.

San Mateo, CA (PRWEB) January 7, 2010 — Coupa Software, developer of the category-disrupting e-procurement solution for business leaders dissatisfied with purchasing applications that either sit on the shelf or underperform in delivering expected savings, today announced record results for 2009:

“I expect this Internet savvy e-procurement company to change the way procurement is done online,” said Mickey North Rizza, Research Director at AMR Research. “Coupa is definitely one to watch in 2010.”

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Public agencies will have the ability to purchase against U.S. Communities contracts through the Coupa e-Procurement platform

San Mateo, Calif. – October 7, 2009 – Coupa Software, the leading provider of on-demand purchasing software to control business spending and costs, announced today its marketing partnership with U.S. Communities^TM Government Purchasing Alliance (U.S. Communities), a nonprofit instrumentality of government that assists local and state government agencies, school districts, higher education and nonprofit organizations pool their purchasing power nationwide.

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Coupa e-Procurement Listed in the Intuit Solutions Marketplace

San Mateo, Calif. – August 11, 2009 – Coupa Software, developer of category-disrupting on-demand e-procurement solutions, announced today that Coupa E-Procurement has earned Intuit’s Silver Application Status and is now a featured product in the Intuit Solutions Marketplace.  Coupa e-Procurement is integrated with QuickBooks, the world’s #1 small business financial software.

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Leading U.S. Retailer to Benefit From Ease of Use, Fast Implementation and Affordability of Proven e-Procurement Solution

Foster City, Calif. – May 6th, 2008 – Coupa Software, the leading on demand e-procurement vendor for companies of all sizes, today announced that EXPRESS, LLC, one of the 10 largest specialty retailers in the U.S., has selected Coupa e-Procurement On Demand. EXPRESS will implement Coupa e-Procurement to support the indirect purchasing needs of its home office and stores.

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