SAN MATEO, Calif. – January 31, 2012 – Coupa Software, the leading provider of innovative cloud spend optimization software that enables customers to reduce expenses and maximize profitability, today named Mark Verbeck as its senior vice president and chief financial officer. As Coupa’s record growth continues from last year, Verbeck will oversee the company’s corporate finance, investor relations and human resources. He will report directly to Rob Bernshteyn, CEO of Coupa Software.
Verbeck has more than 20 years’ experience in finance and operations from emerging and Fortune 500 corporations. His professional background mirrors Coupa’s mission of empowering organizations to spend smarter and save money.
“On the heels of yet another year of record growth for Coupa, we’re continuing to expand our business, and Mark is a strong leader to guide Coupa’s financial operations,” said Bernshteyn. “His depth of experience is going to allow us to boost Coupa’s success as the spend optimization software leader and will ensure we’re a prime example of a company that breeds responsible spending.”
“It’s an honor for me to become part of the Coupa team after its banner year and as the company continues to expand its presence in the financial and enterprise software industry,” said Verbeck. “I’m excited to join the Coupa team and am looking forward to helping the company continue to innovate and to demonstrating the benefits of Coupa’s spend optimization to our customers.”
Prior to joining Coupa, Verbeck was CFO at BLADE Network Technologies (acquired by IBM), the leader in high performance cloud networking. During his three years at BLADE, his leadership was instrumental in the company’s growth and its IPO preparations. Mark was also a successful customer and user of Coupa, while with BLADE.
Before BLADE, Verbeck was an executive and prominent Wall Street research analyst, covering software company stocks for firms including Cantor Fitzgerald, Citigroup and Epoch Partners. As an equity analyst, Verbeck understands successful corporate strategy, capital processes, acquisition approaches and complex accounting issues. Prior to Wall Street, Mark worked at Deloitte, the global accounting and consulting company.

About Coupa Software
Founded in 2006, Coupa Software is the leader in cloud-based spend optimization software. More than 200 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: http://www.coupa.com or call 650.931.3200. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.

Atlanta – January 30, 2012 – Coupa Software, the leading provider of innovative cloud spend optimization software that enables customers to reduce expenses and maximize profitability, will be at the 14^th Annual ProcureCon Indirect East Conference, to be held from February 13-15, 2012, in Atlanta. Presented by Worldwide Business Research (WBR), the ProcureCon Indirect East Conference will cover all important aspects of modern indirect procurement.

Coupa Presentation

Topic: Moving procurement from the back office to the executive suite. The case for the chief spend officer. Are you qualified?

Session Date and Time: February 14, 2012 at 12:30 p.m. Eastern

Location: Hyatt Regency, Atlanta

265 Peachtree Street NE

Atlanta, Georgia, 30303

Rob Bernshteyn, CEO of Coupa, will be a speaker at the show, where he’ll be covering all aspects of modern indirect procurement and making the case for the new “C” title, chief spend officer (CSO). As the growth of companies’ topline revenues becomes more stubborn, reducing expenses to improve profitability is vital. In this new era, procurement must transform itself from an operational function to a strategic role that drives a direct positive impact on bottom-line profitability.

During this session, Bernshteyn will teach session attendees how to transform themselves and their organizations from being operational to strategic and contributing to bottom line impact. Bernshteyn will touch on how gaining end-user adoption will help companies to drive savings as well as discuss which key areas session attendees should address when creating a best-in-class, strategic organization.

About Coupa Software

Founded in 2006, Coupa Software is the leader in cloud-based spend optimization software. More than 200 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: http://www.coupa.com or call 650.931.3200. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.

2012 CFO Leadership Forum (San Francisco)

SAN MATEO, Calif. – Coupa Software, the leading provider of innovative cloud spend optimization software that enables customers to reduce expenses and maximize profitability, today announced that CEO Rob Bernshteyn will be a spotlight speaker at the 2012 CFO Leadership Forum in San Francisco. Presented by Argyle Executive Forum, the 2012 CFO Leadership Forum is designed to bring together leading CFOs, treasurers, VPs of finance, controllers and corporate finance leaders from a variety of industry verticals to discuss best practices and innovative finance strategies in a discussion-based format.

Conference date: January 26, 2012
Spotlight topic: Cloud Considerations for the CFO
Spotlight date and time: January 26, 2012 at 12:05 p.m. PT

Location: Undisclosed, San Francisco (only registrants will receive details on meeting location)
As CEO of Coupa, Bernshteyn will be discussing what CFOs need to consider when making cloud choices for their companies. He will touch on the types of cloud options, how they impact the CFO’s role, as well as advice on saving in the cloud. Bernshteyn will also discuss the benefits of spend management for any company and demonstrate how using the cloud, specifically Coupa’s cloud-based platform, will help companies quantify performance, increase ROI and reduce overall spend.
Coupa’s cloud-based platform lets companies manage spend and generate savings that go directly to the bottom line.

About Coupa Software
Founded in 2006, Coupa Software is the leader in cloud-based spend optimization software. More than 200 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: www.coupa.com or call 650.931.3200.Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.

SAN MATEO, Calif. – January 17, 2012 – Coupa Software, the leading provider of innovative cloud spend optimization software that enables customers to reduce expenses and maximize profitability, today announced record-breaking sales, customer acquisitions and usage for fiscal year 2011.

2011 was another banner year for Coupa, with tremendous growth across the board in revenue, customers, spend under management and global expansion. 2011 revenues increased by more than 120 percent while users of the software also rose 100 percent.

“We are thrilled with our record revenue and customer growth,” said Rob Bernshteyn, CEO of Coupa. “It validates that the procurement and finance industries need a cloud-based solution that delivers real measurable results like Coupa does. In 2012, our customers will continue to inspire us to develop tools that help them spend responsibly.”

“The rapid adoption of Coupa in the market is indicative of how enterprises are embracing the cloud to get quick time-to-value from their applications,” said Constantine G. Limberakis, senior research analyst at the Aberdeen Group. “Coupa is a breath of fresh air for companies looking for an alternative to traditional procurement and expense management platforms that require long implementation times and extensive training. Essentially, Coupa has cracked the code on usability based on a walk-up user interface approach. I view this as a major reason for their accelerated growth and continued success.”

“We needed clear visibility into our spend and procure-to-pay processes,” said Matthew O’Malley, Procurement & Sourcing manager, Journal Communications. “We selected Coupa from an exhaustive list of providers because Coupa is the only procurement solution that makes it simple for our employees to use while providing clear visibility into our spend and processes.”

Key highlights from Coupa’s fiscal 2011 include:

• Revenue: FY2011 revenue grew by more than 120 percent during FY2010, maintaining Coupa’s lead as one of the fastest-growing cloud software providers.
• Annual Contract Value: Coupa’s new annual contract value has increased sequentially for the past 12 quarters, proving the accelerating demand for its innovative cloud spend management offering.
• Customer Transactions: Coupa enjoyed accelerated customer growth as enterprises worldwide rushed to adopt an easy-to-deploy cloud procurement solution instead of traditional enterprise applications such as Ariba, Oracle and SAP. Total subscription sales transactions for 2011 totaled 152, with a healthy mix of new customers and add-on seats or modules.

-       2011 customer highlights included: Subway/IPC, Home Retail Group, Molina Healthcare, BNP Paribas, Ministry Health Care, Colliers International, B&H Photo, Savient Pharmaceuticals, Universal Music Group, Endo Pharmaceuticals and many others.

-       A Q4 customer highlight was Toyota Motor Sales U.S.A., Inc. (TMS) subscribing to Coupa’s spend management platform after a rigorous selection process. TMS selected Coupa because of its superior usability and scalability, prerequisites for ensuring wide adoption and spend under management. Coupa’s culture and bold vision in the spend management space was also a key reason that TMS wanted to engage in a long-term results-oriented business relationship.

• Usage: Spend through the Coupa Cloud Spend Management platform grew at a rate of 150 percent year over year, with the Smarter Expense Management module adoption alone growing at more than 900 percent.
• Renewals: Coupa reported strong customer loyalty, as evidenced by its greater than 90 percent subscription renewal rate.
• Adoption and Usage: Active users of the Coupa cloud software grew by approximately 100 percent, proving ease of use and value.
• Global Reach: Coupa added 10 new languages to the platform, supporting the numerous global deals completed in the second half of 2011. Additionally, Coupa expanded its global presence with new offices in the United Kingdom.
• Employees: Coupa experienced massive expansion in 2011 to meet the growing demand for its solution worldwide. The company relocated to larger headquarters in San Mateo, California to accommodate its 100 percent employee growth rate.
• Product Expansion: In 2011, Coupa unveiled numerous product announcements. The most significant were the Coupa Spring ’11 release, introducing customers to new features and advancements, and the Coupa Spend Optimizer, which offers advanced spend analytics for everyone across organizations, including finance, line of business and procurement, to maximize their spend power with easy-to-access reports.

About Coupa Software

Founded in 2006, Coupa Software is the leader in cloud-based spend optimization software. Over 200 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending costs up to 11%. Only Coupa provides a true cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: http://www.coupa.com or call 650.931.3200.

SAN MATEO, Calif. – Coupa Software, the leading provider of Cloud Spend Management, today announced Coupa Spend Optimizer, an advanced spend analytics solution that helps users make better spend management decisions. Through Coupa Spend Optimizer, customers have unprecedented access to robust spend management business intelligence without the headache of expensive and difficult deployments common in the spend analytics industry. The reporting platform provides intuitive graphical dashboards and charts making it easy for customers to analyze complex data and improve their spend management.

Coupa Spend Optimizer rounds out the suite of reporting tools available in Coupa’s Cloud Spend Management solution. Coupa’s current reporting capabilities include transaction reporting, executive dashboards, and peer benchmark reporting.

Coupa Spend Optimizer dashboard reports and alerts provide insight into contract management, percent of spend under management, workflow efficiency analysis, and cash management analysis to name a few.

Improved Access: With Coupa Spend Optimizer, Coupa brings ease-of-use to the world of spend intelligence by making business-critical information accessible to everyone who needs it, from procurement and finance professionals as well as line of business managers.

Coupa Spend Optimizer also provides access to information from other parts of the organization such as multiple ERP or HR systems. By aggregating and normalizing this information with Coupa spend data, customers have unparalleled visibility of spend across their entire organization.

Easily Accessible: Traditionally advanced spend intelligence reporting has been the domain of only advanced users and IT organizations who hold the keys to the company’s data. Weeks and months can pass until the business users receive the reports they require. With Coupa Spend Optimizer, customers have this information at their fingertips through intuitive graphical dashboards and reports that are self-generated. They no longer have to wait for quarterly or monthly reports from legacy systems, or need to pull together dozens of dated spreadsheet files.

Better Accuracy: Business can trust the accuracy of Coupa Spend Optimizer reporting because it is built on the foundation of the Coupa’s native eProcurement data model. Coupa automatically normalizes data upon entry and reduces errors of miscategorized spend. Additionally data is also normalized and cleansed upon import from external ERP and HR systems before entering the Coupa Spend Optimizer.

Actionable Value: Coupa Spend Optimizer provides timely, spend-relevant information that helps users deliver a measurable impact on reducing organizational spend. Unlike common ERP systems, Coupa Spend Optimizer goes beyond generic financial reporting to alert users and suggest actions that would help the company reduce spend. Of course, there is also the ability to drill deep into underlying information with the click of the mouse.

“We’re enthusiastic about Coupa Spend Analytics,” said Darrel Kalbfleisch, Director at the Archdiocese of St. Louis. “Being the largest Archdiocese in Missouri, our spending is spread over thousands of users in hundreds of different organizations. Coupa Spend Analytics provides us sophisticated, business-level reporting beyond transactional information. It’s this business intelligence that helps us make key decisions that drive more efficiency and cost reduction across our many constituencies.”

“We’re excited to redefine the spend analytics market with this new innovative offering. Until now, advanced spend intelligence required a great deal of lengthy manual intervention to aggregate and often did not easily get into the hands of the people that needed it most. Coupa Spend Optimizer ensures that everyone from procurement, to finance, to line of business users can have the real-time spend insights they need to improve their spend practices and drive bottom line value,” said Rob Bernshteyn, CEO, Coupa.

About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of customers doing business with over 100,000 suppliers, Coupa enables smarter spending practices that empower companies to save money quickly. For more information please visit, http://www.coupa.com or call 650.931.3200.

SAN MATEO, Calif. – October 25, 2011 – Coupa Software, the leading provider of innovative Cloud Spend Management (CSM) solutions, today announced its 11th consecutive quarter of growth in new annual contract value, for the third quarter of 2011, which ended September 30, 2011.

Coupa’s sustained growth and brand name customer wins this past quarter signify that the market is readily embracing the Company’s vision on how to proactively impact the bottom-line through its spend management solution. The Company’s Q3 2011 success is a testament to how the demand for Coupa is greater than ever.

• Revenue: Quarterly revenue grew 184% year over year, holding Coupa’s place as one of the fastest-growing software-as-a-service (SaaS) companies.
• Usage: Spend through the Coupa Cloud Spend Management platform continued to grow at at over 55% year over year.
• Customers: Customer wins continue to validate the demand for Coupa, with 47 transactions closed in Q3 2011. Coupa continued to sell into both greenfield opportunities and replacements of software solutions including Oracle iProcurement, CommerceOne, and others. Significant wins last quarter included Fortune 500 company Molina Healthcare..
• Renewals: Coupa exceeded a 95% subscription renewal rate for the quarter, further evidence that existing customers are achieving great success with the solution.
• Adoption and Usage: Total user adoption skyrocketed, with a 32 per cent increase in active users on Coupa’s platform year-over-year.
• Go-Lives: Coupa took 15 new customer live this quarter, again proving the exceptional time to value that the company continues to deliver for customers.

“We continue to stay focused and committed to empowering organizations to spend smarter and save money, via our world-class platform and team,” said Rob Bernshteyn, CEO of Coupa. “It’s incredibly validating to witness the success our customers are achieving in significantly reducing operating expenses by leveraging Coupa. We have made great strides as an organization to support the demand for our solutions both on a global scale and by growing our headquarters and executive team with the addition of Tony Wessels.”

Coupa expanded its corporate presence in Q3 2011 to support its fast-growing customer base. A few of these initiatives included:

International reach with the opening of an office in the United Kingdom, headed by industry veteran Alex Kleiner

• Relocated to larger headquarters facility in San Mateo, California, to accommodate new hires in support and services, sales and research and development; and marketing
• Greater investment into marketing and brand awareness with the appointment of enterprise software veteran Tony Wessels as Vice President of Marketing.

About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of customers doing business with over 100,000 suppliers, Coupa enables smarter spending practices that empower companies to save money quickly. For more information please visit, http://www.coupa.com or call 650.931.3200.

SAN MATEO, Calif. – Coupa Software, the leading provider of innovative Cloud Spend Management (CSM) solutions today announced a new e-procurement and expense management software release with a rich feature set that helps companies across the globe achieve improved visibility into their spending and significantly reduce costs.

Among the list of new features is support for multiple currencies and languages, including English, French, German, Spanish, Brazilian Portuguese and UK English. Because of Coupa’s exclusive cloud solution, global enterprises only need to deploy one instance worldwide regardless of language, currency, or geography.

In addition, the new release streamlines the expense reporting process for international business travelers. Travelers can submit their report in both local and foreign currency for better tracking. Plus Coupa automatically converts the expenses based on the current exchange rate. This saves significant hours spent manually calculating and submitting expenses reports.

“Getting visibility into corporate spending can be especially challenging for global organizations with a geographically dispersed workforce,” said Rob Bernshteyn, CEO, Coupa. “Coupa’s exclusive cloud architecture makes it simple and easy to use, helping companies quickly and easily implement solutions that impact the bottom line almost immediately, regardless of where they may be located. This is particularly close to Coupa right now as we’re expanding our global footprint and are using the new solution to keep our own spending in check.”

The enhanced platform includes additional unique capabilities:

• Tax Calculation Engine Support – Coupa customers can integrate their own tax engine directly into the Coupa invoicing process. When you submit the invoice, Coupa can now “call out” to your tax engine to fetch your estimate to compare against the invoice.
• Split Line Accounting – Coupa now enables users to intuitively assign multiple billing accounts to any particular line or transaction. These costs can be prorated at any point in the transaction – while making the Request, issuing the PO or upon receiving invoice from the supplier.
• Show Policies on Check Out – Coupa shows the policies relevant to purchases in-kine and upon checkout. Coupa identifies the policies covering each requisition and displays them at the top of your Cart on the checkout page.

Designed with the end-user in mind, the Coupa platform replicates the ease-of-use of leading consumer web applications today, ensuring high levels of employee adoption and a seamless on-boarding process for new employees. Continuing to deliver on Coupa’s promise of a simple, easy-to-use design, this release makes the entire Coupa platform even more extendable across the globe.

For more information about Coupa’s latest enhancements to its platform, visit: http://www.coupa.com/solutions/releases/oct-11/.

About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of customers doing business with over 100,000 suppliers, Coupa enables smarter spending practices that empower companies to save money quickly. For more information please visit, http://www.coupa.com or call 650.931.3200.

6th Annual CFO Rising West Conference
Booth #208

SAN MATEO, Calif. – Coupa Software, the leading provider of disruptive and innovative Cloud Spend Management (CSM) solutions, today announced that CEO Rob Bernshteyn will speak as a panelist at the 6th Annual CFO Rising West Conference. Presented by CFO Magazine, CFO Rising West is designed to address the top ten strategic challenges faced by today’s CFOs. Coupa Software will serve as this year’s Corporate Sponsor.

• Conference date: October 16-19, 2011
• Panel topic: Managing the Next Generation of CFOs
• Panel date & time: October 19, 2011 at 9 a.m. PT
• Location: Hilton San Diego Bayfront, San Diego, CA

The panel will be moderated by Joshua Wimberley, Senior Client Partner & Lead Partner of Financial Officers Center of Expertise, North America. Panelists will explore the challenges in creating and maintaining top talent within an organization, and what each generation can learn from the other. Participating panelists will include Walter Z. Berger, EVP & CFO, Leap Wireless; Lynn Jolliffe, EVP of Human Resources, Ingram Micro Inc.; and Melissa Lora, CFO, Taco Bell. As CEO of Coupa, Bernshteyn will bring to the discussion his unique experience on the importance of spend management and how it empowers the CFO to uncover savings hidden in the GL, reduce OPEX and deliver bottom-line savings.

Coupa’s cloud-based platform enables companies to manage spend and generate savings that go directly to the bottom line. Conference attendees can visit Coupa at booth #208.

About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of customers doing business with over 100,000 suppliers, Coupa enables smarter spending practices that empower companies to save money quickly. For more information please visit, http://www.coupa.com or call 650.931.3201. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.

SAN MATEO, Calif. – October 12, 2011 – Coupa Software, the leading provider of innovative cloud spend management solutions, recently named Tony Wessels as its new Vice President of Marketing. Coupa has enjoyed rapid growth in 2011, and with Wessels’ new appointment, the Company is positioned for further growth resulting from his extensive experience in global marketing for enterprise technology companies. Wessels will continue to drive the rapid adoption of Coupa’s cloud-based platform in the enterprise and help support the Company’s rapid ascension into the global market.

“As the business landscape continues to shift, the one constant is a mission-critical need for conscious spending. With our fundamental focus on customer success, Coupa solutions help our customers achieve business results by reducing operating costs and empowering them to spend smarter.”
With an uncertain economic landscape, companies are looking for cutting-edge spend management solutions that ensure high rates of employee adoption and significant bottom-line impact. Wessels will support the continued expansion of Coupa’s customer base and help guide the Company’s marketing efforts to ensure it continues to meet the growing market demands for innovative, scalable solutions that drive business results.

“Coupa has continued to experience significant traction in the spend management market, and with Tony’s insights and extensive experience running global marketing, we‘re certain we can effectively serve our current clients while rapidly expanding our business globally to new markets and opportunities,” said Rob Bernshteyn, CEO of Coupa. “As the business landscape continues to shift, the one constant is a mission-critical need for conscious spending. With our fundamental focus on customer success, Coupa solutions help our customers achieve business results by reducing operating costs and empowering them to spend smarter.”

“The era of heavy-lifting, complex enterprise software is dead. Customers are looking for easy-to-use cloud solutions that have an immediate impact on bottom line savings,” said Wessels. “With its experienced management team and cloud-based software, Coupa is positioned for tremendous growth in this market. I’m excited to join the Coupa team and look forward to extending its success worldwide.”

Prior to joining Coupa, Wessels managed a worldwide marketing team at EMC and supervised the development of all EMC corporate campaigns, including its recent cloud campaign strategy. Before EMC, Wessels was the Vice President of Marketing for APTARE, a storage resource management software company. As a key member of the executive team, Wessels’ marketing efforts drove revenue growth over 100% YOY. Prior to APTARE, Wessels was the Vice President of Marketing at Stata Labs, a provider of search-based email solutions, where he led all aspects of marketing and was instrumental in the company’s acquisition by Yahoo! Inc.

About Coupa Software

Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of customers doing business with over 100,000 suppliers, Coupa enables smarter spending practices that empower companies to save money quickly. For more information please visit, http://www.coupa.com or call 650.931.3201. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.

San Mateo, Calif. – September 27, 2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced the Company has been selected by PayStream Advisors as a Technology Excellence Award winner for Innovation in Purchase to Pay Automation. Announced each year at the PayStream Summit, the Technology Excellence Awards recognize organizations who have demonstrated excellence and innovation in purchase to pay automation. The 2011 PayStream Summit represents the first time innovative technology solutions were recognized for the Awards.

Coupa’s cloud spend management solutions enable companies to effectively manage spend and generate savings that contribute directly to the bottom line. Regardless if that spend originates with a requisition, an invoice, or a reimbursable expense, Coupa’s easy-to-use interface automates the P2P process and streamlines how employees manage and spend company money.

“At Coupa we strive to simplify the P2P process with our innovative, easy-to-use platform,” said Rob Bernshteyn, CEO, Coupa. “It is an honor to have our solution recognized for the benefits it brings our customers at a leading industry event, and this award validates our continued effort to offer our customers a best-in-class solution that delivers measurable results.”

“PayStream Advisors and our Advisory Board created the Technology Excellence Awards to honor those companies who are providing industry leading innovations. Coupa has figured out how to deliver an elegant solution in a very complex environment.” said Henry Ijams, Managing Director and Founder, PayStream Advisors. “We are proud to present Coupa with this award.”

Coupa was also recently selected by TMC as a 2011 TMC Labs Innovation Award winner.

About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. For more information please visit, www.coupa.com or call 650.931.3201. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.