Leader in Cloud-based Spend Optimization Software
Adds Former Wall Street Research Analyst, Mark Verbeck, to Executive Team

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.

Bernshteyn to Make Case for New “CSO” Title

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.

Bernshteyn to explore cloud considerations for CFOs in spotlight session

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.

Triple-digit Revenue Growth in FY2011 Highlights Demand
For Cloud-based e-Procurement Software

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.

New Advanced Spend Analytics offering gives organizations immediate access to spend intelligence for rapid spend management improvement

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.

Significant Customer Wins Fuel Rapid Growth and Global Expansion

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.

New Release Includes Extended Multi-Language, Multi-Currency Support for Enterprises.

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.

Bernshteyn to address the challenges of next generation CFOs

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. Read More »

Leader in Cloud Spend Management Strengthens Executive Team to Meet Market Demands

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.

PayStream Advisors Recognized Leading Cloud Spend Management Solution at the 2011 PayStream Summit

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.

SAN MATEO, Calif. – September 20, 2011 – Coupa Software, a leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced the Company has been profiled in a new Gartner Research report designed to help IT and procurement leaders assess e-procurement, purchase-to-pay and buy-side e-catalog solutions. The report, “E-Procurement Market and Vendor Landscape,” was written by Deborah R. Wilson, research vice president, Gartner, and Nigel Rayner, research vice president, Gartner.

Of more than sixty candidates for inclusion, thirty-two met the inclusion criteria for a full rating in this report, including meeting the following seven inclusion requirements: size, growth, innovation, product ownership, punch-out support, references and scope. The report features these thirty-two e-procurement solutions providers and rates each against eleven elements spanning from platform capabilities to customer satisfaction. According to the report, “Market requirements for e-procurement have evolved over the past two years as the solution has progressed into a mainstream application.” The report continues, “We’ve seen many vendors make significant investments to improve usability, and we’ve noted enhancements in PDA support, cloud-based delivery capabilities and model-driven business process workflow support.”

“We believe the Gartner report affirms e-procurement software as an essential business tool in our cost-conscious culture,” said Rob Bernshteyn, CEO, Coupa. “Gartner’s thorough evaluation of the e-procurement market provides companies with the knowledge they need to select the best vendor for their business. We are proud to be included and recognized.”

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 streamlines how employees manage and spend company money.

Click here to register for a copy of the report from Coupa’s website.

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, www.coupa.com or call 650.931.3201. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.

Coupa Cloud Spend Management Honored for Innovation

San Mateo, Calif. – September 14, 2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, has been selected by TMC, a global, integrated media company, as a 2011 TMC Labs Innovation Award winner. Presented by Customer Interaction Solutions magazine, the TMC Labs Innovation Awards honor products that display innovation, unique features and demonstrate ground-breaking contributions to the communications technology industry. Read More »

Cloud Spend Management Leader to Host Learning Lab and Case Study Session

SAN MATEO, Calif. – September 14, 2011 – Coupa Software, the leading provider of disruptive and innovative Cloud Spend Management (CSM) solutions, today announced that the Company will sponsor the P2P Trek at the 2011 PayStream Summit. Hosted by PayStream Advisors, the PayStream Summit brings together decision makers within accounts payable, financial supply chain, payments and finance operations who are dedicated to automating and streamlining the purchase to pay process.

• Conference date: September 19-21, 2011
• Location: Kansas City Marriott Downtown, Kansas City, MO

Read More »

Coupa Software Hosts Jon Hansen to Provide Compelling Perspective on Past, Current and Future State of Spend Management Technology

SAN MATEO, Calif., September 8, 2011

News Facts:

Coupa Cabana today launched a blog series from Jon Hansen, procurement, supply chain management, and logistics and sourcing expert, founder of Procurement Insights and host of PI Window on Business. The series will examine the current state of spend management technology and the origins and evolution of a paradigm shift in this industry.

Hansen touches on the changing landscape of the spend management technology market in his introductory post. This changing landscape has been fueled by true SaaS vendors causing an inevitable evolution to a more efficient and effective reality. Hansen comments on why the industry is where it is today in relation to the transition from the ERP-centric traditional licensing models to the present SaaS-driven, on-demand models:

“There’s no denying some business and technical issues persist, but there is mainstream recognition that traditional big-budget licensing and consulting models are no longer a viable option (not that they ever were)… In short, the change is happening. The only questions that remain are: How did we get here and what does it mean to me as a purchasing professional (particularly if I am a CPO)?”

In line with Coupa Cabana’s mission to provide procurement and spend management professionals with commentary that explores relevant and compelling industry issues, Procurement Insights similarly seeks to engage, inform and empower its readership. As such, the blog series from Hansen will focus on topics such as:

• The origins of the ERP application history and why it was doomed to fail;
• The emergence of a new paradigm, i.e., on-demand accessibility and results through Software-as-a-Service technological innovation;
• Breaking down the barriers and boundaries of functional “responsibilities” for procurement professionals; and
• The future of SaaS-based technology as a result of disruptive innovation.
• Additional topic ideas or questions for Hansen can be shared by commenting on Hansen’s introductory post on Coupa Cabana.

The five-part blog series is hosted on Coupa Cabana, a popular e-procurement and spend management industry blog powered by Coupa Software, the leading provider of disruptive and innovative cloud spend management solutions. Additional posts from Hansen will appear each Thursday for the following four weeks.

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.

Cloud Spend Management Leader to Speak on eProcurement / Financial Management Integration Solution

SAN MATEO, CA – Aug 29, 2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced that Matt Pasquini, Coupa’s cloud integrations engineer, will be presenting two solutions sessions with SnapLogic at Dreamforce 2011, Aug. 30-Sept. 2, 2011 at the Moscone Center in San Francisco.

The one-hour sessions, led by Pasquini and a member of SnapLogic’s integrations team, will focus on the ease of integrating Coupa’s eProcurement platform via SnapLogic and the unlimited possibilities for connecting Coupa with other cloud, SaaS, and on-premise applications and data sources. Pasquini will show attendees how Coupa’s eProcurement platform can add value to companies’ existing finance or ERP applications. Read More »

“Retail Secrets for Recovering Lost Spend” features experts addressing unique challenges, solutions and results

SAN MATEO, CA – Aug 24, 2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced a joint Webinar with the National Retail Federation (NRF) entitled “Retail Secrets for Recovering Lost Spend” on Thursday, August 25 at 11 a.m. PT / 2 p.m. ET. The Webinar will feature a best practices panel discussion for eliminating waste and delivering significant savings, moderated by Henry Ijams, Managing Director at Paystream Advisors. Panelists include: Scott Jones, Purchasing Manager, The Container Store; the Senior Purchasing Analyst from a premier specialty retailer; and Ashish Desphande, Director of Product Marketing, Coupa Software. Read More »

Coupa for Retail Streamlines Procure-to-Pay Process Across Distributed Locations

SAN MATEO, CA – Aug 3, 2011 – With uncertainty now the norm in the global economy, retailers need visibility into their non-merchandise spend to ensure predictability, protect operating margins, and ensure a consistent user experience across geographically distributed locations. Today, Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, announced the availability of its Coupa for Retail solution, designed specifically to address the growing needs of its retail customers. Coupa for Retail provides a centralized, intuitive, and seamless approach for reducing operating expenditures and managing spend for all non-merchandising consumables. Read More »

Learn How Procurement Has Become the Backbone of Our Savings Conscious Culture

SAN MATEO, Calif. – 07.25.2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced that Rob Bernshteyn, CEO, will speak at this year’s ProcureCon Indirect West Conference in Las Vegas. Hosted by WBR, ProcureCon Indirect West is a leading cross-industry event focused on strategic indirect procurement & category management. Read More »

Coupa Software Hosts Christopher Dwyer of Aberdeen Group to Provide Insight Into Spend Management and Procurement Advancements

SAN MATEO, CA – Jul 19, 2011

News Facts:

Coupa Cabana today launched a blog series from procurement and sourcing expert, Christopher Dwyer, a research analyst with Aberdeen Group. The series will look at advancements made in both the spend management and procurement arenas and detail how cloud technology solutions have become a critical component of modern programs.

The five-part blog series is hosted on Coupa Cabana, a popular e-procurement and spend management industry blog powered by Coupa Software, the leading provider of disruptive and innovative cloud spend management solutions. Read More »

SUBWAY Selects Coupa for Largest Multi-Location Cloud Business Application Deployment

SAN MATEO, CA – Jul 11, 2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management solutions, celebrated its 10th consecutive quarter of growth in new, annual contract value for the second quarter of 2011, ended June 30, 2011. As a testament to Coupa’s growing traction in the market, a seven-figure deal with the Independent Purchasing Cooperative (IPC) of SUBWAY was closed. The SUBWAY/IPC deal is the world’s largest multi-location cloud business application deployment to-date, with Coupa’s cloud spend management solution being deployed to 35,000 restaurants in 98 countries.

One of the most critical business imperatives today is conscious spending and reduced operating costs, in order to drive business results and sustain top-line growth. Coupa is addressing this mission-critical need head-on by empowering organizations to spend smarter and save money through broad adoption and use of the Company’s innovative, easy-to-use, fast-to-implement and cost-effective cloud spend management applications.

“With nearly 35,000 SUBWAY restaurants in 98 countries, we knew we needed a purchasing solution that could scale to support IPC’s global efforts, but would also be easy to deploy and use at the local restaurant level,” said Dennis Clabby, VP of Purchasing for IPC. “After an exhaustive search, we concluded that Coupa’s innovative cloud spend management solution and superior usability made it the clear winner for IPC. This will allow our franchisees to ensure they capture the savings negotiated by IPC, and operate their stores more efficiently.” Read More »

Offer Speaks to New Era in Business Software Centered Around Customer Results, Impact

SAN MATEO, Calif. – May 18, 2011 – Today, Coupa Software announced a success guarantee for new subscribers: control your spend with Coupa and cut one percent from your operating expenses (OpEx) within six months or the service is free. Details of the offer can be found at http://www.coupa.com/cut-opex.

“We are so confident in our customers’ ability to generate savings with Coupa, that we are turning the traditional software model on its head and guaranteeing results, completely aligning our success with the success of our customers,” said Rob Bernshteyn, CEO of Coupa Software. “At the end of the day, it’s not about the software. It’s about business results and guiding our customers down the path to eliminating waste and cutting OpEx. Everything we do at Coupa is oriented toward that goal.”
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New Spring ’11 Release Drives Smarter Spending Practices Across Businesses Everywhere

SAN MATEO, Calif. – May 18, 2011 – Today, Coupa Software sets a new standard for ease of use and adoption in business software with the latest release of its category-defining Cloud Spend Management platform. The company’s Spring ‘11 release introduces rich feature advancements to empower entire organizations to use a common platform for e-procurement and expense management. With Coupa, business executives have greater visibility into and control over corporate spending practices, giving them an effective platform to curb overspending.

“We’re making the Coupa experience as easy to navigate and use as Google, Facebook and Mint.com. We’re doing this because we believe systematic spend management leads to real business impact – to the tune of up to a several percent reduction in operating expenses. This can’t happen without software that anyone can use,” said Rob Bernshteyn, CEO of Coupa Software.
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1st Annual Visionaries Council Gathering Resounding Success

SAN MATEO, Calif. – April 21, 2011 – The inaugural Coupa Visionaries Council gathered at Coupa’s global headquarters last month to discuss the future of procurement and how Cloud Spend Management (CSM) uniquely addresses the fundamental challenges every enterprise must tackle in order to succeed in today’s economic climate.

The evolving role of the procurement function, the need for collaboration between corporate procurement and finance, and the move towards Cloud-based spend management platforms were the top three topics of conversation at the recent Visionaries Council summit. Read More »

Company Establishing a New Standard for Cloud Spend Management

SAN MATEO, Calif. – April 7, 2011 – Coupa Software, developer of category-disrupting cloud spend management (CSM) solutions, today announced its ninth consecutive quarter of growth in annual contract value. The company closed 38 software subscription transactions during the quarter.

Coupa is addressing one of the most critical business imperatives today, helping companies spend smarter and reduce operating costs to drive business results. The company’s innovative approach to making software extremely easy to use by anyone in a company, combined with its general philosophy of creating a single platform for spend management, has resulted in massive growth and adoption by enterprises across just about every industry.

Sales highlights from the quarter included a 1,000-seat subscription to Coupa’s Expense Management product from a known technology leader, a 700-user expansion for Coupa’s e-Procurement product at the nation’s leading provider packaging solutions, and a new 3,000 user subscription for the full Coupa Cloud Spend Management platform for one of the largest banks in the world. Read More »

SAN MATEO, Calif. – Coupa Software, developer of category-disrupting cloud spend management (CSM) solutions, today announced it has closed a $12 million Series D round of funding to accelerate the transformation of the e-procurement and expense management industry. Mohr Davidow Ventures led the financing, and General Partner Bryan Stolle will join the Coupa Board of Directors. Previous investors El Dorado Ventures, Battery Ventures, and BlueRun Ventures also participated in the round.

As corporate America increasingly focuses on being smarter and more efficient with business spending, Coupa addresses procurement and expenses needs head on by delivering a level of visibility and control over spending that never existed before. Coupa combines e-procurement and expense management capabilities into a single solution that is easier to use, faster to configure and deploy, and more cost-effective than anything available today. Innovations like cross-company benchmarking, consolidated executive dashboards, and numerous mobile review and approval capabilities deliver value that sets Coupa apart from the competition. Adoption of the Coupa Cloud Spend Management Platform exploded in 2010 with monthly recurring revenue growing 156% year-over-year, placing Coupa among the fastest-growing software-as-a-service (SaaS) companies. Read More »

Company Delivers 8th Sequential Quarter of Growth in New Annual Contract Value and Record Results

SAN MATEO, Calif. – Coupa Software, developer of the category-disrupting cloud spend management (CSM) solutions that help companies control their indirect spending and generate savings that go direct to the bottom line, today announced record results for 2010. Read More »

Deployment Completed Across 3,000 RAC Locations for 18,000 Users In Just Four Months

SAN MATEO, Calif. – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, and Emptoris, Inc., a leading provider of strategic supply and enterprise contract management solutions, today announced that the companies have teamed to provide an end-to-end Procure-to-Pay and Contract Management solution for their first joint customer, Rent-A-Center (RAC). The implementation of Coupa and Emptoris software at Rent-A-Center offers an improved procurement process for its indirect spend at its 3,000 plus retail locations.

This tight integration between the Coupa and Emptoris products allows Rent-A-Center to leverage Emptoris’ upstream applications for contract management and sourcing, and use downstream applications from Coupa to manage the procure-to-pay process.

The combined Coupa and Emptoris solution will allow Rent-A-Center to quickly put in place processes and technologies to better control remote requisitioning for their indirect spend and ensure each store location is benefiting from contracted discounts with preferred suppliers. Read More »

Customers can now deploy Coupa Expenses for Salesforce to Accelerate Expense Reimbursements and Control Cost of Sales
ISV momentum on Force.com builds as Dreamforce 2010 approaches

SAN MATEO, CA, Nov. 23, 2010 – Coupa Software today announced the availability of Coupa Expenses for Salesforce on AppExchange 2. With Coupa Expenses for Salesforce, salespeople no longer need to worry about tracking paper receipts or wasting hours to file an expense report. Now managers can see the impact of T&E expenses on their budget before reimbursements are approved, accounting managers gain intelligent scoring to prioritize expense report audits, and executives have insights into the true cost of sales. Coupa Expenses for Salesforce is immediately available for test drive and deployment on AppExchange 2 at http://www.salesforce.com/appexchange/. Read More »

eProcurement System Powered by Coupa Stretches Donor Dollars in New Ways

McLean, VA – Neediest Kids was recently awarded the 2010 Technology Innovation Award by NPower Greater DC and Accenture for its innovative use of technology and the impactful use of such innovation by a non-profit organization. At a “Celebration for Technology” event held on November 4, a panel of judges from technology companies selected Neediest Kids as the top-prize winner in the $500K-$2M budget category of non-profits.

“We are very proud to be recognized by NPower Greater DC and Accenture for our technological innovation,” said Lynne Filderman, Executive Advisor of Neediest Kids. “This award is tremendous validation for how a nonprofit can leverage technology to transform operations, structure new business partnerships, operate more efficiently and ultimately change the way we do business. At the end of the day, the platform enables us to help more students in need and stretch our donor dollars further.” Read More »

SAN MATEO, Calif. – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions for squeezing savings from business spending, today announced a significant growth in the number of green businesses selecting Coupa to more effectively manage and control their indirect spending.

SoloPower, Optimus Energy and Stion are among the green companies leveraging Coupa’s platform for their e-procurement and expense management needs. Businesses in this industry suffer from the high cost of spend management practices, taking away valuable time they could be spending on research and development of their own products. In this continued soft economy, the necessity to be cost-efficient and operationally lean is more crucial than ever. Cloud computing applications like Coupa are a perfect fit for this new emerging class of business. Read More »

Significant Customer Wins Across Retail, Hospitality, Technology and Healthcare Sectors Fuel Rapid Growth

SAN MATEO, Calif. – October 14, 2010 – Coupa Software, the leading provider of disruptive and innovative Cloud Spend Management (CSM) solutions, today announced its seventh consecutive quarter of dramatic growth and a major expansion of its partnership ecosystem.

With over 30,000 users, and 120,000 suppliers, spend through the Coupa platform has accelerated dramatically, more than doubling over the first nine months of this year. Customers signed last quarter include two Fortune 500 companies – one of the world’s leading providers of fully integrated mobile communications services; and a $7.2 billion off-price retailer that operates more than 900 stores in the United States and Guam. Numerous mid-market companies from across sectors also signed during the quarter, including Veros Software, Reliant Healthcare Management, Alta Devices, iPass, Genetix, and Trump International Hotel & Tower Chicago.
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SAN MATEO, Calif. – September 15, 2010 – Coupa Software, the leading provider of disruptive and innovative Cloud Spend Management (CSM) solutions, today unveiled significant additions to its expense management platform, including Google Maps integration, credit card import functionality, and the ability to add custom fields to an expense report. These new features are available immediately to all Coupa expense management customers.
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Software-as-a-Service Veterans Join to Further Accelerate Business Growth and Strategic Partnerships

SAN MATEO, Calif. – August 25, 2010 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced the appointments of Steven Sovik as Vice President of Sales, and Tony Dawson as Vice President of Alliances.

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The Container Store, Michaels and Others Protect their Bottom Line from Slowed Consumer Spending

SAN MATEO, Calif. – August 3, 2010 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions for squeezing savings from business operations, today announced a significant uptick in the number of retail and franchise businesses selecting Coupa to more effectively manage and control their indirect spending. Read More »

96% subscription renewal rate, enterprise go-lives and new product enhancements propel the company into Q3

SAN MATEO, CA – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced significant momentum spanning customer implementations, user adoption, new product enhancements and new customer acquisitions.

Coupa has experienced an astonishing 96% subscription renewal rate from active customers, with nearly 20% of revenue resulting from add-on seats to current customers expanding their deployments across their organizations. This includes accelerated adoption of the recently launched expense management product. With a single platform for managing business purchasing and expense reimbursement processes, Coupa is consistently delivering on its promise to provide companies with a smarter way to control spending – regardless of whether that spending originates with purchase orders or employee expenses. Read More »

Go Lives With Michaels, Diagnostic Health Corporation and PGi Showcase Coupa’s Flexibility and Strength in Helping Global Enterprises Expand and Improve the Capabilities of Their ERP Systems

SAN MATEO, CA – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced that three leading enterprises, Michaels, Diagnostic Health Corporation and PGi (formerly Premier Global Services), have all deployed Coupa for e-procurement. Each deployment features robust integrations with the leading ERP systems from SAP, Oracle and PeopleSoft, underscoring Coupa’s flexibility in delivering solutions that extend existing enterprise investments to make these systems more valuable to their respective organizations.

Coupa’s enterprise grade, multi-tenant cloud platform integrates with all major ERP systems, allowing bi-directional data exchange. The combined result allows Michaels, Diagnostic Health and PGi to extend the system of record capabilities of their ERP systems with a powerful new e-procurement management solution that makes it easier for everyone in the organization to spend smarter and participate in the company’s cost savings programs. The deployments showcase Coupa’s ability to capture rich e-procurement management data and bring it back into core ERP systems to improve overall business operations. Read More »

Data Release Sets Industry Standard in Bringing an Unmatched Level of Visibility Into Corporate Spending Trends and Establishes Benchmarks for Core Spending Processes

SAN MATEO, Calif. – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today released the first insights from its Cloud Spend Management Network. This is the first of an ongoing series of Coupa data releases to highlight corporate spending trends, analysis and benchmarking across a number of categories based on anonymous data aggregated from the community of Coupa customers. The ultimate vision for the Cloud Spend Management Network is to become an index of corporate spending across all categories.
At a time when companies are sticking to “do more with less” mandates and remain increasingly cognizant of being smarter and more efficient when it comes to spending, Coupa addresses procurement and expenses head on by delivering a level of visibility into spending behaviors that never existed before. Read More »

Coupa Software Launches Lesson 2 of Schooling SpendGuy Campaign to Raise Awareness for Cloud Spend Management Innovations

In a true David and Goliath tale of enterprise spend management software providers, upstart Coupa Software launched a marketing campaign in February to raise awareness for the business benefits of cloud-based e-procurement solutions, differentiate itself from the competition, and invite companies to take advantage of limited-time offers designed to help companies spend smarter and save more.
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Customers Adopt New Cloud Spend Management Platform in Droves

Coupa Software, maker of disruptive e-procurement and smarter expense management software for helping companies control their spending, today announced its fifth consecutive quarter of net new bookings growth and overall record results, despite softness in the overall economy. New bookings for the quarter ended March 31st were 281% of the new bookings for the same period last year. Spend through the Coupa e-procurement platform accelerated throughout the quarter; with more than 1.5 million transactions exceeding hundreds of millions in spend. Subscription renewal rate for the quarter was 100%, with many customers adding new seats and expanding their usage of the system. Read More »

Rob Bernshteyn’s thought leadership and vision is redefining the way businesses manage spend

“Spend under management” and “operational efficiency” are terms too often tossed around in strategic conversations, but rarely acted upon. At a time when organizations need less talk and more action, Coupa CEO, Rob Bernshteyn, stands out as a true thought leader on how companies can capitalize on smarter spending practices in order to drive down costs and deliver real savings for their shareholders. His vision, determination and bias for action is why Rob has been named one of Supply & Demand Chain Executive Pros to Know in 2010.

“This year’s Provider Pros to Know have shown themselves to be thought-leaders in the Supply Chain industry,” said Andrew Reese, editor at Supply & Demand Chain Executive. “Highlighting the learnings that the Provider Pros to Know have taken out of the Great Recession provides our readers with a wealth of best practices that they can apply in their own supply chains, as well as insights into how leading organizations are positioning themselves for competitive advantage in the Great Recovery ahead.”

With Rob at the helm, Coupa is leading the movement to get all organizations, large and small and everything in between, to spend smarter – a priority for any organization hoping to survive the short-term economic crisis and thrive in years to come.

“The biggest challenge facing businesses today is recession survival. To respond to the downturn, most organizations have already undergone hiring and budget freezes, cut spending and ‘right-sized’ their organization,” said Rob. “But these are only temporary measures that will not ensure long-term survival. Procurement and business leaders must take this time to lay the foundation for smarter spending and seize upon savings opportunities that will have a lasting impact into the future.”

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