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

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

Coupa will be demonstrating the new capabilities of the Feb ‘10 release in a webcast on February 25th. Registration is complimentary.

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

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

Analysts briefed on Coupa Cloud Spend Management offered these insights and comments:

• Chris Dwyer, Research Analyst, Aberdeen Group – “It’s not often you call enterprise software ‘hip’, but it’s a description that fits Coupa’s new Cloud Spend Management platform. The timing for this solution is ideal – given the current economic environment, I suspect demand will be high for this unique solution to how companies manage their non-payroll spending. It’s easy to use, controls all purchasing and expense reporting processes from one system, and includes intuitive audit scoring, dashboarding and benchmarking capabilities, all capabilities that will play very well in 2010, a year in which enterprises will more strategically attack their non-payroll and expense management spending.”
• Mickey North Rizza, Research Director, Gartner – “A cloud spend management platform including expense management execution and reporting and auditing capabilities, provides companies with a very real opportunity to manage and control all indirect spend from one application. Add to this platform real-time analytics and cross-company benchmarking, the cloud spend management application quickly becomes procurement’s best friend.”
• Robert Kugel, Senior Vice President & Research Director, Ventana Research – “Most spend management applications follow an accounting ledger-structured view of the world that prevents people from working the way they normally would. Coupa, on the other hand, has tried to provide an application that operates the way people naturally behave so that they will want to use it. This is even more the case with the latest version of the software, which now includes purchases and expenses, giving organizations a real opportunity to control all indirect spend from a single system. Achieving broad, consistent use of spend management software has been a challenge for companies. High utilization is a key driver for realizing value from spend management software because it enables corporations to save money through greater spending control. It also enhances management effectiveness by giving them greater visibility into future spending commitments.”
• Jason Busch, Editor of Spend Matters – “With its latest release and capabilities, Coupa is moving up-market while not ignoring its core small and middle market procurement constituents. The greater the level of enabling services and insight that companies can deliver as part of a non-installed software approach, the greater the value the solution will generate from savings, compliance and process improvement perspectives. Moreover, Spend Matters research suggest that benchmarking, analytics and data visualization capabilities are becoming the ante to deliver the next generation of procure-to-pay solutions in the Spend Management market. In addition, the combination of T&E capabilities with core procurement makes fundamental sense for middle-market organizations that do not require highly specialized solutions.”
• Jeffrey M. Kaplan, Managing Director of THINKstrategies and Founder of the SaaS Showplace – “In today’s increasingly challenging economic environment, it is essential for organizations of all sizes to more carefully control their spending. Coupa is building on the success of its e-Procurement capabilities to offer its customers an integrated Cloud Spend Management platform which can help them better manage a broader array of their ongoing expenditures.”

The new Expense Management capabilities introduced as part of Coupa’s Feb ’10 release allow customers to:

• Audit expense reports based on likelihood of fraudulent or excessive spending behavior. Coupa Expense Management removes the need for an “all or nothing” approach to expense report verification. Coupa automatically scores each and every expense report, and employee, to identify suspect or fraudulent patterns that warrant further attention from the accounting department and employee managers. Each expense report is assigned an intelligent audit score based on the employee’s historical patterns and details of the current report – the higher the score, the higher the risk of non-compliance with the company’s expense management guidelines.
• Flip approved requisitions into pre-approved line items on employee expense reports. With Coupa, an employee can execute a simple search from within the company’s cloud spend management application for an item she needs to do her job, find the item on Amazon.com at very reasonable cost, and pull it into a requisition that her manager then reviews and approves from her iPhone. The employee is notified that her requisition is approved, and is directed back to Amazon.com to complete the transaction. The completed purchase is then automatically entered into an expense report as a pre-approved line item, and credited to the proper account and budget period, making it much easier for managers to control spending and stay within budget.
• Influence desired employee behavior and develop a culture of smarter spending. With Coupa, you can embed intelligence into your expense management processes to encourage the right employee behavior and eliminate abuses like the employee who knows the per-meal allowance is $25 and submits every meal expense for $24.95. Coupa analyzes each expense report line item as they are entered to determine if it deviates from the category norm. If it’s well below the norm, the employee is recognized with a ‘thanks for being frugal’ message, reinforcing behavior that saves the company money. If it’s too far above the norm, though, Coupa will alert that employee that the cost for the expensed item either exceeds the allowable limit or ‘seems a little high.’ The algorithms that control the notifications are dynamic and move with category averages, making it much harder for employees to manipulate.

“We are extremely excited by the heavy demand for Coupa’s Cloud Spend Management offering by our existing customers, and the growing interest in our expanding offering from companies around the world,” said Rob Bernshteyn, Coupa’s CEO. “The opportunity to leverage one cloud application suite for managing all indirect spend in an easy to use, rapid to deploy, and cost-effective fashion is here; and Coupa is delivering it.”

About Coupa Software
Coupa is the leading provider of cloud spend management (CSM) solutions that help companies control their indirect spending and generate savings that go direct to the bottom line. Coupa combines the best e-procurement and expense management capabilities in a single solution that is easier to use, faster to configure and deploy, and more cost-effective than anything available today. With deep domain knowledge in e-procurement and expense management, a best-in-class cloud computing platform, a fast-growing community of customers, and industry-first innovations like real-time benchmarking, intelligent expense report auditing, and crowd sourcing great deals on the Web, Coupa is leading the way in helping companies spend smarter and save more. For more information please visit, http://www.coupa.com or call 650.931.3200.

Schooling SpendGuy Series Takes Tongue-in-Cheek Look at Common Business Purchasing Challenges

In a true David and Goliath tale of enterprise spend management software providers, upstart Coupa Software yesterday launched a new marketing campaign 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.

Featuring Coupa Sam, Spend Samurai and SpendGuy, a tired anti-hero – in a series of comic commercials that emphasize common business purchasing frustrations, the Schooling SpendGuy series introduces cloud computing innovations with substantial impact on how businesses control their indirect purchasing. The first episode of the series, Jumping Through Hoops, tackles the unnecessary complexities and hurdles employees often face attempting to requisition the items they need to do their jobs.

Inspired in part by rising demand for alternatives to existing e-procurement solutions, the Schooling SpendGuy site features a product comparison matrix that contrasts Coupa’s cloud-based e-procurement solution against the comparable product from its largest competitor.

The campaign includes two limited-time only special offers for companies interested in making the transition to the Coupa’s cloud spend management solution:

a complimentary migration assessment for any company that wants to consider Coupa in lieu of a potentially expensive upgrade with their existing solution provider

a full year of Coupa Expense Management (part of the upcoming Winter ‘10 release), for a limited number of users, with any new annual subscription to Coupa e-Procurement

For more information on the Schooling SpendGuy campaign, and how to take advantage of Coupa’s special offers, please visit:
http://www.coupa.com/resources/product-compare/schooling-spendguy/

One ground breaking solution to get 100% of your indirect spend under control.

The clouds of change are coming. For business leaders responsible for spend management, the cloud will provide a powerful alternative to traditional, on-premise solutions. An alternative that will empower them with greater spend controls, more efficient processing, and the ability to effectively drive significant company-wide savings.

Cloud Spend Management – The next generation of purchasing and expense control
Date: Thursday, February 25, 2010
Time: 11:00 a.m. Pacific / 2:00 p.m. Eastern
Duration: 60 minutes
Register Now!

During this live, one-hour event, you will discover:

• how the cloud is transforming spend management solutions and driving 100% adoption by being easier, faster and more efficient than any other solution available.
• the true power of the cloud and how it can save millions by increasing spend visibility, cost control and eliminating the need for costly technologies to install or maintain.
• how Coupa’s new cloud spend management platform is bringing together procurement and expense management capabilities, while supporting seamless integration with other financial management solutions to deliver a single platform for all your indirect spend management needs.

There is no cost to attend either webinar, and recordings will be made available to registrants unable to attend the live sessions.

Today’s post is by Coupa’s new UI expert, Casey.

This happens to me all the time…I’ll go into a new store with the intention of buying something and there are so many awesome items that I actually end up leaving without having bought anything.

In today’s society, we’ve got more choices than ever before. If I go to Amazon.com I can choose from over 1000 different HDMI cables without any clear indication of the differences between them. Previously getting married and having children was not even a question – these days everything is a choice.

The general consensus up to now has been that the more choices we have the happier we’ll be – but according to Barry Schwartz’s Paradox of Choice we have, in fact, the opposite. All of these choices are a good thing – but at a certain point they start to become poisonous. Here are some downsides to our multitude of choices:

• Paralysis: You have so many options that you can’t make a choice.
  • Study: A grocery store tested out a food sampling strategy by alternating allowing customers to sample 24 flavors of jam vs 6. With the larger sampling – more people came to the table, but 1/10 as many people actually bought the jam.
  • Study: For every 10 mutual funds that are through a retirement account, employee’s participation in a 401(k) plan goes down 2%. They have so many choices, it’s even causing them to turn down free money.
• Decision Quality: When we have too many choices our original decision criteria go away and we tend towards the most simple.
  • Study: If you ask people in advance what they care most about a romantic partner – they will tell you many things that matter to them. They want someone who is smart, interesting, makes them laugh, kind, etc. After they evaluate 12 people against their criteria, they find it more difficult and end up simplifying it down to “how hot is he?”. They learn when they wake up the next morning that the criteria that are most simple aren’t the ones that end up mattering the most.
• Capability vs. Usability: People don’t know what’s good for them.
  • Study: People had to rate digital CD players. They were shown 3 players with 7, 14, and 21 features. At first, they were asked which they would prefer and clearly most of them chose the one with the most features. The people were then given the CD player with 21 features to play with for a while and were prompted again for a choice between the 3 options. They all chose the player with the 7 features. They all chose usability.

Most people don’t know what’s good for them. When people ask for certain features, I like to think about the reasons behind that request–maybe that particular feature is just a symptom of a different problem. Also, I think about whether this feature will actually add or detract from the application overall. Just because a user suggests a feature doesn’t mean they actually need it.

What does this mean for UI design? The more features an application has, the harder it is to hone in on getting a particular task completed. The Oracles and Aribas of this world have giant, custom applications that have every feature anyone has ever thought of (and more). Talk to anyone you know that uses these bloated apps and they’ll tell you how complex it can be.

The key is to come up with the most important features to get the job done and execute them correctly. Make it as simple as possible to get from the beginning of a flow to the end. Most importantly – the more decisions a user has to make on the homepage, the less likely they are to complete their intended flow. At each decision point, you will see a significant drop off in users. Tightening up all of the user flows will ensure people can make it all the way through to the desired result.

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

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

Read More »

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

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

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

Read More »

Container Store and Reebok-CCM To Be Featured in Live Webinars on December 10th and December 16th

San Mateo, CA – November 30, 2009 – Two customers. Two examples of companies using Coupa e-Procurement to practice smarter spending to great effect. Two live webinars to dive into the details. Two full hours to learn from whip-smart practitioners from The Container Store and Reebok-CCM on exactly what they are doing to drive performance from the purchasing function at their respective organizations.

Read More »

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

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

Read More »

El Dorado Ventures leads investment in on-demand provider of e-procurement applications.

San Mateo, Calif. – September 1, 2009 – Coupa Software Inc., developer of on-demand e-procurement software that helps companies control spending and generate savings, today announced the completion of a $7.5 million Series C financing round led by El Dorado Ventures, an early-stage investor in disruptive technologies and business models in emerging and high-growth markets.  Previous investors Blue Run Ventures and Battery Ventures, both of Menlo Park, California, also participated in the round.

Read More »

Coupa e-Procurement Listed in the Intuit Solutions Marketplace

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

Read More »

Company Challenges Government Agencies to Practice Smarter Spending

San Mateo, Calif. – August 5, 2009 – Coupa Software, developer of an on-demand e-procurement application for smarter spending, announced today that federal, state and local government agencies are invited to use Coupa e-Procurement free of charge for six months to rein in spending and establish control over inefficient procurement practices.

“When you look at the budgetary and funding challenges facing government agencies, it’s easy to become discouraged by the enormity of the problem,” said Rob Bernshteyn, CEO of Coupa Software.  “But these are problems that can be remedied, and Coupa is offering to be part of the solution.  With our Six Months to Smarter Spending initiative, Coupa is reaching out at the grassroots level directly to the agencies themselves – and offering a helping hand.”

Read More »

Software-as-a-Service Procure-to-Pay Solution Provider Helps Companies Spend Smarter and Save Money

San Mateo, CA – June 22, 2009 – Coupa Software, developer of category-disrupting Web-based spend management solutions, today announced that it has been named by THINKstrategies the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today’s Software-as-a-Service (SaaS) solutions.
Read More »

New Innovations Include Spend Control Benchmarking, Predictive Spend Dashboards & Proactive Alerts, and a new Tool allowing Companies to Crowdsource the Best Deals from Virtually any E-Commerce Website.

San Mateo, Calif. – June 15, 2009 – Coupa Software today announces the limited availability of the July ‘09 release of Coupa e-Procurement, the category disrupting spend management solution for business leaders dissatisfied with procurement applications that either sit on the shelf or underperform in delivering expected savings.  With new capabilities that deliver actionable intelligence for every constituent, Coupa is the only e-procurement solution that supports truly collaborative smarter spending initiatives.

Read More »

Record Results in Q1 and Growing Recognition for Coupa e-Procurement Reinforce Rising Need for Smarter Spending Solutions

SAN MATEO, CA – May 20, 2009 – Coupa Software, developer of category-disrupting Web-based spend management solutions, today announced its inclusion in JMP Securities’ May 2009 report, “Hot 100: The Best Privately Held Software Companies.” The report profiles 100 of the leading private companies in the software industry, as identified by the software research team at JMP Securities.  JMP Securities is a full-service investment bank based in San Francisco.

Read More »

Silicon Valley Veteran from Salesforce.com and Siebel Systems to Drive Accelerating Sales Execution

San Mateo, Calif. – Coupa Software, the developer of industry-leading, category-disrupting Web-based spend management solutions, today announced the appointment of Gary Hanna as executive vice president of sales. In this role, Gary will be responsible for building the global sales organization and further accelerating sales of Coupa e-Procurement.
Read More »

Q1 Marks Sixth Consecutive Quarter of Record Growth

San Mateo, Calif. – May 5, 2009 – Coupa Software, the developer of industry-leading, category-disrupting Web-based spend management solutions, reported breakthrough growth for the first quarter of 2009.  Companies of all sizes, eager to improve spend management and budgeting practices, are contacting Coupa in record numbers.

Read More »

Joins Growing List of Non-Profit Organizations Deploying Coupa e-Procurement to Drive Cost-Savings Initiatives

San Mateo, Calif. – April 23, 2009 – Coupa Software today announces the addition of the Archdiocese of St. Louis to a growing list of non-profit organizations deploying Coupa e-Procurement to control spending and protect the financial viability of their missions.  After a careful study of purchasing practices at the Archdiocese, it was determined that they could better leverage the purchasing power of the organization with the adoption of more modern processes and technologies.   Coupa e-Procurement will be the platform from which the Archdiocese centralizes purchasing across the offices and agencies of the Archdiocesan Curia. The Archdiocese of St. Louis contains close to 200 parishes, some with elementary schools, 10 Catholic High Schools, a seminary and several Catholic Charities agencies.

Read More »

With Coupa Quickstart, Companies Can Deploy e-Procurement in Under an Hour

San Mateo, Calif. – February 24, 2009 – Coupa Software today announces the general availability of the Feb 09 release of Coupa e-Procurement, the category-disrupting spend management solution that is quickly becoming a must-have business tool for cost-conscious executives everywhere. Companies bracing for a prolonged downturn are turning to Coupa as they recalibrate their businesses to combat recessionary pressures head-on. The Feb 09 release adds several new features and enhancements that prove e-procurement is no longer just for companies with deep pockets and ample IT resources. Coupa removes the obstacles to smarter spending with a self-service e-procurement tool affordably delivered on a subscription basis.

Read More »

Bernshteyn Joins Company to Accelerate Growth and Market Adoption of Coupa eProcurement

San Mateo, Calif. – February 12, 2009 – Coupa Software, the leading provider of on-demand purchasing software to control business spending and costs, announced today the appointment of Rob Bernshteyn as chief executive officer. Mr. Bernshteyn will also join Coupa’s Board of Directors. Bernshteyn’s leadership building an on-demand business at SuccessFactors will be instrumental in driving continued growth at Coupa, which ended 2008 with a 5x increase in customers and a 16x increase in spend through the Coupa platform.

Read More »

On-Demand Procurement Pioneer and Leader Reaches Major Milestone in First Year of Operation

San Mateo, Calif. – Nov 10, 2008 – Coupa Software Incorporated, the leading provider of web-based purchasing software for small and mid-sized businesses, today announced it reached its first major milestone this month, surpassing $100 million of spend via its Coupa.com service in its first year. In addition to crossing the $100 million threshold this month, Coupa.com achieved two other major milestones that speak to its rapid growth and market acceptance: over 2,300 suppliers are now connected to the system and more than 60 customers are utilizing Coupa to manage their spending, budgets, and suppliers.

Read More »

Industry Veteran to Expand Global Adoption of Coupa.com

San Mateo, Calif. – October 21, 2008 – Coupa Incorporated, the leading provider of web-based purchasing software for small and mid-sized businesses, today announced the appointment of Jason Hekl as vice president of marketing. In this role, Jason will be responsible for all aspects of corporate and product marketing, including messaging, public relations, internal and external corporate communications, and demand generation.

Read More »

Small and Mid-Sized Businesses Benefit from New Reports, Custom Views, and Quick Export to Excel™

San Mateo, Calif. – July 21, 2008 – Coupa.com, the leading provider of web-based procurement software for small and medium sized businesses, today announced a wide range of custom reporting features to its web-based procurement system that helps organizations gain new information about their purchasing trends, as well as, speed the procurement process and achieve improved cost savings. These new capabilities include:

Read More »

Industry Veteran from Genius.com and Microsoft to Expand Global Adoption of
Coupa e-Procurement

Foster City, Calif. – June 24, 2008 – Coupa Software, the leading on demand e-procurement vendor for companies of all sizes, today announced the appointment of Jean Tali as vice president of sales. In this role, Jean will be responsible for expanding global sales of Coupa e-Procurement, developing strategic industry partnerships, and expanding Coupa’s relationships with major suppliers.

Read More »

On Demand e-Procurement Leader Delivers Enhancements to Finance, Employees and Suppliers Alike

Foster City, Calif. – June 17, 2008 – Coupa Software, the leading on demand e-procurement vendor for organizations of all sizes, today announced the Spring 2008 release of Coupa e-Procurement. The new Coupa e-Procurement release, available today to all existing and new customers at no extra charge, features more than 100 new capabilities to help finance, employees and suppliers alike streamline e-procurement, boost productivity and cut purchasing costs.

Read More »

Over 500 Worldwide Research Projects Improve Purchasing Efficiencies and Budget Management with e-Procurement Implementation

Foster City, Calif. – June 2nd, 2008 – Coupa Software, the leading on demand e-procurement vendor for organizations of all sizes, today announced that the Marine Science Institute (MSI) at The University of California, Santa Barbara, has gone live with Coupa e-Procurement On Demand. MSI, a national and international leader in ocean research, selected Coupa e-Procurement for automated procurement of supplies for its more than 500 active research projects throughout the U.S. and around the world. The Coupa e-Procurement implementation supports MSI’s efforts to increase efficiency and manage budgets.

Read More »

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

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

Read More »

Battery Ventures Leads B-Round for SaaS e-Procurement Leader; Mark Sherman to Join Board

Foster City, Calif. – April 9th, 2008 – Coupa Software, the leading on demand e-procurement vendor for small and mid-sized businesses (SMBs), today announced that it has raised $6 million in additional capital to fund continued business expansion and maintain its 100 percent-plus growth in customer sales and transactional spend through 2008 and beyond.

Read More »

Resort Scraps Paper-Based Purchasing Process for Greater Procurement Efficiency and Savings

Foster City, Calif. – March 10, 2008 – Coupa Software, the leading on demand e-procurement vendor for small and mid-sized businesses (SMBs), today announced that the Quinault Indian Nation has implemented Coupa e-Procurement for its resort and casino. Using Coupa e-Procurement has helped Quinault streamline its operations while saving money buying services, equipment, and supplies.

Read More »

Professional Sports Franchise Scores with Easy-to-Use, On Demand e-Procurement Software that Generates Big Savings

Foster City, Calif. – November 13, 2007 – Coupa Software, a pioneer in e-procurement software for small and mid-sized organizations (SMBs) and sponsor of the world’s leading open source e-procurement project, today announced that the Phoenix Coyotes franchise has implemented Coupa On Demand across its three business units—the National Hockey League Phoenix Coyotes led by managing partner-head coach Wayne Gretzky, the National Lacrosse League Arizona Sting, and the Jobing.com Arena. Coupa On Demand enables the organization to streamline its procurement processes, boost productivity, and save money buying services, equipment, supplies, and promotional items.

Read More »

Coupa eProcurement Express Simplifies Purchasing, Delivers Unparalleled Value for Mid-Sized Companies

Foster City, Calif. – March 26, 2007 – Coupa Software today announced the availability of Coupa eProcurement Express, the industry’s first and only freely downloadable e-procurement software solution. Coupa eProcurement Express is also the first purchasing system designed specifically for mid-sized businesses. The affordable solution combines best-in-class functionality for control of departmental and employee purchasing with simplicity – simple to acquire, install and maintain and simple enough to use that employees actually prefer it for their business purchasing needs.

Read More »

Company Co-Founder to Speak on Development and Deployment Success at Amazon Start-Up Project Event

Foster City, Calif. – October 22, 2007 – Coupa, a pioneer in e-procurement solutions for small and mid-size organizations (SMBs) and sponsor of the world’s leading open source e-procurement project, today announced that Coupa On Demand, the first complete, on demand e-procurement solution designed for SMBs, now uses the Amazon Elastic Compute Cloud (Amazon EC2) and the Amazon Simple Storage Service (Amazon S3) as the foundation of its infrastructure. Additionally, Coupa’s vice president of product and co-founder, Noah Eisner, will showcase the Coupa solution today in San Diego at The Amazon Start-Up Project event. Eisner’s presentation will discuss how Coupa is able to deliver the most affordable e-procurement solution in its class through the use of Amazon Web Services.

Read More »

Foster City, Calif. – August 28, 2007 – Coupa, the leading provider of commercial open source e-procurement software for small and mid-size companies, today announced the release of Coupa e-Procurement Express v1.5, the latest version of the industry’s first freely downloadable e-procurement solution. Since its introduction five months ago, Coupa e-Procurement Express has topped more than 7,500 downloads. Coupa has built on this momentum by continuing to offer new best-in-class features that enable small and mid-size businesses to streamline processes, improve control, and save money. The new Coupa e-Procurement Express version may be downloaded from www.coupa.com or http://sourceforge.net/projects/coupa/.

Read More »

Bio-tech Innovator Cures Paper-based Purchasing Ills with Web 2.0 E-Procurement Software

Foster City, Calif. – August 21, 2007 – Coupa, a leading provider of e-procurement software for small and mid-size companies, today announced that Cequent Pharmaceuticals, a pioneer in the development of novel products to deliver RNAi-based treatments to prevent and treat human disease, has deployed Coupa e-Procurement. Chosen for its ease-of-use and best-in-class features designed specifically for small and mid-size companies, Coupa e-Procurement is now enabling Cequent to exercise greater control of the company’s purchasing practices and streamline its procurement processes.

Read More »

Dow Jones Event Will Feature Top Emerging Companies Shaping the Enterprise Market

Foster City, Calif. – July 16, 2007 – Coupa, provider of the world’s simplest e-procurement software, today announced that CEO and co-founder Dave Stephens has been selected to participate in Enterprise Innovations 2007 on July 17. Sponsored by Dow Jones & Company, the event will take place at Hotel Sofitel San Francisco Bay in Redwood City, Calif. on July 17 and 18.

Read More »

Procurement Software Provider Included in Business Magazine’s Annual Listing of Innovative Supply and Demand Chain Vendors

Foster City, Calif. – July 18, 2007 – Coupa, provider of the world’s simplest procurement software, today announced that it has been named to the sixth annual Supply & Demand Chain Executive 100. The complete listing of the “100” will appear in the magazine’s June/July 2007 issue.

Read More »

Simple, Affordable Online Solution Enables Fast-Growing Educational Institution to Deploy End-to-End Online Purchasing Solution in Only One Week

Foster City, Calif. – July 9, 2007 – Coupa Software today announced that Cambridge College, a Boston-based institution of higher education, has adopted the Coupa eProcurement Enterprise solution to manage and control the purchasing process at the college’s main Cambridge, Mass. campus and seven regional centers in the U.S. and Canada. Coupa’s enterprise purchasing software went live in only one week, and the college began to see tangible value immediately. Today, more than 200 suppliers are already in the college’s new eprocurement system.

Read More »

Former Oracle Executive Dave Stephens to Discuss the New Landscape for Today’s Startups

Foster City, Calif. – May 16, 2007 – Coupa Software today announced founder and CEO Dave Stephens will present at TIEcon 2007 in a session titled “Front Line: Software – Competing with the Goliaths.” The TIEcon 2007 theme is “The New Face of Entrepreneurship” and will be held at the Santa Clara Convention Center on May 18-19, 2007.

Read More »

Coupa eProcurement Express Simplifies Purchasing, Delivers Unparalleled Value for Mid-Sized Companies

Foster City, Calif. – March 26, 2007 – Coupa Software today announced the availability of Coupa eProcurement Express, the industry’s first and only freely downloadable e-procurement software solution. Coupa eProcurement Express is also the first purchasing system designed specifically for mid-sized businesses. The affordable solution combines best-in-class functionality for control of departmental and employee purchasing with simplicity – simple to acquire, install and maintain and simple enough to use that employees actually prefer it for their business purchasing needs.

Read More »

Coupa Positioned to Deliver Value to Companies of All Sizes by Offering Simplified, Affordable Best-in-Class Purchasing

Foster City, Calif. – March 13, 2007 – Coupa Software, founded to simplify corporate purchasing, announced today that it has secured A-round funding from the leading early-stage venture capital fund BlueRun Ventures, as well as several private investors. Coupa will use this investment to accelerate market and product development plans. The company also announced that Jonathan Ebinger, managing partner at BlueRun, and Vineet Buch, a BlueRun principal, joined the Coupa board of directors.

Read More »

Foster City Headquarters Gives E-procurement Innovator Access to Rich Talent Pool

Foster City, Calif. – August 28, 2006 – Coupa Software, founded by two former Oracle e-procurement veterans to simplify corporate purchasing, announced today the opening of its Silicon Valley headquarters in Foster City, Calif. With this move, Coupa is supporting company growth and providing the necessary space to develop and market its next-generation, simplified purchasing solution. Importantly, the location will give the company access to a large pool of industry-specific engineering, sales, marketing and business development professionals as it prepares for a full-scale launch in early 2007.

Read More »