News

We’re stirring things up and people seem to like it. See what the world has to say about Coupa.

January 10th, 2013 | Spend Matters

3 Essential Procurement Services For Small and Middle Market Businesses

We're big believers that 2013 is going to be the year that procurement technology adoption takes off in the SMB procurement market. But which technologies across the source-to-pay continuum are most suited to small and middle market environments? Hint: it's only a handful. Granted, there are opportunities for the full suite of capabilities (including strategic sourcing, eProcurement, e-invoicing, contract management, supplier management and related areas) from Ariba, SAP, Oracle, SciQuest and others that sell end-to-end capabilities (typically to much larger companies). Yet we believe that smaller and middle market companies are going to prioritize just a handful of areas for investment.

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December 21st, 2012 | Accounts Payable News

Big Data = Big News for 2013

As the year draws to a close, the question is – did 2012 deliver? Of course, as with many things, the answer depends a lot on who’s asking – and perhaps predictably the ultimate answer can only be one of yes...and no. Take the cloud for example. At the start of the year there was a lot of optimism around how the cloud was going to revolutionise B2B communications, and although to some extent it has, overall the uptake has been slower than predicted - mostly because of confusion over its application and concern over pricing structure and security.

 

 

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December 7th, 2012 | Business Journal

40u40: Rob Bernshteyn

Rob Bernshteyn

CEO/Coupa Software

Age: 39

Rob Bernshteyn got his entrepreneurial start in high school when he launched and managed a successful sports memorabilia business serving collectors on the East Coast. He became the youngest licensed sports collectables vendor and entrepreneur across what was a competitive landscape of more than 250 national distributors at the time. Fast forward – Bernshteyn has become an accomplished executive with 17 years’ experience in the software industry, specifically within traditional and software-as-a-service based models. Since founding Coupa Software, he has led the company through 13 consecutive quarters of revenue growth, highlighted by a 95 percent customer renewal rate.

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December 4th, 2012 | SpendMatters

Coupa and OB10 Tackle Accounts Payable with E-Invoicing Partnership

Earlier this morning, Coupa and OB10 announced a partnership in the accounts payable area, enabling Coupa's eProcurement users to tap the OB10 network for e-invoicing connectivity. According to the announcement, the "strategic partnership will provide Coupa customers with seamless integration to eliminate the need for paper invoices ... As a result of the Coupa/OB10 partnership, invoices from suppliers' billing systems now flow seamlessly into Coupa's cloud solution ... reducing invoice processing time, reducing costs, and introducing opportunities for early payment."

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November 30th, 2012 | CIO

Adidas Heads to the Cloud to Control IT Spending

CIO — Adidas Latin America decided to implement cloud-based procurement software to improve internal compliance and consolidate spending management. The company is a regional subsidiary of the Adidas Group sporting goods empire, which includes brands such as Adidas, Reebok and Rockport.

 

Procurement at $1.4 billion Adidas Latin America was complex--involving different currencies and languages--and disjointed. Some countries had developed homegrown procurement solutions; others had paper-based processes.

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November 9th, 2012 | businesscloud9

Cloud Maker: Coupa CEO Rob Bernshteyn's European ambitions

When last we sat down with Rob Bernshteyn, CEO of spend management start-up Coupa, the firm had talked about its intentions to expand into Europe. Things are moving on rapidly...

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November 7th, 2012 | vmblog.com

Coupa 2013 Predictions: How the Cloud Can Help Businesses Increase ROI in the New Year

People buy software for one of two reasons: to make money or to save money. If it doesn't do one of the two, they won't spend the money.

 

When cloud technology entered the scene, companies saved money because of faster deployments (faster time-to-value), and ultimately increased return-on-investment (ROI). 

 

As we move into 2013, we'll see even more people embracing the cloud within their own companies as the technology continues to become more mainstream.

 

Adopting the cloud - or more specifically, a 100 percent true cloud solution - as part of a company's tech strategy can serve as a serious game-changer.

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November 7th, 2012 | SpendMatters UK

Coupa announce a European update and client gains

We welcomes Coupa as our new Lead Sponsor yesterday, and with superb timing they just yesterday announced a European business update with some recent client wins across three countries.

 

In the UK, they’ve become the preferred partner for procurement-to-pay for  Bourne Leisure. Whilst you may not have heard of them, one of their three main brands is a UK household name – Butlins! Ah, happy memories of that holiday in Butlins Ayr many, many years ago…. The other brands are Warner Leisure Hotels and Haven, and overall they’re a substantial privately owned business, with over 12,000 staff.

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November 6th, 2012 | Accounts Payable News

Coupa add Haven, Butlins and Spotify to their client list

In a further example of the rapid expansion of Coupa Software into Europe, the organisation today announced that Bourne Leisure, (owners of Haven Holidays, Butlins sites and Warner leisure hotels),NNIT A/S, a leading IT consultancy in Denmark, and the digital music site Spotify, have selected Coupa as their spend optimisation solution.

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November 5th, 2012 | SpendMatters

A Spend Matters Sponsor Shake-Up!

Spend Matters rarely has much movement in the sponsor areas. We have limited the number of sponsors at any one time since the site was launched eight years ago this month. Yet our sponsors tend to stick around for a while, which has created quite a bit of demand for those who want to come in (especially on the Associate level, which is usually the entry point for most). But we recently had a few changes (as you may have noticed). D&B, a long-time Spend Matters Lead Sponsor, has moved over to our sister-site MetalMiner as a Lead Sponsor there (focused on supplier risk and supplier compliance) and has joined Spend Matters as a MetalMiner Affiliate Sponsor. More on this soon, including some exciting new offerings from D&B that we'll share in our introductory welcome post this week.

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