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We’re stirring things up and people seem to like it. See what the world has to say about Coupa.
Subway changes its menu, adds SaaS
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Subway IT decided that software usability was the selling point for a SaaS-based system: Subway is a fast-food franchise operation with some 35,000 restaurants worldwide. Like many big enterprises, it expected to host a new mission-critical spending-management system in-house. It ended up doing the exact opposite.
Subway orders up SaaS for spending management
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Subway has 35,000 restaurants across the globe and the data center capacity to internalize most technology needs, but the sandwich chain recently signed up for a spending management system hosted on Amazon.com’s (NASDAQ: AMZN) cloud platform. The company chose software-as-a-service rather than an in-house deployment largely because the hosted model was so user-friendly, reports Patrick Thibodeau at Computerworld.
How To Get Employees To (Really) Use New Technology
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Your IT team has spent months researching, selecting and launching a shiny, new technology – such as an enterprise cloud application – and you’ve been told it will revolutionize the way your company does business. The rub is, how can you be certain your employees will a) adopt it, and b) really gravitate to the tool and want to use it, versus resorting to traditional, alternative methods they already know well?
How the cloud could transform business procurement
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If you were looking to procure, say, the services of an unscrupulous private detective to hack into the mobile phone messages of politicians, celebrities, grieving relatives of war dead, child crime victims and casualties of terrorist atrocities. it’s highly unlikely you would use a procurement system. . . . But might they have changed their minds if they had heard about the benefits of adopting a cloud-based procurement system, or even a hybrid of on-premise and cloud?
Cloud Computing Should Lead to More Software Usage
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While most of the conversation surrounding cloud computing tends to focus on cost savings, the most important thing about cloud computing at the end of the day may prove to be more accessibility to applications. One of the disappointing things about enterprise software in general is its usability. Whether it is packaged software or custom developed, most end users don’t tend to rave about the user interface of the software at work. But in an era where more companies rely on software-as-a-service (SaaS) applications, Coupa CEO Rob Bernshteyn says that’s about to change.
Five Simple Ways to Reduce Spend Volume
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Following these practices, including the use of its technology, Coupa customers report spend reductions of 0.83% to 4.3%. Looking at industry segments, Coupa calculates that the retail industry overall, which had profits of $54.6 billion in 2010 overspent on procurement by $3.73 billion. The financial services industry, with $170 billion in profits, overspent by $3.48 billion. The point: there are significant savings to be gained by tightening up your spending practices.
New Coupa Release — Updated UI, Features, Same Opinionated Spend Management Attitude (Part 2)
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Coupa has opted to not only focus its recent release efforts on enhancing its UI and adding a number of new features (see screen shots throughout this post highlighting the updated user experience), but also on how it rolls out the solution to customers as well broader integration requirements based on different customer systems environments. Typical deployment periods are measured in weeks, not quarters (and very basic deployments can be handled in days).
New Coupa Release — Updated UI, Features, Same Opinionated Spend Management Attitude (Part 1)
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Coupa is not just a P2P or Spend Management tool when it’s used in this way — rather, it’s a single interface to drive all buying in an organized, highly- or semi-controlled manner depending on the system configuration and the categories of spend it supports.
Coupa Raises $12M to Help Companies Spend Smarter
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Coupa, the developer of a cloud spend management (CSM) platform, has raised $12 million in Series D funding led by Mohr Davidow Ventures with
El Dorado Ventures, BlueRun Ventures and Battery Ventures participating. This brings Coupa’s total funding to $27 million.
Taking the Amazon.com Approach
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Coupa is winning business from companies like Rent-a-Center that are looking for streamlined purchasing solutions that work a little more like consumer e-commerce websites and a little less like enterprise software. “We want to make it so intuitive that even if the alternative of going across the street to Home Depot is there, you’d never take it,” Bernshteyn says.