Press Releases

Coupa Kicks off Worldwide Roadshow Series

Events Announced in Chicago, New York, Toronto, Zurich and Sydney

 

SAN MATEO, CA – September 18, 2014Coupa Software, the leading provider of cloud applications for finance, announced today dates and locations for its annual roadshow event series, Coupa One Vision World Tour 2014.

 

The series will showcase how Coupa’s vision for financial management, operational efficiency and spend optimization is creating immediate success for customers.

 

Each one-day event will feature interviews with Coupa customers, roundtable discussions regarding industry and technology trends, best practices and product demonstrations. Attendance at the events is free-of-charge for all registrants. 

 

The One Vision world tour will visit five cities across the globe this fall, including Chicago, New York, Toronto, Zürich and Sydney. Information on the September 9 kickoff event in San Francisco is available on the event’s web page, including agenda, presentation videos, slide materials and more.

 

“Coupa's One Vision in San Francisco gave us direct access to the team that is driving the next generation of solutions,” said Steven Jo, head of sourcing and procurement at Silicon Valley Bank. "It was a great way to connect with other Coupa customers about their own use of the Coupa Suite to optimize the spend in their companies."

 

To learn more or register for the events, please visit the event pages using the links below.

 

About Coupa Software

Coupa Software is the leading provider of cloud-based financial applications. More than 450 customers in over 40 countries use the Coupa suite of financial applications to support business agility and reduce costs. Only Coupa provides a suite of true cloud applications for finance, including accounts payable, sourcing, procurement and expense management that allows customers to realize a return on their investment within a few months and savings that continually impact the bottom line. Learn more at www.coupa.com. Read more at our company blog, Making Cents or follow @Coupa on Twitter.

 

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Coupa Welcomes Roger Siboni to its Board of Directors

SAN MATEO, CA – September 18, 2014 – Coupa Software, the leading provider of cloud applications for finance, today announced that it has appointed Roger Siboni, former Deputy Chairman and Chief Operating Officer of KPMG, to its board of directors. Siboni is a recognized and widely respected business leader with more than 30 years of experience that has focused on executive level management in technology and finance.

 

Siboni spent more than 20 years at KPMG LLP, serving as Deputy Chairman, Chief Operating Officer and worldwide head of KPMG’s Technology Practice. While with KPMG, his operating experience helped the billion-dollar firm achieve triple-digit growth within its consulting and high technology practices. He then served as chairman and CEO of customer relationship management (CRM) vendor Epiphany, Inc.

 

Siboni’s experience also includes serving on the Board of Directors for several Silicon Valley companies such as Marketo, Postini, Macromedia, Infogroup, Active Software, ArcSight, IronPlanet, Cadence Design Systems and Dolby Laboratories. Siboni also served on the board of Mandiant Corporation, a key innovator in the area of IT security.

 

He served as chairman of the Haas Graduate School of Business at the University of California at Berkeley, and also served on the boards of the San Francisco Exploratorium and the Rhode Island School of Design. He has been a Certified Public Accountant in New York and California, and holds a B.S. degree in Business Administration from the University of California at Berkeley.

 

“Roger is an exceptional business leader, and we know he will be a huge asset to our board of directors team,” said Rob Bernshteyn, CEO of Coupa. “He has a wealth of operating, board and audit committee expertise gained through his executive and advisory roles, and he is also very well-connected in our industry. He shares our vision of working relentlessly to make customers successful.”

 

“I am both proud and excited to be a part of the company’s board of directors. I can see that Coupa has fundamentally transformed the way global companies large and small can create success in their businesses through SaaS-delivered financial applications,” said Siboni. “Coupa has created a repeatable recipe for success that is driving more global brands to the Coupa platform and fueling its global expansion.”

 

The news comes in a year of many major accomplishments for Coupa. In March 2014, Coupa announced $40M in venture capital funding to accelerate development and corporate expansion. The company announced a 100 percent increase in revenue in Q2 2014 over Q2 2013. Coupa was also recognized as a leader in the “The Forrester Wave™: eProcurement Q2 2014” report issued by Forrester Research Inc. in May 2014. More information on Coupa’s second quarter can be found in the company’s second quarter 2014 momentum press release.

 

Coupa now has approximately 270 employees and expects to grow to more than 300 employees by the end of the year. Coupa is actively recruiting for its engineering, product development, sales and marketing departments. Learn more about opportunities at Coupa on the company’s career page.

 

About Coupa Software

Coupa Software is the leading provider of cloud-based financial applications. More than 450 customers in over 40 countries use the Coupa suite of financial applications to support business agility and reduce costs. Only Coupa provides a suite of true cloud applications for finance, including accounts payable, sourcing, procurement and expense management that allows customers to realize a return on their investment within a few months and savings that continually impact the bottom line. Learn more at www.coupa.com. Read more at our company blog, Making Cents or follow @Coupa on Twitter.

 

 

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Bryce Berg of Molina Healthcare Wins Coupa Innovation Leaders Award

 

Fortune 500 health care provider takes on transformative approach to spend management

 

San Mateo, Calif. – August 28, 2014 – Coupa Software, the leading provider of cloud applications for finance, announced today that Bryce Berg, Molina Healthcare’s Vice President of Corporate Administration, has won Coupa’s Innovation Leaders Award in Healthcare. The award recognizes Berg’s successful transformation of Molina’s procurement sourcing and invoicing processes, an initiative that has facilitated Molina’s growth.

 

The Coupa Innovation Leaders Award recognizes individuals or teams who have

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Coupa’s Explosive European Growth Drives New Hub in Dublin, Ireland

 

Dublin Centre to Serve as Customer Success Basecamp for Company’s Fastest-Growing Region

 

DUBLIN – 20 August 2014 – Coupa Software, the leading provider of cloud applications for finance, announced today the opening of a new European customer support hub in Dublin, Ireland. The addition is a key element of Coupa’s global expansion plans and will accelerate the cloud-enabled automation of financial processes for businesses based in Europe, helping them save millions.

 

EMEA was Coupa’s fastest-growing region during the first half of 2014 as sales grew by more than 200 percent compared to the

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Coupa Named to Inc. 500 List of America’s Fastest-Growing Private Companies

 

Growth of More than 1000 Percent Secures Coupa’s Debut in Inc. Magazine’s Annual Ranking

 

SAN MATEO, Calif. – August 20, 2014 – Coupa Software, the leading provider of cloud solutions for finance, today announced it has been named to the Inc. 500 list for 2014. It is Coupa’s debut in the annual list, highlighting revenue growth of 1,023 percent between 2010 and 2013.

 

The Inc. 500 is an annual list of the fastest growing private companies in America. The companies must be U.S.-based, privately held, for profit and independent – not subsidiaries or divisions of other companies – as of December 31, 2013. The companies of the Inc. 500 represent the

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Coupa Posts Breakthrough Second Quarter on Global Expansion

 

Second Quarter marks 22nd consecutive quarter of subscription revenue growth

 

SAN MATEO, Calif. – August 12, 2014 – Coupa Software, the leading provider of cloud-based spend management solutions for finance, today announced its Q2 2014 results, highlighted by a 100 percent increase in revenue over Q2 2013 and record attendance at Coupa’s annual INSPIRE Conference. Additionally, the company has now posted 22 quarters of sequential subscription revenue growth.

 

“Coupa has enjoyed such consistent growth because of the unique partnership we forge with our customers in driving measurable business results,” said Rob Bernshteyn, CEO of Coupa. “We’re deeply proud of our position as the industry’s leader in cloud-based financial applications and extremely

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Coupa Named a Best Supplier by The CFO Forum

 

'Maniacal Customer Focus' Earns CFO Respect in 'Quality of Work'

 

SAN MATEO, Calif. – July 31, 2014Coupa Software announced today that it has been named to the CFO Forum’s Best Suppliers 2014 List. Coupa was noted specifically by CFO voters as a leader in the industry in the ‘Quality of Work’ category.

 

“We take great pride in being named a Best Supplier on this year’s list,” said Rob Bernshteyn, CEO of Coupa. “Creating customer success is

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Coupa Named an AlwaysOn Global 250 Winner

 

Recognized for creating technology innovations for the Global Silicon Valley

 

 SAN MATEO, Calif. – July 17, 2014Coupa Software announced today that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 winners.  Inclusion in the AlwaysOn Global 250 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players in the Global Silicon Valley. 

 

Coupa was selected based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media attention.  Coupa and the AlwaysOn Global 250 companies will be honored at AlwaysOn’s 12th annual Innovation

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NPL Construction Co. Builds Success with Coupa

 

Leader in Energy Distribution Systems Slices Approval Times

for Capital Equipment by Almost Two Days

 

SAN MATEO, Calif. – June 13, 2014Coupa Software, the leading provider of cloud applications for finance, today announced it has driven success for NPL Construction Co., a leader in energy distribution construction. By using Coupa, NPL has decreased request-to-approval time on capital equipment by 11 hours and achieved significant cost efficiencies through a better-managed supplier network.

 

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Coupa Software Continues Expansion With New World Headquarters

 

Cloud spend optimization leader establishes original Siebel Systems offices as their new global headquarters

 

SAN MATEO, Calif. – June 12, 2014Coupa Software, the leading provider of cloud applications for finance, today announced that the company has relocated its two downtown San Mateo offices to one new worldwide headquarters complex. The 26,200 square-foot offices, located at 1855 S. Grant Street, originally housed Siebel Systems. Coupa has global offices throughout the United States, EMEA, and Australia.

 

“Our rapid hiring and maniacal focus on customer success required us to invest in one large central location for our growing employee base,” said Rob Bernshteyn, CEO of Coupa. “It’s fitting that our new world headquarters will be in the original offices of Siebel Systems.  While Siebel Systems was an early innovator in helping companies leverage information technology to drive sales effectiveness, Coupa is helping companies on the other side of the transaction.  We are pioneering a new category of applications that help companies leverage information technology to optimize their spending.”

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