Press Releases

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 first half of 2013.

 

“With a relentless focus on customer success, we created this support hub to be closer to our customers in EMEA and to significantly enhance our global support capability,” said Rob Bernshteyn, CEO of Coupa. “Our customers in this region can expect immediate value as we accelerate and better localize our support capabilities. The Dublin team is a self-sufficient provider of local customer service and is a key element of our expanding global operations.”

 

The Dublin centre helps Coupa address requirements particular to the European Union such as data privacy and protection regulations – key factors for European companies considering cloud-based technologies. 

 

The centre also expands the time-zone coverage of Coupa’s combined global customer support organisation, giving the company the ability to work directly with customers locally while benefiting from a more globally integrated technical support capability.  Coupa estimates that it will reduce turnaround time for customer service requests by up to 50 percent in both EMEA and North America.

 

"We see Dublin as the ideal springboard for our expansion in EMEA. The Silicon Docks in Dublin are a rival to other tech hubs around the world,” said Alex Kleiner, General Manager, Coupa EMEA. "Given Dublin’s incredibly strong pool of engineering talent and its entrepreneurial spirit, it makes sense that so many Silicon Valley companies like ours are expanding or launching operations here."

 

Coupa also announced it has named Kieran Brady of Coupa Dublin as the company’s head of customer support worldwide.  As Vice President of Global Technical Support and Technical Account Management for Coupa, Brady will head Coupa’s support teams in Dublin as well as San Mateo, California and Reno, Nevada.

 

“We are thrilled to have Kieran lead our globally integrated customer support function from our Dublin centre,” said Kleiner. “These are the first of a number of initiatives in Coupa’s global expansion that help us scale quickly to meet demand while ensuring the top-of-class customer support that has always set Coupa apart.”

 

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 will hold its first annual Coupa INSPIRE EMEA conference in London on 16 October 2014. Coupa INSPIRE is an event where organisations can hear first-hand from Coupa customers, company experts and other industry visionaries on the power of cloud-based spend management. To register or learn more about the event, visit http://coupainspire.com/.

 

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.

 

To contact Coupa EMEA directly, visit http://www.coupa.com/our-offices or dial +44 (0) 207 203 2043.

 

 

About Coupa Software

Coupa Software is the leading provider of cloud-based financial applications. More than 450 customers headquartered 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: coupa.com. Read more at our company blog, Making Cents or follow @Coupa on Twitter.

 

 

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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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Coupa Software Releases 2014 Procurement Benchmark Report

 

 

Annual industry report from leader in cloud financial applications reveals key performance indicators for procurement and financial leaders 

 

SAN MATEO, Calif. – June 3, 2014 – Coupa Software, the leading provider of cloud applications for finance, today made available its 2014 Coupa Benchmark Report, the industry’s leading annual benchmark of key performance indicators for procurement and financial leaders. 

 

As companies seek to improve their performance in driving savings and increasing efficiencies, the Coupa Benchmark Report serves as a powerful tool for measuring a company’s spend optimization performance relative to that of the overall market. By comparing their efforts to other businesses, finance professionals can better understand the relative effectiveness of their efforts and find areas of opportunity for future growth.

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Coupa Named a Leader in e-Procurement by Independent Research Firm

 

Coupa Received Highest Score for Both Current Offering and Strategy

 

SAN MATEO, Calif. – May 23, 2014 – Coupa Software, the leading provider of cloud applications for finance, today announced that the company was recognized as a leader in the “The Forrester Wave™: eProcurement Q2 2014” report issued by Forrester Research Inc.

 

Coupa was among the select companies Forrester invited to participate in the independent report, which evaluated 11 of the largest Procure-to-Pay platforms by their ability to deliver visibility and control through high user adoption.

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Coupa Software Named an OnDemand Top 100 Winner by AlwaysOn

 

Recognized for creating new opportunities in on-demand software, cloud computing, and SaaS for fourth consecutive year

 

SAN MATEO, Calif. – May 20, 2014Coupa Software, the leading provider of cloud-based solutions for finance, today announced that it has been chosen by AlwaysOn as one of the OnDemand Top 100 winners for the fourth year running. Inclusion in the OnDemand 100 signifies leadership among its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Coupa was selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

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