Press Releases

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March 22nd, 2013

Rent-A-Center Saves Millions through Cloud Procurement Innovation with Coupa and IBM Smarter Commerce

Leader in Rent-to-Own Industry Realizes Significant Results

Across 4,000 Retail Locations

SOMERS, NY and SAN MATEO, CA – March 22, 2013 – IBM (NYSE: IBM) and Coupa Software today announced that Rent-A-Center, Inc. (NASDAQ: RCII), the nation’s largest rent-to-own operator, has achieved millions in savings by optimizing and centralizing its purchasing process in the cloud.

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March 14th, 2013

Coupa Invests in Global Market Expansion to Meet Demand

Spend Optimization Leader Expands Global Reach

by Adding International Teams and Opening New Silicon Valley Office

SAN MATEO, Calif. – March 14, 2013 – Coupa Software, the leader in cloud-based spend optimization solutions, today announced that the company is making significant investments to meet accelerated global demand. To support this growing demand, Coupa is adding both personnel and new office locations. Coupa is aggressively hiring experienced international personnel to support enterprises across Europe, Middle East and Africa (EMEA), Asia Pacific (APAC) and Latin America. The company is also expanding its worldwide headquarters in Silicon Valley with the addition of a second office in San Mateo, Calif.

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February 5th, 2013

Coca-Cola Bottling Company Quenches Its Thirst for Spend Optimization With Coupa

Coupa Brings Mobility and Unparalleled Adoption to Hundreds of Users

SAN MATEO, Calif. – February 5, 2013 – Coupa Software, the leader of cloud-based spend optimization solutions, today announced that Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE), the nation’s largest independent Coca-Cola bottler, has successfully rolled out its Coupa implementation. Coca-Cola Bottling Co. Consolidated (CCBCC) decided to swap out its legacy e-procurement platform and chose Coupa for its requisition to order process and for importing invoice information into one of its existing systems.

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January 17th, 2013

Coupa Announces Stellar Speaker Lineup For Industry’s Premiere Spend Optimization Event

Industry Thought Leaders and Customers Share Best Practices
For Creating a Successful Spend Optimization Strategy at Coupa INSPIRE

SAN MATEO, Calif. – January 17, 2013 – Coupa Software, the leading provider of cloud-based spend optimization solutions, today announced its speaker lineup for the forthcoming Coupa INSPIRE Conference being held April 8-10, 2013 at the Westin St. Francis in San Francisco. Coupa INSPIRE is the industry’s premiere event where industry analysts, customers, partners and Coupa executives will gather under one roof to discuss best practices in spend optimization.

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January 15th, 2013

Record 2012 Results Confirm Coupa’s Market Leadership in Spend Management

More than 100 Percent Revenue Growth for Fourth Consecutive Year,
3x Worldwide Spend Through Platform Year over Year,
More than 650,000 Suppliers Enabled

SAN MATEO, Calif. – January 15, 2012 – Coupa Software, the leading provider of cloud-based spend optimization solutions, today announced its 2012 results, highlighted by more than 100 percent revenue growth for the fourth consecutive year.

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January 7th, 2013

Coupa to Host First Annual Spend Optimization User Conference

SAN MATEO, Calif. – January 7, 2012 – Coupa Software, the leading provider of cloud-based spend optimization solutions, today announced that it will be hosting INSPIRE 2013, its first annual user conference, April 8-10, 2013 at The Westin St. Francis in San Francisco. Industry analysts, finance professionals and procurement leaders will attend the conference, which will focus on how companies can be successful in maximizing spend optimization.

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December 12th, 2012

Coupa Wins 2012 Best in Biz Award

Leader in Cloud-based Spend Optimization Solutions
Selected as Fastest-Growing Company of the Year

SAN MATEO, Calif. – December 12, 2012 – Coupa Software, the leading provider of cloud-based spend optimization solutions, today announced that it has been named a silver winner in the category of “Fastest-Growing Company of the Year” by the 2012 Best in Biz Awards, the only independent business awards program judged by industry analysts and members of the press.

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December 11th, 2012

Coupa Delivers Unparalleled Customer Success With More Than 50 New Customers Going Live in 2012

Company boasts industry’s most impactful track record
of implementation results

SAN MATEO, Calif. – December 11, 2012 – Coupa Software, the leading provider of cloud-based spend optimization solutions, today announced that it has taken more than 50 new customers live with their implementations in 2012 to date. The list includes companies like Jones Lang LaSalle Americas, Inc., Adidas Latin America, Orbitz Worldwide, Inc., The Blackstone Group and Coca-Cola Bottling Co. Consolidated. These new customers alone have already purchased more than $2 billion in spend through Coupa’s Software-as-a-Service (SaaS) platform and have saved an average of 11 to 13 percent on spend in 2012.

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December 4th, 2012

Coupa and OB10 Announce a Strategic Partnership To Offer Customers Integrated Paperless Invoicing

Alliance Provides Additional Value to Coupa’s Leading Cloud-based
Spend Optimization Platform

SAN MATEO, Calif. / LONDON – December 4, 2012 – Coupa Software, the leader of cloud-based spend optimization solutions, and OB10, the leading e-Invoicing network, today announced a strategic partnership that will provide Coupa and OB10 customers seamless integration between the two solutions and eliminate the need for paper invoices.

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November 27th, 2012

Coupa Joins OFS Portal Community to Optimize Spend for Oil and Gas Industry

SAN MATEO, Calif. – November 27, 2012 – Coupa Software, the fastest-growing provider of cloud-based spend optimization solutions, today announced that it has joined the OFS Portal community to better serve the upstream oil and gas industry by providing the leading solution to optimize spend.

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