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
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
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
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
'Maniacal Customer Focus' Earns CFO Respect in 'Quality of Work'
SAN MATEO, Calif. – July 31, 2014 – Coupa 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
Recognized for creating technology innovations for the Global Silicon Valley
SAN MATEO, Calif. – July 17, 2014 – Coupa 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
Leader in Energy Distribution Systems Slices Approval Times
for Capital Equipment by Almost Two Days
SAN MATEO, Calif. – June 13, 2014 – Coupa 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.
Cloud spend optimization leader establishes original Siebel Systems offices as their new global headquarters
SAN MATEO, Calif. – June 12, 2014 – Coupa 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.”
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.
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.