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Press Releases

Coupa’s Tremendous Growth in Q2 Bolsters Company’s Standing as Worldwide Leader in Spend Optimization

 

Company Shows 100% Revenue Increase and Important Milestones in Q2 2013, including Coupa’s Global User Conference, Product Innovations, Strategic Acquisition, and Award Recognitions

 

SAN MATEO, Calif. – August 6, 2013 – Coupa Software, the leading provider of cloud-based spend management solutions for finance, today announced its Q2 2013 results, highlighted by a 100 percent increase in revenue over Q2 2012 and record attendance at Coupa’s annual INSPIRE Conference.  Additionally, the company has now posted 18 quarters of sequential subscription revenue growth.

 

“Coupa has enjoyed such constant growth because of the unique partnership we forge with our customers in driving measurable business results,” said Rob Bernshteyn, CEO of Coupa.  “Our global expansion and position as the industry’s leader in cloud-based financial applications have been reinforced by a number of company milestones in just this past

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Coupa Software Releases New Sourcing Application, Augmenting Industry’s Most Innovative Cloud Spend Management Solution

 

Coupa 10 features host of new enhancements across Coupa’s Procurement, Expenses, and Invoicing applications

 

SAN MATEO, Calif. – July 31, 2013 – Coupa Software, the leading provider in cloud-based spend optimization solutions for finance, today announced the release of Coupa 10.  The new release features an entirely new sourcing application designed to bring sourcing to the masses,

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Coupa Survey: Employee Spending Gone Wild

 

“Maverick spending” estimated to cost companies hundreds of thousands annually; 33% even admit to stealing from the company in devious ways

 

SAN MATEO, Calif. – July 23, 2013 – Coupa Software, a leading provider of cloud-based spend optimization solutions for finance, today announced the findings of its 2013 Employee Spending Survey, fielded among 500 American office workers, aged 18 and older, conducted online by uSamp in June. 

 

The survey, which was drafted based on Coupa’s knowledge of workplace spending habits and norms, found that employees believe so-called “maverick spending” is costing their companies

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Coupa Named AlwaysOn Global 250 Winner

Maker of cloud financial applications cited for software innovation, market leadership

 

SAN MATEO, Calif. – July 9, 2013 – Coupa Software, a leading provider of cloud-based spend optimization solutions for finance, today announced that it has been chosen by AlwaysOn as one of the Global 250 winners.  AlwaysOn Global 250 honors those companies that demonstrate leadership among peers, along with technology that is likely to disrupt existing markets and

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Coupa and Orbitz for Business to Deliver Integrated Expense Management and Travel Booking Solution

 

Industry Leaders Partner to Help Companies Reduce Travel Costs

 

SAN MATEO, Calif. — June 25, 2013 — Coupa Software, a leading provider of cloud-based spend optimization solutions for finance, today announced they have partnered with Orbitz for Business, the corporate travel brand of Orbitz Worldwide (NYSE: OWW), to offer a seamless integration between their services and provide customers with a premier travel booking and expense management solution.

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Toyota Motor Sales Drives Over A Half Billion Dollars in Spending Through Coupa

Coupa’s Cloud Platform Fuels Toyota with Speed, Automation and Mobility

 

SAN MATEO, Calif.—June 13, 2013—Coupa Software, a leading provider of cloud-based spend optimization solutions for finance, today announced that Toyota Motor Sales, U.S.A., Inc. (TMS) has successfully processed over a half-billion dollars in spending through the Coupa platform. As a result, TMS has much better visibility into savings opportunities and has greatly streamlined its

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Coupa Software Named “Cool Vendor” by Gartner

Leading Analyst Firm Selects Innovative Companies
in the Procurement and Contract Life Cycle Management Market

 

SAN MATEO, Calif.—May 20, 2013—Coupa Software, a leading provider of cloud-based spend optimization solutions for finance, today announced that “Coupa is Still Cool” based on the May 2, 2013 report titled, Cool Vendors in Procurement and CLM, 2013 by Magnus Bergfors, Deborah R. Wilson and Michael Dominy at Gartner, Inc. The report highlights interesting, new and innovative vendors, products and services in the procurement software and contract life cycle management (CLM) software market. 

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Coupa To Exhibit at NetSuite SuiteWorld 2013

Company to Showcase New Coupa Procurement and Expenses SuiteApp

 

SAN MATEO, Calif.—May 13, 2013 Coupa Software, a leading provider of cloud-based spend optimization solutions for finance, today announced that the company will exhibit at SuiteWorld 2013 in booth #327. NetSuite’s annual user conference for customers, partners, media and industry analysts, is being held May 13–16 in San Jose, California at the San Jose Convention Center.

 

At the event, Coupa will showcase its Coupa Procurement and Expenses SuiteApp,

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Coupa Kicks Off 2013 with Record-breaking First Quarter Results

Company Demonstrates Continued Spend Management Leadership
Through Tremendous Subscription Revenue Growth

 

SAN MATEO, Calif. – May 9, 2013 – Coupa Software, the leading provider of cloud-based spend management solutions for finance, today announced its Q1 2013 results, marked by more than a 100 percent increase in revenue growth over Q1 2012. Additionally, the company has now experienced 17 quarters of sequential subscription revenue growth.

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Coupa Announces Annual Industry Benchmark Report

Spend Optimization Leader Reports Aggregate Data from its Cloud Platform For Companies to Assess Their Procurement Performance 

 

SAN MATEO, Calif. – April 30, 2013 – Coupa Software, the leading provider of cloud-based spend optimization solutions for finance, today announced The Coupa Benchmark report, the first in a series of annual reports that provides key performance indicators (KPIs) to further drive spend optimization. Coupa is the only company in the industry that has the ability to provide this actual aggregated benchmark data because the company’s technology is based on a true cloud platform.

 

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