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.
Recognized for creating new opportunities in on-demand software, cloud computing, and SaaS for fourth consecutive year
SAN MATEO, Calif. – May 20, 2014 – Coupa 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.
New SuiteApp Meets the NetSuite SuiteCloud Platform's Development Standards and Documented Best Practices
NETSUITE SUITEWORLD 2014, SAN JOSE, Calif. – May 14, 2014 – Coupa, a leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small, announced today that its Coupa Cloud Procurement and Expense Management SuiteApp has achieved ‘Built for NetSuite’ verification. The new SuiteApp, built using NetSuite’s SuiteCloud Computing Platform, provides an easy-to-use, fast-to-deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of 400+ customers doing business with over 1,000,000 suppliers, Coupa enables NetSuite Inc. (NYSE: N) customers to achieve smarter spending practices and save money quickly.
Cloud Financial Apps Leader Starts Year Strong with $40 Million in New Funding, New Partnerships, and 100% Revenue Growth in First Quarter
SAN MATEO, Calif. – May 6, 2014 – Coupa Software, a leader in enterprise cloud applications for finance, today announced its results for the first quarter of 2014 highlighted by 100% growth over Q1, 2013. Coupa achieved extraordinary results that will fuel future growth. The company raised an additional $40 million in funding, signed key new partnerships, and expanded the executive team.
Coupa Software Earns Prestigious Software Industry Recognition
SAN MATEO, Calif. – April 29, 2014 – Coupa Software, a leader in enterprise cloud applications for finance today announced that its cloud platform is a finalist for the 2014 Software Information Industry Association (SIIA) CODiE Award in the Best Cloud Platform as a Service category. The SIIA CODiE Awards are the premier awards for the software and information industries, and have been recognizing product excellence for 29 years. The awards have over 75 categories and are organized by industry focus of content, education, and software.
Leader in cloud financial applications recognized by San Francisco Business Times and Silicon Valley Business Journal as one of the top 50 mid-size companies for a third year.
SAN MATEO, Calif. – April 24, 2014 –Coupa Software, the leading provider of cloud-based solutions for finance, today announced that it has been named a winner in the “Best Places to Work in the Greater Bay Area” awards, presented by the San Francisco Business Times and Silicon Valley Business Journal. For the third time, Coupa was ranked as one of the top 50 best mid-size companies to work for as voted by employees.
Cloud Financial Applications Leader Gives Box Users Easy Access To Improve Process Time and Increase Collaboration
SAN FRANCISCO, Calif. – Coupa INSPIRE Conference - April 17, 2014 – Coupa Software, a leader in cloud applications for finance, today announced an integration with Box, enabling enterprises to securely manage content and collaborate around every aspect of business spending.
This new set of capabilities allows Coupa users access to files in their Box workspace directly from within Coupa’s suite of applications. Coupa users that need to provide supporting documentation such as contracts, estimates, and RFPs are able to easily access and append any documents that are stored in their Box account. This integration is especially powerful for mobile users, allowing for instant access to accounts and the ability to create orders on their smartphones and tablets from Box.