Press Releases

MEDIA ALERT: Ruby Creator Presenting at Coupa

 WHAT:  Ruby creator, Yukihiro “Matz” Matsumoto, will be visiting the Coupa offices with a Japanese delegation of government officials, engineering students, and technology leaders to discuss the opportunities and challenges surrounding Ruby 2.0.

 

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Study: Majority of Healthcare Pros Opposed to Obamacare While Admitting Benefits

 

Coupa Software-commissioned research shows 56 percent are opposed to the Affordable Care Act (ACA) but majority also believe it could increase coverage and eliminate spending inefficiencies

 

SAN MATEO, Calif. – September 30, 2013 – Coupa Software, a leading provider of cloud-based applications for finance, today announced the results of its 2013 Healthcare Survey of 200 top healthcare professionals across the U.S. Findings show administrative redundancy and unnecessary complexities in our public and private healthcare programs are a major source of waste. The results come ahead of a pivotal week for the new healthcare laws, with exchanges officially opening for enrollment tomorrow.

 

As experts in efficient spending, Coupa is concerned about the issues facing healthcare professionals today and their impact on patient care. Coupa for Healthcare is one of the leading cloud applications that healthcare facilities around the globe rely on to reduce costs and risk unique to healthcare.

 

According to the 2013 Healthcare Survey, 78 percent of healthcare professionals identified spending inefficiencies in their workplace. Top concerns included: 

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Coupa Helps Identify $14 Billion in Government Waste

Cloud-based platform can address $239 billion of government expenditures

 

SAN MATEO, Calif. – September 19, 2013 – As Congress prepares for budget showdown talks, Coupa Software, the leading provider in cloud-based spend optimization solutions for finance, today shared its analysis of the U.S. Federal Government’s spending in 2012. Analyzing the 2012 data collected from USAspending.gov, Coupa’s industry experts have determined the Federal Government could have realized $14 billion in annual cost savings. These savings are equivalent to the annual salary of 271,987 public school teachers or the average annual healthcare insurance costs for 2,493,321 Americans. (1)

 

Public records show in 2012 the Federal Government’s total budget through prime award contracts was $517 billion. Of those, at least $239 billion were for

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Coupa Hires ex-Oracle Software Executive JP Krishnamoorthy

Industry expert named vice president of engineering for cloud-based spend optimization leader

 

SAN MATEO, Calif. – September 12, 2013 – Coupa jp-photoJP KrishnamoorthySoftware, a leading provider of cloud-based spend optimization solutions for finance, today announced that former Oracle executive JP Krishnamoorthy has joined the company as vice president of engineering, effective immediately.

 

Krishnamoorthy, a seasoned software-development executive, will be responsible for overseeing the engineering and development organizations, which deliversCoupa’s cloud-based enterprise applications. He brings decades of experience managing projects with hundreds of employees worldwide and overseeing the development of products that generated hundreds of millions of dollars in global revenue.

 

“We are redefining the world of cloud applications for finance,” said Rob Bernshteyn, chief executive officer, Coupa. “JP’s deep-rooted expertise leading development teams and personal

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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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