Coupa Named a Leading Contender in the Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022

Tamir Shafer
Tamir Shafer
Vice President of Coupa Contingent Workforce (CCW)

Tamir Shafer is responsible for strategically growing this segment of Coupa’s business. Tamir holds a BSc in Finance from the University at Albany, SUNY, and resides in Boca Raton, Florida.

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Coupa Named a Leading Contender in the Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022

2022 is shaping up to be quite the stress test for corporate treasurers — lingering effects of the pandemic, forecasting challenges brought on by ongoing supply chain issues, and payment security within areas of conflict around the world. To future-proof their organizations during uncertain times, corporate treasurers need more than agility — they require full source-to-settle cash visibility to make timely and informed decisions about business growth, investments, funding, and cash forecasting.

Aite-Novarica Group has named Coupa Software a Leading Contender in its Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022. The report explores some of the key trends within the region’s treasury management system (TMS) market and discusses the ways in which technology is evolving to address new market needs and challenges. We are honored by this recognition and believe it validates Coupa’s Business Spend Management (BSM) approach, a comprehensive platform to provide visibility into and to manage any company’s transactions across treasury, finance, AP, procurement, and supply chain. 

About Aite-Novarica Group

Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, markets, and operations to hundreds of banks, insurers, payments providers, and investment firms — as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, their experts provide actionable advice to their client base, leveraging deep insights developed via an extensive network of clients and other industry contacts.

Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022
Aite matrix
Source: Aite-Novarica Group. Permission granted by Aite-Novarica Group. An excerpt of the Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022 is available upon request from Coupa Software Inc.

One BSM platform for a single end-to-end, source-to-settle unified experience

The Coupa cloud-based platform provides visibility into and control over how companies spend money and optimize liquidity, enabling businesses to make smarter decisions from cash to costs to risk in one single suite that unifies treasury, payments, risk, procurement, and supply chains.

“Liquidity is the lifeblood of an organization. To safeguard liquidity, especially in volatile economic times, treasurers need visibility via systems that enable them to be more agile and make smarter decisions on cash, debt, and investment management. Coupa’s BSM platform, which Treasury is an integral part of, ensures treasurers full visibility across company-wide spend activities, helping them maintain solvency, provide liquidity, anticipate future needs, and deliver significant additional business value to their organization,” said Enrico Camerinelli, Strategic Advisor, Aite-Novarica Group. (Read the press release here.)

“The value of one end-to-end, source-to-settle integrated experience on the Coupa Treasury platform cannot be achieved with a point solution. Coupa provides a one-stop solution for real-time visibility, deep granular insights, and complete control of financial data.” — Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022

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Coupa helps corporate treasurers spend time on what really matters

Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022 also cites Coupa’s no-code/low-code configuration that allows for highly customizable features that help create a low total cost of ownership. This means customers don’t have to invest any resources or budget in development. Corporate treasurers easily and independently build the interface which suits their team needs without tapping into company development resources. Central treasury and local teams collaborate more effectively from day one since Coupa can be rolled out quickly and easily to every subsidiary.

A dedicated SWIFT connectivity service enhances cybersecurity and streamlines global payments

To be connected to the SWIFT network, companies must meet several compliance obligations, including participation in the Customer Security Programme (CSP). The Aite Matrix Evaluation: Treasury Management Systems, EMEA highlights Coupa Treasury as a SWIFT connectivity services provider, offering its customers attestation and certification services as well as managing SWIFT membership maintenance.

“Coupa leads us through the SWIFT CSP assessment. We in treasury can concentrate on our tasks and the entire company benefits from more IT and process security.” — Eva Hess, Senior Manager Treasury and Risk Management at Siegfried Holding AG

Coupa’s track record of BSM innovation helps everyone succeed

According to Aite-Novarica Group, an additional element that “increases Coupa’s competitive advantage is represented by its strategy to deliver a strong rate of innovation to customers.” Coupa is now unifying advanced business spend management features that will better connect corporate treasurers to all aspects of their company’s spend. With treasury seamlessly rolled into Coupa’s BSM ecosystem, customers will be able to conduct even more accurate short- and long-term planning and forecasting. Coupa’s fully automated cash management, for example, gives complete visibility into a company’s cash position and allows corporate treasurers to focus on their strategic role.

Visibility into all the organization’s spend activity will also empower corporate treasurers to:

  • Use flexible payment dates to pay later and maximize yield on liquidity
  • Use excess liquidity to take advantage of early pay discounts provided by suppliers and vendors as a way to generate a higher cash-on-cash return
  • Help minimize exposure risk with unparalleled access to supplier data

Corporate treasurers will also be able to provide even greater value by harnessing the power of predictive insights with Coupa’s Launched in February 2022, is actually a set of spend management innovations that combine the power of data-driven artificial intelligence (AI) with person-to-person connections. It leverages nearly $4 trillion of cumulative spend data from across the Coupa BSM community to support use cases such as AI-powered cash forecasting, community-based benchmarking and insights (such as treasury cost insights), and embedded collaboration to connect treasurers across the customer community.

Thank you to our customers and the entire BSM community for the hard work and commitment to our collective mission that helped us achieve this recognition as a Leading Contender in the Aite Matrix Evaluation: Treasury Management Systems, EMEA, 2022.

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