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Axiata Selects Coupa as It Looks to Become a New Generation Digital Champion
Coupa equips leading Asian telco with comprehensive business spend management solution for source-to-pay
SAN MATEO, Calif. – November 27, 2018 – Coupa Software (NASDAQ: COUP) a leader in business spend management (BSM), today announced that Axiata Group Berhad, one of Asia's leading telecommunications groups, has chosen its BSM platform to provide a single, end-to-end solution for the company’s procurement source-to-pay. As Axiata pursues its vision to be a New Generation Digital Champion by 2020 (https://www.axiata.com/media/upload/investors_relations/axiata-2016/ar/highlights/group-strategy.php), it selected Coupa to unify its source-to-pay process on a single platform for visibility and control.
By deploying Coupa’s Source-to-Pay, Supplier Information Management, and Advanced Analytics tools, Axiata aims to lower procurement costs and increase spend transparency, starting with XL Axiata TBK Indonesia & Celcom Axiata Berhad Malaysia.
Axiata is working closely with Coupa in preparation for its go-live, with the expectation of achieving greater procurement efficiencies, cost reductions, and transparency internally and for its suppliers.
“We are excited to partner with Axiata to measure outcomes and success as it deploys in Indonesia and Malaysia,” said Mark Riggs, chief customer officer at Coupa. “As we increase our momentum and growth in Asia, we look forward to supporting Axiata’s digital transformation efforts and helping the company reach its business objectives.”
Coupa empowers companies around the world with the visibility and control they need to manage all their business spend in one place. To learn more, visit https://www.coupa.com/.
About Coupa Software
Coupa Software is the leading provider of BSM solutions. We offer a comprehensive, cloud-based BSM platform that has connected hundreds of organizations with more than four million suppliers globally. Our platform provides greater visibility into and control over how companies spend money. Using our platform, businesses are able to achieve real, measurable value and savings that drive their profitability. Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter
About Axiata
Axiata is one of the leading telecommunications groups in Asia with approximately 350 million customers and with a presence in 11 countries. In pursuit of its vision to be the New Generation Digital Champion by 2021, the Group has transformed itself from a holding entity with a portfolio of pure-play mobile assets into a Triple Core Strategy driven business with the focus on Digital Telco, Digital Businesses and Infrastructure. As a committed and long-term investor, Axiata provides employment to 25,000 people within its operations. In line with its sustainability goals, the Group actively supports and drives young talent development; disaster response and recovery; as well as green initiatives. Axiata’s broader goal Advancing Asia pieces together the best in the region in terms of innovation, connectivity and talent. Learn more at www.axiata.com.