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Coupa News
November 24, 2016 | Silicon Review
Welcome to a world where measurable business value is delivered as a service: Coupa Software
“Value is worthless until delivered.”
October 6, 2016 | Bloomberg
Coupa Surges After Shares in IPO Price at Top of Increased Range
Coupa Software Inc. more than doubled in its trading debut, after the company priced the shares in its initial public offering at the high end of an increased range.
Bloomberg: Coupa Surges After Shares in IPO Price at Top of Increased Range
October 6, 2016 | 24/7 Wall Street
Coupa Software More Than Doubles in IPO
Coupa Software Inc. (NASDAQ: COUP) entered the market drastically higher than what anyone really expected. The company priced its 7.4 million shares at $18 per share, at the high end of its expected pricing range of $16 to $18 per share. However, the company actually entered practically double this price. At the $18 price level, the entire offering was valued up to $153.18 million, also with consideration to its 1.11 million share overallotment option.
May 25, 2016 | PYMNTS
Will AP Rise To The Challenge As A Strategic Function Of The Enterprise?
If you think of the rise of corporate America over the last century, the function of the accounts payable department probably doesn’t come to mind as one of the main players. But something has happened over the last few years, according to Coupa VP of Strategy and Product Marketing Donna Wilczek: Technology has enabled AP professionals to become strategic and massively important to the success of any corporation, large or small.
May 17, 2016 | The Art of Procurement
The Tao of Procurement, with Jack Miles
My guest on the Art of Procurement today is John P. (Jack) Miles. There are few, if any, leaders in the procurement profession with the depth and breadth of experience as Jack. Jack has enjoyed multiple CPO roles at some of North America’s largest companies and has served as Secretary of the Florida Department of Managed Services.
May 16, 2016 | Fortune
Billionaire Richard Branson's Philosophy on Starting a New Venture: 'Screw It, Just Do It’
According to 65-year-old billionaire businessman Richard Branson, if you have an idea for a startup, one of the best decisions you can make is just to give it a try.
May 14, 2016 | App Developer Magazine
Coupa Software Releases New Cloud-Based Spend Management Solutions
Coupa Software, a cloud-based spend management solutions provider, has announced Coupa Release 15 (R15), which includes a hyperlocalized language feature that allows businesses to personalize their application language to their business vocabulary and collect end-user translation suggestions and make language changes instantly.
May 13, 2016 | Spend Matters
When Slowing Down May Speed You Up: Coupa Inspire 2016
We’ll be summarizing our current and comparative analysis of Coupa as well as our Inspire 2016 takeaways from the hundreds of company, partner and customer conversations that the Spend Matters team had at the event this week in a more detailed Spend Matters PRO analysis in the coming days.
May 13, 2016 | Supply Chain Management Review
Coupa’s New Cloud Spend Management Features Hyperlocalized Languages
Coupa Software, a cloud-based spend management solutions provider, recently announced Coupa Release 15 (R15), its second major release of the year that delivers enhancements across the platform.
May 12, 2016 | Diginomica
At Inspire, Coupa extends spend management footprint
On day two of its Inspire conference in San Francisco, cloud-based spend management vendor Coupa announced Release 15 of its source-to-pay product suite, adding a range of additional features just four months after the previous release.
May 12, 2016 | NBC Bay Area
Exclusive: Talking Tech With Sir Richard Branson
"You know, the last band I signed was the Rolling Stones..." Not a bad way to start a conversation, but really, just a regular story told from billionaire business mogul Sir Richard Branson. Yes, he's a "Sir," and yes, he was into music way before your iPod was invented.
May 12, 2016 | PYMNTS
Coupa Gets Closer To T&E With Sabre
Expense management firm Coupa is getting closer to the corporate travel space thanks to a new collaboration with Sabre. Corporate travel technology firm Sabre Corporation provides businesses with its GetThere online booking tool, a solution for businesses to ensure corporate travelers adhere to company policy while on business trips.
May 12, 2016 | Diginomica
Virgin billionaire Sir Richard Branson talks philanthropy
Billionaire Virgin entrepreneur Sir Richard Branson took to the stage at last week’s Coupa Inspire conference to talk about philanthropy, parenthood, leadership and changing the world.
May 12, 2016 | Spend Matters
A Quick Look at Suite Highlights and Coupa Release 15: Coupa Inspire 2016
Raja Hammoud, Coupa’s vice president of product management, kicked off the second day of Coupa Inspire with a morning keynote centered on the value of a suite approach to procurement technology. The core of her overall message centered on how Coupa is focused on the intersections of modules, or what she termed “suite synergy.”
May 12, 2016 | Spend Matters
Value as a Service and Design-Centered Procurement
I typically leave technology conference write-ups to my esteemed colleague Jason Busch, but I thought I’d chime in on some of my takeaways from the 2016 Coupa Inspire conference.
May 12, 2016 | CPO Rising
Coupa, Inspired!
A decade ago, as a favor to Coupa’s founders, I participated on calls with several VC firms who were looking at investing in the new start-up (Coupa). The discussions focused on market growth and general opportunities for new cloud software companies in the supply management space and in the eProcurement market in particular.
May 12, 2016 | Bloomberg
Richard Branson and Son Take on the Death Penalty
Richard Branson, Virgin Group founder, and Sam Branson, a social entrepreneur, adventurer and filmmaker, discuss how they are using the notions of entrepreneurship to achieve social change. They speak with Bloomberg's Cory Johnson on "Bloomberg Markets."
May 11, 2016 | Diginomica
Coupa CEO – we’re a ‘value as a service’ company
Forget software as a service and all the other as-a-service fads. The new mantra is value as a service, according to Rob Bernshteyn, CEO of procure-to-pay SaaS vendor Coupa. As he explained to a packed keynote audience at its annual conference in San Francisco yesterday, that means going beyond merely offering a product or service to deliver quantifiable business value.
May 11, 2016 | Spend Matters
Rob Bernshteyn on Oatmeal, Value and What’s to Come: Coupa Inspire 2016
Coupa CEO Rob Bernshteyn kicked off Inspire this year with a show of comic genius tying back to his personal mantra — which you can read in his new book — of “value as a service.” Using oatmeal as the focus of his opening tirade this year, he danced around the story of a failure of room service in a hotel to provide the value he wanted from a particular transaction: simply a bowl of oatmeal, on-time, without frills.
May 11, 2016 | Spend Matters
Coupa Inspire 2016: E-Procurement Customer Blocking and Tackling Still Matters
I had the chance to sit in with a small group of Coupa customers yesterday during an informal (non-sanctioned) meeting. A number of these organizations were relatively new to Coupa and were in the process of rollouts, some global, some regional.
May 10, 2016 | Accounting Today
Armanino Forges Coupa Software VAR Partnership
Armanino, provider of audit, tax, consulting and technology services and a Microsoft Dynamics and Intacct partner, announced the firm will become a value-added reseller of Coupa Software, the cloud-based spend management solution.
May 2, 2016 | CIO
10 tips to help CIOs reduce stress
The role of CIO can be a stressful one, and living under stress is something everyone should avoid. That's because overexposure to cortisol and other hormones that are released in times of stress can lead to health problems including anxiety, depression, sleep problems and heart disease.
April 11, 2016 | Art of Procurement
Why it is Critical for Procurement Technology to Provide Value to All Users
This week is Big Idea Week on the Art of Procurement – a mini series of shorter interviews with procurement thought leaders ahead of their participation in the Procurious Big Idea Summit.
March 29, 2016 | San Mateo Daily Journal
Reporters’ notebook
Developers, designers and interested citizens are invited to participate in an all-day competition to create Web and mobile apps that improve our communities. The top five winners with the best idea for an application or device will receive at least $1,500, giveaways and a chance to develop their concept in an Apps Challenge this fall.
March 16, 2016 | My Purchasing Center
Why "There’s an App for That" is So 2010 for Enterprise Mobility
pps have been closely associated with mobility since they exploded onto the scene with the launch of the Apple iPhone in 2007, followed by its app store in 2008. Soon “there’s an app for that” became a running joke denoting that just about anything that you wanted to do could be done on your phone using an app. We hit peak “app for that” when the American Dialect Society voted app the word of the year in 2010.March 9, 2016 | Technology Evaluation Centers
Coupa Delivers Release 14 of Its Cloud Spend Management Software—How the Vendor Listens to Its Customers
Coupa Software, a cloud spend management software provider, recently delivered Coupa Release 14, a platform update that adds many new features across both the Coupa cloud spend management software suite and Coupa Open Business Network.
February 16, 2016 | Reuters
RPT-DEALTALK-Technology stocks selloff may turn IPO chill into IPO freeze
The high-tech computing and storage company filed for a hotly anticipated initial public offering in December, ready to woo investors early in the New Year.
February 10, 2016 | Health IT Outcomes
Cloud Procurement Saves Healthcare Group $5.5 Million
Avalon Health Care Group reduced costs and gained budget visibility by deploying an automated procurement solution.
February 4, 2016 | Buyers Meeting Point
Do you Have Any Idea How Hard It Is To Research A Legal Company Online Names Contractually?
Last week I spoke with Donna Wilczek, Coupa’s VP of Strategy and Product Marketing, about the mid-January announcement that Coupa had acquired Contractually, described in the press release as “a cloud innovator based in Vancouver, Canada that helps reduce businesses’ reliance on antiquated processes or inadequate technology tools to version control or redline contracts.”
February 3, 2016 | Business Insider
The CFO may not be necessary anymore
CFO Insider is a weekly newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts.
February 2016 | Buyers Meeting Point
Integrating Amazon Business with an eProcurement Solution
Today Buyers Meeting Point welcomes Donna Wilczek, Coupa’s VP of Strategy and Product Marketing, as our guest. Donna has over fifteen years experience in SaaS product companies in roles across product management, services, marketing and sales working with customers ranging from Fortune 100 to mid-enterprise.
January 28, 2016 | Technology Evaluation Centers
Coupa Acquisition for Collaborative Cloud Contract Management Software Capabilities
Coupa Software, a cloud spend management software provider, has made a purely people and intellectual property (IP) acquisition. The addition of Contractually, a small cloud document collaboration software, will help Coupa bolster its cloud contract management software capabilities throughout the entire contract lifecycle management (CLM).
January 25, 2016 | Inc.
The Multibillion Dollar Industry That Should Be on Your Radar
The Cloud Gets Bigger The cloud is expanding. These major companies--now considered "unicorns" with a $1B valuation--prove the cloud market presents a prime opportunity.
January 14, 2016 | Diginomica
Coupa acquisition adds contract authoring to source-to-pay
Enterprise spend management vendor Coupa revealed today it has acquired Canadian startup Contractually, its fourth acquisition in the past year. The deal adds contract authoring to Coupa’s cloud-based source-to-pay suite.
January 14, 2016 | BetaKit
Contractually Acquired by California-Based Coupa Software
Contractually, a Vancouver-based cloud service provider that works on simplifying the contract process for businesses, has been acquired by California-based Coupa Software.
January 14, 2016 | Spend Matters
Coupa Buys Contractually to Improve Contract Management
Coupa has acquired cloud-based contract management solution provider Contractually. Terms of the deal were not disclosed, but Spend Matters believes this was not a substantial acquisition in financial terms.
January 14, 2016 | eWeek
Coupa Acquires Contractually to Smooth Contract Processes
Coupa Software, which makes a cloud-based set of tools that enables users to manage enterprise spending, on Jan. 14 announced the acquisition of Contractually, a cloud service provider that adds efficiencies to the often-tedious and slow-to-move contract process.
January 14, 2016 | ZDNet
Coupa buys contract management software maker Contractually
Cloud-based spend management software startup Coupa said Thursday that it has acquired Contractually. Financial terms were not disclosed. Based in Vancouver, Canada, Contractually makes cloud software for managing contract authoring and signature processes.
January 14, 2016 | diginomica
Coupa Acquisition Adds Contract Authoring to Source-to-Pay
Enterprise spend management vendor Coupa revealed today it has acquired Canadian startup Contractually, its fourth acquisition in the past year. The deal adds contract authoring to Coupa’s cloud-based source-to-pay suite.
January 14, 2016 | betakit
Contractually Acquired by California-Based Coupa Software
Contractually, a Vancouver-based cloud service provider that works on simplifying the contract process for businesses, has been acquired by California-based Coupa Software.
January 14, 2016 | Spend Matters
Coupa Buys Contractually to Improve Contract Management
Coupa has acquired cloud-based contract management solution provider Contractually. Terms of the deal were not disclosed, but Spend Matters believes this was not a substantial acquisition in financial terms.
January 14, 2016 | eWeek
Coupa Acquires Contractually to Smooth Contract Processes
Contractually's IP reduces businesses' reliance on obsolete processes or inadequate technology tools to version control or redline contracts.
January 14, 2016 | ZD Net
Coupa Buys Contract Management Software Maker Contractually
Contractually's pitch is that, while contracts remain a fixture in business-to-business transactions, the tools for writing and signing them via the Internet are cumbersome and outdated.
January 13, 2016 | Blog Talk Radio
Integrating Amazon Business with an eProcurement Solution
Today Buyers Meeting Point welcomes Donna Wilczek, Coupa’s VP of Strategy and Product Marketing, as our guest. Donna has over fifteen years experience in SaaS product companies in roles across product management, services, marketing and sales working with customers ranging from Fortune 100 to mid-enterprise.
January 12, 2016 | Tnooz
Seven ways business travel could benefit from tech this year
Travel managers, buyers and business travellers use tech to make their (working) life more productive and more simple, but the full potential has yet to be realised.
January 11, 2016 | EBN
3 Basics to Successfully Transform the Supply Chain with a Cloud Deployment
The cloud and Software-as-a-Service (SaaS) are making inroads with large enterprises because they promise better, faster, lower total cost of ownership ways to apply information technology to procurement and supply chain problems that have never been adequately addressed.
January 10, 2016 | VentureBeat
The CFO is dying. Long live the COO
CFOs today are being asked to use technology and data to grow the business, to give department heads better information so they make smarter decisions, and to help the company decide where best to invest incremental dollars or dial back spending.
January 7, 2016 | IT Business Edge
2016 Software Trends: The Evolution of Enterprise Software
No one knows how 2016 will play out, but it’s quite clear that companies that focus on creating value; on maximizing resources, people and time; on pushing the boundaries of innovation; and on using data to run their business smarter will have the agility and flexibility to manage through whatever will come.
January 4, 2016 | Samsung
3 Enterprise Financial Apps to Watch
Although a lot of financial enterprises were slow to support Android, given their historic reliance on legacy devices that are now fading from businesses in the U.S., they are moving increasingly toward Android-powered smartphones and tablets.
December 10, 2015 | Fortune
This Software Upstart Helps Fortune 500 Companies Control Spending
Does your company pay the best possible price for business supplies or corporate travel? Or could it negotiate a better deal?
November 25, 2015 | FierceCIO
CIOs need to leave the stacks behind to innovate for their business, expert says
Innovative companies of today can no longer rely on CIOs whose purview doesn't extend past back-office server stacks.
November 13, 2015 | VentureBeat
Coupa Ranked Number 110 Fastest Growing Company in North America on Deloitte’s 2015 Technology Fast 500™
The Savings-as-a-Service Company Attributes the Recognition to its Customer Success and Year-Over-Year Growth.
November 8, 2015 | VentureBeat
Don't over-complicate that acquisition
Companies make acquisitions for many reasons. For a high-growth company, I think the best reason is to grow faster.
November 10, 2015 | Rob Bernshteyn | EBN
The X-Y-Z Framework for Product Management
"What is your product roadmap?"
It's one of the biggest questions you get at an enterprise software company, and rightfully so. It's also a critical query fielded by electronics OEMs.
November 9, 2015 | Jessica Davis | InformationWeek
Amex Travel Dumps On-Premises For Cloud Apps
American Express Global Business Travel was saddled with 16 different legacy on-premises ERP systems. Rather than update, the $1.5 billion company ripped them out and replaced them all with simple cloud apps.
November 8, 2015 | Rob Bernshteyn | VentureBeat
Don’t over-complicate that acquisition
Companies make acquisitions for many reasons. For a high-growth company, I think the best reason is to grow faster. You can gain access to talent, speed up time-to-market, and snap up innovations that allow you to command a premium price.
July 27, 2015 | Thomas Finn | Healthcare Matters
Coupa Review: “Savings as a Service” Shakes Up Healthcare’s Thinking on Spend Management
“It’s the economy stupid” was a phrase coined by campaign strategist James Carville in support of Bill Clinton’s successful presidential run in 1992. And Coupa’s bid to become the spend management industry’s dominant solution provider is based on similar, simple wisdom.
July 2015 | CIO Story
Coupa Software Inc: Delivering Savings-as-a-Service That Drives Profitability
Another day, another round of big-dollar tech funding deals.
Oracle can be a strong financial backbone for global organizations, but many Oracle customers are challenged to optimize their Procure-to-Pay and Expense Management processes. Faced with siloed business processes and technologythat is not well integrated and was built for back office power users, they must deal with poor usability and adoption, incomplete data, and lack of real time visibility. In addition, customers today face increasingrequirements around compliance, regulations and policies.
READ MOREJuly 21, 2015 | Phil Wainewright | Diginomica
Juniper Networks refocuses spend management strategy
With its global roll-out of Coupa software, Juniper Networks has a new spend management strategy that focuses on high-value contracts.
July 13, 2015 | Xavier Olivera | Spend Matters
Spend Matters 50/50: Coupa – A Provider to Know in 2015
Coupa is one of our 50 Providers to Know. We will be highlighting all 100 companies (50 to Know, 50 to Watch) in our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs.
July 13, 2015 | Trevor Clawson | Forbes
Scaling Up And Into Europe - Coupa Banks On Core Values As Dublin Office Opens
A city isn’t a city without its ‘silicon’ district. London has Silicon Roundabout (opening out to Tech City), New York has Silicon Alley and, over in Ireland, Dublin welcomes high-tech companies to Silicon Docks.
July 9, 2015 | Jim O'Donnell | TechTarget
SAP Business Network faces spirited challengers
SAP paid almost $15 billion for the companies that comprise its SAP Business Network, but analysts think it might not have been money well spent.
July 8, 2015 | PYMNT.com
Coupa Buyout Tackles The Emailed Invoice
With the B2B Software-as-a-Service market booming, Coupa emerged as the industry’s latest unicorn following an $80 million funding round last month. The company offers cloud-based spend management tools for businesses and recently updated its software offerings to provide expense management and cash flow insight for both mobile and desktop platforms.
July 7, 2015 | Gina Hall | Silicon Valley Business Journal
San Mateo's Coupa Software buys Australian company to boost Savings-as-a-Service value
Coupa Software, a cloud-based invoice management platform, acquired InvoiceSmash on Monday for an undisclosed sum.
July 7, 2015 | Jason Busch | Spend Matters
InvoiceSmash Acquisition: Coupa Attempts to Smash Other E-Invoicing and Supplier Networks
Coupa announced Monday it had acquired InvoiceSmash, an upstart vendor from Australia that looks somewhat similar, on the surface, to the type of PDF extraction e-invoicing services offered by providers like Transcepta and Tradeshift, among others, that extract data and metadata from documents and then present them in an easy-to-leverage format from an accounts payable automation.
July 6, 2015 | Ben Kepes | Network World
Coupa acquires InvoiceSmash to bring clarity to invoicing
As organizational processes become ever more complex, finance departments are looking for solutions to help make their lives more efficient.
June 19, 2015 | PYMNTS.com
Coupa Enhances Enterprise Software Solution
Coupa Software, a provider of cloud spend management solutions for the B2B industry, has announced the rollout of a software upgrade, Coupa Release 13, to enhance its business capabilities.
June 11, 2015 | Phil Wainewright | diginomica
The digital rocket heading for enterprise procure-to-pay
After a week thinking about how enterprise procure-to-pay operates I’ve realized these processes are in desperate need of radical digital transformation.
June 1, 2015 | Heather Clancy | Fortune
Cloud software company Coupa snags $80 million to cut corporate spending
Coupa Software, a software startup that helps the likes of Salesforce, Sanofi and Swiss Re drive down procurement costs, has nearly doubled its backing with an oversubscribed $80 million round.
The financing was led by T. Rowe Price Associates along with Iconiq Capital and Premji Invest. Existing backers Crosslink Capital, Battery Ventures, and El Dorado Ventures also participated. The new money bring Coupa’s total funding to $165 million.
June 1, 2015 | Timothy Hay | Wall Street Journal
Coupa Valued at More Than $1 Billion in New Funding Round
Coupa Software Inc., an early entrant into the now-booming market for cloud-based enterprise software, has been valued at more than $1 billion in an $80 million funding round that will help the company expand into several new overseas markets, the company said.
The oversubscribed new funding round was led by new investors T. Rowe Price Associates, Iconiq Capital and Premji Invest, the company said. Existing investorsBattery Ventures, Crosslink Capital and El Dorado Ventures joined the round, the company said.
June 1, 2015 | Arik Hesseldahl | Re/Code
Cloud Startup Coupa Lands $80 Million Round at $1 Billion-Plus Valuation
Say hello to the latest cloud company to take an investment at a valuation of more than $1 billion. Coupa Software, a cloud startup that aims to help companies manage and control their spending, has closed an $80 million investment round.
Investment firm T. Rowe Price led the round along with Iconiq Capital, the investment firm that manages the personal fortunes of Facebook CEO Mark Zuckerberg and Twitter founder Jack Dorsey. PremjiInvest, the investment firm known for overseeing the personal wealth of Indian tech billionaire Azim Premji, also participated in the round.
June 1, 2015 | Gina Hall | Silicon Valley Business Journal
San Mateo-based financial software company attains 'unicorn' status
Coupa Software became the latest Silicon Valley company to join the unicorn club after raising an $80 million investment round on Monday.
T. Rowe Price Associates and Iconiq Capital led the round, with participation from new investor Premji Invest and existing investors Crosslink Capital, Battery Ventures, El Dorado Ventures and Rally Ventures. Qatalyst Partners served as the exclusive placement agent to Coupa in the transaction. The company has raised more than $165 million to date and is valued at more than than $1 billion,
READ MOREJune 1, 2015 | Jason Busch | Spend Matters
Coupa Valued at Over $1B in Latest Funding Round
Coupa Software, one of the leading and highest growth procurement technology suite providers, announced it raised $80 million in it latest funding round, bringing the total capital raised to over $165 million. The latest funding round was made at a post-money valuation of over $1 billion, according to the company.
READ MOREJune 1, 2015 | Heather Somerville | SiliconBeat
Funding flurry: Sumo Logic, Coupa Software, Snapchat
Another day, another round of big-dollar tech funding deals.
Monday morning brought news from Sumo Logic, a cloud-based machine data analytics platform, that the Redwood City-based firm had raised $80 million. The financing round — led by DFJ Growth, and including new investor Institutional Venture Partners and existing investors Greylock Partners, Sequoia Capital, Sutter Hill Ventures and Accel Partners — brings Sumo Logic’s total venture funding to $160.5 million.
READ MOREApril 16, 2015 | Business Wire | Venturebeat.com
Deloitte Selects Coupa’s Cloud-Based Spend Management Suite to Drive Bottom-Line Savings
Coupa Software, the leading provider of cloud-based spend management solutions announced today that Deloitte in Canada has deployed Coupa’s savings-as-a-service platform. Deloitte selected Coupa’s spend management suite in January 2015 to address its need for a centralized procurement process that could improve governance, reduce risk and help employees easily drive immediate savings.
February 11, 2015 | Thomas Kase | Spend Matters
Coupa Acquires Sourcing Solutions Startup ZenPurchase
Coupa, a firm known for its successful cloud-based procure-to-pay solution (with strong source-to-settle suite aspirations) and a ferocious growth pace, has just announced the acquisition of ZenPurchase, a tiny startup with no more than a handful of employees that only saw the light of day barely 2 years ago.
December 31st, 2014 | CIOReview.com | CIO Viewpoint
20 Most Promising Oil & Gas Technology Solution Providers
The Oil and Gas industry plays an indispensible role in facilitating business across various verticals with timely and adequate resources. Volatile market conditions, economic downswing, and increasing costs inadvertently persist as imminent challenges in the oil and gas sector. In recent times, there is a surging incidence of oil and gas companies deploying technology and software solutions such as cloud computing, virtualization applications, database services and tools for intelligent repair and monitoring. Furthermore, these solutions not just cater to the transient needs of the organizations but, also help them adhere to government regulations, reduce pollution and wastage that damage environment and human health, conserve resources and operational expenditure. However, many CIOs find it extremely challenging to navigate into the complex and fragmented oil and gas landscape when looking for service providers to aid them with consulting, implementation, and support.
December 18th, 2014 | Derek du Preez | Diginomica
TD Direct Investing rolls out Coupa to get to grips with spending
TD Direct Investing has rolled out Coupa to get to grips with its spending – savings are being made and procurement is getting control of costs as a result TD Direct Investing is a UK-based offshoot of the very large Toronto Dominion Bank in North America and provides online share trading to customers. Although TD Direct, by its very nature, is very used to handling and managing all things money related – up until a couple of years ago its internal spend management systems were in desperate need of an overhaul. Senior relationship manager at TD, Jon Utley, who looks after all third-party relationships, procurement, vendor management and contract management, explains that when he joined the procurement team it was very small and all procurement processes were carried out manually using Excel.
October 21st, 2014 | Nancy Clinton | Spend Matters UK/Europe
Coupa Inspire EMEA — Announcements and Customer Comments
In part two of our review (see part 1 here) of last week’s Coupa Inspire event, we look at the important messages …
In true Coupa style, they made the most of the opportunity to coincide their first EMEA user conference with some big announcements, sending the press releases out that morning.
Firstly: Coupa EMEA posts record growth as global enterprises and partners embrace the Coupa Cloud Suite. EMEA is Coupa’s fastest-growing region with 250% YOY revenue growth, 9 new partners in one quarter, a worldwide customer support centre in Dublin to support EMEA operations and
October 20th, 2014 | Nancy Clinton | Spend Matters UK/Europe
Coupa Inspire EMEA and 3 Announcements: Record Growth, Version 12 and a New Partner
Now, I would normally tweet live from an event, but at Coupa Inspire on Thursday last week there was so much to take in, visuals, music (loved the music, especially Alex Kleiner giving his keynote address to – who’d have thought – Metallica), lights, buzz, and more customers taking the stage than I’ve ever witnessed before, that I genuinely didn’t get time. It really did feel a bit like being on a set: “Lights! Camera! Sound! Action! and then the whole thing exploded! In fact there is so much to report back on, that you may have to look out for some additional posts
October 17, 2014 | Derek du Preez | diginomica
Coupa and NetSuite form ‘unique’ selling partnership
Going forward, NetSuite users will be able to access a custom built version of the Coupa Cloud Procurement and Expense Management SuiteApp. Businesses can use the app to improve spend visibility and use the insights gleaned to improve purchasing decisions and realize savings.
October 17, 2014 | PYMNTS | PYMNTS.com
Coupa and NetSuite Partner On Expense Management and Procurement
Going forward, NetSuite users will be able to access a custom built version of the Coupa Cloud Procurement and Expense Management SuiteApp. Businesses can use the app to improve spend visibility and use the insights gleaned to improve purchasing decisions and realize savings.
October 9th, 2014 | ComputerWeekly.com | TechTarget
Application integration demands a light touch in the cloud
The appeal of cloud applications is irrepressible. Low capital costs, flexibility and “free” upgrades – anyone who has experienced behemoth on-premise application upgrades can be easily swayed by the appeal.
Last year, IDC forecast that from 2013 to 2017 spending on public IT cloud services would enjoy a compound annual growth rate of 24% – five times that of the
September 8th, 2014 | Ilene MacDonald | FierceHealthFinance
Molina Healthcare's new centralized procurement operation saves time, money
Accounts payable (AP) and the cloud may hold the secret to providing quality healthcare.
At least that's what Molina Healthcare--an organization that provides healthcare to financially vulnerable families and individuals covered by government programs--discovered when it created an in-house centralized procurement operation, a move that kept administrative costs down while it expanded staff and membership.
Rapid growth was the main reason the Long Beach, California-based organization, which offers health plans in nine states and has medical clinics in California, Florida, New Mexico, Virginia, Washington and Utah, decided to centralize the process, Bryce Berg, vice president of corporate administration (pictured right), told FierceHealthFinance in an exclusive interview.
When Berg came to Molina in 2010, the organization was experiencing
September 4th, 2014 | Proquest LLC | Insurance News Net
Molina Healthcare's Bryce Berg Gets Coupa Innovation Leaders Award
Coupa Software reported that Bryce Berg, Molina Healthcare's Vice President of Corporate Administration, has won Coupa's Innovation Leaders Award in Healthcare.
The company said that the award recognizes Berg's successful transformation of Molina's procurement sourcing and invoicing processes, an initiative that has facilitated Molina's growth.
According to a release from the company, the Coupa Innovation Leaders Award recognizes
September 2nd, 2014 | Stuart Lauchlan | Diginomica
Coupa’s Irish eyes are smiling as global customer support moves to Europe
California-based spend management firm Coupa is shifting its global customer support operation to Dublin, Ireland as it looks to be perceived as an international player
One thing the Irish government has done well is prove to be an attractive destination for US tech companies – and increasingly cloud companies in particular – to set up their European headquarters. Last week, for example, Derek highlighted Birst as being the latest to join the likes of Google and Amazon in the Emerald Isle.
But none of those firms has done what spend management firm Coupa has just done which is to route its entire global customer support operation through Dublin.
August 20, 2014 | Business Wire | VB
Coupa Named to Inc. 500 List of America's Fastest-Growing Private Companies
Coupa Software, the leading provider of cloud solutions for finance, today announced it has been named to the Inc. 500 list for 2014. It is Coupa’s debut in the annual list, highlighting revenue growth of 1,023 percent between 2010 and 2013.
June 25th, 2014 | Jason Busch | Spend Matters
Coupa Inventory: Expanding the P2P Value Proposition and Surrounding Core Financials
Earlier this spring, Coupa provided a briefing and demonstrated a version of its latest inventory module to Spend Matters. Coupa sells its inventory module as an add-on to core procurement but separately from accounts payable, contracts management, and other suite components. But the question remains: in its initial release, does it provide enough value to justify the added cost and modular expansion for companies using other Coupa suite components?
After seeing it, Chief Research Officer Pierre Mitchell and Managing Director Jason Busch argue in this Spend Matters PRO research brief that Coupa’s new inventory management capabilities are likely to bring the company closer to marginalizing the
May 27th, 2014 | Paul Demery | InternetRetailer.com
An online procurement system slashes costs for a health care company
With a new online procurement system for stocking its 55 health care facilities with supplies ranging from medical equipment to cleaning supplies, Avalon Health Care is saving money while also slashing the time it takes to receive supplies.