Press Releases

Coupa Software Wins AlwaysOn OnDemand 100 Recognition For Second Consecutive Year

Cloud Leader Named to Exclusive List for Creating New Opportunities In Cloud Computing and SaaS

SAN MATEO, Calif., April 30, 2013Coupa Software, the leading provider of cloud-based spend optimization solutions for finance, today announced that it has been chosen by AlwaysOn as one of the OnDemand Top 100 winners for the second consecutive year. Inclusion in the OnDemand Top 100 signifies leadership among its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Coupa was specially 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.

Coupa and the OnDemand Top 100 companies will be honored at AlwaysOn’s OnDemand event on May 20, 2013, at Hewlett-Packard’s Executive Briefing Center in Palo Alto, Calif.

This two-day exclusive event treats attendees to a high-level debate and discourse on top trends and opportunities in the SaaS, cloud, on-demand and mobile enterprise sectors.

“The world of the cloud is beginning to live up to its promise of expanding and enhancing almost every sector of the technology world. Public, private and hybrid – the cloud infrastructure companies that can provide the most robust, always-on performance are the ones that are propelling us into a completely new digital age,” says Tony Perkins, founder and editor of AlwaysOn. “This year’s OnDemand Top 100 winners represent the companies that are not only providing the space to develop daring, indispensible applications for a growing and increasingly mobile universe, they’re also making sure that everyone has their information, data, media, and apps whenever and wherever they happen to be. The innovations these companies are developing go beyond consumer, beyond business enterpriseit’s the future, in the palm of your hand, on your desktop, in your car. The on-demand paradigm is computing, and the Global Silicon Valley has never been more ready to take on its challenge.”

The OnDemand Top 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2013 list.

Coupa was founded on the premise that it should be easy for people to help save their company money, and today, the company provides its cloud-based SaaS platform to more than 300 companies across 40 countries worldwide. Coupa’s focus on customer success is what has allowed the company to go from an industry where only 25-35 percent of software gets implemented, to levels of 95 percent plus.

A full list of all the OnDemand Top 100 winners can be found on the AlwaysOn website at: http://aonetwork.com/announcing-the-2013-ondemand-100-top-private-companies/.

“Coupa offers customers the most comprehensive suite of organic, cloud-based applications for finance in the industry,” said Tony Wessels, vice president of marketing for Coupa. “We set ourselves apart from all of the other competitive solutions on the market because we enable finance organizations to fully optimize spend in procurement, invoicing and expenses. It’s an honor to be named a 2013 AlwaysOn OnDemand Top 100 winner alongside other innovative technology companies that are finding new ways to disrupt the market.”

About Coupa Software
Founded in 2006, Coupa Software is the leading provider of cloud-based spend optimization software. More than 300 customers in 40 countriesuse the Coupa suite of cloud applications to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true suite of cloud applications for finance, including procurement, expense management and accounts payable that enables customers to launch the solution immediately and quickly realize significant savings. Learn more at: https://www.coupa.comor call 650.931.3200. Read more at our company blog, Making Cents, or follow @Coupa on Twitter.

About AlwaysOn
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins, in 2003, AlwaysOn’s mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers and advertisers like no other media brand.