Coupa and National Retail Federation Present Webinar on Best Practices for Controlling Costs and Effectively Managing Spend

SAN MATEO, CA – Aug 24, 2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced a joint Webinar with the National Retail Federation (NRF) entitled, “Retail Secrets for Recovering Lost Spend” on Thursday, August 25. The webinar featured a best practices panel discussion for eliminating waste and delivering significant savings, moderated by Henry Ijams, Managing Director at Paystream Advisors. Panelists include: Scott Jones, Purchasing Manager, The Container Store; the Senior Purchasing Analyst from a premier specialty retailer; and Ashish Desphande, Director of ProductMarketing, Coupa Software.

Rising merchandise costs, geographically distributed stores, limited local IT expertise and high workforce turnover are all challenges retailers currently face. And according to a recent Coupa blog post, data shows retailers are focusing spending on revenue-generating activities, e.g. increasing print and marketing spend in preparation for a sale. As such, this Webinar will touch on why it is paramount to control not only the costs of direct merchandise, but also indirect spend, such as the non-merchandise, store operational spend and services.

Retail and technology experts will share how retailers can eliminate waste and recover lost spend. Specifically, Webinar attendees will gain insights into how leading retailers are able to:

• Control and reduce costs – without resorting to layoffs;
• Provide unique visibility at all management levels – stores, regional and HQ; and
• Get all employees, including those at the store-level, to be saving agents – with no/little training.

A Q&A session will directly follow the formal panel discussion, and listeners are encouraged to submit questions to panel participants.

About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of customers doing business with over 100,000 suppliers, Coupa enables smarter spending practices that empower companies to save money quickly. For more information please visit, coupa.com or call 650.931.3201. Read more on the Coupa Blog, or follow @Coupa on Twitter.