Coupa and OB10 Announce a Strategic Partnership To Offer Customers Integrated Paperless Invoicing
Alliance Provides Additional Value to Coupa’s Leading Cloud-based Spend Optimization Platform
SAN MATEO, Calif. / LONDON – December 4, 2012 – Coupa Software, the leader of cloud-based spend optimization solutions, and OB10, the leading e-Invoicing network, today announced a strategic partnership that will provide Coupa and OB10 customers seamless integration between the two solutions and eliminate the need for paper invoices.
As a result of the partnership, OB10 customers can choose to take advantage of the market-leading procure-to-pay solution, maximizing their investment in electronic invoicing.
Coupa customers can now receive electronic invoices into OB10 for expanded global e-invoicing compliance and dynamic discounting capabilities. Additionally customers can benefit from OB10’s unparalleled supplier onboarding services.
“The No. 1 priority at Coupa is customer success. As part of this mission, our global ecosystem of partners enables us to provide the most powerful, end-to-end solutions on the market,” said Roger Goulart, vice president, Business Development and Alliances of Coupa. “Our relationship with OB10 underscores our commitment to partner with other industry leaders to help customers increase their spend visibility and reduce costs.”
“This agreement has been signed by two companies at the forefront of their markets,” said Paul Frederick, president, OB10, Inc. “We are excited by the response that we’ve already received to the partnership and look forward to working together to deliver our integrated solution to more organizations.”
For a full list of Coupa partners, visit: coupa.com.
About Coupa Software
Founded in 2006, Coupa Software is the leader of cloud-based spend optimization software. More than 250 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: coupa.com or call 650.931.3200. Read more on the Coupa Blog, or follow @Coupa on Twitter.
OB10, the e-Invoicing network, simplifies and streamlines the complex invoice-to-pay process to enable prompt payment. Operational across Europe, North America and Asia, OB10 can reduce the cost of invoice processing by 60 percent and deliver an ROI in less than a year.
The OB10 network connects over 120,000 suppliers to large buyers, such as Aviva, Cargill, Deutsche Lufthansa, Nomura, Eli Lilly & Company, General Motors, GlaxoSmithKline, IBM, Kellogg’s, Motorola, Tesco, US Federal Government and Whirlpool.