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Coupa Launches Services Maestro to Modernize Procurement of Complex Services
Solution to help companies manage spending and simplify IT infrastructure through system consolidation
SAN MATEO, CA – May 18, 2017 – Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced an early access program for Services Maestro, a new application that helps organizations manage the spend associated with complex services. Customers benefit from this application through automated contract compliance, improved supplier experiences, and full visibility into spend - both goods and complex services - in one unified platform.
Complex services, such as consultants and fixed-price deliverables, is often a large category of spend in many organizations. These organizations may negotiate service rate cards, define deliverables, and come to agreement on terms and conditions with their suppliers. However, once work starts, there is often no easy way to track if a supplier is meeting service level agreements (SLAs) or determine if the timesheets and related invoices conform to negotiated rates. Services Maestro was created to help eliminate these challenges.
“We will change how organizations manage complex services by collaborating with customers to rethink external labor processes from the ground up,” said Donna Wilczek, vice president of strategy and product marketing at Coupa. “We’re excited for customers to start using Services Maestro so we can use their feedback and ideas to create next generation spend management.”
Coupa Services Maestro is available in an early access program where a limited set of customers will use it in production and provide feedback before the general availability release.
Born in the cloud, Coupa delivers a modern spend-management platform that accelerates business by unifying processes across all the ways employees spend money. These processes cover travel and expense management, procurement, invoicing, and related source-to-settle areas. Using the Coupa Open Business Network, the platform has connected more than 3 million suppliers and delivers a powerful solution for businesses committed to controlling their spend.
About Coupa Software
Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally. The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management. Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.