Coupa Named AlwaysOn Global 250 Winner

Maker of cloud financial applications cited for software innovation, market leadership

SAN MATEO, Calif. – July 9, 2013 – Coupa Software, a leading provider of cloud-based spend optimization solutions for finance, today announced that it has been chosen by AlwaysOn as one of the Global 250 winners.  AlwaysOn Global 250 honors those companies that demonstrate leadership among peers, along with technology that is likely to disrupt existing markets and

entrenched players in the Global Silicon Valley.  Coupa was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

Coupa and the AlwaysOn Global 250 companies will be honored at AlwaysOn's annual Innovation Summit at the Computer History Museum on July 23.

“Capturing the new day of cloud computing, Coupa has singlehandedly changed the procurement process for leading brands by enabling organizations worldwide to reduce spending costs, increase efficiency, and remain competitive,” said Tony Wessels, Vice President of Marketing for Coupa.  “Our suite of finance applications is built on the latest cloud technologies so our customers can quickly deploy the solution in their companies to start realizing immediate business impact."

The Coupa innovative suite of applications is redefining the spend management space and is helping companies become more profitable by amplifying their spend power in one simple cloud-based platform, which hosts powerful applications for procurement, accounts payable, and expenses.  Because it is a true cloud platform built on a single code line, Coupa can be configured to meet each company’s needs with minimal integration.  Additionally, since Coupa is designed for the end user with intuitive features like easy online shopping, and mobile access, companies are able to realize unprecedented levels of savings and efficiency.

"This year's AlwaysOn Global 250 represents the highest-growth opportunities in today's private company marketplace," said Tony Perkins, founder and editor of AlwaysOn. "These innovators are making it possible for an entirely new generation of application and software solutions to enter the technology marketplace."

The AlwaysOn Global 250 winners were selected from among thousands of domestic and international 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 (http://aonetwork.com/Announcing-the-2013-AlwaysOn-Global-250-Top-Private-Companies/).

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.

About Coupa Software
Founded in 2006, Coupa Software is the leading provider of cloud-based spend optimization software. More than 300 customers in 40 countries use 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 invoicing software that enables customers to launch the solution immediately and quickly realize significant savings. Learn more at: https://www.coupa.com or call 650.931.3200. Read more at our company blog, Making Cents, or follow @Coupa on Twitter.