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Coupa Named as Vendor to Watch in Gartner Report
SAN MATEO, CA – February 28, 2017 – Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced it has been recognized by Gartner, Inc. as a Vendor to Watch in a report titled “Market Opportunity Map: Enterprise Resource Planning, Worldwide.” Coupa was one of only five vendors named as a mega-vendor and emerging Enterprise Resource Planning (ERP) provider.
Coupa complements ERP systems such as SAP, Oracle, NetSuite, Great Plains, and others to provide organizations with the measurable value. A natively integrated spend management suite that can integrate easily to ERP systems, Coupa delivers a unified user and supplier experience. The platform connects business processes across areas such as sourcing, contract management, invoicing, and spend analytics to deliver quantifiable results.
“We transform the value that organizations get, in part, by enhancing their return on their ERP investment,” said Raja Hammoud, vice president of product management and product marketing at Coupa. “We see our inclusion in this report as recognition of our cloud platform’s ability to extend core ERP financials.”
The Gartner Market Opportunity Map report concludes that ERP is a market in transition as traditional and cloud-based specialist providers chase the same set of profitable growth opportunities. This report helps ERP technology business unit leaders identify their best opportunities and bets for growth.
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.