Coupa Software Receives 2011 TMC Labs Innovation Award

San Mateo, Calif. – September 14, 2011 – Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, has been selected by TMC, a global, integrated media company, as a 2011 TMC Labs Innovation Award winner. Presented by Customer Interaction Solutions magazine, the TMC Labs Innovation Awards honor products that display innovation, unique features and demonstrate ground-breaking contributions to the communications technology industry.

Coupa’s cloud spend management solutions enable companies to effectively manage spend and generate savings that go directly to the bottom line. Regardless if that spend originates with a requisition, an invoice, or a reimbursable expense, Coupa’s easy-to-use interface streamlines how employees spend company money.

“We are thrilled to have been selected as a TMC Labs Innovation Award winner,” said Rob Bernshteyn, CEO, Coupa. “At Coupa we are committed to empowering organizations to spend smarter and save money with our best-in-class cloud computing platform. This award validates our success as we continue to innovate and offer our customers a spend management solution that improves their business and delivers measurable results.”

“Congratulations to Coupa for being selected as a winner of a 2011 TMC Labs Innovation Award. Coupa deserves this great honor for creating Coupa Cloud Spend Management, a ground-breaking solution demonstrating innovation, superior quality and unique features,” said Tom Keating, CTO and TMC Labs Editorial Director. “I look forward to seeing other innovative solutions from Coupa as they continue to contribute to the future of the CRM and call center marketplace.”

“Coupa has established that Coupa Cloud Spend Management is truly innovative and has made significant progress in the advancement of the CRM and contact center industries,” added Rich Tehrani, CEO, TMC. “We’re proud to reward this outstanding accomplishment with a TMC Labs Innovation Award this year.”

The TMC Labs 2011 Innovation Award highlights will be published in the September and October 2011 issues of Customer Interaction Solutions magazine.

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. Learn more at: coupa.com or call 650.931.3200. Read more on the Coupa Blog, or follow @Coupa on Twitter.

About Customer Interaction Solutions
Since 1982, Customer Interaction Solutions (CIS) magazine has been the voice of the call/contact center, CRM and teleservices industries. CIS magazine has helped the industry germinate, grow, mature and prosper, and has served as the leading publication in helping these industries that have had such a positive impact on the world economy to continue to thrive. Through a combination of outstanding and cutting-edge original editorial, industry voices, in-depth lab reviews and the recognition of the innovative leaders in management and technology through our highly valued awards, Customer Interaction Solutions strives to continue to be the publication that holds the quality bar high for the industry.

About TMC
Technology Marketing Corporation (TMC) is a global, integrated media company helping clients build communities in print, in person, and online. TMC publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, InfoTECH Spotlight and Next Gen Mobility, premiering in September 2011, magazines. TMCnet.com, which is read by two million unique visitors each month, is the leading source of news and articles for the communications and technology industries.

TMC is the producer of ITEXPO, the world’s largest and best-attended IP Communications event. ITEXPO West 2010 was ranked #3 on Trade Show Executive’s Fastest 50 Award List. TMC expects to accelerate ITEXPO West’s growth by bringing the show to Austin, one of the fast-growing technology hubs in the country. In addition, TMC runs multiple industry events: 4G Wireless Evolution; Smart Grid Summit; M2M Evolution; Cloud Communications Expo; SIP Tutorial; VIPeering; Business Video Expo; Regulatory 2.0 Workshop, DevCon5: The HTML5 Development Conference; CVx; Digium|Asterisk World; StartupCamp; MSPAlliance, MSPWorld and more! Visit TMC Events for a complete listing and further information.For more information about TMC, visit www.tmcnet.com.