Press Releases

Deloitte Selects Coupa’s Cloud-Based Spend Management Suite to Drive Bottom-Line Savings

Leading Professional Services firm deploys Savings-as-a-Service platform

San Mateo, CA – April 16, 2015 –Coupa Software, the leading provider of cloud-based spend management solutions announced today that Deloitte in Canada has deployed Coupa’s savings-as-a-service platform.

Deloitte selected Coupa’s spend management suite in January 2015 to address its need for a centralized procurement process that could improve governance, reduce risk and help employees easily drive immediate savings.

"Although we managed a good strategic sourcing and contracting process we lacked an integrated end-to-end procurement and payment system,” states Geoff Parsons, Chief Procurement Officer of Deloitte Canada, Coupa has improved the visibility of our purchase commitments with suppliers and the amounts we were paying versus our negotiated and contracted prices".

"Our firm identified a need for an agile procure-to-pay solution that could help us drive savings, while improving governance and reducing risk,” said Stephen Mansfield, Chief Information Officer of Deloitte Canada. "Deloitte Consultants around the world have implemented Coupa for many clients so we were familiar with the user adoption rates and success of this platform”

"Deloitte Canada is a valued partner of ours with an amazing track record of bringing immediate and sustained value to its clients,” said Rob Bernshteyn, CEO of Coupa. "It’s thrilling to us that Deloitte, who works closely with our product suite, saw clearly the benefit that Coupa could offer to their own operations. The fact that they deployed the platform so quickly and successfully is testament to both Coupa’s ease-of-use and Deloitte’s quality of implementation services.”

Coupa’s strategic partnerships are a key factor in the company’s recent success. In February, Coupa announced a number of key performance metrics that marked 2014 as a milestone year, including exceptional revenue growth, customer acquisition and retention rate, global scaling, and an expanding portfolio of solutions and partners reflect rising demand and deepening market penetration.

About Coupa

Coupa Software enables businesses everywhere to recognize bottom-line financial success via Savings-as-a-Service. More than 500 customers doing business in over 100 countries use Coupa to support business agility and reduce costs. Only Coupa provides an organic suite of true cloud applications including accounts payable, procurement, expense management, sourcing and inventory, allowing customers to realize a return on investment that starts within a few months and grows continually. Learn more at www.coupa.com. Read more at our company blog, Making Cents or follow @Coupa on Twitter.