Coupa Signs Partnership Agreement with German-based ACANTIS

Leader in cloud-based Spend Management to expand in DACH region by strengthening its regional distribution to mid-size market

SAN MATEO, CA – June 20, 2016 – Coupa Software, a leader in cloud-based spend management, announced today that it has signed a partnership agreement with ACANTIS to expand Coupa’s Software-as-a-Service (SaaS) brand in the German-speaking DACH markets - which includes Germany, Austria and Switzerland.

Based in Germany’s Karlsruhe Technology Region, ACANTIS is a privately-owned management and IT consulting company that assists medium and large-sized enterprises with IT project management, information technology, procurement and logistics. Coupa will leverage ACANTIS and its extensive track record of success to help sell, implement, and increase the use of Coupa’s solutions in the DACH region, particularly in mid-market sales.

“We believe that cloud-based procurement applications like Coupa will help organizations keep their spend under control while providing a sophisticated user experience,” said Mario Wissel, a partner at ACANTIS. “ACANTIS is working with Coupa because we know that it offers innovative solutions regarding end-to-end process coverage.”

ACANTIS will resell Coupa’s solutions in the DACH region, and will deliver value-added services by offering assistance with implementation, configuration and deployment of Coupa’s applications. “This partnership with ACANTIS is another step in our journey to bring Coupa’s benefits to every corner of the European market,” said Philippe Martinez, vice president of EMEA Alliances at Coupa. “We are confident that ACANTIS’ expertise and understanding of the market will put us in the right position to boost our presence in the DACH region.”

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About Coupa Software
Coupa Software, a leader in cloud-based spend management, enables businesses everywhere to recognize bottom-line financial success via Value-as-a-Service. Customers – small, medium and large - representing the Americas, EMEA, and APAC rely on Coupa to support business agility and reduce costs. Only Coupa provides an organic suite of true cloud spend management applications, including invoicing, procurement, expense management, sourcing and inventory, allowing customers to realize a return on investment that can start within a few months and grow continually. Learn more at www.coupa.com.

About ACANTIS
ACANTIS is a privately owned management and IT consultancy with a particular focus on project management, information technology in the procurement & logistics market. Learn more at www.acantis.de.