Phoenix Coyotes Go Live on Coupa e-Procurement On Demand

Professional Sports Franchise Scores with Easy-to-Use, On Demand e-Procurement Software that Generates Big Savings

Foster City, Calif. – November 13, 2007 – Coupa Software, a pioneer in e-procurement software for small and mid-sized organizations (SMBs) and sponsor of the world’s leading open source e-procurement project, today announced that the Phoenix Coyotes franchise has implemented Coupa On Demand across its three business units—the National Hockey League Phoenix Coyotes led by managing partner-head coach Wayne Gretzky, the National Lacrosse League Arizona Sting, and the Jobing.com Arena. Coupa On Demand enables the organization to streamline its procurement processes, boost productivity, and save money buying services, equipment, supplies, and promotional items.

Coupa On Demand is the first full-featured, on demand e-procurement solution for SMBs that automates the entire procure-to-pay process from requisitioning and purchase order creation to RFQ generation, receiving, inventory, and invoicing.

“Before adopting Coupa On Demand, we had a decentralized procure-to-pay process that involved a lot of time consuming and manual effort,” said John Dickey, purchasing manager for the Phoenix Coyotes. “Coupa has allowed us to formalize and streamline our purchasing process while gaining greater control. The Software-as-a-Service aspect of the Coupa solution was also a big plus—since we didn’t have to install anything or buy hardware, we were up and running fast.”

About Coupa On Demand at the Phoenix Coyotes
The Jobing.com Arena, Arizona’s premiere sports and entertainment facility, is home to the National Hockey League Phoenix Coyotes and the National Lacrosse League Arizona Sting. This state-of-the-art, multi-purpose facility anchors a 223-acre mixed-use development, the Westgate City Center.

Over the years, the various departments began handling purchasing in different ways. Recently, the Coyotes’ finance group recognized a need to centralize and standardize the purchasing function by controlling expenditures through uniform invoicing and accounts payable procedures, as well as instituting a formal approvals process.

“We selected Coupa On Demand because it’s flexible and customizable,” said Dickey. “We also wanted a straightforward, simple system that would work well regardless of a user’s purchasing experience. With Coupa On Demand, I can train a user in 10 minutes, and they’re ready to go.”

Coupa On Demand has already been rolled out to the Coyote’s purchasing department. Once fully deployed, approximately 40 of the Coyotes’ 150 full-time employees will use the system in its purchasing, marketing, ticketing, finance, IT, and community relations departments. They will use the Coupa system to buy everything from IT consulting and sports equipment to marketing giveaways and office supplies.

“We're thrilled to have the Phoenix Coyotes join the ranks of forward-thinking organizations that have implemented Coupa On Demand,” said Dave Stephens, CEO and founder of Coupa. “We're committed to bringing the benefits of e-procurement to small and mid-sized organizations through affordable, easy-to-use, quick-to-implement solutions.”

About Coupa Software
Coupa provides solutions that simplify purchasing and fulfill the promise of efficient, cost-effective e-procurement for small and mid-size organizations. Built entirely with open source tools and platforms, Coupa solutions combine best-in-class purchasing control and management into products so simple that employees actually prefer using them for their business purchasing needs. Coupa e-Procurement Express is the industry’s first freely downloadable solution. Purchasing departments requiring more complex functionality from their purchasing software may choose Coupa e-Procurement Enterprise.

For more information please visit www.coupa.com or call 650.585.6306.