IDC MarketScape: Worldwide SaaS and Cloud-Enabled Buy-Side Contract Management Applications 2021 Vendor Assessment

2020 IDC TE

About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

Coupa named a Leader in the inaugural assessment

After a thorough evaluation of Coupa offerings and strategy, IDC has positioned the company in the Leaders category in the inaugural IDC MarketScape: Worldwide SaaS and Cloud-Enabled Buy-Side Contract Management Applications 2021 Vendor Assessment.

Strengths noted by the IDC MarketScape for naming Coupa a leader include:

  • Focus on customer success and rapid return on investment
  • Offering a single unified platform focused on all business spend management (BSM) from operational to services to direct materials and supply chain to indirect materials
  • Real-time benchmarking using community intelligence to highlight areas for improvement and ways to continue finding value

Download this complimentary report excerpt to dive into how Coupa delivers enterprise-grade business spend management (BSM) capabilities in one single unified suite.

Read the Excerpt

"Customers don't have to ask ‘Best-of-breed OR Platform’ as they can have both with the Coupa BSM platform.”