Community, Actionable Intelligence, and ESG Named as Strengths by IDC MarketScape

IDC MarketScape: Third-Party Risk Management

Coupa has been named as a Leader in the first ever IDC MarketScape: Worldwide Third-Party Risk Management Software 2022 Vendor Assessment (doc #US48295522, September 2022). The report looked at different vendors’ product offerings, evaluating capabilities, market success, and strategies for the next five years. The IDC MarketScape noted Coupa’s synergistic model which breaks down silos across organizational domains.

IDC MarketScape recognizes Coupa’s strengths:

  • “Coupa leverages its large community base of users to strengthen its solution offering vendor risk ratings and a searchable verified vendor alternative database generated through a centralized database of vendor questionnaires and performance reviews.” 
  • “Coupa uses AI to ingest data from hundreds of sources across news, financial information, screening lists, customer-provided data feeds, partners, and Coupa's Community.ai.”
  • “Coupa is leveraging its BSM platform to enable businesses to become more sustainable.” 

Download the report excerpt to see how Coupa customers can assess and mitigate risks, from supplier identification to offboarding.