IDC MarketScape for Worldwide SaaS and Cloud-Enabled Treasury and Risk Management Applications 2023 Vendor Assessment

In both the IDC MarketScape for Worldwide SaaS and Cloud-Enabled Enterprise and Mid-Market Treasury and Risk Management Applications 2023 Vendor Assessments, Coupa has been named a Leader for the first time. These IDC MarketScape studies provide an assessment of vendors and explore key vendor features and attributes for companies to consider when selecting a system. In the Mid-Market report, IDC MarketScape highlighted Coupa’s strengths:

• A single Total Spend Management platform that unifies supply chain, procurement and finance.
• Full source-to-settle capabilities that unify the payment processes within spend transactions, reduce risk and prevent fraudulent payments from being made.
• Extensive community-generated AI that spans the entire Coupa community to offer customer specific prescriptions.
• Increased transparency with end-to-end visibility, allowing treasurers and finance leaders to make smarter liquidity decisions with increased transparency, optimizing liquidity and improved forecasting.

Read the excerpt to learn more about Coupa’s approach and why it is positioned as a Leader.

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT 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. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.