smarter spending. immediate savings. in the...
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Coupa’s mission is simple: to empower organizations to spend smarter and save money through broad adoption and use of innovative, easy to use, fast to implement and cost-effective cloud spend management applications.
Coupa is the leading provider of cloud spend management (CSM) solutions that help companies control their indirect spending and generate savings that go direct to the bottom line. With deep
domain knowledge in e-procurement and expense management, a best-in-class cloud computing platform, a fast-growing community of customers, and industry-first innovations like real-time benchmarking, intelligent expense report auditing, and crowd sourcing great deals on the Web,
Coupa is leading the way in helping companies spend smarter and save more.
What is Cloud Spend Management?
Cloud Spend Management (CSM) is a new category of enterprise spend management
software, delivered to organizations via the Internet cloud. It combines the best e-procurement and expense management
technologies into a single solution that is easy to use, fast to configure and deploy, and very
cost-effective.
Coupa’s multi-tenant cloud architecture and integrated four pillars of spend management provide a platform for smarter spending that is highly differentiated from Ariba, Concur and others. With Coupa
Cloud Spend Management, organizations can:
• Stay Within Budget. Executive Dashboards and Alerts provide real-time visibility and
actionable intelligence to more effectively control company spending (and prevent over-spending).
• Prior i t ize Audits. Smarter Expense Management with intelligent audit scoring focuses accounting review on reports that are most likely to out of compliance or in risk of fraudulent activity.
• Prove the Impact. Real-Time Benchmarking informs companies how to optimize and improve their spend management practices based on true transactional comparisons of their
performance against dozens of operational key performance indicators.
• Drive User Adoption. Smarter E-Procurement simplifies the procure-to-pay process, and empowers all employees to participate in, and contribute to, company cost-savings initiatives.
Smarter Spending. Immediate Savings. In the Cloud.
Spend Less Reduce maverick spending
by ~33%
Pay Less Lower average order costs
by ~25%
Reduce Cycle Time Reduce time to get goods
by ~30%
Reduce Operating Costs Reduce time spent on
purchasing / auditing by ~20%
Improve Spend Predictability Increase spend under
management by ~20%
“I expect this Internet savvy e-procurement company to change the way spend management is done online. Coupa is definitely one to watch in 2010.”
“There is nothing in the market that fits big company purchasing power capabilities in something that is completely affordable down to the smallest company.”
Smarter e-Procurement for Greater Savings Easily generate savings of 10% or more
Combat overspending with real-time alerts. Outperform the market with spend performance benchmarks. Take advantage of the best deals and lowest prices available
online, regardless of the supplier, and manage all spend through a central procurement platform. Coupa e-Procurement delivers a simple, quick and affordable solution managing requisitions, purchase orders, RFQs, inventory and invoicing, with no hardware
to buy or software to license. With a best-in-class cloud platform, a network of more than 3,000 suppliers, and a fast-growing community of customers, Coupa enables smarter
spending practices that allow companies to save money quickly.
Smarter Expense Management for Visibility & Control Fraud proof expense reporting
Get out from under piles of paper forms or receipts. Stop payment delays caused by chasing down signatures. Ensure proper approvals and policy compliance. With Coupa
Expense Management filing an expense report has never been easier. Coupa Expense Management’s dynamic, intuitive user interface guides employees through the expense process in minutes. Business rules alert employees when receipts or additional
information are required. Electronically stored receipts mean no expense is forgotten or receipt lost. Automated approval processes ensure that all expenses receive the proper
managerial review before they are reimbursed.
Real Companies, Real Heroes, Real Results Coupa is the most referenceable e-procurement platform on the market, with 120+ current customers and dozens more being added every quarter, Coupa customers include:
Key Facts & Figures Coupa Software Incorporated
Year Founded: February 2006
Headquarters: San Mateo, CA
Executive Management
More than 50 years of enterprise software and start-up experience
Leadership success at Oracle, Salesforce.com, Siebel and Success Factors
Customers
Total Customers: 150+
Customers In: United States, Canada, Mexico, Hungary, Australia, Spain, United Kingdom, Indonesia
Investors
Blue Run Ventures, Battery Ventures, El Dorado Ventures
Investment: $7.5 million Series C Round closed in September 2009
Product & Services
Platform Spend: More than $2.5B through 35,000 suppliers
Spend Growth: 704% year-over-year
System Availability: 99.999% uptime