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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 it 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%
“With 35,000 Subway restaurants in 98 countries, we knew we needed a purchasing solution that could scale… After an exhaustive search, we concluded that Coupa’s innovative cloud spend management solution and superior usability made it the clear winner.”
“If you want visibility into every niche of your spend, Coupa is the tool to do that.”
“I have line of sight to 85% of our spend at the click of a button.”
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 100,000+ 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 175+
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: 200+
Customers In: United States, Canada, Mexico, Australia, Brazil, France, Hungary, Indonesia, Spain, United Kingdom
Investors
Mohr Davidow Ventures, Blue Run Ventures, Battery Ventures, El Dorado Ventures
Investment: $12 million Series D Round closed in February 2011
Product & Services
Platform Spend: More than $4B through 100,000+ suppliers
System Users: 649% year-over-year
System Availability: 99.999% uptime