New capabilities feature advancements in supplier risk management and compliance, efficiency, and ease of use
SAN MATEO, Calif., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), today announced its latest release of product innovations for the Coupa BSM Platform. Focused on supplier risk management and compliance, efficiency, and ease of use, the latest suite of updates empowers companies with even greater visibility and control to make smarter business decisions.
“Coupa continues to set the industry innovation bar by building BSM solutions that help our customers drive repeatable and measurable value, and this release is no exception,” said Raja Hammoud, senior vice president of products at Coupa. “Our latest updates leverage the power of Coupa Community Intelligence to enable our customers to manage business risk, while creating business spend management strategies that power growth.”
Reduce Supplier Risk and Make Compliance Easy
New capabilities place community-driven insights directly where the transactions occur, giving decision makers more information about supplier risk to help reduce supply chain disruptions that could harm revenue.
Free-Up Teams to Do Higher Impact Work
Companies can reduce the burden on teams and managers with innovative capabilities that create greater efficiencies and touchless processes, freeing up their time for more strategic problem solving.
Break Down Silos with Project Management Across BSM
Coupa has built in new project management capabilities that empower employees with the visibility and control to manage BSM events such as a new contract or a sourcing event in one place. New capabilities enable users to create projects, assign tasks, tag related documents, and more, thus streamlining processes, eliminating redundancies, and enhancing planning so that businesses can spend smarter.
“Customers seek solution providers that are able to quickly deliver on ever-changing market requirements. Coupa is a leading provider in business spend management in part because of how they combine a rapid rate of innovation with a clear understanding of market needs,” said Jimmy LeFever, senior research director, Procurement Advisory at The Hackett Group. “Their recent development extends their platform suitability to an even broader set of companies, and they have done so in typical Coupa lightning speed fashion.”
Learn more about how Coupa can help your company achieve greater visibility into business spend at Inspire’18, coming this November to London. For more information or to register, click here.
About Coupa Software
Coupa Software (NASDAQ:COUP) is the leading provider of BSM solutions. We offer a comprehensive, cloud-based BSM platform that has connected hundreds of organizations with more than four million suppliers globally. Our platform provides greater visibility into and control over how companies spend money. Using our platform, businesses are able to achieve real, measurable value and savings that drive their profitability. Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.