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High return on investment, configurability without IT
and rapid adoption rates listed as strengths
References for Coupa’s Sourcing Optimization, according to the report, noted the following areas of measurable business value:
- High return on investment;
- A unified cloud platform that extends to ERP and is configurable without IT or consulting expertise; and
- Rapid adoption rates as learning is easy and intuitive within the system and includes 100 percent mobility.
“We are proud to be named a Leader for the fourth time this year in an IDC MarketScape report,” said
According to the IDC MarketScape sourcing report, Coupa provides easy-to-use capabilities that let anyone in the approval chain set up new events from scratch or copy all or parts of previous events. It allows organizations to effectively manage their RFPs and RFQs and provides complete flexibility in setting up the rules of engagement and communicating with bidders. The sourcing cockpit-like environment allows both buyers and watchers to monitor the progress or sourcing events and drive negotiations. Full sourcing bid optimization capabilities allow for complex events such as global logistics and raw materials to be handled easily.
Coupa, according to the IDC MarketScape sourcing report, should be considered by businesses of any size if they need “a holistic and extremely encompassing, unified sourcing and procurement platform that is available anywhere and anytime.”
Just weeks ago, Coupa was named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay (P2P) Applications 2018 Vendor Assessment (Doc #US43263818e,
Born in the cloud, Coupa accelerates business by unifying processes across the various ways employees spend money. These processes cover procurement, invoicing, expense management, supplier management, strategic sourcing, contracts, risk management, analytics, and more. Using the Coupa Open Business Network, the platform has connected more than 3 million suppliers and delivers a powerful solution for businesses committed to controlling their spend.
Download an excerpt of the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sourcing Applications 2018 Vendor Assessment (Doc #US42223817,
About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) 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. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
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