Coupa Unveils Innovations for Business Spend Management Community to Spend Smarter Together
"With more than 300 new capabilities delivered over the past 12 months, co-innovated with the BSM community, we're setting the pace of innovation for the industry," said
Community Intelligence Drives Savings that Fuel Growth and Profitability
A recent survey from
Prescriptive Recommendations Identify Coupa Advantage Savings
Coupa's long-standing Coupa Advantage program harnesses the ever-increasing buying power of the Coupa community to negotiate significant price reductions that are then made available to all Coupa customers. Coupa now assesses customer spend in real-time and prescribes opportunities for community-based, pre-negotiated savings through Coupa Advantage.
Unified Goods and Services Spend Simplifies the User Experience
Within eight months of its acquisition of the technology assets of DCR Workforce, Coupa has unified contingent workforce management within its BSM platform. This further solidifies Coupa's vision of enabling businesses to manage all of their spend, including both goods and services, within a comprehensive BSM platform. Coupa now enables an industry-first guided services management approach that automatically directs employees to the correct services spend process for each project. This helps businesses move faster and appropriately classify their extended workforce for compliance with government regulations.
"As a long-time Coupa customer, we continue to be impressed by their speed of innovation and our ability to both influence product direction and get value by being part of this global BSM community," said
New Embedded Applications Extend Coupa's Open Platform Vision
Building on Coupa's vision for an open user-centric platform, the new Coupa App Directory enables customers to embed third-party applications across the Coupa BSM Platform. These new capabilities create a streamlined yet comprehensive Business Spend Management experience that includes best-in-class third-party data and processes, such as sustainability ratings, tax information, and travel processes. Launch partners include BitSight, EcoVadis, GetThere (a Sabre company),
To learn more about these new innovations, visit the What's New section of the Coupa website. To find out how Coupa can help your company achieve greater visibility and control of your business spend, visit the Coupa website.
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Stefanie Gordish, 415-590-9722