Coupa Launches Risk Aware to End the Divide Between Risk Data and Spend Transactions
May 18 2017 - 11:50AM
Coupa Software (NASDAQ:COUP), a leader in cloud-based spend
management, today announced an early access program for Risk Aware,
a new application that uses Coupa community intelligence combined
with unified spend transactions to help customers reduce their
supply chain risk through actionable, data-informed insights.
Coupa Risk Aware can bridge the siloed risk data and spend
transactions created by disparate systems. The application gives
visibility to supplier risk indicators across the platform so users
are aware of risk levels while they are sourcing, working with
contracts, and creating or reviewing purchase orders. Real-time
spend dashboards and alerts issued when risk conditions change make
programs easier to implement and manage.
“Risk Aware can end the divide between supplier risk and spend
transactions,” said Raja Hammoud, vice president of product
marketing and management at Coupa. “The instant visibility of risk
coupled with the ability to take immediate action will streamline
business processes.”
Coupa Risk Aware is available in an early access program where a
limited set of customers can start using it in production now, and
provide feedback to Coupa before the general availability release.
With the early access program, Coupa takes the next step in
transforming spend management risk programs.
Born in the cloud, Coupa delivers a modern spend-management
platform that accelerates business by unifying processes across all
the ways employees spend money. These processes cover travel and
expense management, procurement, invoicing and related
source-to-settle areas. 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.
About Coupa SoftwareCoupa Software
(NASDAQ:COUP) is the cloud platform for business spend. We deliver
“Value as a Service” by helping our customers maximize their spend
under management, achieve significant cost savings and drive
profitability. Coupa provides a unified, cloud-based spend
management platform that connects hundreds of organizations
representing the Americas, EMEA, and APAC with millions of
suppliers globally. The Coupa platform provides greater
visibility into and control over how companies spend money.
Customers – small, medium and large – have used the Coupa platform
to bring billions of dollars in cumulative spend under management.
Learn more at www.coupa.com. Read more on the Coupa Blog or
follow @Coupa on Twitter.
Media inquiries:
Orlando De Bruce
Coupa Software
Global Public Relations
orlando.debruce@coupa.com
O (650) 485-8629
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