Coupa Launches Services Maestro to Modernize Procurement of Complex Services
May 18 2017 - 12:00PM
Coupa Software (NASDAQ:COUP), a leader in cloud-based spend
management, today announced an early access program for Services
Maestro, a new application that helps organizations manage the
spend associated with complex services. Customers benefit from this
application through automated contract compliance, improved
supplier experiences, and full visibility into spend - both goods
and complex services - in one unified platform.
Complex services, such as consultants and fixed-price
deliverables, is often a large category of spend in many
organizations. These organizations may negotiate service rate
cards, define deliverables, and come to agreement on terms and
conditions with their suppliers. However, once work starts, there
is often no easy way to track if a supplier is meeting service
level agreements (SLAs) or determine if the timesheets and related
invoices conform to negotiated rates. Services Maestro was created
to help eliminate these challenges.
“We will change how organizations manage complex services by
collaborating with customers to rethink external labor processes
from the ground up,” said Donna Wilczek, vice president of strategy
and product marketing at Coupa. “We’re excited for customers to
start using Services Maestro so we can use their feedback and ideas
to create next generation spend management.”
Coupa Services Maestro is available in an early access program
where a limited set of customers will use it in production and
provide feedback before the general availability release.
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 Software Coupa 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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