Coupa’s Procure-to-Pay Solution Selected by Jabil
June 19 2017 - 8:30AM
Coupa Software (NASDAQ:COUP), a leader in cloud-based spend
management, announced today that Jabil Inc. (NYSE:JBL) has chosen
Coupa’s Procure-to-Pay (P2P) solution for Global Procurement
Technology Optimization across Asia, Europe and the Americas in
what is an East-to-West deployment strategy.
Coupa’s industry leading cloud-based P2P solution will help
Jabil improve visibility into its global indirect spend, make more
informed procurement decisions, increase efficiency of its accounts
payable processes, and create value that directly impacts its
bottom line. Coupa’s P2P solution will enable Jabil to drive
adoption and help secure these objectives by leveraging a
consumer-like user experience combined with catalogs and contracts
within a single unified B2B platform.
“After a very thorough evaluation of the marketplace, we have
taken the strategic decision to team up with Coupa,” said Frank
McKay, vice president, global procurement at Jabil. “We truly felt
they were best positioned to help us achieve our vision for unified
global spend management across our annual purchases of indirect
goods and services, while leveraging a partner that is a recognized
leader in this space.”
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.
“With our Unified Cloud Platform for Business Spend, Jabil will
be able to drive increased adoption across their employees and
suppliers as well as capture spend-related transactions in one
place that’s available anytime, anywhere from any device,” said Rob
Bernshteyn, CEO, Coupa. “Jabil requires a comprehensive, open,
user-centric, prescriptive, and accelerated approach to meeting the
needs of their business, their employees, and their more than
25,000 global suppliers. We look forward to a long and successful
relationship."
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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