SAN
MATEO, Calif., May 18, 2022
/PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in Business
Spend Management (BSM), today announced that – for the first time –
it has been named a Challenger in the 2022 Gartner® Magic Quadrant™
for Supply Chain Planning
Solutions.1 The report evaluated 22
vendors across two dimensions of evaluation criteria and positioned
Coupa in the Challengers quadrant for completeness of vision and
ability to execute.
In addition to being named a Challenger in the Gartner Magic
Quadrant for Supply Chain Planning Solutions, Coupa has been named
a Leader in the Gartner Magic Quadrant for Procure-to-Pay Suites
six consecutive times.2
With disruptions happening across the global supply chain,
businesses are constantly looking for ways to assess alternatives
quickly and balance trade-offs to achieve desired business
results.
"Supply chain resilience is mission critical for every business.
We think this recognition from Gartner underscores our effort in
helping customers through this complex and dynamic environment,"
said Raja Hammoud, executive vice
president of products at Coupa. "Working closely with our
customers, we're rapidly co-creating solutions to mitigate supply
chain risk by combining AI with community data from more than
$3 trillion in global business
spend."
COVID-19 has made evident the crippling weaknesses inherent in
legacy approaches to supply chain planning and processes. Today,
companies need to transform their entire business spend management
operation, from planning and sourcing to purchasing and
distribution, all with an eye toward increasing both value and
purpose.
"Coupa has been a tremendous partner in enabling us to build a
more resilient and agile supply chain. Through the successful use
of Coupa Supply Chain Design & Planning and other Coupa
solutions, we are accelerating our journey toward a more
sustainable supply model – in addition to making our supply chain
more cost-effective!" said Nicolas
Frasquet, executive director - Corporate Procurement at
Belcorp.
From the out of stock commodity items like paper products and
canned goods to supply shortages and factory shutdowns, many
businesses are enduring what is perhaps the most challenging single
event in the collective memory. As businesses continue working
toward a normal state of operations, many business leaders are
reassessing and rethinking their approach to risk – especially
across the supply chain, where proper preparation can go a long way
to mitigating and overcoming a disruptive event. Coupa Supply Chain
solutions equip businesses to understand and prepare for any risk
scenario, giving them flexibility and readiness to weather
disruptions.
Stay tuned for a complimentary copy of the 2022 Gartner Magic
Quadrant for Supply Chain Planning here. Get started with Coupa
today; visit coupa.com.
Gartner Disclaimers
Gartner and Magic
Quadrant are registered trademarks of Gartner, Inc. and/or its
affiliates in the U.S. and internationally and are used herein with
permission. All rights reserved.
Gartner does not endorse any vendor, product or service
depicted in our research publications, and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and should not
be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a
particular purpose.
About Coupa Software
Coupa is the
cloud-based Business Spend Management (BSM) platform that unifies
processes across supply chain, procurement, and finance functions.
Coupa empowers organizations around the world to maximize value and
operationalize purpose through their business spend. To learn more,
visit coupa.com or follow us on LinkedIn and Twitter.
1Gartner, Magic Quadrant for Supply Chain
Planning, By Amber Salley,
Tim Payne, Pia Orup Lund, Janet
Suleski, Published 16 May 2022.
2 Gartner, Magic Quadrant for
Procure-to-Pay Suites, By Kaitlynn
Sommers, William McNeill,
Micky Keck, Patrick Connaughton, Published 25 October
2021.
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SOURCE Coupa Software