Three new offices across the region reflect a
growing demand for business spend management
SAN
MATEO, Calif., July 12,
2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a
leader in Business Spend Management (BSM), announced the opening of
three new offices this month in Latin
America – Mexico City, São
Paulo, and Bogotá – the first offices for the company in the
region.
The new offices will be located in the main cities of
Brazil, Mexico, and Colombia, the three largest countries in
Latin America (LATAM) by
population and which share some of the highest GDPs in the region.
The new offices build on the investment and momentum of Coupa in
the LATAM market and will allow Coupa to have a greater impact on
employees and customers.
"Our growth across Latin
America is exhilarating. We're excited to provide these new
spaces for our Coupa community to collaborate and grow," said
Mark Riggs, chief customer officer
at Coupa. "We've seen a huge shift occurring in the region –
companies are primed for transformation. They're ready to harness
business spend management to break old bonds and reach new levels
of success, becoming more profitable and purposeful."
Technology advancements have been accelerating, especially in
the wake of COVID-19 as businesses were forced to accelerate
digitization, and there is a strong opportunity for Coupa growth in
the market. Especially as large-scale disruptions and geopolitical
tensions continue, many companies are assessing the benefits of
bringing their supply chains and operations closer to home.
Companies around the globe and in LATAM continue to face
uncertainty with inflation, market challenges, supply chain
disruptions, and the increasing focus on growth, sustainability,
and supply-chain success adds extra pressure. Coupa's unified BSM
platform empowers companies to deliver maximum value to every
stakeholder.
Customers including Agrosavia, Grupo
Bios, Grupo Cementos de Chihuahua SAB de CV, Coppel,
Grupo Herdez, Pernod Ricard, and
Tecnologico de Monterrey are all evidence of the growing
demand for a unified BSM platform in LATAM.
For example, Grupo Herdez, one of
Mexico's foremost food companies
distributing some 500 food and beverage products. The company
turned to Coupa to help them overcome legacy processes and minimize
operational disruptions.
"With Coupa and Community.ai we have been able to stay agile and
change rapidly in the face of unexpected events, enabling us to
keep operations running without disruption," said Javier Vicente Carnevali Penella, chief
procurement officer for Grupo
Herdez. "We are excited to see Coupa expanding its footprint
in Latin America and are eager for
what the growth of the Coupa Community will provide for us
all."
Coupa will also open an office in Johannesburg this month and recently opened
doors in Dubai this past
January.
With an eager and large workforce of young professionals, Coupa
is excited to grow its workforce with bright new minds who are
driven and aligned with our core values. Coupa continues to hire in
the region to meet the growing demand for BSM.
Learn more about Coupa's presence across Latin America here.
About Coupa Software
Coupa empowers companies around the world with the visibility
and control they need to make smarter spending decisions. To learn
more about how Coupa can help you spend smarter, visit
www.coupa.com. Read more on the Coupa Blog or follow @Coupa on
Twitter.
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SOURCE Coupa Software