SAN MATEO, Calif., Aug. 16, 2021 /PRNewswire/ -- Coupa
Software (NASDAQ: COUP), a leader in Business Spend Management
(BSM), has launched the Coupa App Marketplace, giving customers an
easier and smarter way to extend the power of the leading BSM
platform. The Coupa App Marketplace connects businesses with
certified, pre-built solutions that create a seamless way to tap
into a trusted global community of BSM partners.
With the complexity of today's business landscape, companies
increasingly need innovative technology partners that help them
deliver greater efficiency, agility, and value. Coupa's focus on
building an open BSM community ensures that businesses develop
genuine partnerships that enable them to thrive in today's
environment.
"Companies have emerged from the pandemic with a newfound
appreciation for managing spend effectively and comprehensively.
Coupa's BSM platform is a core system of record for them, with the
expectation that it can be extended to deliver even more value,"
said Roger Goulart,
executive vice president, Alliances and Business Development.
"We launched the Coupa App Marketplace as a significant evolution
of our open platform, to make it even easier for customers to
discover and connect solutions from our rich partner community to
empower businesses to spend smarter."
The Coupa App Marketplace is the first marketplace in the
comprehensive BSM space that offers solutions to extend a
customer's existing tech stack and deepen their BSM capabilities so
they can easily share information, automate workflows, and conduct
key tasks. Solutions from the Coupa App Marketplace range from
supply chain insights to supplier risk analysis all the way to
travel and expense and IT management, and are designed to be:
- Adaptable - Enable quick access of off-the-shelf
applications and integrations to address evolving business
needs.
- Connected - Provide seamless linking between systems for
a single source of truth and end-to-end workflows.
- Efficient - Deliver expert deployment of limited IT
resources through secure applications specifically built for
Coupa's platform.
"The launch of the Coupa App Marketplace is a natural evolution
for the business spend management company and represents the
formalization of a platform and 'open cloud' strategy that
Salesforce and Google, among others, have made a central component
of their value propositions," said Jason
Busch, founder of Spend Matters. "There are thousands of
solution and content providers who would be thrilled to participate
in an open ecosystem which allows them to work collaboratively and
seamlessly with Coupa's customers in procurement, finance and
supply chain. If widely adopted, it will change the basis of
competition in the market."
In addition, the Coupa App Marketplace offers an expanded
go-to-market opportunity for Coupa's community of partners to grow,
thrive, and innovate in Business Spend Management.
The Coupa App Marketplace features a continuously growing range
of compelling apps, for a vast array of business
functions, from key partners such as Kofax, Vertex,
SourceDay, Per Angusta, The Smart Cube, EcoVadis, and
SecurityScorecard, to name a few.
"We are proud to be a part of the Coupa App Marketplace and a
trusted CoupaLink technology partner," said Tom Kieley, CEO of SourceDay. "Our team
leverages Coupa's open BSM platform to combine our leading direct
spend collaboration capabilities with Coupa's comprehensive
approach to direct and indirect spend. Together, Coupa and
SourceDay enable unbeatable supplier network collaboration,
creating resilient supply chains, and fueling critical savings for
our customers."
For more information on the Coupa App Marketplace and how you
can be a part of it, visit marketplace.coupa.com.
About Coupa Software
Coupa empowers companies around
the world with the visibility and control they need to spend
smarter and safer. To learn more about how Coupa can help you spend
smarter, visit https://www.coupa.com. Read more on the Coupa
Blog or follow @Coupa on Twitter.
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SOURCE Coupa Software