SAN MATEO, Calif., Oct. 25, 2021 /PRNewswire/ -- Coupa Software
(NASDAQ: COUP) today announced that it has been named a Leader
in the 2021 Gartner Magic Quadrant for Procure-to-Pay Suites for
the sixth consecutive time.1 The report evaluated 12
procurement management vendors across two types of evaluation
criteria and positioned Coupa in the Leaders quadrant for
completeness of vision and highest for the ability to execute.
"We're honored to be recognized as a Leader by Gartner for the
sixth time in a row as we continue to push the Business Spend
Management (BSM) industry forward," said Raja Hammoud, executive vice president of
products at Coupa. "As the economy recovers, leaders have an
opportunity to eliminate the silos made painfully obvious over the
past year. Working closely with our BSM community, we are rapidly
co-creating innovations that drive adoption, optimize spend, and
amplify the community network effect, helping businesses around the
globe spend smarter together."
The need for digital transformation continues to accelerate as a
result of the pandemic, as business leaders realized the challenges
that result from a lack of digital readiness and siloed processes
and tools. Procter & Gamble (P&G), a multinational consumer
goods corporation, relies upon rapid product innovation to stay
ahead of evolving consumer trends. Not only have they continued
operating as the manufacturer of essential products, but they have
scaled and innovated.
"The name of the game now is resiliency and agility. Everything
we do is about ensuring that we have an agile and resilient supply
chain. Up until Covid, I don't think people realized just how agile
and resilient we could make things," said April Cielica,
director global procurement & accounts payable at Procter &
Gamble. "Coupa has given us the agility to procure quickly with
the right controls so that we can launch products faster. The
reason why you invest in something like Coupa is not just because
of the end-to-end work process, which it does very well, but the
power of the data it provides."
Get started with Coupa today. Visit https://www.coupa.com/.
1Gartner, Magic Quadrant for Procure-to-Pay Suites,
By Kaitlynn Sommers, William McNeill, Micky
Keck, Patrick Connaughton,
Published 25 October 2021.
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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 www.coupa.com. Read more on the Coupa Blog or
follow @Coupa on Twitter.
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