Coupa received the highest score possible in supply network
optimization criterion
SAN
MATEO, Calif., Nov. 2,
2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP)
announced today that Forrester Research named Coupa a Leader in The
Forrester Wave™: Collaborative Supply Networks, Q4 2022.
The new report evaluated solutions from the 15 most significant
providers across 25 criteria. Coupa received the highest scores
possible in 12 criteria.
"With all the disruptions happening in Supply Chain, businesses
are increasingly looking for ways to quickly assess alternatives,
collaborate with their suppliers, and balance trade-offs to achieve
desired business results. We're honored to be recognized by
Forrester as a leader in Collaborative Supply Networks," said
Raja Hammoud, executive vice
president for products at Coupa.
"Working closely with our Business Spend Management community,
we are rapidly co-innovating our platform, helping businesses
around the globe collaborate, mitigate risk, and make supply chain
decisions smarter and faster with the power of our community.ai
insights," Hammoud added.
Through Coupa's comprehensive Business Spend Management
Platform, companies leverage real-time insights and experiences
from our global customer and supplier base to maximize supply chain
collaboration. Community.AI – Coupa's AI-based insights
intelligence engine – provides company-specific prescriptions at
the point of decision making, resulting in agile, resilient, and
sustainable supply chain networks.
"Coupa applies AI to aggregated data collected across its
customers' US$3.6 trillion
procurement spend to manage supplier performance & risk,"
Forrester wrote. "[Coupa] plans further extension of AI based
anomaly detection and corrective action together with extensions to
its AI based, multi-model freight pricing."
The Forrester report states that Coupa's current offering
demonstrated strengths in identification and authentication of
network participants, connectivity options, attributes and ratings,
architecture, supply network optimization, portfolio cohesion, and
internationalization.
To learn more, download a complimentary copy of The Forrester
Wave™: Collaborative Supply Networks, Q4 2022 here.
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. Learn more at coupa.com and follow us on LinkedIn
and Twitter.
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SOURCE Coupa Software