Trustpair Certified as Coupa Total Spend Management Platform Ready
June 27 2024 - 9:00AM
Business Wire
Trustpair is now available in the Coupa App
Marketplace, extending Coupa’s platform and advancing vendor
payment fraud prevention for enterprises
Trustpair, a leading enterprise payment fraud prevention
platform, today announced it will offer global vendor bank account
validations in the Coupa App Marketplace, connecting businesses
with certified, pre-built solutions. Coupa certified Trustpair for
use within the Coupa platform. Coupa helps teams collaborate to
build more agile and sustainable operations, delivering intelligent
and responsible spend strategies to meet their companies’
purpose.
Trustpair automates bank account validation globally enabling
procurement and finance teams to prevent vendor fraud through
secure payments and supplier onboarding. The cyber-fraud threat is
surging worldwide, with 96% of US companies hit by payment fraud in
2023, and 83% involving a cyber attack. Most finance and treasury
teams are fighting sophisticated fraudsters with unsophisticated
manual controls*.
“Trustpair’s native and compliant integration with Coupa reduces
manual controls, speeds up vendor onboarding, and positions
companies to embed fraud prevention across the procurement
process,” said Nigel Pegg, SVP of Platform at Coupa. “We’re proud
to have Trustpair on the Coupa App Marketplace to give our
customers even greater security during vendor onboarding to prevent
vendor fraud.”
As a certified Coupa App Marketplace solution, Trustpair meets
the requirements established by Coupa through its App Marketplace
Partner Program. The program enables software partners to build
complementary solutions that easily connect into the Coupa
platform. Customers benefit by discovering and connecting solutions
to optimize their business spend and mitigate business risk while
reducing the cost of third-party software integration.
“Connecting Trustpair into the Coupa platform gives our
customers a streamlined fraud prevention experience and time-saving
and secure vendor onboardings,” said Baptiste Collot, Co-Founder
and CEO, Trustpair. “We are proud to be part of the Coupa App
Marketplace and a trusted app provider. We look forward to our
relationship with Coupa to further help customers transform vendor
fraud risk prevention.”
For more information on Trustpair and how it can prevent vendor
fraud, visit the Coupa App Marketplace at
marketplace.coupa.com.
Coupa, Coupa Business Spend Management (BSM), CoupaLink, and all
Coupa logos are trademarks or registered trademarks of Coupa
Software, Inc. All rights reserved.
*Source: Fraud in the Cyber Era: 2024 Fraud Trends and Insights,
by Trustpair & Cint, January 2024
About Trustpair
Trustpair is the leading payment fraud prevention platform for
large companies worldwide. Since 2017, Trustpair has been helping
finance teams secure their entire P2P process, thanks to account
validation automation. The solution offers intuitive risk
management and integrates directly with existing tools for more
efficiency. The company raised 20 million euros in October 2022 to
focus on their US expansion and R&D, staying at the cutting
edge of fraud prevention technology. With the platform, more than
250 companies worldwide have avoided fraud, thanks to the most
reliable account ownership verification worldwide, leveraging
unrivaled validation. To learn more, visit www.trustpair.com.
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U.S. Trustpair Media Contact Jake Scearbo Corporate Ink
for Trustpair trustpair@corporatink.com