Telenor Selects Business Spend Management Leader Coupa to Power Global Procure-to-Pay Initiative
June 21 2018 - 7:30AM
Coupa Software (NASDAQ:COUP), a leader in business spend management
(BSM), today announced that Telenor,
one of the
world’s largest telecommunications
companies, has selected Coupa to transform its global
procurement capability and drive efficiencies across its 25,000
employees. Global service provider KPMG will support the
deployment.
“Telenor is embarking on the beginning of its digital
transformation journey to among other things, digitize and simplify
its internal processes,” said Jon Omund
Revhaug, CEO, Telenor Procurement Company. “We are excited
to have Coupa and KPMG as our partners in this journey because of
their innovation and strong subject matter expertise, which promise
an effective outcome.”
The telecommunications leader will first deploy a pilot
to employees in Denmark and Singapore before embarking on
a rollout for Telenor’s Business Units in Norway, Sweden, and
across Asia. The project will simplify policy-compliant purchasing
for Telenor’s 25,000 employees who in turn service Telenor’s 178
million customers around the world.
“Standardizing and streamlining procure-to-pay processes across
Telenor’s diverse businesses across Europe and Asia required a
solution that could be rapidly deployed and easily configured in
the cloud,” said Revhaug.
“We are delighted to work with Telenor on this project to help
drive increased visibility into the company’s BSM processes,”
said Mark Riggs, chief customer
officer, Coupa. “Telenor needed a modern,
agile cloud platform and a deployment approach squarely focused on
its desired business outcomes. We are thrilled that Telenor
selected Coupa and KPMG to be a key part of its
transformation.”
Coupa and KPMG were selected by Telenor after an extensive
evaluation of potential solutions.
About Coupa Software Coupa Software
(NASDAQ:COUP) is the leading provider of business spend management,
or BSM, solutions. We offer a comprehensive, cloud-based BSM
platform that has connected hundreds of organizations with more
than four million suppliers globally. Our platform provides greater
visibility into and control over how companies spend money. Using
our platform, businesses are able to achieve real, measurable value
and savings that drive their profitability. Learn more at
www.coupa.com. Read more on the Coupa Blog or follow @Coupa on
Twitter.
About TelenorTelenor Group connects its 178
million customers to what matters most. Connecting the world has
been Telenor’s domain for more than 160 years and we currently
operate in 12 markets across Scandinavia, Central Eastern Europe
and Asia. Our 30,000 employees are committed to responsible
business conduct and driven by the ambition of empowering
societies. For more information, please visit
https://www.telenor.com/
Media inquiries:
Orlando De BruceCoupa SoftwareGlobal Public
Relationsorlando.debruce@coupa.com O (650) 485-8629
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