SAN MATEO, Calif., Dec. 3, 2019 /PRNewswire/ -- Coupa Software
(NASDAQ: COUP), a leader in Business Spend Management (BSM), today
announced that it was selected to digitally transform BMW Group's
business spend management. In the coming months, Coupa will deploy
its BSM platform globally across BMW Group to help harmonize and
optimize the automaker's purchasing processes and increase
efficiency and effectiveness across all products.
Coupa will replace a custom-built solution with its BSM platform
to deliver a simpler, consumerlike experience that will enable BMW
Group's finance and procurement team to be more agile and focus
time on more strategic spend initiatives.
"Coupa has a long history of helping companies of all sizes and
industries transform their spend management to maximize their
process efficiencies and savings, and at the same time, leverage
the power of the community to spend smarter, said Rob Bernshteyn, chairman and CEO at Coupa.
"Coupa offered BMW Group a best-in-class, user-centric platform
that would gain maximum adoption across the company. We are
thrilled to welcome such an iconic and admired brand to our growing
community and look forward to helping them deliver measurable
business value."
In early testing with the automaker, the Coupa BSM Platform
demonstrated its focus on user-centricity and its ability to
optimize spend for highly complex sourcing events and categories.
When adopted at-scale, the platform could have the potential to
impact billions of dollars of business spend.
Coupa empowers companies around the world with the visibility
and control they need to manage all their business spend in one
place. To learn more about how Coupa can help you spend smarter,
visit www.coupa.com.
About Coupa Software
Coupa Software is a leading
provider of BSM solutions. We offer a comprehensive, cloud-based
BSM platform that has connected hundreds of organizations with more
than five 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.
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SOURCE Coupa Software