Avetta One Platform Certified as Coupa Business Spend Management Ready
April 22 2022 - 8:51AM
Business Wire
Avetta One is now available in the Coupa App
Marketplace, extending Coupa’s platform, allowing Coupa customers
to view supplier compliance status in real time, helping companies
manage operational, reputational and regulatory compliance
risks
Avetta®, the leading provider of supply chain risk management
(SCRM) software, today announced it will offer Avetta Supply Chain
Risk Management services in the Coupa App Marketplace, connecting
businesses with certified, pre-built solutions. Coupa Software
(NASDAQ: COUP) certified Avetta One™ for use within the Coupa
Business Spend Management (BSM) Platform, its cloud-based platform
that empowers companies around the world with the visibility and
control they need to make smarter spending decisions.
Using the Avetta app, Coupa customers can check supplier
compliance status in real-time within the Coupa platform. The
integration helps companies manage operational, reputational and
regulatory compliance risks by identifying high-risk vendors within
their supply chain. Avetta provides critical decision-making data
that will help decrease risk events within an organization.
With the application, procurement, safety and sustainability
executives using the Coupa BSM platform can see risks in their
supply chain inside Coupa. The Avetta solution provides the
following benefits:
- For clients, it provides a unified platform that manages risk
across safety, liability, workforce qualifications, sustainability
& ESG, diversity, financial health and cybersecurity
programs.
- For suppliers, it reduces time and cost by demonstrating their
superior business qualifications to many clients from a single
system.
- For workers, it offers a central workforce portal to digitally
store their required job roles, training, competencies and
certifications.
Members on the Avetta network outperform industry standards and
improve on safety measures 7-8% per year after joining, reducing
administrative expenses on average by 75%.
“With operational, reputational and regulatory compliance risks
throughout the supply chain, the need for Avetta’s holistic view of
the entire supply chain is imperative now,” said Roger Goulart,
executive vice president of Business Development and Alliances at
Coupa. “We’re proud to have Avetta on the Coupa App Marketplace to
give our customers even greater visibility into their entire supply
chain to reduce a multitude of critical risks.”
As a certified CoupaLink solution, the Avetta app meets the
requirements established by Coupa through its CoupaLink Partner
Program and is available in the Coupa App Marketplace. The
CoupaLink Partner 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 spending and minimize business risk
while reducing the cost of third-party software integration.
“Connecting Avetta technology into the Coupa Business Spend
Management Platform gives our customers streamlined supply chain
risk management data to make decisions to decrease risk throughout
the supply chain, improving safety, sustainability and business
continuity,” said Jitesh Chanchani, SVP Alliances at Avetta. “We
are proud to be part of the Coupa App Marketplace and a trusted
CoupaLink technology partner. We look forward to our relationship
with Coupa to further help customers transform their supply chain
operations.”
For more information on Avetta and how it can reduce
operational, reputational and regulatory compliance risks while
driving down administrative costs, visit the Coupa App Marketplace
at marketplace.coupa.com. To learn more about Avetta One, visit
https://www.avetta.com/avetta-one.
About Avetta
The Avetta SaaS platform helps clients manage supply chain risk
and their suppliers to become more qualified for jobs. For the
hiring clients in our network, we offer the world’s largest supply
chain risk management network to manage supplier safety,
sustainability, worker competency and performance. We perform
contractor prequalification and worker competency management across
major industries, all over the globe, including construction,
energy, facilities, high tech, manufacturing, mining and
telecom.
For suppliers in our network, our audit and verification
services help lower their safety incidents rate by 29%. As a
result, nearly 50% of members find additional job opportunities
within the first year of joining. In addition, our suppliers
receive privileged access to the Avetta Marketplace, where dozens
of partners offer special discounts for business services like
insurance and work gear. Avetta serves 500+ enterprise companies
and 125,000+ suppliers across 120+ countries.
Visit https://www.avetta.com/ for more information.
Coupa, Coupa Business Spend Management (BSM), CoupaLink, and all
Coupa logos are trademarks or registered trademarks of Coupa
Software, Inc. All rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20220420006009/en/
SnappConner PR Mark Fredrickson, +1 801-806-0161
mark@snappconner.com
Avetta Indy Chakrabarti, +1 281-636-8750
indy.chakrabarti@avetta.com
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