SAN MATEO, CA--(Marketwire - June 16, 2010) - Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced that three leading enterprises, Michaels, Diagnostic Health Corporation and PGi (formerly Premier Global Services), have all deployed Coupa for e-procurement. Each deployment features robust integrations with the leading ERP systems from SAP, Oracle and PeopleSoft, underscoring Coupa's flexibility in delivering solutions that extend existing enterprise investments to make these systems more valuable to their respective organizations.
Coupa's enterprise grade, multi-tenant cloud platform integrates with all major ERP systems, allowing bi-directional data exchange. The combined result allows Michaels, Diagnostic Health and PGi to extend the system of record capabilities of their ERP systems with a powerful new e-procurement management solution that makes it easier for everyone in the organization to spend smarter and participate in the company's cost savings programs. The deployments showcase Coupa's ability to capture rich e-procurement management data and bring it back into core ERP systems to improve overall business operations.
Integrating Coupa to core ERP systems gives companies a complete procure-to-pay solution for controlling company spending. Integrating Coupa's intuitive and easy-to-use cloud application to complex, on-premise legacy ERP systems is another example of how Coupa is innovating to change enterprise software. Coupa's open API architecture can deliver complex business objects like purchase orders, purchase order changes, invoices, and receipts in many different formats, making it easier to securely integrate in real-time with systems as varied as Oracle, SAP, and Quickbooks -- and all for a fraction of the cost of what most large companies have come to expect from projects involving integration to their core ERP systems.
"Coupa gives us the ability to make our PeopleSoft ERP system more powerful by allowing us to integrate rich e-procurement and management data into these processes and improve our ability to better manage our business and financial operations," said Pam Estes, Director of Administration at Diagnostic Health. "With its ability to quickly extend and make more valuable our existing systems and its powerful, easy-to use framework for managing procurement, Coupa is the most flexible e-procurement solution on the market today."
Michaels, Diagnostic Health and PGi evaluated the top enterprise e-procurement offerings and determined that Coupa was the best overall solution for delivering powerful business management functionality that would map to their existing processes and workflow. Their Coupa deployments have all gone live in the past few weeks.
"It's a new era in enterprise software," said Rob Bernshteyn, CEO of Coupa. "Business software today is about being flexible, open and delivering valuable solutions that can not only easily integrate with existing systems but, in fact, make those systems exponentially more valuable. Coupa's multi-tenant cloud platform delivers an immediate, tangible business impact for large enterprises, mapping to their existing ERP systems to improve overall business operations."
About Coupa Software
Coupa is the leading provider of disruptive and innovative cloud spend management (CSM) solutions that help companies control their indirect spending and generate savings that go direct to the bottom line. Coupa combines the best e-procurement and expense management capabilities in a single solution that is easier to use, faster to configure and deploy, and more cost-effective than anything available today. With deep domain knowledge in e-procurement and expense management, a best-in-class cloud computing platform, a fast-growing community of customers, and industry-first innovations like real-time benchmarking, intelligent expense report auditing, and crowd sourcing great deals on the Web, Coupa is leading the way in helping companies spend smarter and save more. For more information please visit, http://www.coupa.com or call 650.931.3200.
Contact Information:
Contact:
Katie Cinnamond
LaunchSquad
914-646-2097
coupa (a) launchsquad.com