SOURCE: Coupa

Coupa

April 16, 2014 08:00 ET

Coupa Announces Partnership With Alibaba.com Providing Access to Millions of Global Suppliers

Coupa's Open Model Provides Even More Supplier Choice to Coupa Customers Across the Globe

SAN FRANCISCO, CA--(Marketwired - Apr 16, 2014) - Coupa INSPIRE Conference -- Coupa Software today announced a strategic partnership with Alibaba.com, the leader in cross-border wholesale trade. In addition to the over 1,000,000 suppliers currently using Coupa, the agreement provides Coupa customers with an easy way to find and source from suppliers on Alibaba.com. Coupa customers will have immediate, easy access to millions of additional global suppliers from Alibaba.com while Alibaba.com suppliers will have additional reach into Coupa customers headquartered in over 40 countries.

This agreement greatly expands supplier choice and flexibility for Coupa customers and supplier ease of interaction through the entire spending cycle. Coupa users will be able to search, connect and do business with Alibaba.com's millions of global suppliers from within Coupa. As Alibaba.com expands daily, Coupa buyers will have immediate access to these new suppliers.

"We are redefining the world of cloud applications for finance and we are delighted to partner with Alibaba.com in providing additional value to Coupa buyers and Alibaba.com suppliers," said Roger Goulart, VP Business Development of Coupa. "This partnership underscores Coupa's commitment to an open and interconnected solution centered around our customers' long term success. Our focus on ease of use and choice are a natural fit for Alibaba.com and their vast supplier base."

"Alibaba.com and Coupa both deliver real value and tremendous resources by making it easy for buyers to connect with suppliers globally," said Michael Lee, Director of Global Marketing and Business Development of Alibaba.com. "Through this partnership, we are excited to empower the business community with an even greater e-commerce experience. The true vision of our partnership is working together to transform business-to-business commerce using the very best attributes of business-to-consumer commerce; namely, ease of use and choice."

About Coupa Software

Founded in 2006, Coupa Software is the leading provider of cloud-based financial applications. More than 400 customers headquartered in over 40 countries use the Coupa suite of financial applications to support business agility and reduce costs. Only Coupa provides a suite of true cloud applications for finance, including sourcing, procurement, expense management and accounts payable that allows customers to realize a return on their investment within a few months and savings that continually impact the bottom line. Learn more at: coupa.com or call +1 (650) 931-3200. Read more at our company blog, Making Cents or follow @Coupa on Twitter.

About Alibaba.com
Alibaba.com, the original business of Alibaba Group founded in 1999, is the leading platform for cross-border wholesale trade serving millions of buyers and suppliers around the globe. Through Alibaba.com, small businesses can sell their products to companies in other countries and source merchandise from abroad.

Contact Information

  • Media inquiries:
    Trafton Kenney
    Grayling for Coupa Software
    Email Contact
    415.490.3583