SAN JOSE, CA--(Marketwired - May 14, 2014) - NETSUITE SUITEWORLD 2014 -- Coupa, a leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small, announced today that its Coupa Cloud Procurement and Expense Management SuiteApp has achieved 'Built for NetSuite' verification. The new SuiteApp, built using NetSuite's SuiteCloud Computing Platform, provides an easy-to-use, fast-to-deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of 400+ customers doing business with over 1,000,000 suppliers, Coupa enables NetSuite Inc. (NYSE: N) customers to achieve smarter spending practices and save money quickly.
Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides them with information, resources and a method to verify that their applications and integrations, built using the NetSuite SuiteCloud Computing Platform, meet NetSuite's standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps have been built to meet these standards.
The Coupa Cloud Spend and Expense Management SuiteApp allows NetSuite customers to achieve cost savings by having their end users purchase goods and services through the best suppliers in adherence to corporate policies, and by avoiding the inefficiencies of finding other channels or expensing goods after the fact. With the Coupa Cloud Spend and Expense Management SuiteApp, organizations can:
- Stay within budget: Executive dashboards and alerts provide real-time visibility and actionable intelligence to more effectively control spending and prevent over-spending.
- Prioritize Audits: Smarter expense management with intelligent audit scoring focuses accounting review on reports that are out of compliance.
- Prove the Impact: Real-time benchmarking informs companies how to optimize and to improve their spend management practices based on transactional comparisons of their performance against operational key performance indicators.
- Drive User Adoption: Smarter e-procurement and ease of use empowers all employees to actively participate in, and contribute to, company cost savings initiatives.
- Spend Visibility: Capture and bring complete spend visibility across multiple locations.
"Coupa and NetSuite share a common goal of making customers successful by leveraging the data across our cloud platforms," said Rob Bernshteyn, Coupa CEO. "We are excited to continue to enhance their user experience by creating an even tighter integration between our products and our companies."
"The Coupa Cloud Spend and Expense Management SuiteApp can bring immense value to our NetSuite customers," said Zach Nelson, NetSuite CEO. "Customers can now take advantage of the benefits of the Coupa cloud solutions to empower their employees to efficiently purchase all of their goods and services and positively impact the company's bottom line, all while seamlessly sharing information with their NetSuite platform."
Coupa will be exhibiting at SuiteWorld 2014, NetSuite's annual user conference for customers, partners, media and industry analysts, being held May 12-15 in San Jose, Calif. To learn more, visit us at booth #103 in the SuiteWorld Expo at the San Jose Convention Center.
For information about Built for NetSuite SuiteApps, please visit www.netsuite.com/BuiltforNetSuite. For more information about the integrated solution, please visit www.suiteapp.com.
NetSuite's SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading provider of cloud-based financials / ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes. The complete SuiteCloud offering includes NetSuite's multi-tenant, always-on SaaS infrastructure; the NetSuite Business Suite of applications (Accounting/ERP, CRM and Ecommerce); and the NS-BOS Development Platform.
The SuiteCloud Developer Network (SDN) is a comprehensive developer program for Independent Software Vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit: http://www.netsuite.com/developers.
About Coupa Software
Founded in 2006, Coupa Software is the leading provider of cloud-based financial applications. More than 400 customers use the Coupa suite of financial applications to reduce costs up to 11 percent. Only Coupa provides a suite of true cloud applications for finance, including procurement, expense management and accounts payable that allows customers to launch the solution immediately and quickly realize significant savings. Learn more at: coupa.com or call +1 (650) 931-3200. Read more at our company blog, Making Cents or follow @Coupa on Twitter.
NetSuite, the NetSuite logo and Built for NetSuite are registered service-marks or trademarks of NetSuite Inc.