FOSTER CITY, CA--(Marketwire - August 28, 2007) - Coupa, the leading provider of commercial
open source
e-procurement software for
small and mid-size companies, today announced the release of
Coupa e-Procurement Express v1.5, the latest version of the
industry's first freely downloadable e-procurement solution. Since its
introduction five months ago, Coupa e-Procurement Express has topped more
than 7,500 downloads. Coupa has built on this momentum by continuing to
offer new best-in-class features that enable small and
mid-size businesses to streamline processes, improve control, and save
money. The new Coupa e-Procurement Express version may be downloaded from
www.coupa.com or
http://sourceforge.net/projects/coupa.
Coupa e-Procurement Express is the premier commercial open source project
for e-procurement. Designed for departments or an entire company,
Coupa e-Procurement Express is a simple, quick, and free solution that
automates the requisition, approval, purchase order, and receipt management
process. The newest release offers additional features to streamline the
e-procurement process, plus it's now even easier to use, faster to deploy,
and more flexible.
"For decades, the benefits of e-procurement solutions have been reserved
for big corporations with deep pockets and virtually unlimited resources.
Now those days are over," said Coupa founder and CEO Dave Stephens. "We're
committed to leveraging open source to level the playing field for
thousands of small and mid-sized companies, and giving these companies the
same competitive advantage as the big guys. Already, over 7,500
organizations have downloaded Coupa e-Procurement Express for free, and
we're just getting started."
About Coupa e-Procurement Express v1.5
Coupa e-Procurement Express v1.5 combines advanced capabilities for control
of departmental and employee purchasing with true simplicity -- simple to
acquire, simple to install and maintain, as well as simple enough to use
that employees actually prefer it for their business purchasing needs.
Coupa continues to improve the product with new functionality that
includes:
-- Streamlined purchasing process: Coupa Express v1.5 accelerates the
purchasing cycle with new features including support for need-by dates,
purchase order changes, formal revisions, and acknowledgement, as well as
improved buyer management of requisitions that require action, and updated
Quick Order Entry for non-catalog or one-time item or services requests.
Additionally, Coupa Express now supports PunchOut, cXML, and P-cards.
-- Improved ease-of-use: The new version includes easier-to-use screens
for managing purchase orders and requisitions for buyers, as well as
additional options to navigation among purchase orders, requisitions, and
receipts.
-- Improved flexibility: Since many small and mid-size companies have
sophisticated requirements, v1.5 includes new features such as multi-
currency support. Buyers can also insert comments on a purchase order, or
add multiple files including URL attachments. Finally, the new Coupa
Express lets users create PDF purchase order layouts with customizable
boilerplate terms.
-- Simplified deployment and maintenance: Companies can now upload CSV
catalogs and create a set of default how-to-buy policies.
About Coupa
Coupa is the leading provider of commercial open source
e-procurement
solutions. Coupa e-Procurement delivers big business procurement
automation and spending controls to small and mid-size organizations,
enabling companies to streamline processes, improve productivity, and save
money. As the e-procurement solution of choice among small and mid-size
companies, Coupa e-Procurement has been downloaded by more than 7,500
organizations, and is also available as an
on-demand service.
For more information please visit
www.coupa.com or call 650.585.6306.
Contact Information: Contact:
Jill Hara
Kickstart Consulting for Coupa
650.346.5204