Coupa and NetSuite Partner to Transform Procurement and Expense Management, Driving Customer Savings
16 Outubro 2014 - 10:00AM
Business Wire
Integrated Solution Provides Businesses
Real-Time Visibility into Spending and Savings
Coupa INSPIRE EMEA Conference--Coupa, Inc. (Coupa) today
announced a strategic partnership with NetSuite
Inc. (NYSE:N), the industry’s leading provider of cloud-based
financials / ERP and omnichannel commerce software suites to
jointly promote and market the Coupa Cloud Procurement and
Expense Management SuiteApp built for NetSuite to businesses
seeking to transform their procurement and expense management
processes. The integrated solution helps business improve spend
visibility, gain more control over their financial processes,
improve purchasing decisions and realize savings that directly
impact the bottom line.
Companies can realize huge savings by having their end users
purchase goods and services through the best suppliers and in
adherence to corporate policies; and by avoiding the inefficiencies
of needing to find other channels or expensing purchases after the
fact. This strategic partnership brings together the strengths of
both cloud leaders and offers the following key benefits to
businesses:
- Consumerizing financial applications,
making it easy for employees and suppliers to transact and get what
they need using any device. With the integrated NetSuite and Coupa
solutions, companies can stay within budget with executive
dashboards and real-time alerts that provide visibility into
spending; prioritize audits with intelligent audit scoring;
benchmark their spend management against key performance indicators
in real time; and drive user adoption of company cost saving
initiatives.
- Bringing cloud-based solutions to
companies of all shapes and sizes transforming the way they do
business and making them more competitive.
- Enabling both front office and back
office users to take full advantage of an integrated solution
combining the world’s #1 cloud based business management suite with
the industry’s leading cloud procurement and expense solution. As
part of this relationship, Coupa and NetSuite have invested in the
technical integration of their respective cloud platforms using
Coupa’s Cloud APIs and NetSuite’s SuiteCloud development
platform.
“We believe this relationship can bring immense value to our
joint customers. They can now take advantage of the benefits of
both Coupa and NetSuite to help their employees easily purchase all
of their goods and services including indirect goods anywhere,
regardless of the device those customers are using—be it a smart
phone, a tablet, or a personal computer,” said Zach Nelson,
NetSuite CEO.
“The combination of cloud-delivered capabilities from Coupa and
NetSuite offers Box real value in our procurement and expense
management processes,” said Jeff Mannie, vice president and
controller at Box. “The integration of these platforms and their
underlying data gives Box a powerful new way to get even more
insights into our business and identify opportunities to drive
efficiencies and capture savings as a result.”
Rob Bernshteyn, Coupa CEO added, “Coupa and NetSuite share a
common goal of making customers successful by leveraging the data
across both of our cloud platforms. We are excited to continue to
enhance their experience by creating an even tighter integration
between our products and our companies.”
About Coupa Software
Founded in 2006, Coupa Software is a leading provider of
cloud-based financial applications. More than 450 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.
About NetSuite
NetSuite Inc. is the industry's leading provider of cloud-based
financials / Enterprise Resource Planning (ERP) and omnichannel
commerce software suites. In addition to financials / ERP software
suites, NetSuite offers a broad suite of applications, including
accounting, Customer Relationship Management (CRM), Professional
Services Automation (PSA) and ecommerce that enable companies to
manage most of their core business operations in its single
integrated suite. NetSuite software allows businesses to automate
operations, streamline processes and access real-time business
information anytime, anywhere.
Grayling for Coupa SoftwareTrafton Kenney,
415-490-3583Trafton.kenney@grayling.comorNetSuite Inc.Mei Li,
650-627-1063meili@netsuite.com
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