Financial Releases | Investors | Coupa Software

11/3/2017 Financial Releases | Investors | Coupa Software Print Page Close Window FINANCIAL RELEASES COUPA COMMUNITY INTELLIGENCE POWERS THE FUTURE OF CLOUD SPEND MANAGEMENT Applies Artificial Intelligence across $360B+ in spend under management to create prescriptive insights for customer competitive advantage SAN MATEO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, has evolved the cloud-based platform from which it was born by adding prescriptive community intelligence innovations that empower Coupa customers to make accelerated, data-driven decisions. Previously, Coupa provided its customers with benchmark capabilities to help them improve their spend management program. Today, customers can use Coupa’s advanced community intelligence through new platform applications that help them improve results, reduce supply chain risk, and make faster decisions. These new applications - Risk Aware and Perfect Fit Insights - utilize community intelligence. Coupa’s community intelligence takes advantage of $360 billion in cumulative spend under management to create prescriptive insights for customers. This innovation is powered in part by acquisitions the company has made - Spend360 for artificial intelligence based spend classification and Riskopy for data aggregation. “With Coupa community intelligence, we are leveraging the supremacy of a true cloud platform and the power of our customer community to help individual customers optimize the way they spend,” said Rob Bernshteyn, CEO, Coupa. “Our innovations in this space can significantly improve decisions, accelerate the pace of business, and reduce risk in ways never before possible in our industry.” http://investors.coupa.com/phoenix.zhtml?c=254436&p=irol-newsArticle_print&ID=2273670 1/3