Coupa Software Strengths, Domain Expertise, and Key Differentiators
Coupa Software specializes in cloud-based applications for business spend management functions including procurement, expense management, accounts payable & invoicing, payments, contract management, supplier relationship and risk management, contingent workforce management, treasury management, and supply chain design and planning. The company helps small, medium, and large companies gain visibility into, and control over, the money and resources spent within their organizations. Primary competitors in this arena include SAP Ariba and Oracle.
Coupa contracts with Amazon.com to provide its physical hosting infrastructure using Amazon’s EC2 service. Coupa is able to leverage the Amazon AWS cloud to provide a best in class disaster recovery program."
Coupa Software Recent Developments
In March 2022, Coupa Software achieved Moderate Authorization from the Federal Risk Authorization Management Programp (FedRAMP). With this designation, Coupa is now available on the FedRAMP marketplace, enabling every federal agency to begin using Coupa's all in one cloud-based platform.
In June 2021, Coupa Software launched Coupa Ventures, a $50 million fund to foster innovation in Business Spend Management. Coupa Ventures will invest in early- and growth-stage companies breaking down inefficiencies in how businesses manage their spend, aligning processes and decisions across supply chain, procurement, and finance. As part of its debut, Coupa unveiled the fund's first two portfolio companies: Zylo and SourceDay.
In June 2019, Coupa unveiled new innovations under its Coupa Pay offering as well as a strategic partnership with global payments technology provider TransferMate. These announcements deliver on Coupa’s vision of creating a comprehensive cloud platform for businesses to spend smarter, simpler, and safer at every transactional step of their Business Spend Management strategy.
In June 2019, Coupa and Citi Commercial Cards, a part of Citi’s Treasury and Trade Solutions (TTS) business, made a strategic Coupa Pay partner. By leveraging Citi’s global network and leadership in Commercial Cards, this alliance with Coupa offers Citi’s clients with access to a more efficient way to manage business payments as part of a comprehensive Business Spend Management strategy.
In November 2018, Coupa launched Coupa Pay - an industry-first offering that digitizes the B2B payment cycle by incorporating payment options (such as virtual cards and dynamic discounts) embedded directly within the procurement spend transaction lifecycle. As part of the Coupa Pay offering, Coupa unveiled a strategic partnership with Barclaycard, a leading global payment business, which is part of Barclays Bank PLC. Barclaycard is the first card issuer for the virtual card component of Coupa Pay.
Coupa Software Mergers and Acquisitions (M&A) Activities
In February 2023, Coupa Software completed its acquisition by Thoma Bravo, a software investment firm, in an all-cash transaction valued at approximately $8.0 billion.
In November 2020, Coupa acquired LLamasoft for $1.5 billion, LLamasoft develops AI-powered supply chain design and planning software, which Coupa intends to use to bolster the intelligence of its existing supply chain software.
In June 2020, Coupa acquired BELLIN Group, a leading provider of treasury management software (TMS). With a long history in the treasury, BELLIN’s cloud-based TMS platform improves visibility and control over cash and optimizes treasury processes. The acquisition will extend Coupa’s value within the treasury, payments, and working capital processes, strengthening Coupa’s position as a comprehensive and indispensable platform for managing business spend.
Furthermore, in the same year, Coupa acquired travel price optimization leader Yapta. The acquisition enables Coupa to deliver more value across BSM by empowering companies to achieve greater savings in a significant spend category, Travel & Expense (T&E).
In May 2019, Coupa acquired Exari. Coupa’s acquisition strategy is focused on adding key, advanced power applications around the unified, organic transactional engine. And so, this acquisition further delivers on the vision of Business Spend Management by extending and enhancing our Contract Management “Power User” application solution, further proof of the “C” in Coupa, which is, of course, its Comprehensive vision.
In September 2018, Coupa acquired the technology assets of DCR Workforce, a leading provider of contingent workforce management and services procurement software. The acquisition further solidifies Coupa’s vision of enabling businesses to manage all their organization’s business spend, including contingent workforce spend, within a comprehensive BSM platform.
In October 2018, Coupa acquired Aquiire, the leader in real-time supplier catalog search. With 13 patents pending or issued, Aquiire extends Coupa’s capability to deliver a comprehensive business-to-business (B2B) shopping experience spanning real-time, cached, and localized catalog search.
Coupa Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Coupa Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Coupa Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Coupa customers.
Coupa Software Overview
1855 South Grant Street
San Mateo, CA, 94402, United States
1 650-931-3200
https://www.coupa.com/
Ownership: - Thoma Bravo
Number of Employees: 3076
Functional Markets: ERP Financial, HCM, Procurement, SCM, TRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Coupa Software Key Enterprise and Cloud Applications
Coupa
Coupa Software Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Coupa Software Revenue Breakdown By Type, $M:
Coupa Software Enterprise Applications Revenues By Functional Markets, $M:
Coupa Software Enterprise Applications Revenues By Verticals, $M:
Coupa Software Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Coupa Software Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Coupa Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Coupa Software Customers
No. of Coupa Software Customers: 2500
No. of Coupa Software Enterprise Applications Customers: 2500
No. of Coupa Software Cloud Customers: 2500
No. of Coupa Software Cloud Subscribers: x
With over 2500 customers across 70 countries, Coupa's influence spans a vast network. The platform operates in over 20 languages, facilitating business transactions in more than 150 countries and currencies. Notable customers include American Express Global Business Travel, Salesforce, and World Vision, illustrating Coupa's appeal across diverse industries and geographical regions.
Coupa Software Market Opportunities, M&A and Geo Expansions
Coupa's opportunities lie in market expansion and embracing emerging technologies. The launch of Coupa Ventures, a $50 million fund, in June 2021 underscores its commitment to fostering innovation in Business Spend Management. The continuous evolution of its Coupa Pay offering and strategic partnerships with global payment providers like TransferMate and Citi Commercial Cards position Coupa to tap into evolving payment landscapes.
Coupa Software Risks and Challenges
Navigating long and unpredictable sales cycles poses an internal risk for Coupa, especially considering its focus on large enterprises with complex operating environments. The challenge of expanding wallet share while innovating in areas like Third-Party Risk and Performance Management requires strategic balancing to maintain its position in the competitive cloud business spend management landscape.
Coupa Software Ecosystem, Partners, Resellers and SI
Coupa's ecosystem is enriched by strategic partnerships, acquisitions, and a vast network of sales and services partners. The creation of the Coupa App Marketplace in August 2021 enhances its ecosystem by connecting customers with third-party solutions. Partnerships with PayPal, Japan Cloud, and its extensive Partner Connect program showcase Coupa's commitment to collaborative growth and enhancing its platform's capabilities.
Coupa Software Cloud Infrastructure Insights
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- Coupa Software Public Cloud and Infrastructure (IaaS)
- Coupa Software Platform (PaaS)
- Coupa Software Application Delivery
- Coupa Software Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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