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Spendmanagement software company Coupa first grabbed headlines when it entered the Unicorn Club following its $80 million investment round last year. Coupa is going public, planning an IPO to raise a goal of $75 million on the Nasdaq Global Market, reports said on Friday (Sept. Now, the company is doing it again.
Enterprise spendmanagementsolution provider Coupa is expanding its offering with new features and a partnership with American Express, the companies said Wednesday (Nov. Coupa also announced the launch of Coupa Contract Lifecycle Management Advanced within its BSM platform, the result of its acquisition of Exari.
The firm said it will use the latest funding round to help fuel expansion of its travel and spendmanagementsolutions. According to CEO Joel Vicient, the company streamlines T&E into a paperless, streamlined solution, with automation helping to reduce the risk of fraud and errors.
Fellow expense service Coupa has also made moves in this area, announcing it has acquired Seattle-based FinTech Yapta to innovate its tracking and spending software. Check out the Tracker’s Deep Dive to learn how AI-powered solutions can increase convenience and productivity while also reducing the costs of fraud and avoidable errors.
The bank’s institutional division is encouraging AP departments to adopt a cloud-based procurement solution, created in partnership with spendmanagementsolutions provider Coupa.
Efforts to provide greater insight into all areas of company spend means Divvy will have to focus on enhancing its integration capabilities, which Snow said will be a focus for the company moving forward. Such a mission won’t be easy, though.
The Latest In Workforce Spend. Workforce spendmanagementsolutions, designed in part to help accounting departments keep tabs on employee spending, could help executives better understand and manage their business. percent on travel and expense spending.
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