Coupa Signs Partnership Agreement with Solmate
10 March 2017 - 12:30AM
Coupa Software (NASDAQ:COUP), a leader in cloud-based spend
management, announced today that it has signed a partnership
agreement with the Solmate Group to expand Coupa’s
value-as-a-service (VaaS) offering in the Benelux region.
Based in the Netherlands, Solmate is a strategic business
partner that assists medium and large organisations with finance
transformation. Solmate provides the knowledge, experience and
people to support businesses with optimising their financial
processes. Coupa will leverage and build on Solmate’s extensive
track record of success with companies to help sell, implement, and
increase the use of Coupa’s solutions in the Benelux region,
particularly in mid-market sales.
“We believe that the innovation Coupa brings to the market helps
companies adapt to change and growth to stay ahead of their
competition. In the continuously changing world of finance, we
strongly believe that software alone just isn’t enough. Value
resulting from the use of software should be the main reason for
investing and implementing new software. Coupa’s idea and promise
of ‘value-as-a-service’ instead of SaaS fits perfectly in our
vision of the finance function of the future,” said André
Remmelzwaan, owner and CEO, Solmate Group.
“Solmate’s relationships in financial services, real estate,
aviation and the construction sector will extend our reach across
the Benelux region. Furthermore, with the experience of their
multi-lingual consultants, Solmate can bring the value of Coupa to
more new clients,” said Philippe Martinez, vice president of EMEA
Alliances at Coupa. “In return, Coupa can provide Solmate with the
opportunity to further streamline the spend management process of
its existing customers.”
Forward-Looking Statements:This
release includes forward-looking statements. All statements other
than statements of historical facts, including the quotations and
proposed benefits and opportunities from this partnership agreement
are forward-looking statements. These forward-looking statements
are based on Coupa’s current expectations and projections about
future events and trends that Coupa believes may affect its
financial condition, results of operations, strategy, short- and
long-term business operations and objectives, and financial
needs.
These forward-looking statements are subject to a number of
risks, uncertainties and assumptions that may cause actual results
to differ materially. The risks and uncertainties that could affect
Coupa’s future results are included under the captions “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations,” in Coupa’s quarterly report
on Form 10-Q filed with the SEC on December 9, 2016, which is
available at investors.coupa.com and on the SEC’s website at
www.sec.gov. Further information on potential risks that could
affect actual results will be included in other filings Coupa makes
with the SEC from time to time.
The forward-looking statements in this release reflect Coupa’s
expectations as of the date hereof. Coupa undertakes no obligation
to update publicly any forward-looking statements for any reason
after the date of this release to conform these statements to
actual results or to changes in our expectations.
About Coupa Software Coupa Software is the
cloud platform for business spend. We deliver “Value as a Service”
by helping our customers maximise their spend under management,
achieve significant cost savings and drive
profitability. Coupa provides a unified, cloud-based spend
management platform that connects hundreds of organisations
representing the Americas, EMEA, and APAC with millions of
suppliers globally. The Coupa platform provides greater
visibility into and control over how companies spend money.
Customers – small, medium and large – have used the Coupa platform
to bring billions of dollars in cumulative spend under management.
Learn more at www.coupa.com. Read more on the Coupa
Blog or follow @Coupa on Twitter.
Media inquiries:
Orlando De Bruce
Coupa Software
Global Public Relations
orlando.debruce@coupa.com
O (650) 485-8629
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