Coupa Profiled in Billentis 2017 E-Invoicing / E-Billing Report
05 June 2017 - 10:30PM
EDITOR’S NOTE: Coupa will host two
webinars on the state of global e-Invoicing and e-billing June 15
and 16. Bruno Koch, author of the Billentis report, Wim
Goossens, manager of Global Purchase to Pay Project at Philip
Morris International and Markus Hornburg, Coupa vice president of
global product compliance, will be the featured guests.
Coupa Software (NASDAQ:COUP), a leader in cloud-based spend
management, today announced it has been profiled in a report
created by Billentis titled “E-Invoicing / E-Billing Report, 2017,”
which is compiled to support invoice issuers and recipients who
want to replace their expensive paper-based invoice management with
e-invoicing.
According to the report, a rapidly growing number of disruptive
next-generation technologies have laid a strong foundation to
substitute old processes with innovative solutions developed by
forward-thinking companies that are poised to take advantage of
this transition. “The digital transformation is no longer an
option, it’s the imperative,” the report states.
Coupa is listed in the Billentis report as one of the
forward-thinking companies that provides disruptive,
next-generation technologies to digitize paper-based systems.
Born in the cloud, Coupa delivers a modern spend-management
platform that accelerates business by unifying processes across all
the ways employees spend money. These processes cover travel and
expense management, procurement, invoicing, and related
source-to-settle areas. Using the Coupa Open Business Network™, the
platform has connected more than three million suppliers and
delivers a powerful solution for businesses committed to
controlling their spend.
“Our innovative service offering delivers a rock solid global
e-invoicing platform that customers can use to help pass stringent
requirements,” said Donna Wilczek, vice president strategy and
product marketing at Coupa. “We make advanced capabilities, such as
Know Your Transaction regulatory compliance, supplier friendly and
we don’t charge supplier fees in order to deliver our customers the
highest rates of digitized invoices and, ultimately, measurable
business value.”
The Billentis report was compiled based on:
- Publicly available information gathered from thousands of
sources over several years
- Market research carried out by third parties (representing
15,000+ enterprises and 10,000+ consumers)
- Verification of important figures by customer/provider visits
and/or calls
- Deep experience from more than 160 customer consulting projects
in 50+ countries
“More than 90% of all invoices worldwide are still processed
manually. This is absolutely unsatisfactory. Requirements for the
clearance model may help to significantly increase the proportion
of electronic invoicing. Emerging technologies like blockchain,
cloud aggregation platforms, robotic process automation, machine
learning and advanced analytics may pave the way to improve the
degree of business process automation and exploit the full
potential for savings.” – *Billentis, E-Invoicing / E-Billing
Report, 2017.
To learn more about the state of global e-Invoicing and
e-Billing, Coupa invites all to attend one of two webinars titled:
“Present and future trends in global e-invoicing, tax compliance
and automation.” Webinar speakers include: Bruno Koch, the author
of the Billentis report; Wim Goossens, Manager Global Purchase to
Pay Project at Philip Morris International; and Markus Hornburg,
Coupa vice president of global product compliance on the following
dates:
- English: June 15, 2017 at 15:00 CEST | 9 a.m.
EDThttp://get.coupa.com/Live_Billentisreport_June15_Registration.html
- German: June 16, 2017 at 10 H
CESThttp://get.coupa.com/Live_BillentisReport_German_June16.2017_Registration.html
* 2017 E-Invoicing / E-Billing Report, Bruno Koch, Billentis, 18
May 2017
About Coupa SoftwareCoupa Software
(NASDAQ:COUP) is the cloud platform for business spend. We deliver
“Value as a Service” by helping our customers maximize their spend
under management, achieve significant cost savings and drive
profitability. Coupa provides a unified, cloud-based spend
management platform that connects hundreds of organizations
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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