Fast-Growth Companies Streamline Spend By Extending NetSuite with Coupa
04 October 2017 - 11:30PM
Coupa Software (NASDAQ:COUP), a leader in cloud-based spend
management, announced today that fast-growth companies like
Bankrate have extended their NetSuite ERP systems with Coupa’s
Procure to Pay (P2P) solution to automate their purchasing tools,
eliminate paper processing, and reduce costs.
In fact, “More organizations are foregoing monolithic ERP
systems for easy-to-deploy cloud applications that do most of what
they need in nimble micro-services,” according to an article
published April 2017 in TechTarget. To address that need, Coupa
works with ERP systems such as SAP, Oracle, Workday, Great Plains
and NetSuite to deliver organizations and its employees real-time
insight as opposed to isolated processes that may only be completed
through complex integrations and lack intuitive interfaces.
Additionally, as previously announced, Coupa has been
re-certified as “Built for NetSuite," which is a NetSuite
initiative to educate and consult with SuiteCloud Developer Network
(SDN) Partners in accordance with the mandated goal to provide
quality SuiteApps to NetSuite customers. The goal is to ensure that
SDN Partner solutions meet the same level of standards for
security, data privacy and overall quality as the solutions offered
by NetSuite.
“After we implemented NetSuite and Coupa, we went completely
digital. We’ve sped up and automated workflows, reduced redundancy,
and enhanced the overall procure-to-pay process,” said John Preis,
P2P Manager at Bankrate, a leading online publisher, aggregator and
distributor of personal finance content. “Today we are more
organized, and we know where everything is. Checking a status,
getting approvals and creating requisitions and POs have been
optimized as a result. Before, it was time consuming to manage
paper and documentation. Now it’s in an all-in-one digital location
with the integration of NetSuite and Coupa.”
To help fast-growth companies - like Bankrate - extend the value
of their ERP systems, Coupa offers express packages that are
designed to get these companies implemented, integrated with ERP,
and live very quickly.
“Our express packages give our customers a great starting place
to get their users and suppliers leveraging Coupa to start
delivering value for the company,” said Shelly Davenport, general
manager for U.S. mid-market at Coupa. “Mid-market companies that
take advantage of these packages can be live in some cases in as
little as eight weeks with a full production rollout to their users
and suppliers.”
Implementations for express packages are led by certified and
highly experienced partners, supported by a Coupa team that
monitors and advises the customer project. For more information
about Coupa’s Implementation Express Packages for fast-growth
companies, please go to
https://www.coupa.com/solutions/erp/netsuite/.
“Some mid-tier companies are apprehensive about rebranding their
accounts payable department from a data processing center to a
cost-savings center,” Preis said. “But if you enhance your NetSuite
ERP system with Coupa, you will have the opportunity to take your
payables to the next level. The integration allows companies to
analyze their data instead of just processing it, which helps them
see the bigger picture. This is a great benefit.”
About Coupa Software Coupa 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 BruceCoupa
Software Global Public
Relationsorlando.debruce@coupa.comO (650) 485-8629
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