SAN MATEO, Calif., May 16, 2019 /PRNewswire/ -- Coupa Software
(NASDAQ: COUP), a leader in business spend management (BSM), today
announced that Coors Distributing Company (CDC), a beverage
distribution subsidiary of Molson-Coors, has selected Coupa to
modernize its business through improved procurement and expense
processes that will increase visibility into spend.
![Coupa Software (PRNewsfoto/Coupa Software) Coupa Software (PRNewsfoto/Coupa Software)](https://mma.prnewswire.com/media/818424/coupa_Logo.jpg)
As one of the largest beer distributors in the Colorado area, CDC distributes to a wide range
of consumer venues, including bars, restaurants, retail outlets,
and more. Since 1971, CDC has grown to nearly 400 employees,
expanding its beer portfolio to more than 30 breweries, hundreds of
different brands, and thousands of SKUs in the dynamic Denver market. Prior to Coupa, invoice
creation and expense reporting processes were limited due to
offsite capabilities with its legacy on-premise procurement
software. With Coupa's user-friendly, cloud-based solution, its
employees will now have access to robust built-in capabilities and
features to meet the needs of procurement teams whether on- or
offsite.
"To continue operating as a small but mighty team, our business
needed to upgrade processes and Coupa stepped up to the plate as a
true partner in our BSM transformation," said David Deard, IT manager at Coors Distributing
Company. "With a focus on our needs and delivering value and a
flexible platform, we knew Coupa was the right solution for our
unique business requirements."
With the help of the Coupa BSM Platform, CDC will see reduced
cycle time of digital purchase orders, improved electronic invoice
management, time-saving operational efficiency through greater ease
of processes and organization-wide expense report compliance across
business units.
"CDC was ready to adopt a modern solution to simplify its
internal processes and improve governance over business spend, and
we are thrilled to support them on this transformation," said
Steve Winter, chief revenue officer
at Coupa. "We look forward to helping them drive greater
adoption and business spend visibility, and ultimately, delivering
measurable business results together."
Coupa empowers companies around the world with the visibility
and control they need to manage all their business spend in one
place. To learn more, visit https://www.coupa.com/.
About Coupa Software
Coupa Software is a leading
provider of BSM solutions. We offer a comprehensive, cloud-based
BSM platform that has connected hundreds of organizations with more
than four million suppliers globally. Our platform provides greater
visibility into and control over how companies spend money. Using
our platform, businesses are able to achieve real, measurable value
and savings that drive their profitability. Learn more at
www.coupa.com. Read more on the Coupa Blog or follow @Coupa on
Twitter.
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SOURCE Coupa Software