Overview
Coupa Software, incorporated in Delaware in 2006 and headquartered in San Mateo, California at the time of its last annual report, describes itself as a provider of business spend management (BSM) software[2]. Its transactional core comprises Procure, Invoice, Expense and Pay, supported by strategic sourcing, contract management, contingent workforce, supplier risk management, supply-chain design and planning, treasury management and spend analysis, and the Coupa Open Business Network[2].
In its fiscal year to 31 January 2022 Coupa reported revenue of US$725.3 million, cumulative spend under management of US$3.34 trillion, connections to more than seven million suppliers, customers in more than 70 countries, products in more than 30 languages and 3,076 employees[2]. On 28 February 2023 it was acquired by an affiliate of Thoma Bravo Fund XV, with each share converted into US$81.00 in cash, and it ceased to file public reports[3]. Coupa’s breadth across procurement, AP, expenses and treasury suits large organisations wanting one spend platform. Its website refused automated access during research, so current figures and pricing are not verified, and as a private company it no longer publishes audited results.
Coupa features
- Procure, Invoice, Expense and Pay modules
- Strategic sourcing and contracts
- Supplier risk management
- Treasury management
- Coupa Open Business Network
- Requisition-to-pay procurement
- Supplier management and sourcing
- Invoicing and payments
Coupa pricing
Quote-based; no published prices.
Coupa strengths and limitations
Strengths
- Very broad spend-management scope
- Large supplier network
- Audited history from public years
- Treasury and expense in same suite
- Broadest procure-to-pay scope in this list
- Built for multi-national approval chains
Limitations
- No current public financials
- Pricing unpublished
- Website blocked independent verification
- Suite complexity for smaller buyers
- Long, partner-led implementations
- No published pricing
Appears in
Coupa alternatives and competitors
Alternatives to Coupa: companies ranked in the same lists.
Is this your company?
Update the description, logo, image and link through the submission form. Editors review every change.