Largest software companies: Coupa Software
‘The all-in-one business spend platform’, Coupa Software was founded in 2006. Its key mission statement is to deliver business value to its clients.
Coupa Software prides itself on its innovative and user centric spend management solutions that help companies in multiple industries spend smarter while saving money all on one platform. The business spend management (BSM) platform is comprehensively designed for end users to have flexibility and ease of use in one platform.
The BSM platform has multiple applications for its users to utilise including: procurement, invoicing, expenses, payments, spend analysis, strategic sourcing, contract management, contingent workforce and supplier management.
The company has three core value:
Ensure customer success “we want to do everything in our power to make our customers achieve their goals and satisfy their organisational missions,” – Coupa
Focus on results “we are accountable to our customers to produce results. That is why achieving real, tangible results is built into the DNA of our company and every employee and partner we work with. We see this as our most important responsibility,” – Coupa
Strive for excellence “For us, striving for excellence is about never lowering the bar. We strive for excellence by raising the bar for ourselves and our customers. We constantly ask how we can be better than we were yesterday.” - Coupa
Industries that are utilising Coupa Software’s platform include: consumer packaged goods, education, energy and utilities, financial services, food and beverages, healthcare, hospitality, life science, manufacturing, non-profit, public sector, retail and technology.
Did you know? Coupa Software was No.5 in Supply Chain Digital’s October edition for Top 10 software companies.
For more information on all topics for Procurement, Supply Chain & Logistics - please take a look at the latest edition of Supply Chain Digital magazine.
SAP Ariba to digitise procurement for Expo 2020 suppliers
The global trade event, this year hosted in Dubai, was rescheduled from last year and will now take place between 1 October 2021 and 31 March 2022.
As the event’s Innovative Enterprise Software Partner, SAP Ariba solutions will fully digitise and automate the procure-to-pay lifecycle, providing a streamlined experience for thousands of market leading, global suppliers and strengthening the global supply chain with enhanced transparency and efficiency. The cloud-based platforms operate through on SAP Ariba’s UAE public cloud data centre and connects to the Ariba Network.
Expo 2020 "a long-term investment"
Mohammed AlHashmi, Chief Technology Officer, Expo 2020 Dubai, said the world trade event is “a long-term investment in the future that aims to enhance opportunities for sustainable business connectivity and growth”, which stretches beyond Expo 2020’s six-month window.
“Our partnership with SAP is an example of what can be achieved with the invaluable support of our technology partners to host one of the most digitally advanced World Expos ever,” he added. “The implementation of SAP Ariba solutions has transformed our end-to-end procure-to-pay cycle and helped set new standards of procurement automation for projects of this scale.”
To date, more than AED 1bn has already been transacted by Expo 2020 suppliers through SAP Ariba. The platform promotes collaborative partnerships and allows registered users to participate in sourcing events, negotiate and initiate contracts, and centralise their invoicing and payments in real time.
Claudio Muruzabal, President of EMEA South, SAP, said: “Expo 2020 Dubai is demonstrating global best practices in digitising its procurement process with SAP Ariba solutions to help gain visibility into its spend, tighten collaboration with its suppliers, and achieve process automation, including completely paperless invoicing.”
About Expo 2020 Dubai
Expo 2020 will take place in Dubai and is the first of the long-running World Expos to be hosted in the Middle East, Africa and South Asia territory. The original World Expo, called the Great Exhibiton, was hosted in 1851 at the Crystal Palace in London, designed as a showcase for the innovations of the Industrial Revolution.
Expo 2020 was originally due to run 20 October 2020 to 10 April 2021, but was last year postponed in light of COVID-19 restrictions - though some business has already taken place virtually. The event will place greater emphasis on innovation in sustainable solutions through the Sustainability District, blending technology and culture. It is expected that around 70 per cent of the 25 million attendees will be international visitors.