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Coupa To Buy LLamasoft For Enhanced Supply Chain Efficiency
PYMNTS
NOVEMBER 2, 2020
Coupa said it has agreed to spend $1.5 billion to acquire LLamasoft, whose artificial intelligence (AI)-powered software is used by companies to help manage their supply chains more efficiently.
Coupa, American Express Team On Virtual Cards
PYMNTS
OCTOBER 19, 2020
Now, every transactional step in the business spend management process can be done smarter and simpler.". Coupa also worked on new risk management and business spend tools through a cloud-based app, PYMNTS writes. "With Coupa Pay, Coupa and American Express are making it easier for our joint U.S.
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BSM Firm Coupa Buys Yapta To Help Firms Slash T&E
PYMNTS
JANUARY 7, 2020
Business spend management (BSM) firm Coupa Software has acquired travel price optimization startup Yapta to help companies slash travel and expenses (T&E), Coupa announced on Tuesday (Jan. Seattle-based Yapta tracks prices for airlines and hotels in real time and alerts people instantly when prices drop.
Coupa Bolsters Controlled Spending, Risk Management Capabilities
PYMNTS
JULY 27, 2020
Coupa , which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through a cloud-based platform, according to a press release.
Corcentric Unifies Former Acquisitions Under Its Own Name
PYMNTS
JANUARY 25, 2021
Business spend management provider Corcentric has rebranded three companies it had previously acquired under its own moniker, including source-to-pay provider Determine , eBilling provider Netsend and Source One , which works in strategic sourcing, according to a Monday (Jan. 25) press release.
Billtrust Surpasses $100 Billion in Payments Volume in 2022
CPA Practice
MARCH 30, 2023
The acquisition, completed in February 2022, followed the October 2021 purchase of iController and broadened the company’s European footprint, global presence and ability to expand its innovative Business Payments Network (BPN). Coupa Software, a leader in business spend management, joined BPN as a provider.
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Mastercard, EedenBull Extend Into Asia Pacific
PYMNTS
JUNE 29, 2020
The card program allows financial institutions to establish commercial cards and rewards programs and to manage those accounts. The program extends its Q Business spend management program to simplify digital services, the FinTech firm said. .
Coupa Acquires BELLIN Group To Boost Treasury Services
PYMNTS
JUNE 14, 2020
Coupa Software , which works in business spend management, announced that it has acquired treasury management software BELLIN Group , according to a press release.
Westpac Teams With Coupa To Revamp SMBs Spending In Australia
PYMNTS
AUGUST 21, 2019
Australian lender Westpac is partnering with business spend management (BSM) firm Coupa to help companies improve finance management on a cloud-based platform, Westpac said on Tuesday (Aug. The collaboration will deliver cost savings while automating inefficient tasks, facilitating risk reduction and improving compliance.
Coupa Software Beats Estimates For Q2 Revenue
PYMNTS
SEPTEMBER 3, 2019
Its revenue got a boost due to new customers signing on for the company’s business spend management platform, including Affirmed Networks, Commonwealth Bank of Australia, Las Vegas Valley Water District, Lucid Software, Rakuten, Redfin, Sainsbury’s Supermarkets, The Nebu Group, Tullow Oil, Volkswagen Group Australia, and Wawa. “We
Coupa’s Downside Guidance Overshadows Strong Q4
PYMNTS
MARCH 13, 2019
. “Heading into fiscal 2020, our powerful combination of innovation, execution and core values that are centered around ensuring customer success will enable us to extend our leadership position in business spend management,” said Bernshteyn in a statement announcing the results on Monday (March 11).
Modern spend management software unlocks new value drivers.
Airbase
APRIL 12, 2023
According to Gartner’s 2023 Global Software Buying Trends report, “Businesses realize the best way to face a volatile, uncertain, complex and ambiguous (VUCA) environment is to invest in digital transformation, but leaders will have to be more strategic in allocating funds.”
Bento For Business Taps Visa For Small Business Cash Flow
PYMNTS
APRIL 4, 2019
Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers.
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Barclaycard: Why It’s Time To Rethink Everyday B2B Spend
PYMNTS
AUGUST 19, 2020
The B2B Workforce Spend Playbook: A Guide To Modernizing Businesses’ Everday Spend , a PYMNTS and Conferma Pay collaboration, explores the ways in which the demand for business spend management tools are arising amid the transition to a remote workforce.
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Coupa: Adapt, Adapt, Adapt Amid Pandemic
PYMNTS
OCTOBER 21, 2020
We’re already using Coupa Pay and, more broadly, Coupa Business Spend Management for our core operations. A big part of our focus continues to be digitizing in areas where we have gaps. Now, we’re integrating the same for the back-office operations of some recent acquisitions.
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Tradeshift Integrates Wax Digital’s Vendor Sourcing Automation
PYMNTS
NOVEMBER 14, 2019
Supply chain payments company Tradeshift has announced a partnership with Wax Digital, a FinTech offering businesses spend management tools. A press release issued Thursday (Nov.
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Most CFOs Lack Full Visibility Into Company Spend, Coupa Finds
PYMNTS
MAY 8, 2018
“The results of this study are not surprising — visibility remains a huge challenge for CFOs in today’s dynamic and ever-evolving business environment,” he said.
Commercial Cards Gear Up For Corporate Travel’s Return
PYMNTS
JUNE 17, 2020
In another initiative focused on spend management, BNP Paribas announced that it is adding virtual commercial cards within the expense management platform Coupa , linking those cards to Coupa Pay, PYMNTS reported.
Payroll Cards Find Opportunity In Corporates’ Digitization Push
PYMNTS
JULY 2, 2020
EedenBull, which is based in Norway, Scotland and Singapore, launched its commercial card platform in May to support financial institutions’ management of their own business cards and integrated rewards programs. Global Cash Card’s Legal Saga Ends.
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Coupa Tops Third-Quarter Expectations, But Shares Slump
PYMNTS
DECEMBER 5, 2018
“The foundation for our strong financial results continues to be our ability to deliver repeatable and measurable value for our customers worldwide across all areas of business spend management,” Bernshteyn added.
Coupa Taps Amex, Mastercard Track In Spend Management Expansion
PYMNTS
NOVEMBER 6, 2019
In a press release , Coupa announced the launch of Source Together, a solution allowing businesses to harness the power of group buying to obtain greater leverage to access discounts and savings.
Coupa Taps PayPal, Stripe, Others For B2B Payments Upgrades
PYMNTS
JUNE 26, 2019
. “Today’s announcement is another step forward in realizing our vision of one platform to manage all business spend, including payments.
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Coupa Taps PayPal, Stripe, Others For B2B Payment Upgrades
PYMNTS
JUNE 26, 2019
. “Today’s announcement is another step forward in realizing our vision of one platform to manage all business spend, including payments.
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43 Top Issuers Embrace FinTech Collaboration For Biz Card Innovation
PYMNTS
NOVEMBER 20, 2019
Dubbed the Founder’s Card, the Visa-OPEN small business card product is designed to support recurring payment needs for small businesses, with value-added features like expense management and a rewards program. Amex Collaborates On Virtual Card Adoption.
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BNP Paribas Boosts V-Card Adoption Within Coupa
PYMNTS
JUNE 10, 2020
Corporate spend management platform Coupa is expanding availability of virtual commercial card payments as a result of a partnership with BNP Paribas , according to a press release from the financial institution. “It is exciting that this is now also possible using BNP Paribas virtual credit cards.”
Card Incentives Jump On Businesses’ Shift Away From Cash
PYMNTS
FEBRUARY 19, 2020
. “This enables [corporates] to uncover valuable spend data, simplify processes, and make smart decisions,” said SAP Concur India Managing Director Mankiran Chowhan in a statement. Center Expands Beyond Cards For T&E.
Combining Personal And Business Spend Management — The Right Way
PYMNTS
SEPTEMBER 15, 2017
Small business accountants have a bone to pick with their clients. A survey released by Intuit this week found that SMB accountants say the top challenges to being able to do their jobs include small businesses failing to adequately keep records, not using accounting software and not staying on top of bills.
Genpact On The Analytics Innovations That Can Help Companies Grapple With Pandemic-Driven Changes
PYMNTS
NOVEMBER 9, 2020
Developing these analytical models and algorithms is a tall order for even the largest businesses, so many are partnering with third parties to aid in this endeavor. Genpact partnered with business spend management developer Coupa to aid in its analytics implementation strategy. “As
Beyond The US, Open Banking Goes Beyond The Consumer
PYMNTS
NOVEMBER 13, 2019
businesses to connect their bank account data directly into Soldo’s business spend management platform. Another U.K. B2B FinTech, Soldo , announced a data integration with NatWest , allowing U.K. Soldo said it is partnering with NatWest’s Rapid Cash offering.
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The Competitive Advantage Of Commercial Card Acceptance
PYMNTS
JUNE 20, 2019
“It’s turning into being a business spend management and information systems program that companies are using, and trying to maximize across their entire business spend environment.”
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Coupa: Moving CFOs Beyond Silos And Spreadsheets
PYMNTS
MAY 16, 2018
To download “IN BUSINESS SPEND MANAGEMENT, FINANCIAL SERVICES CFOs FIND A SHARP STRATEGIC EDGE”, fill out the form below: [contact-form-7].
Coupa: How CFOs Become Chief Business Drivers
PYMNTS
MAY 22, 2018
From revenue, the typical push has been to examine the returns on employee assets and then business spend management. Data Points #2 and #3: 60 percent and 30.2 Data point #2 is the percentage of Coupa survey respondents who believe that new technology can help them become more efficient.
‘Google Checking,’ T-Mobile Data Breach Top This Week’s News
PYMNTS
NOVEMBER 29, 2019
In a feature story, Rich Wessels, treasurer for transportation management and logistics firm Transplace , explains the “chicken-and-egg” dilemma that logistics companies encounter when considering the potential benefits of AP automation. How Spend Tools Feed Food Banks’ Need For Accountability (Bento for Business Spend Management Playbook).
Spend Management is the Next Focus for Client Accounting Services
CPA Practice
OCTOBER 4, 2023
For most small and midsize businesses (SMBs), tracking expenses is a necessary – and likely painful – task. Cash flow is tight for many SMBs, and business owners need greater visibility into their cash flow to mitigate the impact of unexpected expenses. By Brandon Roth.
Small Business Expo Brings Expensify to Thousands of Attendees
CPA Practice
SEPTEMBER 5, 2023
s chat-based platform, New Expensify , has been selected by Small Business Expo as the featured conference networking tool for the 5,000+ attendees of its Los Angeles event on Wednesday, Sept. Expensify is a financial management app for expenses and corporate cards. Expensify, Inc.’s
How Spend Management Beefs Up Bottom Lines
PYMNTS
APRIL 2, 2018
If wasteful spending can be identified at the time when a decision is being made, then it’s possible to streamline that transaction and deliver greater efficiency with the same number of dollars. Duvedi named a few areas of risk where cost can be reduced and found money unlocked through more effective business spend management.
PEX CEO: Why Gig Workers Need Spend Management Tools
PYMNTS
MAY 29, 2018
If you really know the music industry , you know that many tour managers and accountants are barely a half-step removed from the glory days of the abacus.
Coupa Pay Launches, Taps Barclaycard For Virtual Cards
PYMNTS
NOVEMBER 8, 2018
. “Coupa Pay is a natural step in our journey to help companies spend smarter,” said Coupa Senior Vice President of Business Acceleration Ravi Thakur in a statement. “It inherently offers a twofold advantage.
Coupa Eyes Fraud, Compliance In Spend Management Updates
PYMNTS
FEBRUARY 7, 2019
Corporate expense management solution provider Coupa has updated its platform with new features targeting compliance and fraud prevention. These innovations deliver against our mission to continuously set the innovation agenda for our industry and make business spend management simpler, safer, and smarter for companies everywhere.”
Coupa Taps Alexa For Added Spend Management Features
PYMNTS
MAY 11, 2018
Coupa has rolled out enhancements to its business spend management (BSM) solution, the firm revealed this week. The enterprise spend management company announced at its annual Inspire conference the addition of voice activation using Amazon Alexa to manage inventory, locate items, and reorder stock.
UK Metro Bank Hit By Messaging Scams
PYMNTS
FEBRUARY 8, 2019
Separately, in an effort to stymie fraud, corporate expense management solution provider Coupa has updated its platform. New features on offer are targeting compliance and fraud prevention.
Small Businss Banking Secures New FinTech Unicorn
PYMNTS
MAY 8, 2020
Business spend management company Corcetric has revealed an $80 million capital raise led by private equity firm Bregal Sagemount, a press release said. Data is collected as a result of the FinTech’s direct integration into user bank accounts as well as their accounting, factoring, ERP and other back-office platforms.
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