Coupa Software

Coupa Software

Cloud-based spend management and procurement solutions

About Coupa Software

Simplify's Rating
Why Coupa Software is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Mateo, California

Founded

2006

Overview

Company Historically Provides H1B Sponsorship

Coupa Software provides a cloud-based platform for spend management and procurement solutions. Its suite of tools helps businesses manage their expenditures by integrating procurement, invoicing, and expense management into one system. This integration reduces inefficiencies that occur when these processes are handled separately. Coupa serves a wide range of clients, from large enterprises to mid-sized companies, across various industries. The company operates on a subscription-based model, allowing clients to access its tools for a recurring fee, which can be scaled as needed. Coupa differentiates itself from competitors by offering a user-friendly interface that resembles online shopping, leading to high user adoption and satisfaction. The goal of Coupa Software is to help businesses control costs and improve financial efficiency.

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Simplify's Take

What believers are saying

  • AI-driven solutions are increasingly adopted, enhancing Coupa's offerings in financial operations.
  • Partnership with Levelpath reduces procurement cycle times, offering a competitive edge.
  • Recognition as a leader in Gartner Magic Quadrant strengthens Coupa's market position.

What critics are saying

  • AI-driven competitors may outpace Coupa's offerings in the spend management space.
  • Trade tensions and tariffs could impact Coupa's clients' spending strategies.
  • Evolving CFO roles may shift demand for more advanced financial management tools.

What makes Coupa Software unique

  • Coupa offers a unified platform for procurement, invoicing, and expense management.
  • The company integrates AI to optimize financial operations and enhance spend management.
  • Coupa's user-friendly interface ensures high adoption and customer satisfaction.

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Funding

Total Funding

$8352.2M

Above

Industry Average

Funded Over

10 Rounds

Notable Investors:
Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
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Benefits

Insurance Package

Family Support

Legal Assistance

Student Loan Assistance

Employee Assistance

Discounts

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-5%
PYMNTS
Apr 10th, 2025
Why Ai Is Becoming The ‘Pacemaker’ Of Company Finances

Company finances are the hidden, beating heart of a business. Suppliers and workers don’t see the behind-the-scenes details of how they get paid, just that the money flows into their bank accounts (or, increasingly, digital wallets). But as enterprises increasingly adopt artificial intelligence (AI) to help them manage their financial operations, it’s turning the rapidly evolving technology into the equivalent of a corporate pacemaker, automating and regulating the smooth flow of billions of dollars in disbursements. In the process, AI is becoming a profit center that helps businesses streamline their payment processes, ensure disbursements flow on time — and in the right amount — and better manage their capital

PYMNTS
Apr 9th, 2025
Walmart Retracts Income Guidance Over Tariff Concerns

Walmart is pulling its first-quarter operating income outlook due in part to tariff-related concerns.“The range of outcomes for Q1 operating income growth has widened due to less favorable category mix, higher casualty claims expense and the desire to maintain flexibility to invest in price as tariffs are implemented,” the retail giant said in a news release Wednesday (April 9).Walmart had forecast operating income of 0.5% to 2% for the first quarter when it released fourth-quarter earnings results in February. The company is scheduled to release its full earnings May 15.Walmart said it expects first-quarter sales growth to be in line with a 3% to 4% outlook, with annual sales and operating income growth guidance unchanged, per the release, timed to coincide with the company’s Investment Community Meeting.The announcement came the same day that President Donald Trump’s steep tariffs went into effect, impacting some of the nations that Walmart relies on to source its goods. This includes a 104% tariff on products from China and 46% duties on goods from Vietnam.Walmart has reportedly been trying to lessen the blow of the tariffs by lobbying suppliers to cut prices. Despite talks with the Chinese government and warnings of potential retaliation, the retail giant has apparently asked suppliers in China to reduce prices by as much as 10% per tariff round. The measure is designed to preserve Walmart’s reputation for low prices even in the face of rising economic pressures.“These negotiations come at a time when tensions between the United States and China continue to cast uncertainty over international trade,” PYMNTS wrote last week. “Walmart’s strategic response underscores its dedication to maintaining cost competitiveness, even if it requires pushing suppliers to absorb part of the economic burden

PYMNTS
Apr 8th, 2025
5 Ways Ai Can Help Mitigate The Impact Of Tariffs On Business

The Trump tariffs are continuing to roil the business world, plunging the U.S. stock market dangerously close to bear territory. External forces like trade policies mean companies have limited leeway on how to protect themselves. “Tariffs, like any crisis, are extremely dynamic — and the latest round that imposed tariffs on all U.S. importers is a perfect example,” Leagh Turner, CEO of Coupa Software, told PYMNTS. “They impact businesses in different ways depending on their country, product type and trade relationships

PYMNTS
Apr 2nd, 2025
Nice Actimize Adds Agentic Ai To Financial Crime Prevention Platform

NICE Actimize added agentic AI capabilities to X-Sight ActOne, the company’s platform for fraud and financial crime prevention. Available through X-Sight ActOne’s InvestigateAI, the agentic AI capabilities orchestrate all fraud and financial crime prevention workflows on one platform, automate processes and engage human oversight only when necessary, the company said in a Wednesday (April 2) press release. “This empowers financial institutions to scale operations and realize transformative cost and labor efficiencies,” NICE Actimize CEO Craig Costigan said in the release

Cache Valley Daily
Mar 27th, 2025
Las Vegas Raiders Team up with Coupa to Champion Total Spend Management

Las Vegas Raiders team up with Coupa to champion total spend management.

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