Coupa Software IncNASDAQ COUP Stock Report

Coupa Software, Inc. engages in the provision of business spend management (BSM) solutions. The company is headquartered in San Mateo, California and currently employs 3,076 full-time employees. The company went IPO on 2016-10-06. The firm offers cloud-based BSM platform that has connected its customers with suppliers globally. The company provides visibility into and control over how companies spend money, optimize supply chains, and manage liquidity. The Company’s BSM platform delivers a range of capabilities that would typically require the purchase and use of multiple disparate point applications. The core of its platform consists of procurement, invoicing, expense management, and payment modules that form the transactional engine for managing a company’s business spend. The firm provide purchasing programs, such as Coupa Advantage, which offers access to pre-negotiated discounts from various suppliers, and Source Together, which connects community members to engage in group sourcing events, allowing them to leverage pooled buying power to achieve contracting terms and capture savings.