To be successful, Uber needed a platform that would enable the company to implement scalable global processes to sustain growth, while also providing a simple, employee-friendly buying experience. Their procurement team operates on a broad global scope managing thousands of suppliers per year, issuing more than 120,000 purchase orders, processing more than 450,000 invoices, and more than 300,000 payments. Uber, like many other tech companies, operates in a fast-moving environment and is often faced with rapid periods of growth. Armed with a robust picture of their financial landscape, business executives can make informed decisions that drive impactful cost reductions and sustainability improvements. The IDC MarketScape cites one of Coupa's strengths as its 'single, unified platform offering a consistent, intuitive user experience in a fully integrated platform that spans the full business spend management space.' Using the industry's most complete spend management platform, Coupa customers have unparalleled visibility and control over their business spend. 'As businesses face volatile markets, our Community.ai-powered insights provide organizations with prescriptive recommendations critical to increasing efficiency, drive profitability, and grow sustainably.' We've worked tirelessly alongside our community to build a platform that is trusted, comprehensive, and community-powered,' said Raja Hammoud, executive vice president of products at Coupa. 'At Coupa, we believe that 'none of us is as smart as all of us.' Being recognized by the IDC MarketScape as a Leader in Procurement Applications shows this to be true yet again. The report notes, 'the open publishing and availability of core procurement metrics/KPIs across the Coupa platform were lauded by users, providing them with a view to both average and best-in-class results that are valuable benchmarking tools.' The IDC MarketScape named Coupa as a Leader based strategies and capabilities.

This is the third time Coupa has been recognized as a Leader in this market.

For a complimentary excerpt copy of the report, click here. SAN MATEO, Calif., Ma/PRNewswire/ - Coupa Software, a leader in Business Spend Management (BSM), has been positioned in the Leaders Category in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 2023 Vendor Assessment (doc #US48785722, March 2023). Coupa noted for 'ease of use, user experience, and delivering a consistent user experience across its suite of offerings'

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