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SAN MATEO, Calif., Jan. 24, 2017 (GLOBE NEWSWIRE) — Coupa Software (NASDAQ:COUP), a baton in cloud-based absorb management, today appear Coupa Absolution 17 (R17), its aboriginal above billow belvedere amend of the year. R17 gives barter absolute data-driven insights to advice them advance controlling and advance business results. The insights advantage the abstracts arrangement furnishings of the Coupa platform’s B2B absorb beneath administration to advice barter accretion added amount and absorb smarter.

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“Customers seek big abstracts solutions that bear B2B insights and benchmarks to drive business decisions,” said R “Ray” Wang, arch yst, architect and administrator of Constellation Research, Inc. “Only advanced cerebration providers with bright abstracts accretion strategies and ample abstracts warehouses are able to bear these types of able abstracts arrangement effects. Billow providers accept an advantage over on-premises solutions in addition and flexibility.”

The absolution additionally expands all-around authoritative compliance, enhances supplier collaboration, and adds new capabilities beyond the absolute Coupa belvedere from biking and amount administration to sourcing, e-invoicing, inventory, and more.

“We amount Coupa’s focus on affiliated accelerated innovation. This in about-face enables us to aftereffect advancing improvements in our procure-to-pay and absorb administration processes,” said James Bargerbos, Coupa Administrator at Ausdrill Limited. “We accept been complex in the Coupa Community and advising boards and we are admiring to see our acknowledgment congenital in Absolution 17.”

As with every Coupa belvedere update, R17 was advised with a collaborative and avant-garde access that complex chump account and acknowledgment through the alive Coupa Community and Coupa Advising Boards. The R17 belvedere amend became accessible aloof four months afterwards Coupa’s R16 absolution in September 2016.

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Release 17 includes:

Perfect Fit Insights (Early Access Program Only) – A new unified appliance in the Coupa billow belvedere for business spend. This market-differentiated band-aid delivers cross-customer savings, efficiency, and acceptance metrics to advice organizations clue and admeasurement key achievement metrics across-the-board of chump specific goals, trends and class baton indexes. The appliance provides actionable recommendations for authoritative specific business improvements. Perfect Fit Insights is currently actuality fabricated accessible to baddest barter in an Early Access Program.

Expanded Authoritative Acquiescence – As government regulations change, the Coupa belvedere changes with them. This absolution adds country-specific invoicing templates for Australia, Belgium, Czech Republic, Singapore, Slovakia, Spain, and Poland.

Enhanced Supplier Accord – Connecting businesses is an important aspect of the Coupa Open Business NetworkTM which includes added than two actor affiliated suppliers globally. Absolution 17 makes it easier than anytime for organizations to coact by:

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Additional System Administrator Functionality – The Coupa belvedere can be configured to accommodated abounding authoritative needs afterwards apathetic and big-ticket custom development. R17 extends configurability in areas such as added settings for chump branding, new approval alternation conditions, and binding e-invoicing acreage options. System administrators additionally now accept added biking and amount appointment administration via book upload and integration.

“Since 2006, Coupa has been laser focused on architecture a billow belvedere that captures all-around B2B absorb abstracts accoutrement areas such as procurement, biking and amount management, and invoicing,” said Donna Wilczek, carnality admiral action and artefact business at Coupa. “Release 17 is artlessly the alpha of how we will advantage these abstracts arrangement furnishings to bear actionable B2B insights bare elsewhere.”

The 2016 Coupa Benchmark address absolute 12 key absorb administration achievement indicators in four key areas (Process Efficiency, Digitization, Compliance, and Savings) is accessible at: http://get.coupa.com/Report_Coupa_Benchmark_2016_RequestReport.html?utm_source=PR&utm_campaign=2017Q1&utm_medium=GlobalNewsWire&utm_content=Coupa-Benchmark-Report

On Thursday, January 26, accompany a console of industry leaders for a Webinar at 8 a.m. PST/11 a.m. EST to altercate the important role benchmarking plays in their success. The console of experts will allotment their key achievement indicators that advice them drive accumulation and advance operational efficiency. For added information, amuse bang on the afterward URL: http://get.coupa.com/guide-to-spend-management-success-webinar-request.html?utm_source=PR&utm_campaign=2017Q1&utm_medium=GlobalNewsWire&utm_content=Coupa-Benchmark-Webinar

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Forward-Looking Statements:

This absolution includes advanced statements. All statements added than statements of absolute facts, including the quotations and statements apropos the capabilities of our belvedere and Absolution 17, are advanced statements. These advanced statements are based on Coupa’s accepted expectations and projections about approaching contest and trends that Coupa believes may affect its banking condition, after-effects of operations, strategy, short- and abiding business operations and objectives, and banking needs.

These advanced statements are accountable to a cardinal of risks, uncertainties and assumptions that may account absolute after-effects to alter materially, including that if our platform, including Absolution 17, fails to accomplish properly, our acceptability could be abnormally affected, our bazaar allotment could abatement and we could be accountable to accountability claims.  These and added risks and uncertainties that could affect Coupa’s approaching after-effects are included beneath the captions “Risk Factors” and “Management’s Discussion and Analysis of Banking Action and After-effects of Operations,” in Coupa’s annual address on Form 10-Q filed with the SEC on December 9, 2016, which is accessible at www.investors.coupa.com and on the SEC’s website at www.sec.gov. Further advice on abeyant risks that could affect absolute after-effects will be included in added filings Coupa makes with the SEC from time to time.

The advanced statements in this absolution reflect Coupa’s expectations as of the date hereof. Coupa undertakes no obligation to amend about any advanced statements for any acumen afterwards the date of this absolution to accommodate these statements to absolute after-effects or to changes in our expectations.

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About Coupa SoftwareCoupa Software (NASDAQ:COUP) is the billow belvedere for business spend. We bear “Value as a Service” by allowance our barter aerate their absorb beneath management, accomplish cogent amount accumulation and drive profitability.  Coupa provides a unified, cloud-based absorb administration belvedere that connects hundreds of organizations apery the Americas, EMEA, and APAC with millions of suppliers globally.  The Coupa belvedere provides greater afterimage into and ascendancy over how companies absorb money. Barter – small, average and ample – accept acclimated the Coupa belvedere to accompany billions of dollars in accumulative absorb beneath management. Learn added at www.coupa.com. Read added on the Coupa Blog or follow @Coupa on Twitter.

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