Coupa recently completed its Inspire conference, which was attended by 3,000 customers, prospects, and partners. Coupa offers a Business Spend Management (BSM) platform based on a public cloud, which connects hundreds of organizations with millions of suppliers globally. The platform allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. This February, the investment firm Thoma Bravo acquired Coupa in an all-cash transaction valued at approximately $8.0 billion. Coupa is now a private company and is focusing on profitable growth. Coupa’s supply chain design solution continues to grow in depth and usability, and a new solution that applies machine learning to making better ongoing transportation routing and mode decisions is particularly interesting.
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