SAN MATEO, Calif.--(BUSINESS WIRE)--Coupa Software, a leading global provider of cloud-based applications for finance, today announced a strategic alliance with KPMG Australia. The companies are expanding on the successful alliance already in existence in the USA, to help clients transform their approach to procurement to achieve bottom-line savings.
For most companies, the procure-to-pay (P2P) process typically ties up significant amounts of capital that could otherwise be invested in growing the business. Manual procurement processes, lengthy management approvals, manual reconciliations, and lengthy payment cycles are among the many culprits that contribute to inefficiencies in the process. In addition, the general lack of integration with other business processes and systems create further inefficiencies and high transaction costs. Together, KPMG and Coupa will help reduce these inefficiencies and costs in their clients’ procurement processes.
“Our alliance with Coupa will help clients transform their procurement processes - reducing costs and adding strategic value,” said Ian Hancock, KPMG Australia’s head of management consulting. “We can now take our procurement advice that one step further and support clients with Coupa’s suite of cloud applications. Our strategic expertise together with Coupa’s solutions will ultimately deliver significant value to our clients’ procurement practices and pipeline.”
“KPMG and Coupa share a common vision,” said Roger Goulart, vice president, alliances at Coupa. “Together, we are helping companies achieve success using our suite of award-winning cloud applications and leveraging their change management expertise.”
Greif Transforms Procurement with Coupa and KPMG
Greif, headquartered in Delaware, Ohio, with operations in more than 50 countries, is a manufacturer of industrial packaging. Greif wanted to decentralize its purchase order process and maximize employee productivity by putting purchasing power into the hands of its local finance teams.
Greif chose Coupa and KPMG after a thorough review of services because it offers a feature-rich cloud platform that is quick to deploy and faster time to value. Since deployment in mid-September, Coupa’s spend optimization software has helped Greif:
- Standardize its purchasing practices by delivering an automated environment to employees, increasing staff efficiency in purchasing and AP functions
- Deploy a robust cloud-based financial solution in 4 months (1)
Coupa's One Vision world tour takes place in Sydney Nov 7, 2013. For more information on event locations and agendas, visit get.coupa.com/onevision.html.
About Coupa Software
Founded in 2006, Coupa Software is the leading provider of cloud-based spend optimization software. More than 350 customers use the Coupa suite of cloud applications to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a suite of true cloud applications for finance, including procurement, expense management and accounts payable that enables customers to launch the solution immediately and quickly realize significant savings. Learn more at: http://www.coupa.com or call +1 (650) 931-3200. Read more at our company blog, Making Cents or follow @Coupa on Twitter.
(1) Based on internal customer results
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