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Coupa Launches Business Spend Management App Marketplace

Tuesday 24th August, 2021

Coupa Software has launched Coupa App Marketplace giving its customers an easier and smarter way to extend the power of the leading BSM platform. The Coupa App Marketplace connects businesses with certified, pre-built solutions that create a seamless way to tap into a trusted global community of BSM partners.

The Coupa App Marketplace is the first marketplace in the comprehensive BSM space that offers solutions to extend a customer’s existing tech stack and deepen their BSM capabilities so they can easily share information, automate workflows, and conduct key tasks. Solutions from the Coupa App Marketplace range from supply chain insights to supplier risk analysis all the way to travel and expense and IT management, Coupa said in a press release.

“Companies have emerged from the pandemic with a newfound appreciation for managing spend effectively and comprehensively. Coupa’s BSM platform is a core system of record for them, with the expectation that it can be extended to deliver even more value,” said Roger Goulart, executive vice president, Alliances and Business Development. “We launched the Coupa App Marketplace as a significant evolution of our open platform, to make it even easier for customers to discover and connect solutions from our rich partner community to empower businesses to spend smarter.”

“The launch of the Coupa App Marketplace is a natural evolution for the business spend management company and represents the formalisation of a platform and ‘open cloud’ strategy that Salesforce and Google, among others, have made a central component of their value propositions,” said Jason Busch, founder of Spend Matters. “There are thousands of solution and content providers who would be thrilled to participate in an open ecosystem which allows them to work collaboratively and seamlessly with Coupa’s customers in procurement, finance and supply chain. If widely adopted, it will change the basis of competition in the market.”

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