Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced it has been recognised by Gartner, Inc. as a Vendor to Watch in a report titled “Market Opportunity Map: Enterprise Resource Planning, Worldwide.”Coupa was one of only five vendors named as a mega-vendor and emerging Enterprise Resource Planning (ERP) provider.
Coupa complements ERP systems such as SAP, Oracle, NetSuite, Great Plains and others to provide organisations with the measurable value. A natively integrated spend management suite that can integrate easily to ERP systems, Coupa delivers a unified user and supplier experience. The platform connects business processes across areas such as sourcing, contract management, invoicing and spend analytics to deliver quantifiable results.
“We transform the value that organisations get, in part, by enhancing their return on their ERP investment,” said Raja Hammoud, vice president of product management and product marketing at Coupa. “We see our inclusion in this report as recognition of our cloud platform’s ability to extend core ERP financials.”
The Gartner Market Opportunity Map report concludes that ERP is a market in transition as traditional and cloud-based specialist providers chase the same set of profitable growth opportunities. This report helps ERP technology business unit leaders identify their best opportunities and bets for growth.