Telenor Selects Business Spend Management Leader Coupa to Power Global Procure-to-Pay Initiative

Coupa will enable global telco to streamline policy-compliant purchasing 

Coupa Software (NASDAQ: COUP), a leader in business spend management (BSM), today announced that Telenor, one of theworld’s largest telecommunications companies, has selected Coupa to transform its global procurement capability and drive efficiencies across its 25,000 employees. Global service provider KPMG will support the deployment.

“Telenor is embarking on the beginning of its digital transformation journey to among other things, digitalize and simplify its internal processes,” said Jon OmundRevhaug, CEO, Telenor Procurement Company. “We are excited to have Coupa and KPMG as our partners in this journey because of their innovation and strong subject matter expertise, which promise an effective outcome.”

The telecommunications leader will first deploy a pilot to employees in Denmark and Singapore before embarking on a rollout for Telenor’s Business Units in Norway, Sweden, and across Asia. The project will simplify policy-compliant purchasing for Telenor’s 25,000 employees who in turn service Telenor’s 178 million customers around the world.

“Standardising and streamlining procure-to-pay processes across Telenor’s diverse businesses across Europe and Asia required a solution that could be rapidly deployed and easily configured in the cloud,” said Revhaug.

WANT TO BUILD A FINANCIAL EMPIRE?

Subscribe to the Global Banking & Finance Review Newsletter for FREE
Get Access to Exclusive Reports to Save Time & Money

By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.
All emails include an unsubscribe link. You may opt-out at any time. See our privacy policy.

“We are delighted to work with Telenor on this project to help drive increased visibility into the company’s BSM processes,” said Mark Riggs, chief customer officer, Coupa. “Telenor needed a modern, agile cloud platform and a deployment approach squarely focused on its desired business outcomes. We are thrilled that Telenor selected Coupa and KPMG to be a key part of its transformation.”

Coupa and KPMG were selected by Telenor after an extensive evaluation of potential solutions.