Coupa Software Wins a Technology Excellence Award for P2P Automation

PayStream Advisors Recognized Leading Cloud Spend Management Solution at the 2011 PayStream Summit

San Mateo, Calif. - Coupa Software, the leading provider of disruptive and innovative cloud spend management (CSM) solutions, today announced the Company has been selected by PayStream Advisors as a Technology Excellence Award winner for Innovation in Purchase to Pay Automation. Announced each year at the PayStream Summit, the Technology Excellence Awards recognize organizations who have demonstrated excellence and innovation in purchase to pay automation. The 2011 PayStream Summit represents the first time innovative technology solutions were recognized for the Awards.

Coupa's cloud spend management solutions enable companies to effectively manage spend and generate savings that contribute directly to the bottom line. Regardless if that spend originates with a requisition, an invoice, or a reimbursable expense, Coupa's easy-to-use interface automates the P2P process and streamlines how employees manage and spend company money.

"At Coupa we strive to simplify the P2P process with our innovative, easy-to-use platform," said Rob Bernshteyn, CEO, Coupa. "It is an honor to have our solution recognized for the benefits it brings our customers at a leading industry event, and this award validates our continued effort to offer our customers a best-in-class solution that delivers measurable results."

"PayStream Advisors and our Advisory Board created the Technology Excellence Awards to honor those companies who are providing industry leading innovations. Coupa has figured out how to deliver an elegant solution in a very complex environment." said Henry Ijams, Managing Director and Founder, PayStream Advisors. "We are proud to present Coupa with this award."

Coupa was also recently selected by TMC as a 2011 TMC Labs Innovation Award winner.

About Coupa Software
Coupa is the leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa Cloud Spend Management delivers an easy to use, fast to deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. For more information please visit, www.coupa.com or call 650.931.3201. Read more at our company blog, the Coupa Cabana, or follow @Coupa on Twitter.