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Freely Downloadable e-Procurement Solution Launches
Coupa aims to simplify purchasing, drive greater end-user adoption with eProcurement Express; open source app targeted at mid-market companies
Foster City, CA — April 9, 2007 — How much should a sophisticated e-procurement solution cost?
Not a dime, according to Coupa Software, which recently released what it is calling "the industry's first and only freely downloadable e-procurement solution."
Foster City, Calif.-based Coupa is positioning its Coupa eProcurement Express as a best-in-class procurement solution targeted specifically at mid-market businesses. The solution aims to combine best-in-class functionality for control of departmental and employee purchasing with simplicity — simple to acquire, install and maintain and simple enough to use that employees may actually prefer it for their business purchasing needs.
Coupa said that eProcurement Express — which had more than 3,600 downloads by the time it officially launched at the end of March — improves corporate purchasing by working the way employees do and offering the kind of user experience typically associated with consumer Internet sites. The resulting solution tackles the problems at the root of many e-procurement failures — employee resistance, noncompliance and non-adoption.
"For the first time ever, a purchasing tool is easier for employees to use rather than avoid, achieving the unfulfilled promise of e-procurement: increased savings and improved efficiency," the company said in announcing the solution, available for download now at www.coupa.com or http://sourceforge.net/projects/coupa.
Oracle Roots
Coupa eProcurement Express is an open source project, which means that third-party development teams can extend or customize it to suit their unique environments, while also sharing product extensions with the Coupa developer community.
Coupa was co-founded in 2006 by Oracle veterans Dave Stephens and Noah Eisner, who together built and grew Oracle's purchasing solution, popular among Fortune 1000 companies. Stephens, who led Oracle's purchasing applications group, spent nearly a decade building and refining its products, while Eisner pioneered the supplier collaboration field.
Not a dime, according to Coupa Software, which recently released what it is calling "the industry's first and only freely downloadable e-procurement solution."
Foster City, Calif.-based Coupa is positioning its Coupa eProcurement Express as a best-in-class procurement solution targeted specifically at mid-market businesses. The solution aims to combine best-in-class functionality for control of departmental and employee purchasing with simplicity — simple to acquire, install and maintain and simple enough to use that employees may actually prefer it for their business purchasing needs.
Coupa said that eProcurement Express — which had more than 3,600 downloads by the time it officially launched at the end of March — improves corporate purchasing by working the way employees do and offering the kind of user experience typically associated with consumer Internet sites. The resulting solution tackles the problems at the root of many e-procurement failures — employee resistance, noncompliance and non-adoption.
"For the first time ever, a purchasing tool is easier for employees to use rather than avoid, achieving the unfulfilled promise of e-procurement: increased savings and improved efficiency," the company said in announcing the solution, available for download now at www.coupa.com or http://sourceforge.net/projects/coupa.
Oracle Roots
Coupa eProcurement Express is an open source project, which means that third-party development teams can extend or customize it to suit their unique environments, while also sharing product extensions with the Coupa developer community.
Coupa was co-founded in 2006 by Oracle veterans Dave Stephens and Noah Eisner, who together built and grew Oracle's purchasing solution, popular among Fortune 1000 companies. Stephens, who led Oracle's purchasing applications group, spent nearly a decade building and refining its products, while Eisner pioneered the supplier collaboration field.
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