The fastest-growing of the next generation of spend management vendors, Coupa has always led on bringing ease-of-use to business procurement. Once these teething issues have been resolved, automation of the sourcing and spend management process will step up to an entirely new level of innovation, which will likely have repercussions across other application stacks they'll link into, such as HR and revenue management.Ĭoupa. This form of online sourcing is still in its early stages of evolution, as it irons out the intricacies of automated reputation rating and price setting, while guarding against the constant attempts of participants to game each platform for short-term profit. Today, the cloud is further transforming the nature of sourcing itself, enabling new crowdsourcing strategies in which prospective suppliers - not only of goods but increasingly also of intellectual labor and professional services - compete in a global marketplace on a contract-by-contract (or even microtask) basis. In the process of adapting to this connected, always-on, and now increasingly mobile environment, they have moved further and faster than most other categories of enterprise software vendor. ![]() They knew that the only way to tap into the sourcing and spending patterns that were evolving as the world went online was to become cloud-native.
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