Buyers and suppliers are leveraging billions of dollars in efficiencies using Coupa to drive new
levels of business and margin growth
FOSTER CITY, Calif. , March 10, 2025 /PRNewswire/ -- Amid a constantly challenging macroeconomic environment, Coupa continued to accelerate its innovation, scale, and focus on profitable growth. For its FY25 fiscal year ending January 31, Coupa grew its YOY bookings by double digits and ended the year with a combination of growth and profit margin that well exceeds the "rule of 40."
"The past year was a tremendously transformative one for Coupa. We painted a vision for the future to build a two-sided network that drives the future of trade and opens up a massive addressable market for our company. This network effect brings real benefits to our global supplier and buyer community, transforming how they operate to drive increased margins and growth. Our year ahead will be fueled by product and customer experience investments to help Coupa scale our execution and innovation," said Leagh Turner, Coupa CEO.
Businesses that run on Coupa have realized more than $240 billion in efficiency and cost savings to-date, and more than $18 billion savings in the fiscal fourth quarter alone. With more than $1.5 trillion in spend transactions happening on Coupa for the fiscal year, global businesses are benefiting from a data moat of $7 trillion+ in economic spend data that fuels Coupa AI and enables them to make more profitable business decisions.
"Coupa sits at the center of global trade at a time of rapid change and opportunity. We power a global network where 10 million buyers and suppliers collaborate effortlessly and transact autonomously," continued Turner. "Combining the power of Agentic AI and our unmatched dataset, we help businesses optimize their cash and spend more intelligently every minute, future-proofing their operations and de-risking their supply chains for whatever changes or disruptions may come."
"Adopting Coupa's platform has enabled our procurement, sourcing, and finance teams to be more digital and efficient in the way we do business. We've transformed how we source, buy, and process invoices completely, autonomizing much of the manual work our teams were previously bogged down with, allowing them now to focus on more strategic projects for the business like building supplier relationships and ensuring compliance," said Ben Criddle Group Manager Procurement at PACT Group, a global circular economy leader and provider of packaging and recycling solutions. Learn more about how PACT Group drives productivity and efficiency here.
Coupa community highlights for the fourth fiscal quarter include:
- 320+ global businesses initiated or expanded their partnership with Coupa in Q4 and over 1,450 for the full fiscal year. New wins for the quarter include the County of San Mateo, Centric Software, Chargebee, Del Monte, Ramsay Health Care, REHAU Automotive, Pall Corporation, Pharming Group N.V., Zymeworks, and more.
- 100+ new features and agentic AI innovations were launched to help organizations increase operational efficiency, improve supplier collaboration and engagement, and make smarter, faster, and more agile business decisions.
- Amazon Business joined the Coupa Advantage marketplace, providing buyers with major discounts on thousands of highly used products from trusted suppliers.
- Coupa's AI-native total spend management platform continues to be recognized across the industry for its adaptability, flexibility, and ability to protect business continuity and improve bottom-lines.
- 200+ patents have been issued or are pending for Coupa, underscoring its commitment to innovating at an accelerated pace and driving transformations that result in tangible business value.
- 54,000+ hours were spent on professional development across Coupa's global employee base, demonstrating their dedication to learning, growth, and ambition.
Hear more about Coupa's vision, product strategy and roadmap at Inspire 2025 on May 12-15 at the Aria in Las Vegas. Keynote and breakout session speakers include CEO Leagh Turner, CPTO Salva Lombardo, and senior executives from AON, BMO, The Raiders, HF Sinclair, Uber, Snyk, Synchrony Financial, and more. See the full agenda here and take advantage of early bird pricing and register before March 11.
Check out our Inspire World Tour locations around the globe.
About Coupa
Coupa makes margins multiply through its community-generated AI and industry leading total spend management platform for businesses large and small. Coupa AI is informed by trillions of dollars of direct and indirect spend data across a global network of 10M+ buyers and suppliers. We empower you with the ability to predict, prescribe, and automate smarter, more profitable business decisions to improve operating margins. Coupa is the margin multiplier company™. Learn more at coupa.com and follow us on LinkedIn and X (Twitter).
View original content to download multimedia: https://www.prnewswire.com/news-releases/global-trade-complexities-fuel-growth-for-coupas-ai-native-total-spend-management-platform-302396407.html
SOURCE Coupa Software
