Coupa Broadens Leadership with Major Global Deployment at NEC

  Coupa Broadens Leadership with Major Global Deployment at NEC

 NEC EMEA improves business responsiveness; Increases ‘control and management
                           of spend’ by 50 percent

Business Wire

LONDON -- October 8, 2013

Coupa Software, the leading provider of cloud-based applications for finance,
today announced that NEC Europe, a wholly owned subsidiary of NEC Corporation,
has successfully rolled out Coupa to its EMEA offices, enabling the company to
save time and support its cost optimization program through more effective use
of purchase orders.

NEC wanted to further improve its purchase order process and maximize employee
productivity with a simple-to-use solution that would drive user adoption, cut
costs and provide manager oversight into the process. After a thorough review
of other solutions on the market, NEC chose to invest in a Coupa cloud-based
solution.

Since deployment at the end of Q1 2013, the company has achieved up to 65
percent compliance with the purchase order process, meaning that more than 60
percent by value of its SGA spend is subject to purchase order control. The
initial rollout was completed in three months across 12 countries and is fully
integrated with SAP.

“Coupa has made our purchase order process far more efficient and has given us
a window into our spending that we never had before,” said Gavin Johnston,
vice president, finance & procurement, EMEA, NEC. “Coupa’s cloud-based
solution means our software is continually and seamlessly upgraded, and
everyone using it experiences the same exceptional performance and access to
features, such as Coupa analytics. Best of all, we anticipate substantial cost
savings in our requisitioning over time as we target full compliance.”

“NEC needed an environment that provided flexibility and capacity to grow
while meeting ever-changing business demands,” said Alex Kleiner, EMEA
regional vice president, Coupa. “The results that NEC has achieved so far are
great examples of Coupa’s intense focus on customer success. The company is
realizing greater visibility into their spend, significant cost savings, in
addition to business efficiencies, such as automating the process of
translating languages and currency rates across 31 countries.”

Coupa’s solution has been quickly adopted and well received by users in NEC
Europe’s purchasing departments. While the basic categories are in English,
users use local language descriptions and create purchase orders in the local
currency. Coupa’s solution translates the local currencies into Euros,
enabling NEC to conduct spend analysis in a common currency.

Coupa's One Vision world tour takes place September 10-November 7, 2013. For
more information on event locations and agendas, visit
get.coupa.com/onevision.html.

About Coupa Software

Founded in 2006, Coupa Software is the leading provider of cloud-based spend
optimization software. More than 300 customers in 40 countries  use the Coupa
suite of cloud applications to amplify their spend power and reduce spending
costs up to 11 percent. Only Coupa provides a suite of true cloud applications
for finance, including procurement, expense management and accounts payable
that enables customers to launch the solution immediately and quickly realize
significant savings. Learn more at: http://www.coupa.com  or call +1 (650)
931-3200. Read more at our company blog, Making Cents, or follow @Coupa on
Twitter.

Contact:

Grayling
Tom Carpenter, +1 415-442-4018
Tom.Carpenter@grayling.com