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Coupa Software Touts 2014 Successes

Wednesday, February 18, 2015 5:14:00 AM PDT | VentureDeal
   San Mateo, California  --  Spend management solution technology company Coupa Software finished 2014 with record growth, according to a company announcement.

Coupa's achievements included the following notable milestones:

- 100% increase in annual revenue for the sixth consecutive year

- 98% renewal rate for existing customers

- 2 million transactions per day

- $120 billion in spending through the company's platform

-  Greater than 99.99% uptime for the year

Coupa said that it is continuing to build out a full suite of globally compliant spend management applications.

Functional areas include procurement, sourcing, open business network, expense management, inventory and invoicing.

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