July 7, 2022

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Coupa Trade Spend Control for Federal Achieves FedRAMP Authorization

U.S. Executive Approval Opens New Alternatives to Spouse with Federal Companies, Boost up Price for Voters

SAN MATEO, Calif., March 14, 2022 /PRNewswire/ — Coupa Instrument (NASDAQ: COUP), a pacesetter in Trade Spend Control (BSM), has completed Reasonable Authorization from the Federal Possibility Authorization Control Program (FedRAMP).

Coupa Instrument (PRNewsfoto/Coupa Instrument)

This authorization underscores Coupa’s dedication to stringent safety and compliance requirements – now together with rigorous cybersecurity requirements established by way of the U.S. federal govt and Division of Protection for cloud resolution suppliers. With this designation, Coupa is now to be had at the FedRAMP Market, enabling each and every federal company to start the usage of Coupa’s all-in-one, cloud-based platform with this relied on layer of safety and compliance.

The U.S. Federal Reserve Gadget Board of Governors subsidized Coupa to obtain authorization from FedRAMP. The federal program supplies a standardized method for U.S. businesses and departments to deploy cloud products and services. It allows public-private partnerships to advertise innovation and the development of extra protected data applied sciences.

“We’re extremely excited to earn the FedRAMP Reasonable authorization and give you the option to extend the worth we offer for presidency businesses at each and every stage,” stated Jon Stueve, leader felony officer at Coupa. “To succeed in this milestone, we met greater than 300 exacting safety and compliance benchmarks. The outcome – Coupa is poised to assist govt businesses boost up their virtual transformation and scale their project, have an effect on, and luck.”

Executive businesses face continuously evolving complexity and expectancies. Budgets face extra scrutiny than ever. Missions are increasing at an improbable tempo. Because of this, businesses will have to try continuously to maximise the worth of each and every taxpayer greenback.

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“Greater than ever sooner than, holding believe with voters is on the middle of federal businesses’ paintings. Coupa provides businesses the insights and agility to ship on that believe in how they organize and spend each and every funds greenback,” stated Stueve. “With FedRAMP Reasonable Authorization, Coupa’s poised to supply businesses with a more practical, quicker, and extra clever technique to ship luck and worth for voters and stakeholders.”

As a cloud-based platform, Coupa unifies siloed back-office processes throughout provide chain, procurement, and finance so organizations can react briefly and optimistically to maximise the have an effect on of each and every greenback they spend. Coupa is helping greater than 2,500 organizations around the globe maximize the go back on their virtual transformations.

Be informed extra about how Coupa is helping serve the Public Sector at www.coupa.com/answers/industries/public-sector. To find Coupa within the FedRAMP Market right here.

Ahead-looking Statements

This free up accommodates forward-looking statements, together with the marketplace call for within the Federal sector for and acceptance of Coupa’s services and products, the consequences from use of Coupa’s services and products, and common enterprise stipulations, in particular inside the enterprise spend leadership business. Any forward-looking statements contained on this press free up are founded upon Coupa’s ancient efficiency and its present plans, estimates, and expectancies, and don’t seem to be a illustration that such plans, estimates, or expectancies shall be completed. Those forward-looking statements constitute Coupa’s expectancies as of the date of this press announcement. Next occasions would possibly motive those expectancies to modify, and Coupa disclaims any legal responsibility to replace the forward-looking statements one day. Those forward-looking statements are topic to identified and unknown dangers and uncertainties that can motive precise effects to vary materially.

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Those and different dangers and uncertainties that might impact Coupa’s long term effects are incorporated below the captions “Possibility Elements” and “Control’s Dialogue and Research of Monetary Situation and Result of Operations,” in Coupa’s quarterly record on Shape 10-Q filed with the Securities and Change Fee (SEC) on December 7, 2021, which is to be had at traders.coupa.com and at the SEC’s website online at www.sec.gov. Additional data on doable dangers that might impact precise effects shall be incorporated in different periodic filings Coupa makes with the SEC.

About Coupa Instrument
Coupa is the cloud-based Trade Spend Control (BSM) platform that unifies processes throughout provide chain, procurement, and finance purposes. Coupa empowers organizations around the globe to maximise worth and operationalize goal via their enterprise spend. To be told extra, talk over with coupa.com or practice us on LinkedIn and Twitter.

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SOURCE Coupa Instrument