Latest news with #Coupa
Yahoo
20-05-2025
- Business
- Yahoo
CrossCountry Consulting Awarded Coupa's North America Customer Success Partner of the Year
Coupa's Partner Connect Awards showcase incredible achievements, innovation, and growth MCLEAN, Va., May 20, 2025--(BUSINESS WIRE)--CrossCountry Consulting, a leading business advisory firm, announced today that they were awarded the Customer Success Partner of the Year - North America at the prestigious Inspire Partner Awards 2025, hosted by Coupa, the leader in AI-native total spend management. This recognition underscores the firm's commitment to excellence, innovation, and collaboration within the Coupa ecosystem. The annual Inspire Partner Awards recognizes and celebrates outstanding achievements and contributions made by partners across various categories. As a recipient of the Customer Success Partner of the Year award, CrossCountry Consulting has demonstrated exceptional dedication and expertise in delivering value to customers and driving impact through high-volume implementations, a rapidly scaling delivery team focused on the enterprise market, and strategic investments that expand opportunities with organizations. "I am so proud of our incredible team; it is a reflection of their hard work and dedication, whose innovation and expertise drive successful outcomes for Coupa implementations," said Harpreet Narula, CrossCountry's Coupa Practice Lead. "We are honored by this recognition and look forward to strengthening our partnership with Coupa as we continue to deliver measurable results for our clients through innovative spend management solutions." "We are thrilled to recognize CrossCountry Consulting as the winner of the Customer Success Partner of the Year - North America award at the Inspire Partner Awards 2025," said Greg Harbor, Chief Partner Officer at Coupa. "Their commitment to driving innovation and delivering exceptional results for our mutual customers, while helping businesses drive margin growth and future-proof their operations, reflects the true spirit of partnership that we value at Coupa. Together, we look forward to achieving Coupa's ambitious goals and driving success in the future." Since becoming a Coupa partner in 2014, CrossCountry has solidified its position as a leader in the field, consistently delivering exceptional results and setting new benchmarks for excellence. With over 150 trained and certified Coupa consultants, a portfolio of over 750 successful deployments, and project management expertise to help clients successfully optimize their Procure-to-Pay (P2P) transformation, the firm has developed proven engagement methodology to guide their global client base toward process efficiencies and strategic value through Coupa's core modules and power applications. Additionally, CrossCountry was awarded Coupa's North America Regional Partner of the Year in 2024. Learn more about CrossCountry Consulting's Coupa practice. About CrossCountry Consulting CrossCountry Consulting is a leading provider of specialized finance, operations, and technology advisory services. As a trusted advisor to Fortune 500 companies, emerging growth market leaders, and private equity sponsors, the firm solves today's most pressing challenges and creates present and future enterprise value through accounting and risk, technology-enabled transformation, and transaction solutions. Headquartered in Washington, D.C., CrossCountry has employees across the United States and in strategic international locations. With an unwavering commitment to providing a better experience, they are regularly recognized as a best place to work. Learn more at View source version on Contacts Media Contact: Lea Hutchinslhutchins@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
20-05-2025
- Business
- Associated Press
CrossCountry Consulting Awarded Coupa's North America Customer Success Partner of the Year
MCLEAN, Va.--(BUSINESS WIRE)--May 20, 2025-- CrossCountry Consulting, a leading business advisory firm, announced today that they were awarded the Customer Success Partner of the Year - North America at the prestigious Inspire Partner Awards 2025, hosted by Coupa, the leader in AI-native total spend management. This recognition underscores the firm's commitment to excellence, innovation, and collaboration within the Coupa ecosystem. The annual Inspire Partner Awards recognizes and celebrates outstanding achievements and contributions made by partners across various categories. As a recipient of the Customer Success Partner of the Year award, CrossCountry Consulting has demonstrated exceptional dedication and expertise in delivering value to customers and driving impact through high-volume implementations, a rapidly scaling delivery team focused on the enterprise market, and strategic investments that expand opportunities with organizations. 'I am so proud of our incredible team; it is a reflection of their hard work and dedication, whose innovation and expertise drive successful outcomes for Coupa implementations,' said Harpreet Narula, CrossCountry's Coupa Practice Lead. 'We are honored by this recognition and look forward to strengthening our partnership with Coupa as we continue to deliver measurable results for our clients through innovative spend management solutions.' 'We are thrilled to recognize CrossCountry Consulting as the winner of the Customer Success Partner of the Year - North America award at the Inspire Partner Awards 2025,' said Greg Harbor, Chief Partner Officer at Coupa. 'Their commitment to driving innovation and delivering exceptional results for our mutual customers, while helping businesses drive margin growth and future-proof their operations, reflects the true spirit of partnership that we value at Coupa. Together, we look forward to achieving Coupa's ambitious goals and driving success in the future.' Since becoming a Coupa partner in 2014, CrossCountry has solidified its position as a leader in the field, consistently delivering exceptional results and setting new benchmarks for excellence. With over 150 trained and certified Coupa consultants, a portfolio of over 750 successful deployments, and project management expertise to help clients successfully optimize their Procure-to-Pay (P2P) transformation, the firm has developed proven engagement methodology to guide their global client base toward process efficiencies and strategic value through Coupa's core modules and power applications. Additionally, CrossCountry was awarded Coupa's North America Regional Partner of the Year in 2024. Learn more about CrossCountry Consulting's Coupa practice. About CrossCountry ConsultingView source version on CONTACT: Media Contact: Lea Hutchins [email protected] KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA INDUSTRY KEYWORD: PROFESSIONAL SERVICES BUSINESS FINANCE CONSULTING BANKING ACCOUNTING SOURCE: CrossCountry Consulting Copyright Business Wire 2025. PUB: 05/20/2025 09:36 AM/DISC: 05/20/2025 09:35 AM
Business Wire
20-05-2025
- Business
- Business Wire
CrossCountry Consulting Awarded Coupa's North America Customer Success Partner of the Year
MCLEAN, Va.--(BUSINESS WIRE)--CrossCountry Consulting, a leading business advisory firm, announced today that they were awarded the Customer Success Partner of the Year - North America at the prestigious Inspire Partner Awards 2025, hosted by Coupa, the leader in AI-native total spend management. This recognition underscores the firm's commitment to excellence, innovation, and collaboration within the Coupa ecosystem. Since becoming a Coupa partner in 2014, CrossCountry has solidified its position as a leader in the field, consistently delivering exceptional results and setting new benchmarks for excellence. Share The annual Inspire Partner Awards recognizes and celebrates outstanding achievements and contributions made by partners across various categories. As a recipient of the Customer Success Partner of the Year award, CrossCountry Consulting has demonstrated exceptional dedication and expertise in delivering value to customers and driving impact through high-volume implementations, a rapidly scaling delivery team focused on the enterprise market, and strategic investments that expand opportunities with organizations. 'I am so proud of our incredible team; it is a reflection of their hard work and dedication, whose innovation and expertise drive successful outcomes for Coupa implementations,' said Harpreet Narula, CrossCountry's Coupa Practice Lead. 'We are honored by this recognition and look forward to strengthening our partnership with Coupa as we continue to deliver measurable results for our clients through innovative spend management solutions.' "We are thrilled to recognize CrossCountry Consulting as the winner of the Customer Success Partner of the Year - North America award at the Inspire Partner Awards 2025," said Greg Harbor, Chief Partner Officer at Coupa. "Their commitment to driving innovation and delivering exceptional results for our mutual customers, while helping businesses drive margin growth and future-proof their operations, reflects the true spirit of partnership that we value at Coupa. Together, we look forward to achieving Coupa's ambitious goals and driving success in the future." Since becoming a Coupa partner in 2014, CrossCountry has solidified its position as a leader in the field, consistently delivering exceptional results and setting new benchmarks for excellence. With over 150 trained and certified Coupa consultants, a portfolio of over 750 successful deployments, and project management expertise to help clients successfully optimize their Procure-to-Pay (P2P) transformation, the firm has developed proven engagement methodology to guide their global client base toward process efficiencies and strategic value through Coupa's core modules and power applications. Additionally, CrossCountry was awarded Coupa's North America Regional Partner of the Year in 2024. Learn more about CrossCountry Consulting's Coupa practice. About CrossCountry Consulting CrossCountry Consulting is a leading provider of specialized finance, operations, and technology advisory services. As a trusted advisor to Fortune 500 companies, emerging growth market leaders, and private equity sponsors, the firm solves today's most pressing challenges and creates present and future enterprise value through accounting and risk, technology-enabled transformation, and transaction solutions. Headquartered in Washington, D.C., CrossCountry has employees across the United States and in strategic international locations. With an unwavering commitment to providing a better experience, they are regularly recognized as a best place to work. Learn more at
Yahoo
19-05-2025
- Business
- Yahoo
Coupa Research Shows CFOs Embrace AI as Antidote to Economic Volatility and Growth Enabler
Third annual Strategic CFO Study finds 40% of CFOs rank AI as top growth investment area; 90% look to mastering spend management as key to success in tumultuous times FOSTER CITY, Calif., May 19, 2025 /PRNewswire/ -- Amidst global economic uncertainty, rising inflation, and volatile trade, AI investment ranked as the top strategy for growth across all global CFOs surveyed by Coupa – a potential panacea to the volatility they are facing. The Strategic CFO Report: Turning Global Market Uncertainty into Opportunity, released today by Coupa, the leading AI-native total spend management platform, reveals that almost half (46%) of CFOs see prominent external threats – geopolitics and supply chain disruption – as the greatest risk to business, dampening optimism from the start of 2025. Most notably, the introduction of new tariffs has created an additional challenge for 42% of CFOs, with more than a quarter (28%) of US CFOs planning to or already increasing inventory levels in preparation. "Today's finance leaders are facing an alarming set of external pressures and are navigating an ever changing set of risks which challenges their decision making. Despite these dynamic forces, they are driving cost discipline in order to fuel growth, building more resilient supply chains, and scaling their use of AI to fuel more efficient organizations," said Michael Agresta, Coupa's CFO. "A unified spend management platform and strategy is proving to be mission-critical in these times to create the agility, visibility, and resilience leaders need to fuel sustainable growth. Coupa's AI-driven total spend management platform is uniquely built to help our customers navigate uncertainty, and offers CFOs the cloud and AI-native tools to drive margin improvements in any economic environment, making it a critical component for a strategic CFO's tech stack." Tariffs Spur Margin Erosion ConcernsWith 69% of CFOs concerned about meeting year-end goals, and 40% reporting extreme concern, it's clear that much of the financial optimism at the start of the year has dissipated. Most recently, new tariffs and the fear of global trade wars have driven CFOs to act urgently – including increasing inventory levels (22%), automating processes to reduce operating expenses (21%), engaging in hedging strategies (19%), increasing product pricing (19%), and restructuring supply chain (18%). When surveyed on the greatest external threats to business, U.S. CFOs reported slightly lower concern levels (40%) on tariffs compared to their European counterparts, with German CFOs (48%) indicating the highest concern of all countries surveyed. CFOs Looking to AI to Fuel Growth and ConfidenceDespite the uncertain state of the economy, CFOs are asking themselves how best to respond. For today's finance leaders, this means not over-reacting to every market fluctuation and instead providing thoughtful and inspired leadership – moving away from short-term fixes and prioritizing durable, sustainable growth strategies. A majority (74%) of CFOs are growing increasingly confident in AI, ranking it as the top growth investment area (40% of all CFOs) and AI implementation confidence concerns dropped 23% year-over-year. "CFOs, including myself, are increasingly championing AI use within their organizations, but to do so effectively they must create a governance structure that is capable of quantifying the performance and financial benefits of AI. Nearly a quarter (23%) of CFOs we surveyed identified this as one of the major obstacles they will face in the next year," said Agresta. "Beyond the numbers, CFOs need to strategically consider how to prioritize the deployment of new AI strategies and tools across their organizations to identify the highest value use cases but also need to empower employees to think AI first in order to get enterprise-wide adoption." Drowning in Data, Struggling in SilosIn case the state of the economy and trade turmoil wasn't challenging enough, risk management continues to increase organizational complexity, as 1 in 4 CFOs cited cybersecurity threats, data breaches, and fraud as the largest obstacle they will face this year. CFOs have immense amounts of data at their fingertips – but only 28% of CFOs can access their spend data within a single system and nearly half (41%) struggle to react quickly to cut costs as part of this roadblock. Some organizations are modernizing their data management, but few (33%) have unified processes to manage spend comprehensively. Nearly 1 in 5 CFOs cited outdated systems and data silos as the main hurdles to digital transformation, highlighting the need for increased modern tech adoption to effectively manage data and decrease risk. Read the full Coupa Clarity Report, The Strategic CFO: Turning Global Market Uncertainty into Opportunity here. To learn more about Coupa's leading total spend management platform can help during these turbulent times, visit MethodologyCoupa Clarity reports provide unique data and insights to help business leaders make smarter decisions to fuel growth, drive efficiency and productivity, and improve performance. This survey was conducted among 500 CFOs and finance leaders across the US, UK, Ireland, France and Germany. The survey was carried out online with an email invitation between November and December 2024 by Wakefield Research on behalf of Coupa. About CoupaCoupa is the leader in AI-native total spend management. Using its trusted, community-generated, $8 trillion dataset, Coupa brings autonomous AI agents, a network of 10M+ buyers and suppliers, and leading apps together on one unified platform to seamlessly automate the buying process and connect to customers in a whole new way. With Coupa, you'll make margins multiply™. Learn more at and follow us on LinkedIn and X (Twitter). View original content to download multimedia: SOURCE Coupa Software Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Coupa Acquires Cirtuo, Leader in AI-Powered Category Management
Cirtuo's technology will unlock the full potential of AI-powered category management and sourcing, accelerating Coupa's autonomous spend management vision and roadmap FOSTER CITY, Calif., May 13, 2025 /PRNewswire/ -- Coupa, the leader in AI-native total spend management, today announced it has acquired Croatia-based Cirtuo, an industry leader in AI-powered category management. This strategic investment accelerates Coupa's autonomous spend management vision and underscores Coupa's commitment to developing AI-powered solutions that improve productivity, agility, and resilience while delivering margin impact. Category managers are under mounting pressure to align procurement strategies and initiatives with enterprise priorities such as sustainability, risk mitigation, and innovation. Recognizing the widening gap between strategic planning and tactical buying, organizations are turning to AI-enabled solutions to bridge productivity and efficiency gaps. By integrating Cirtuo's AI-enabled category management capabilities with Coupa's leading Total Spend Management platform, Coupa is set to deliver a comprehensive solution that seamlessly translates robust, data-driven strategies into sourcing pipelines, supplier actions, and savings realization. This includes supporting the full supplier strategy lifecycle, from strategy planning, to execution, to monitoring, all within a unified system. These new capabilities will help procurement stakeholders not only drive cost reduction and cost avoidance, but extend to deliver a deeper understanding of business needs. "Transforming the end-to-end procurement process requires reimagining technology's role. We're investing heavily in GenAI to automate routine tasks, enhance strategic decision-making, and bring autonomous procurement to market," said Salvatore Lombardo, Coupa Chief Product and Technology Officer. "With the acquisition of Cirtuo, we strengthen our AI-native solutions and fill a critical gap in Coupa's Strategic Sourcing Suite. This allows us to deliver a comprehensive category management solution where customers can create margin impact, especially in direct spend categories, by integrating analysis, strategy, and execution in one place." "Cirtuo empowers procurement teams to build AI-guided, insight-driven strategies that align with business priorities and flow directly into tactical activities resulting in seamless, closed-loop procurement processes," said Drasko Jelavic, Cirtuo CEO. "We're excited to join Coupa as businesses embrace digital transformation in the AI era." Making Category Strategies Actionable Cirtuo's market leading category management solution continues to be recognized for its pioneering technology by procurement practitioners, technology experts, and customers. Key solutions include: Guided Category Strategy: Guides users with an interview-style approach to craft holistic category strategies without robust training enabling in-depth spend analysis and actionable insights for data-driven category management. Guided Supplier Strategy: Leverage supplier relationships by connecting the dots between category and supplier strategies. Develop strategies that align seamlessly with business requirements and extend the focus on relationship metrics. Initiative Management & Value Tracking: Manage your strategic savings, supplier, and risk mitigation initiatives end-to-end with clearly defined tasks, owners, milestones, and timelines to easily demonstrate impact on savings and value tracking. As a leader in AI-powered category management, Cirtuo has helped some of the world's biggest and best global brands create real business impact, including Ball Corporation, Molson Coors, Johnson & Johnson, Novartis, Utz Brands, Walmart, and more. Customers are saying: "Cirtuo greatly enhances the category strategies that we're developing. Cirtuo follows best practices and helps us to be more strategic and get us out of the tactical execution that we are stuck in. It's easy to use. It's a no-brainer." - Michael DeWitt, VP of Indirect Spend Management & Center of Excellence, Walmart "The digitization of category management is a required and necessary journey. Through Cirtuo Guided Strategy Creation, integrated market intelligence and AI, Cirtuo makes it faster and easier." - Stephane Morel, Procurement Director, ex-Novartis "By providing proof-of-impact to BT and capturing the pay-for-performance element of BT Sourced's total compensation, Cirtuo enables our procurement team to develop high-quality category strategies that generate savings and present new opportunities." - Cyril Pourrat, Chief Procurement Officer, BT Sourced Attendees at Coupa's flagship annual event, Inspire, will have a chance to learn more about the power of combining Coupa and Cirtuo from Cirtuo's CEO Drasko Jelavic at a dedicated breakout session and in the Expo Hall. Learn more about and Learn more about how you can master spend and cost management without sacrificing growth. Kaizen Equity Partners served as financial advisor to Cirtuo. Kirkland & Ellis and Wolf Theiss served as legal counsel to Coupa. About CoupaCoupa is the leader in AI-native total spend management. Using its trusted, community-generated, $8 trillion dataset, Coupa brings autonomous AI agents, a network of 10M+ buyers and suppliers, and leading apps together on one unified platform to seamlessly automate the buying process and connect to customers in a whole new way. With Coupa, you'll make margins multiply™. Learn more at and follow us on LinkedIn and X (Twitter). About CirtuoCirtuo is the pioneer in digital category management and strategy creation. Based on the original consulting blueprint for category management and refined in countless client workshops, Cirtuo distills the insights from hundreds of category strategies across global and local procurement organizations and spend categories into one digital consultant: Cirtuo Guided Strategy Creation™ Pro. Cirtuo supports over 5,000 category managers of leading national and multinational companies like Siemens Energy, Boeing, Walmart, Novartis, Molson Coors, or British Telecom across industries and 40+ countries in creating business-centric and actionable category and supplier strategies that deliver unparalleled impact and value. View original content to download multimedia: SOURCE Coupa Software Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
