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Three new offices in the region develop a call for the management of commercial expenses
SAN MATEO, Calif. , July 12, 2022 /PRNewswire/ — Coupa Software (NASDAQ: COUP), a leader in expense control (BSM), announced the opening of 3 new offices this month in Latin America: Mexico City, São Paulo and Bogotá, the company’s first offices in the region.
The new offices will be located in the main cities of Brazil, Mexico and Colombia, the 3 largest countries in Latin America (LATAM) in terms of population and whose percentage is one of the highest GDPs in the region. The new offices are based on Coupa’s investment and momentum in the LATAM market and will allow Coupa to have a greater impact on workers and customers.
“Our expansion in Latin America is exciting. We are excited to provide those new spaces for our Coupa network to collaborate and grow,” said Mark Riggs, Coupa’s Chief Customer Officer. “We have noticed a massive replacement in the region: companies are in a position to transform. They are in a position to leverage business expense control to break old ties and succeed in new degrees of success, adapting more successfully and specifically. “
Technological advances have driven upd, especially in the wake of COVID-19, as corporations have been forced to push digitalization, and there is a huge expansion opportunity for Coupa in the market. Especially as large-scale disruptions and geopolitical tensions continue, many corporations are comparing the possibility of bringing their supply chains and operations closer to home.
Companies around the world and Latin America continue to face uncertainty with inflation, market challenges, supply chain disruptions, and the developing focus on supply chain growth, sustainability, and good fortune adding more pressure. Coupa’s unified BSM platform enables corporations to offer the maximum price to each and every stakeholder.
Clients such as Agrosavia, Grupo Bios, Grupo Cementos de Chihuahua SAB de CV, Coppel, Grupo Herdez, Pernod Ricard and Tecnológico de Monterrey are evidence of the call in development for a unified BSM platform in LATAM.
For example, Grupo Herdez, one of the leading food corporations in Mexico that distributes some 500 food and beverage products. The company turned to Coupa to succeed on legacy processes and minimize operational disruptions.
“With Coupa and Community. ai we were able to stay agile and temporarily recover from unforeseen events, which allowed us to maintain our operations without interruption,” said Javier Vicente Carnevali Penella, Purchasing Director of Grupo Herdez. “We are thrilled to see Coupa expand its presence in Latin America and look forward to seeing what the expansion of coupa’s network will bring to us all. “
Coupa will also open one in Johannesburg this month and recently opened doors in Dubai last January.
With a giant and enthusiastic young professional, Coupa is pleased to expand its shiny new minds that are motivated and aligned with our core values. Coupa continues to rent in the region to meet the growing demand for BSM.
Learn about Coupa’s presence in Latin America here.
About Coupa software
Coupa gives companies around the world visibility and they want to make smarter spending decisions. To learn more about how Coupa can help you spend smarter, stop at www. coupa. com. For more information, check out Coupa’s blog or join @Coupa on Twitter.
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Source Coupa Software