Coupa

Coupa And Its Community Want To Defend Your Spend

[CLARIFICATIONS, May 18: Adding details for this article, a spokesperson indicated that Coupa already “prescribes” travel sourcing opportunities. What’s yet to come is the automatic creation of sourcing events: “Today, our Travel Insights will recommend sourcing opportunities with a supplier. What the team is envisioning for the future is where silos are removed between the…

CWT Will Move Clients Off Coupa Product To New Price Assurance Tools

CWT is testing with some clients new airfare and hotel price assurance systems using homegrown and third-party technology. CWT gets its current reshopping solutions from the former Yapta, which Coupa acquired more than two years ago for just shy of $100 million. Coupa in July said it decided to end relationships with some travel management…

Claiming Dramatic Growth, Ramp Builds Travel Management Lite

Not yet three years old, New York-based Ramp Business Corporation last month confirmed new financing of $750 million at a valuation of $8.1 billion. It announced that more than 5,000 businesses were on its platform, which “is powering over $5 billion of annualized payments volume.” It’s a tech firm that offers payments rather than a…

JPMorgan Chase To Buy Frosch

JPMorgan Chase agreed to acquire Frosch, a large travel agency with a mix of corporate business, independent contractors and technology, according to a Wednesday report in The Beat.  Frosch officials declined to comment on the report, which cited an internal memo, but redirected an inquiry to a spokesperson for JPMorgan Chase. The official had not…

Coupa Picks Travel Leaders Corporate For New Booking Tool Attached To Expense Tech

Business spend management firm Coupa Software planned Tuesday to unveil a new travel solution, integrated with its existing expense software and backed by Travel Leaders Corporate for fulfillment, support and preferred rates. Coupa is open to partnerships with other travel management companies to meet client needs.  Based largely on technology from recent acquisitions, the new…

Now Focused On Expense, SalesTrip Sticks With Salesforce Play

Sales trips may not really be happening yet, but SalesTrip is still kicking. Like some other business travel startups, it refocused on expense management after the pandemic smashed travel bookings. Unlike some others that were acquired, it shrank and kept at it.  The formerly 24-person company is so much slimmer that a request last month…

With Pana Out Of The Picture, Some TMCs See Non-Employee Travel As A Discrete Revenue Line

Arranging and purchasing travel for guests, interns, recruits and other non-employees is perceived by some to be challenging enough that focusing on it helped the entrepreneurs at Pana build a company interesting enough to be acquired. Spend management firm Coupa had other reasons to pay $48.5 million plus stock for Pana, and some customers now are…

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