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Coupa and TripActions Announce Strategic Partnership to Deliver Seamless Travel and Expense Management

(July 17, 2017)


BOSTON, July 17, 2017 (GLOBE NEWSWIRE) -- Coupa Software (NASDAQ:COUP), a global leader in cloud-based spend management, and TripActions, an innovative end-to-end corporate travel solution, are announcing a strategic partnership to help deliver a more seamless travel and expense management experience. Modern organizations with managed travel programs can now take advantage of the integration between these two premier solutions.

The product integration between Coupa and TripActions enables business travelers to book their travel in TripActions and access an automatically-generated expense report in Coupa for their trips, resulting in a delightful experience that saves travelers time and provides organizations a complete solution for capturing and optimizing their travel investment.

?Coupa and TripActions share similar DNA our two companies care deeply about helping individuals and organizations optimize their spend while delivering an intelligent, delightful experience to modern business travelers, said Sunny Manivannan, general manager of Coupa Expenses. ?We are thrilled to work with TripActions to help ensure the success of our customers.

?TripActions is transforming the business traveler experience by empowering employees to travel on their own terms. We give travelers the power of choice and use behavioral economics to incentivize them with personal rewards, ultimately generating significant savings for companies, said Ariel Cohen, CEO of TripActions. ?Our collaboration with Coupa combines our innovative, rewards-based online travel solution with Coupas user-centric expense and spend management offering. When employees are motivated to save their organizations money, and employers get complete visibility into all spend, everyone wins.

About Coupa Software

Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver ?Value as a Service by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability.  Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally.  The Coupa platform provides greater visibility into and control over how companies spend money. Customers small, medium and large have used the Coupa platform to bring billions of dollars in cumulative spend under management.  Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.

About TripActionsTripActions is a travel startup that is changing the way companies and employees approach business travel. TripActions provides a mobile-first, end-to-end business travel solution that offers customers a 24/7 proactive support solution and a robust collection of consumer, direct and corporate inventories for flights, accommodations, cars and more. With TripActions, employees can travel on their own terms, earning loyalty points and rewards for personal use by spending cost consciously. Customers gain full visibility into their cost savings and travel program. Headquartered in Palo Alto, CA, TripActions is backed by Oren Zeev, Lightspeed Venture Partners and SGVC. Learn more at www.tripactions.com and on the TripActions blog.

CONTACT: MEDIA CONTACTOrlando DeBruceCoupa, Public RelationsOrlando.DeBruce@coupa.comSamantha QuallsCutler PRpress@tripactions.com

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