Completeness of vision includes the criteria: market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation and geographic strategy. The 2017 Gartner Magic Quadrant for Strategic Sourcing Application Suites evaluates the vendor on “completeness of vision” and “ability to execute.” A vendor’s ability to execute is based on an in-depth assessment of its product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience and operations. We’ve been impressed with both their rapid rate of innovation and how our voice in their customer product advisory boards has been respected,” said Javier Carnevali, chief procurement officer at Grupo Herdez. “We’re not surprised to see Coupa's debut in the Gartner report on Strategic Sourcing Suites. The company is focused on providing a unified cloud platform for B2B spend across invoicing, procurement, and travel and expense management as well as the strategic sourcing power applications surrounding those business processes. The capabilities acquired were not part of this Gartner evaluation.Ĭoupa is a Leader in the June 2016 Gartner Magic Quadrant for Procure-to-Pay Suites. In January of 2017, Coupa announced the acquisition of Spend360, a specialist in this strategic sourcing area. Gartner believes that Coupa met the report inclusion criteria in part because the company introduced two additional applications to its unified cloud platform in 2016 ( supplier information management in February 2016 and contract collaboration in May 2016). Four modules (spend analysis, e-sourcing, contract management and supply base management) were reviewed in Gartner’s report. The 2017 Gartner Magic Quadrant for Strategic Sourcing Suites report evaluated Coupa against 13 other vendors in this market for Coupa. Gartner first began evaluating and publishing assessments of this market in 2003.
has included Coupa in the February 2017 Gartner Magic Quadrant for Strategic Sourcing Suites. 16, 2017 (GLOBE NEWSWIRE) - Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced that Gartner, Inc.
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