Coupa Software Incorporated Provides Earnings Guidance for the Second Quarter and Full Year Fiscal 2023

Coupa Software Inc. is a provider of business spend management (BSM) solutions. The Company offers cloud-based BSM platform that has connected its customers with suppliers globally. It provides visibility into and control over how companies spend money, optimize supply chains, and manage liquidity. The Company's BSM platform delivers a range of capabilities that would typically require the purchase and use of multiple disparate point applications. The core of its platform consists of procurement, invoicing, expense management, and payment modules that form the transactional engine for managing a company's business spend. The Company provide purchasing programs, such as Coupa Advantage, which offers access to pre-negotiated discounts from various suppliers, and Source Together, which connects community members to engage in group sourcing events, allowing them to leverage pooled buying power to achieve contracting terms and capture savings.