“We’re excited to collaborate with OneStream to not only grow and scale their own BSM transformation, but to further enhance that experience for our joint customers.
“In the face of continued economic uncertainty, now is the time for organizations to digitize and optimize their financial processes so they’re better equipped to respond faster and more strategically to disruption,” said Mark Riggs, Chief Customer Officer at Coupa. “This collaboration furthers our strategy of expanding the value of CPM and the reach of our platform beyond finance and deeper into operations management.” Additionally, we will also be able to provide benefits to OneStream customers as they look to better integrate budgeting and planning with BSM,” said Bill Koefoed, Chief Financial Officer at OneStream. “We are excited about selecting Coupa’s platform and the capabilities it will provide OneStream to improve our spend management internally. In addition, OneStream’s committed spend solution will allow joint customers to align and integrate their budget, forecast and reporting processes with BSM, as well as manage outstanding commitments to proactively monitor actual and committed spending against budgets and forecasts. Additionally, OneStream will develop a committed spend analysis solution on the OneStream platform for shared customers.Ĭoupa will provide OneStream the ability to automate and streamline procurement processes while improving spend management on a platform that can scale with organizational growth. OneStream, a leader in corporate performance management (CPM) solutions for the world’s leading enterprises, today announced its collaboration with Coupa to streamline business spend management (BSM) within the organization.
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