G-Quotes Extends Coupa’s BSM Platform and Increases Purchasing Automation by Digitising the Quote-to-Order Process
LONDON, November 5, 2019 — ProProcure proudly announced today that it has teamed with Coupa Software (NASDAQ:COUP), a leader in Business Spend Management (BSM), to offer G-Quotes, an online quote-building tool for services suppliers, which enables enterprises to automate the creation of purchase orders from quotations. Coupa certified G-Quotes for use within its BSM platform, a cloud-based platform that helps customers control business spend, achieve significant cost savings, and drive profitability.
G-Quotes bridges the gap between the e-commerce needs of suppliers and the enterprise’s growing demand to improve operational efficiencies by increasing automation of the purchasing process. G-Quotes achieves this by integrating supplier quotations with the Coupa requisition API. Once a buyer has reviewed and accepted a quotation, a draft requisition with line-item detail is automatically created in Coupa, meaning Enterprises can increase purchasing efficiencies and extend automation to challenging categories of spend, including MRP, maintenance and repairs, software development, print and media, and marketing services.
As an out-the-box subscription service, G-Quotes is designed to be deployed immediately and is low-cost and commitment-free for both enterprises and their suppliers. A major building-maintenance supplier using G-Quotes to send quotations to a large Coupa customer said, “Since using G-Quotes, 70% of the time we get a PO on the same day or the day after sending a quotation. This process used to take a week!”
“Coupa is committed to providing an open platform that delivers value to our customer community,” said Roger Goulart, senior vice president of Business Development and Alliances at Coupa. “We’re proud to partner with ProProcure to give our customers even greater supplier collaboration capabilities for their business spend management program.”
As a fully certified CoupaLink™ solution, G-Quotes meets all of the stringent requirements established by Coupa through its CoupaLink Certified Technology program. The CoupaLink program enables software partners to build complementary solutions that easily connect into the Coupa platform. Customers benefit by optimizing their business spend and reducing business risk while reducing the cost of third-party software integration.
“When it comes to supplier collaboration, connecting G-Quotes into the Coupa BSM Platform gives enterprises and their suppliers a streamlined quote-to-order experience and extends purchase-automation to complex services expenditure,” said Frank Treanor, CEO at ProProcure. “We are thrilled to have passed Coupa’s rigorous certification process and look forward to expanding our relationship with Coupa to help customers and their services suppliers transform their transactions.”
Coupa, Coupa Business Spend Management (BSM), CoupaLink, and all Coupa logos are trademarks or registered trademarks of Coupa Software, Inc.
Established in 2000, ProProcure is a leading SaaS business helping Enterprises extend the capabilities of their eProcurement investments through buyer and supplier collaboration. Our online quote building tool, G-Quotes, compliments any P2P solution by enabling businesses to catalogue more complex and often untouched areas of spend. Our tool bridges the gap between the eCommerce needs of suppliers and the Enterprise’s requirements to extend and increase the levels of purchasing-automation within their organisation.
ProProcure Media Contact:
Sian Fryer, Marketing Manager