"By integrating with Coupa Pay, companies can now manage payments seamlessly, so everyone is spending and paying smarter."

Rajiv Ramachandran

Vice President of Product Strategy

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Background

Coupa Software is a global technology platform for business spend management. Coupa helps large companies gain visibility into, and control over, the money and resources spent within their organizations. Coupa’s spend management system offers unprecedented savings and insights to drive measurable results.

Challenge

Coupa needed a solution for Coupa Pay to integrate with multiple payment providers across the world and reduce cost for Coupa Pay users.

Dealing with multiple payment providers across the world created significant administrative burden for the payroll department to track and trace delays and inaccurate amounts reaching their staff.

Solution

TransferMate proposed their Global Payables Solution to Coupa.

TransferMate presented a globally regulated end-to-end proprietary payments technology solution that would eliminate the traditional bank system, thereby ensuring payments are processed on time and the exact amount is received.

With TransferMate’s global reach and network of local bank accounts across all countries, Coupa Pay is able to offer companies the ability to consolidate multiple payment providers into one solution.