LogicSource Teams with Coupa Software
Jan 11, 2013 (Close-Up Media via COMTEX) --
LogicSource, a sourcing solutions firm, announced a new partnership with Coupa Software, a provider of cloud-based spend optimization solutions.
According to a release, through the partnership, the two companies will co-market the LogicSource OneMarket Sourcing Solutions Suite and Coupa Software's best-in-class procure-to-pay (P2P) solution. The offering will provide customers with the broadest and deepest solution for managing corporate spend on direct and indirect commodities and services.
In September 2012, LogicSource announced significant enhancements to its OneMarket Technology Suite, adding digital asset management, dynamic publishing and business analytics modules to OneMarket Buyer, the core engine of the platform that is currently being used to manage LogicSource clients' spending. Through these additions, OneMarket now provides a unique concept-to-customer workflow that enables seamless communication from conception through project management to supplier production reducing weeks of go-to-market time and eliminating manual approval processes.
Coupa said it empowers companies to reduce costs by providing actionable insight into operational spend using an integrated cloud platform. With a friendly user interface, Coupa increases employee adoption and encourages employees to participate in cost-cutting initiatives.
"Our partnership with Coupa is a natural fit since we both focus on driving cost savings through efficiency, transparency and seamless organizational integration," said LogicSource general manager for OneMarket, Sam Vail. "The combination of Coupa's cloud-based spend optimization platform and OneMarket's solutions for marketing production and the procurement of highly specified categories of goods offers customers a compelling choice."
"Customers across a wide variety of industries retail, consumer packaged goods, finance, insurance, travel and leisure, and healthcare will soon reap the benefits from the LogicSource and Coupa partnership," said Roger Goulart, vice president, business development and alliances at Coupa. "We let organizations fully optimize their spend with a cloud-based platform that's very consumer-like and easy-to-use. Our goal is to make procurement and finance professionals ultimately successful, which means they save their companies money and contribute to the bottom line."
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