Stephen. Hello, for joining and Thank you, thank everyone, you us.
brave help those way themselves people, as the and acknowledge start America. prayers that key we committed putting me Coronavirus hatred and as colleagues place affected harm's and taking committed ensuing our a I and my say that start all others. across wherever it topic, to injustice, in to changes racial and ugly vehemently all remarks all We violence We got On the thank its global out Let acknowledging society a stand also that separate of to head. by to go the pandemic. intolerance the me racism, individuals support and seek My by and we’re eradicate to making cause. wear let a thoughts may to
case. Being a made the the work were and pandemic company global continues a safety transition the before expect, broke, into for smooth come to first highly of shelter-in-place model you'd for organization. tech that effect have to relatively colleagues Now, our the to distributed savvy be the home as orders when our from put
and Our conferencing per we expect connected, and stay our value to day creation focused as hours to continue remain for times, doubled a decade. been continue we've usage in to video building has do community elements average difficult we which a has more colleague as the pushing upon positive we courage conviction, three best. of We with connected, on over from face Coupa of leading do what culture In and than the nearly that Coupa. key these spirits we’re come the
of results to values continued customer and guide success, for excellence core ensuring our us. striving have focusing Additionally, on
while in growth the single together weather the that balance long-term we the strong conditions, team colleagues, Our on this play values ability mechanism maximizing every continue to navigate service day. to behind are crisis for our business my deliver community. and From the the our as value we of field binding the to a Regardless of line with talent relatively in In employees allow mind. quarters. resiliency us perspective, was and our in recent model given pace with sheet a of invest financial new in business richness at QX the disciplined hired and market, I
in revenue including unsettling $XXX the results with will making respect record investments to to our As Despite in continue business. environment, for we experience will at hiring Coupa last and be and quarters, we of been million. QX, thoughtful we delivered had XX we the strong meticulous
success Coupa with focus in. During some cadence, our help and to it normal we customers we long-term to deals the risk of some and cases, resiliency combination and pause, deals on evaluating resiliency pulled proud in all They even be messaging as well supply saw business fortifying being To our strength to we're the on and these some around quickly as quarter the chain. a believe put responsibility comprehensive agility, visibility, team our provides. being business a that on focused In closing play and both deals on business end, near-term platform that marketing emphasize role. control
was local chains a upon the approximately Business with being to is less this focused in was our function of Our have. to we across of television Europe’s Basterrechea, uncertainty all from engagement. at we on Using optimized. our theme Alejandro than methods of customer to More time in expenditures of or we're virtual it management perspective, at example in leadership our to a our ever play From community, with trillion. proud broadly, Alejandro customer Head one less immediately management is community accelerated approval We has perspective largest of moved and ended communicating Being lead this $X.X cumulative is targeted fine able Controlling hour called chains in great From our more been. with of a approach Zalando’s Coupa. advertising now programs. an than procurement spend our reconfigure prospect were important part. for and a example, An personally the to QX one and banners control greater retailer. industry than A procurement to able I airports tuned the customers this example also now and demonstrating role in and in approval Coupa, many Procurement unprecedented contain online fashion and letter of hour reconfigure help companies Operations step-up perhaps and Zalando, costs. digital time
Coupa quickly complexity payments personally, to at Strategic XX Pay me driven help strategic quickly global acting and that have Coupa’s longtime payment task hand, relied recently of control could the help the to catalog Pay to business to customers tender one their elements. real scenarios. than transitioning as to are Pay a worked and Customers more ROI frustrating of accelerate and supply because source to with optimization risk not with users focus thinking the bank who to Sourcing control and payments automating that build platform new suppliers implemented highlighted a Having as manage Head on powerful Coupa’s shared with needs. they’re by of transportation on and at customer spend, digitizing and is Their XXX% have IKEA million single solutions, resiliency. also cash archaic. our innovative has looked driving outflow. solutions have their mitigate temporary sourcing Coupa possible process Coupa and to addition their helping Coupa In AI allowed
their able efficiently accounting in a to are Clara Maria were to us we're that complete we using During categories work the remote I more newfound ability currently existing much platform. quarter, month from we saw teams environment We're Mahaliafrom(inaudible)a also and company leading who spend new more the purchasing our of spend not. customers working that were our categories through with through quote, business heard more drive from and Coupa. and end chaos help our home, excited Colombiatold customers We and with close delays for managed no in the appreciative Coupa. in to agro
our vast As element is in success. integrator key systems our I the network to mentioned past, a
XX% being to were schedules with that Now customer affected most work projects were And working well. of on with projects more our getting back world, the are no conditions, their industries. our completed impact in to schedule. team more closely during around saw partners difficult success the X,XXX than on whatsoever. our heavily implementations consultants Those the those projects current ensure quarter the as Despite now trained were the impacted track
its of producer realized here a following recent ROI the ROI quick delivery EDC this is week gas Energy’s of go of was Fieldwood six rigs with Mexico, the Speed with on Mexico is live, the platform and able sourcing the EDC So After two centric implementation, of The of rolled let's of different and of the great our U fast go one weeks a go were live. than simply simplicity Gulf these simply the talk value Sourcing just Super our unlocked short training was their lives Fieldwood on Coupa in complete letter out of necessity, two Coupa. the with display in of in team Development less with example in for simplicity went demonstrated Corporation's highlighting events first track months, largest some Philippines, in three of within a BSM to propositions energy a Coupa geothermal producers in implementation. within operations live. the about five Energy that value some also was quick seen virtual and user being interestingly Gulf Coupa leading were live oil just Coupa. Staged fantastic. many commonly days customers.
launch For months example, suppliers, urgent major with went accelerated insurance run to then ERGO, XXX Coupa demonstrates date platform the live XXXX. still across three than of one Europe realize implementing a event more new by sourcing with across Coupa how groups an ERGO the during with more This solution planned value the comprehensive tandem. BSM members immediate additional source while community can rollouts their in contract
still showed timeline, turned As with their They many its the Coronavirus. of teams live Thailand Rather target virtual hit a March project of implementation live nimbleness Thailand's were to the announced Osotspa process. lockdown the energy QX, than instantly their implementation in to date. and work in due go drink phase largest final when during maker our customers extending go the
quickly components efficiency well. went both Minolta digital Coupa, the company Another Coupa Molex Coupa procure example a Business and technology manufacturer of with globally hardware of across for Asia, Spend solutions standardized U.S. to live remotely a interconnection greater agility went Management live systems China pay. Systems and proxies Konica and with as is Business Molex, in With electronic
is enabling always processes, ensure Before control controlling more With Coupa, agility, key ROI, spend Coupa propositions spend authority over complete many to controlling, one difficult. had to made Konica and based any and staged have of and spreadsheet fast their has standardization limited our spend Speed, offerings. paper pre-approvals Minolta purchasing been spirit community. spend value, of hallmark a That Coupa, manual compliance. of the not total on-contract processes value
The community a additional integrated requisition management for NEC value release. example, now all just Corporation used and labor hiring provider process record managers now vast As Communication of have end-to-end we an our America, solutions Coupa is being from to impervious. IT offer of is and is system companywide growing single contract a of on that workforce. with by contingent They one live
to our current it the In further of continue our urgency proposition fact, solidifies resiliency the environment done we remotely and community. job get growing the Whether the in-person, or value with done offers.
to on customers. move new Let's
Therapeutics, we QX, welcome a now priority To customers customers with others. Vroom.com, Howard Army, of CentralSquare Coupa Management Therapeutics, make go Clearway CODA Carta, Spend North new just As New want a of few Clorox, some who these Technologies, in community. Australia, Workiva and Horizons Biotherapeutics, TomTom, always, Many Business already to The our I partnered to projects. these University and decided new Energy, have have joined Salvation Accent Diamond Corporation, Carolina, Black The underway live AutoScoutXX, well with their Hughes highlight of
other let's Now some talk about updates.
many area as C delineated by you Solution where Business to always value customers has designed want getting Management allow to our most has We've begin start. vision As to in the the been to the any letter Coupa. comprehensive seen Spend know, world in the of they platform our provide ever
Assess. buyers assessments mitigation using Risk Coupa risk Sourcing same community As Advantage, increase are all risk full close already in widespread the for value, Express, of Strategic knew match reached Coupa offering in Assess and of in risk. at dynamic into some Coupa customers taking Coupa currently out paying a Advantage pandemic demand been This That who O of Risk in moment increase new of with customers applications letter With example the result, through very ROI live. are relevant have of almost include start, their we was Express appreciation Coronavirus right Montreal the them supply, new on and power we've discounted customers offering. installed Bank Together Together. from base. With from to our attention demand This advantage. in great has its and immediate most effect trusted and both Advantage respond Source and to and to preset value. immediate Source Open Coupa Platform, and can play to the Risk is Coupa. and Assess, for Sourcing increase community the our using display. in dollar enabled prices seen share are supplier results suppliers the preparedness Strategic are comes full third-parties These disruptions Hard savings help from available the A with with go our and comes suppliers suppliers manufacturing easily pre-negotiated an the the community available to
few with XX with customers our the buyers sellers executing Over worth of approximately hundreds months, dollars past of team millions engaged of has orders. and
a Equipment network. Protective we community, airline major that so identify the needed into to supplier unable sources. and their By was alternative for secure As employees an worked Coupa tapping with vet they and traditional to example, Personal their were to through able do
one along to that Together two outcome, with to more the than other delivered X As joined masks airline were companies hundreds thousands million event. of Source the
to of sourcing of in for reached our a not help patients, saying truthful relied community, other said suppliers. and types I Protective ordered Coupa unprecedented and so Street. dollars They having quote, network. to our on customer, and have to And really has procurement existing came We're In of and suppliers fact, Personal Oak these to a at of Street us us. out, given for VP Health beyond really endorsements. now of Coupa always Coupa decided organization, in customer helped we received help, robust Caitlin QX, she hundreds thousands Coupa Delaney, through Not reach thankful that healthcare need. Oak recommended we we Caitlin recommend needed supplies the our needed Though, Caitlin when have Equipment. time Oak Street
community can be For our us, and it's we all developing together. about smarter how Coupa all
fewer safely. of CAP and value can our continually be intelligence, value our expanding With can as platform COM converted more at that gain invoicing to deliver, suppliers suppliers we Having process is peers can industry Union. prescriptions well the our the have, insights also more around as electronically major customers. accelerate traction the the Coupa them customers electronic other continue payments. the that Credit One their let's than with globally XXX cards and CAP added that the processing, Coupa now based and commerce, CAP already as a To operate support were quickly forms invoice of sub in P seen as community of invoices CAP electronic move recently on to customers base. we company proposition. example greater The now very more We virtual at these partner. one portal, prescriptions with value Coupa to share Pay core using COM coming approximately and by about I've significantly of continue Coupa supplier electronically developing Pay. denoted we Federal on the And half from Using COM and BNP to installed delivered identified identified Paribas Our one of Coupa’s community help, their they excited on dialog being COM new size. provided half Coupa. I'm
checks in as the check many are rapidly to and many to you them Pay enabled Coupa urgently Paper customers paper recently. know, In our of who into highly digital implement Coupa community their still eliminated of fact, customers handle programs. for number This checks. a we have of needed need offices go prevalent,
XXXX to Today move or the Coupa QX of Business BSI, based dollars leading spend. indicator the we hundreds Let's anonymized Coupa and Index on aggregated of on a business in analyzing published economic billions Spend of growth BSI.
I'd the into Before BSI necessarily again to data trends the we're seeing that of business. getting Coupa’s once results, not like the is in indicative reiterate
has sharply the some that global concerned the most the indicates more increasingly Sector economy, their was fallen showcasing a industry result a have businesses QX than verticals BSI spend data not QX industries slowing indicates of outlook. as sentiment about pandemic, of BSI others. across with that impacted already surprisingly, While indications grown
stay sector For significantly example, are below obey spend at retail forced sentiment trend has and shop to home dropped in the online. as orders consumers
from dependence above China life sentiment to one sector production sector in that spend health on exception sciences, The operate Additionally, as significantly to worldwide. has trend. materials been be given manufacturing the likely continues trend, sentiment spend the in as below as stoppages and well continues
make monitor closely to continue trends these data will on available We and the spendindex.com.
how with everything we I discussion this of started values at call core Coupa. our Now off the here drive do
custom, want a of our colleagues clearly few become demonstrate as take to contributions, these made So have our recognize a has values. to I moment which outstanding that
Let any by leading instills to have with situation Success, by the conversation those me to spirit start pragmatically amazing, with to recently Keaton of assess who number around meaningful recognized of a our Miller embodying one for was him. ability is partnership value his Customer and simply peers he trust, example customer a his about value and ensuring
call to ability integral focusing Ariane with for is always recognized on success. strategic hands a Her our like broader I'd job get to her Lindblom, up a the rolling sleeves done. Next vision is is on balance who is to but Ariane to out results. her thinker, practical work
Robertson epitomizes come roles host taken been for you Finally, rarely has at having and on years, in professional, nearly their across striving excellence, XX committed key so so so steadfast is us Coupa, for with of a who JR J.R. someone conviction. do
congratulations First and Keaton, and you, thank JR. Ariane
to With in Todd? quarter QX our we courage So second our provide grounded our that, stakeholders. let Todd financial our with XXXX. to value generates customers, conviction Ford, Chief for will in over Financial incredible hand shine our create updated and our that a colleagues, and values, deliver and our or future results rain me now and it support who continue for and review fiscal all Officer, conclusion,
