Coupa.

• Position: E-PROCUREMENT - Brief article

Coupa, a provider of e-procurement solutions for small and mid-size businesses (SMBs) and sponsor of what it calls the world's leading open source e-procurement project, has brought out Coupa On Demand. This gives companies with 10 to 5,000 employees access to an e-procurement solution with advanced capabilities that Coupa claims were previously available only to the Fortune 500.

Coupa says it has taken a different approach to e-procurement software by combining the power of enterprise-class, procure-to-pay solutions with the user experience of consumer-oriented Web 2.0 technologies.

Foster City, Calif.-based Coupa also says it offers the first on demand e-procurement solution for SMBs that automates the entire purchasing process--from requisition, approval and purchase-order creation to requests for quotations (RFQs), quotations, receiving, inventory and invoicing.

Coupa On Demand provides:

* Rapid time to value -- Coupa's new...