NPI Financial Joins Spend Matters as an Associate Sponsor
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All in all, the latest release appears to be a big step forward for the e-procurement upstart. But Coupa isn't just copying existing enterprise software paradigms in the latest release -- they're also leapfrogging others in some areas, incorporating newer paradigms and approaches to navigation and catalog/item search. For example, they've incorporated the concept of a tag cloud to help users find what they're looking for (see the picture below if you're curious about how this works). I asked Dave Stephens, Coupa's CEO and co-founder, why he chose to go down this path. Dave suggested to me that "progressive procurement organizations of all sizes aren't threatened by empowering employees in their e-procurement initiative. Rather, they actively recruit frontline employees in the pursuit to drive compliance and savings by bringing additional spend under management. Using Web 2.0 technologies such as tag clouds for better spend classification, these organizations enhance user adoption while simultaneously gaining far better insight on their spending."
