Coupa Software (NASDAQ:COUP), a leader in business spend management (BSM), announced today that the largest retailer in Denmark has chosen Coupa’s Source-to-Pay (S2P) solution to streamline strategic sourcing, procurement and accounts payable across its diverse international supermarket business. Dansk Supermarked Group (DSG) will implement Coupa across its corporate head office and its international retail chains.
Coupa’s industry-leading, cloud-based S2P solution will enhance strategic sourcing efforts at DSG and automate accounts payable invoice processing for millions of retail supplier invoices. Through this initiative, DSG aims to simplify the process of sourcing, buying and paying for goods and services in a cost-efficient and compliant manner.
“DSG’s mission is to give our customers the best possible shopping experience, both online and in-store,” said Alan Jensen, Chief Information Officer at DSG. “Our S2P program with Coupa is an exciting extension of that vision to our internal customers, extending the benefits of simplified procurement to our international workforce. Coupa proved itself to be the right choice of partner for DSG by combining a modern, cloud-born platform with an approach strongly focused on DSG’s success.”
Each week more than 9 million shopping trips are carried out at stores owned by the Dansk Supermarked Group, and every day the company provide 1.4 million customers with groceries and everyday essentials, along with a wide range of non-food products online.
Dansk Supermarked Group provides the framework for more than 50,000 international employees in four countries. The company is focused on enhancing the shopping experience for all customers.
“We are committed to helping retailers deliver the best shopping experience for their customers while at the same time maximising the value of every dollar they spend,” said Rob Bernshteyn, CEO, Coupa. ”With our unified cloud platform for business spend management, we will help Dansk Supermarked Group spend its money smarter by driving increased adoption across their employees and suppliers as well as by capturing spend-related transactions in one place that’s available anytime and from any device.”