Procurement Magazine Top 100 Companies in Procurement 2022 | Page 29

TOP 100 COMPANIES 04

Oracle
Year Founded : 1977 Industry : Cloud Technology
Providing its cloud , computing infrastructure , and software solutions to organisations around the world , Oracle helps its customers innovate , unlock efficiencies and become more effective .
Oracle created the world ’ s first - and only - autonomous database designed to help organise and secure customer data .
When it comes to procurement , Oracle ’ s Fusion Cloud Procurement suite automates the procure-to-pay , strategic sourcing and supplier management processes . The integrated source-to-settle suite helps users streamline shopping and manage spend ; manage direct materials , services , and complex procurement ; increase agility with supplier relationship management ( SRM ); manage supplier contract lifecycle
and compliance ; and much more .

03

Coupa Software
Year Founded : 2006 Industry : Business Spend Management
Empowering global organisations with visibility and control to manage their spend smarter and safer , Coupa Software is a cloud platform for business spend management ( BSM ).
The company ’ s single platform allows users to manage all transactions across procurement , payments , and supply chain . Coupa Software ’ s comprehensive platform has been designed for the end-user to
provide ease of use and flexibility .
Coupa Software is driven by its mission to deliver business value . “ It ’ s more than how much you paid for something or what a new solution saved . Value is the quantifiable , measurable improvement that a solution or process delivers . It ’ s explicit , but it isn ’ t a singular achievement or a moment in time .”
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