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Coupa Tapping into the Wearable Market to Deliver Faster Expense Report Approval on the Go

By on May 7, 2015 in General with 0 Comments

Coupa Software, known for providing cloud-based spend management solutions, has recently announced the release of Coupa for Apple Watch. The new product, which is available in the Apple App Store, is designed to provide executives and employees with the ability to submit and manage expense reports and approvals much faster and easier.

According to Coupa, the new app will include a number of robust features, including requisition review, approval, and rejection capabilities. In addition, users will be able to take advantage of invoice review, approval, and rejection.

How Coupa Is Changing Expense Management

As both executives and employees know, moving expense reports through the process of being reviewed and then either approved or rejected can often be cumbersome and time-consuming. With the release of its latest app, Coupa is tapping into the flexibility of the wearable market, thus making it faster for expense reports to be submitted, reviewed, and approved while on the go. In addition, organizations leveraging the new app will be able to benefit from real-time visibility. Thanks to a faster review process, organizations will also be able to take greater control of their expenditures.

Coupa is actually the first cloud spend management solution to be made available on the new Apple Watch. The release of the groundbreaking new product taps directly into the emerging trend of businesses requiring more up-to-date information regarding how employees are spending resources. Employees will also be able to benefit from the release of the new product by being able to achieve much shorter approval times for submitted expense reports.

The company has indicated that in the future, new features included on the app could include GPS-based trackers as well as expense location-based alerts, expense line creation, and analytics. With a full suite of features, the new app from Coupa will make it possible for organizations to manage spending more seamlessly across a variety of departments, including invoice management, purchase order management, and expense management. Additionally, all of that can be accessed from mobile, desktop, or a wearable interface, meaning that users can submit and review invoices and expense reports from wherever they may be located for greater efficiency.

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