Coupa Software adds invoice payment capabilities and partnerships

Coupa Software has announced innovations under its Coupa Pay offering as well as a strategic partnership with global payments technology provider TransferMate.

With Coupa Pay Invoice Payments, AP teams are now empowered to efficiently transact in one secure step, seamlessly, through a wide variety of payment options, including domestic bank transfer, cross-border payment, and digital cheques. With this solution, companies can now orchestrate and govern their end-to-end payments processes with a unified platform, thereby reducing manual work, compliance risk, and fraud.

In partnership with TransferMate, Coupa Pay will now offer payments technology and access to TransferMate’s domestic payments capabilities across dozens of countries as well as cross-border payments in more than 100-plus countries and currencies. TransferMate’s regulatory money movement rails are seamlessly connected with Coupa Invoice Payments providing businesses with a global, unified platform to manage their payments.