Colliers International Selects Coupa Software for Better Scalability and Streamlined Workflow

February 21, 2012

Global Real Estate Services Giant Implementing Leading Cloud-based, Spend Optimization Software

SAN MATEO, Calif., Feb 21, 2012 -- Coupa Software, the leading provider of innovative cloud spend optimization software, today announced that Colliers International, one of the largest commercial real estate services companies in the world, has selected Coupa as its e-procurement and spend management system. Coupa software will offer efficiency and flexibility, so Colliers can manage its spend and maximize profitability.

"Our culture at Colliers is reflected in our dynamic and user-oriented systems," said Bob Hemming, Vice President of Global Finance at Colliers International. "While we chose Coupa for its flexible and easily customized software, we also believe it was the right choice for us because Coupa's strong focus on customers closely matches our own."

Implementing Coupa's software at Colliers will result in better scalability through streamlining their entry process and automation of their workflow. With Coupa's software, Colliers will improve their ability on controlling its indirect spending and generate savings that directly improve the bottom line.

"We are honored that Colliers International selected us to support its efforts to control spend. Colliers adds to our growing list of prominent customers that have adopted our software to improve their operational efficiency and get better visibility into their spend," said Rob Bernshteyn, CEO of Coupa. "With our scalable, cloud-based platform, we're continuing to innovate new, efficient ways that make it even easier for our customers to create an environment of responsible spending that has a positive impact on the bottom line."

Operating out of more than 512 offices in 61 countries, Colliers International will be implementing the Coupa software in select markets across Canada and the United States.

About Coupa Software

Founded in 2006, Coupa Software is the leader in cloud-based spend optimization software. More than 200 customers in 40 countries use Coupa purchasing and procurement software to amplify their spend power and reduce spending up to 11 percent. Only Coupa provides a true cloud procurement application that enables customers to launch the solution rapidly and quickly realize significant savings. Learn more at: http://www.coupa.com or call 650.931.3200. Read more at our company blog, the Coupa Cabana, or follow Coupa on Twitter.

About Colliers International

Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation, it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate brand in the world.