<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>In the CLOUD</title>
	<atom:link href="http://www.inthecloud.com.au/feed" rel="self" type="application/rss+xml" />
	<link>http://www.inthecloud.com.au</link>
	<description>Cloud Computing Applications, Enterprise Consulting 2.0</description>
	<lastBuildDate>Thu, 05 Jan 2012 10:59:30 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.1.2</generator>
		<item>
		<title>Adding past years on Date or Date/Time fields in Salesforce</title>
		<link>http://www.inthecloud.com.au/salesforce-adding-past-years-on-date-or-date-time-fields</link>
		<comments>http://www.inthecloud.com.au/salesforce-adding-past-years-on-date-or-date-time-fields#comments</comments>
		<pubDate>Fri, 14 Oct 2011 09:32:31 +0000</pubDate>
		<dc:creator>Simi</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Salesforce.com]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=1685</guid>
		<description><![CDATA[Need to enter real Date Of Birth of a customer who is more then 5 years old? I am sure at some point you will come across this issue (if you haven’t already) where you only see next 5 years of values in the Date &#38; date/Time fields based on the current year. For example: [...]]]></description>
			<content:encoded><![CDATA[<p>Need to enter real Date Of Birth of a customer who is more then 5 years old?</p>
<p>I am sure at some point you will come across this issue (if you haven’t already) where you only see next 5 years of values in the Date &amp; date/Time fields based on the current year.</p>
<p>For example:  Date fields created in 2011 will only show these values {2011, 2012,2013,2014,2015,2016}</p>
<p>Here is a solution I found on one of the blogs and it adds past 100years of values in the year part of the field.</p>
<p>1) Go to Setup -&gt; App Setup -&gt; Customize -&gt; User Interface. Here make sure the 'Show Custom Sidebar Components on All Pages' is checked.</p>
<p>2) Go to Setup -&gt; App Setup -&gt; Home Page Layouts. Make sure all your Home Page Layouts have the Messages &amp; Alerts component checked.</p>
<p>3) Go to Setup -&gt; App Setup -&gt; Home Page Components. Here, click edit for Messages &amp; Alerts. In the textarea, copy and paste the javascript code below and save (it can just go below your normal Messages &amp; Alerts, won't show up on the actual page).</p>
<p>************************************************************************************************************************************</p>
<p>&lt;script src="/js/dojo/0.4.1/dojo.js"&gt;&lt;/script&gt;</p>
<p>&lt;script src="/soap/ajax/11.1/connection.js" type="text/javascript"&gt;&lt;/script&gt;</p>
<p>&lt;script type="text/javascript"&gt;<br />
dojo.require("dojo.collections.Store");<br />
dojo.require("dojo.charting.Chart");<br />
dojo.require('dojo.json');<br />
var arYears = getYears();<br />
function swapYears(){</p>
<p>// Contact Birth day<br />
if(document.getElementById('calYearPicker') != null) {<br />
var select = document.getElementById('calYearPicker');<br />
var curValue = select.value;<br />
var parentx = select.parentNode;<br />
parentx.removeChild(select);<br />
select = document.createElement('select');<br />
select.size = 1;<br />
select.id = 'calYearPicker';<br />
select.name = 'calYearPicker';<br />
parentx.appendChild(select);<br />
}<br />
if(select != null) {<br />
for(x=0;x&lt;100;x++) {<br />
select.options[x] = new Option(arYears[x], arYears[x], false, false);<br />
}<br />
}<br />
}</p>
<p>function getYears() {<br />
sforce.sessionId = getCookie('sid');<br />
sforce.connection.sessionId=sforce.sessionId;<br />
var out = [];</p>
<p>// generate dates for the last 100 years<br />
var currentTime = new Date()<br />
var year = currentTime.getFullYear()<br />
try {<br />
for(x=0;x&lt;100;x++) {<br />
out[x] = x+year-99;<br />
}<br />
} catch(error) {<br />
alert(error);<br />
}<br />
return out;<br />
}<br />
dojo.addOnLoad(swapYears);<br />
&lt;/script&gt;</p>
<p>&nbsp;</p>
<p>**************************************************************************************************************************************</p>
<p>I have used this for one of our project already and it works pretty well. Probably not the most elegant solution but it meets customer’s requirements and no impact on any other configuration.</p>
<p>Hope you all find this helpful!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/salesforce-adding-past-years-on-date-or-date-time-fields/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Subway changes its menu, adds SaaS</title>
		<link>http://www.inthecloud.com.au/subway-changes-its-menu-adds-saas</link>
		<comments>http://www.inthecloud.com.au/subway-changes-its-menu-adds-saas#comments</comments>
		<pubDate>Sun, 24 Jul 2011 00:12:07 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Coupa]]></category>
		<category><![CDATA[e-procurement]]></category>
		<category><![CDATA[spend management]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=1678</guid>
		<description><![CDATA[IPC has selected Coupa's Cloud Spend Management application to manage purchasing for its 35,000 Subway restaurants worldwide.   This article in ComputerWorld describes why - ease of use, speed of deployment, and automatic upgrades in the cloud were some of the key reasons. If you are looking for a procurement management solution, contact us.]]></description>
			<content:encoded><![CDATA[<p>IPC has selected Coupa's Cloud Spend Management application to manage purchasing for its 35,000 Subway restaurants worldwide.   This <a title="ComputerWorld - Subway chooses Coupa for  e-procurement" href="http://www.computerworld.com/s/article/9218518/Subway_changes_its_menu_adds_SaaS_" target="_blank">article in ComputerWorld</a> describes why - ease of use, speed of deployment, and automatic upgrades in the cloud were some of the key reasons.</p>
<p>If you are looking for a procurement management solution, contact us.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/subway-changes-its-menu-adds-saas/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Smartsalary Case Study &#8211; Salesforce.com</title>
		<link>http://www.inthecloud.com.au/smartsalary-case-study-salesforce-com</link>
		<comments>http://www.inthecloud.com.au/smartsalary-case-study-salesforce-com#comments</comments>
		<pubDate>Mon, 27 Jun 2011 07:44:33 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[implementation]]></category>
		<category><![CDATA[salesforce]]></category>
		<category><![CDATA[salesforce.com]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=1668</guid>
		<description><![CDATA[One of our long term customers, Smartsalary has released a case study with Salesforce.com describing their experience with the product and the benefits they are realising.  In the first division, Leasing, which has been live the longest, they are seeing significant improvement in lead conversion rates,  sales effectiveness (closing a lot more deals with the [...]]]></description>
			<content:encoded><![CDATA[<p>One of our long term customers, Smartsalary has released a case study with Salesforce.com describing their experience with the product and the benefits they are realising.  In the first division, Leasing, which has been live the longest, they are seeing significant improvement in lead conversion rates,  sales effectiveness (closing a lot more deals with the same stadff numbers) and operational efficiencies (faster handoff to other departments post sales).  You can read the case study <a title="In The Cloud - Data Sheets" href="http://www.inthecloud.com.au/data-sheets">here</a>.</p>
<p>&nbsp;</p>
<p><a href="http://www.inthecloud.com.au/wp-content/uploads/2011/04/smartsalary.png" title="Smartsalary"><img class="alignnone size-thumbnail wp-image-1059" title="Smartsalary" src="http://www.inthecloud.com.au/wp-content/uploads/2011/04/smartsalary-150x111.png" alt="Smartsalary" width="150" height="111" /></a></p>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/smartsalary-case-study-salesforce-com/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Calculate Case or Task Age in Business Hours</title>
		<link>http://www.inthecloud.com.au/salesforce-com-task-age-in-business-hours</link>
		<comments>http://www.inthecloud.com.au/salesforce-com-task-age-in-business-hours#comments</comments>
		<pubDate>Wed, 08 Jun 2011 04:49:19 +0000</pubDate>
		<dc:creator>Shruthi</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Solutions]]></category>
		<category><![CDATA[business hours]]></category>
		<category><![CDATA[case age]]></category>
		<category><![CDATA[developer]]></category>
		<category><![CDATA[formula field]]></category>
		<category><![CDATA[salesforce]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=1566</guid>
		<description><![CDATA[Salesforce.com has task age, case age, stage duration and a variety of other measures built in, but they always include weekends, which isn't helpful if you are trying to measure SLAs relative to business hours. This requirement which popped up a few weeks back - a field which can give the case age in business [...]]]></description>
			<content:encoded><![CDATA[<p>Salesforce.com has task age, case age, stage duration and a variety of other measures built in, but they always include weekends, which isn't helpful if you are trying to measure SLAs relative to business hours.</p>
<p>This requirement which popped up a few weeks back - a field which can give the case age in business hours [excluding saturdays and sundays]. There was no function in salesforce which provided me the day given the date. I came about with a round about logical solution - a formula(number with 0 digits after decimal point) field which excludes saturdays and sundays when calculating the case age.</p>
<p>CASE(<br />
MOD(DATEVALUE(CreatedDate) - DATE(1900, 1, 7), 7),<br />
0, (TODAY() - DATEVALUE(CreatedDate)) - 1 - FLOOR((TODAY() - DATEVALUE(CreatedDate))/7)*2,<br />
1, (TODAY() - DATEVALUE(CreatedDate)) - FLOOR((TODAY() - DATEVALUE(CreatedDate))/7)*2,<br />
2, (TODAY() - DATEVALUE(CreatedDate)) - FLOOR((TODAY() - DATEVALUE(CreatedDate))/7)*2,<br />
3, (TODAY() - DATEVALUE(CreatedDate)) - FLOOR((TODAY() - DATEVALUE(CreatedDate))/7)*2,<br />
4, (TODAY() - DATEVALUE(CreatedDate)) - FLOOR((TODAY() - DATEVALUE(CreatedDate))/7)*2,<br />
5, (TODAY() - DATEVALUE(CreatedDate)) - 2 - FLOOR((TODAY() - DATEVALUE(CreatedDate))/7)*2,<br />
6, (TODAY() - DATEVALUE(CreatedDate)) - 2 - FLOOR((TODAY() - DATEVALUE(CreatedDate))/7)*2,<br />
null)</p>
<p>Talk to us to find out more solutions in Salesforce.com</p>
<p>&nbsp;</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/salesforce-com-task-age-in-business-hours/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>ASX-listed national company goes live in 6 weeks on Sales Cloud</title>
		<link>http://www.inthecloud.com.au/asx-listed-national-company-goes-live-in-6-weeks-on-sales-cloud</link>
		<comments>http://www.inthecloud.com.au/asx-listed-national-company-goes-live-in-6-weeks-on-sales-cloud#comments</comments>
		<pubDate>Tue, 24 May 2011 23:01:45 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Solutions]]></category>
		<category><![CDATA[sales effectiveness]]></category>
		<category><![CDATA[salesforce.com]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=1546</guid>
		<description><![CDATA[We recently helped this $600m division of a major services company implement Salesforce.com Sales Cloud for pipeline and activity management in time for their new financial year. Talk with us to find out how you can increase sales effectiveness, close rates and lead conversion and improve collaboration among your sales teams with Salesforce.com]]></description>
			<content:encoded><![CDATA[<p>We recently helped this $600m division of a major services company implement Salesforce.com Sales Cloud for pipeline and activity management in time for their new financial year.</p>
<p>Talk with us to find out how you can increase sales effectiveness, close rates and lead conversion and improve collaboration among your sales teams with Salesforce.com</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/asx-listed-national-company-goes-live-in-6-weeks-on-sales-cloud/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why Best-in-Class Procurement Systems beat ERP</title>
		<link>http://www.inthecloud.com.au/best-in-class-procurement-systems-beat-erp</link>
		<comments>http://www.inthecloud.com.au/best-in-class-procurement-systems-beat-erp#comments</comments>
		<pubDate>Wed, 11 May 2011 08:38:45 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[eprocurement]]></category>
		<category><![CDATA[spend management]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=1204</guid>
		<description><![CDATA[No Room for Compromise: Best-in-Class Procurement Systems put ERP in its Place If your drive to implement a Spend Management strategy is making you consider the eProcurement module that lurks unexploited in the depths of your existing ERP system, it might be time to reconsider. Indirect spend control has the potential to deliver instant business-wide [...]]]></description>
			<content:encoded><![CDATA[<p><strong>No Room for Compromise: Best-in-Class Procurement Systems put ERP in its Place</strong></p>
<p>If your drive to implement a Spend Management strategy is making you consider the eProcurement module that lurks unexploited in the depths of your existing ERP system, it might be time to reconsider.</p>
<p>Indirect spend control has the potential to deliver instant business-wide savings to the bottom line - as long as it embraces the complete procure-to-pay cycle. ERP systems will certainly address fragments of the cycle. But rooted in manufacturing and distribution, they lack the nimble, flexible and holistic capabilities required to manage the procurement environment of today's service-oriented business environments.<strong></strong></p>
<p><strong></strong><br />
The pressure is certainly on to take the ERP route. After all, that's where the historic technology investment has been. Different voices will shout about what they consider to be the best options for quick-win solutions. Accounts Payable will demand point-solutions for example, eInvoicing to lower their in-tray. And IT will invariably want to rationalize existing systems suppliers.</p>
<p><strong>Unexploited opportunities</strong><br />
But there is a huge opportunity to manage your procure to pay process through a best-in-class spend management application.</p>
<p>The scale of this unexplored opportunity is enormous. Up to one third of large enterprises have yet to buy any kind of eProcurement system, and a quarter of them are not using any kind of eProcurement tools. As many as 60% of ERP customers eProcurement licenses have not yet been installed, and there could be a very good reason why the ERP option has lain dormant since the main system was implemented.</p>
<p><strong>ERP: A legacy of dashed expectations</strong><br />
ERP implementations tend to create their own legacy of dashed expectations: longer-than-expected projects that exceed budget, relatively low satisfaction rates (13% according to one recent report, a lack of employee buy-in - ERP systems are notoriously finance-focused, owned and delivered by MIS and tricky for non-IT literate users to adopt, and a low ratio of benefits realized.</p>
<p>And while there is no doubt that ERP systems have extensive operational data gathering capabilities, their technology focus rarely allows them to use that data to enable a transparent and accurate view of the entire procure-to-pay process. If you take this route to spend management and allow technology to drive the project and replicate what you are already doing, you risk missing some of the key benefits you are setting out to deliver.</p>
<p>Compliance, which should be a major goal for any expenditure cycle management project, can only be encouraged and enforced if the spend management platform incorporates appropriate enterprise-wide spend controls, authorization rules and budgetary constraints, for example.</p>
<p>And with the pressure on to deliver quick results, the risk of embarking on a potentially lengthy and complex ERP integration project throws the likely benefits of a best-in-class eProcurement system strategy into an exciting new light.</p>
<p>Where ERP systems tend to lack the workflow rules that enable a complete set of business benefits to be realized, purpose-built eProcurement systems use applications to enforce electronic authorization, regardless of how complex the organization's spend control hierarchy might be.  If the system provides a mobile app for managers to quickly approve requsitions and expense claims, you can reduce cycle time to get goods and services the organisation needs.   And if they are easy to use, 'maverick' spenders will buy in to the strategy more readily and user adoption will be a non-issue. Employee workarounds that you previously never had sight of until the order was received will be no longer.</p>
<p>What's more, as senior decision makers look to Procurement to deliver rapid cost savings, expectations of the chosen underlying system rise accordingly.</p>
<p><strong>Why compromise with ERP?</strong><br />
When it comes to seizing the chance to take control of the complete expenditure cycle on this scale, why would you compromise? Particularly when it also constitutes a great opportunity to consolidate the way your existing ERP investment underpins the business.</p>
<p>ERP alone can't cure a 'maverick' spend epidemic but an integrated best-in-class eProcurement/ERP partnership offers a potentially mighty solution that could bridge the considerable Spend Management gaps in a 'pure' ERP system.<br />
<strong><br />
Leverage your ERP investment</strong><br />
Consider using the eProcurement system as a front-end requisition engine, feeding into your established ERP modules. These were never designed as intuitive interfaces and will always be anathema to casual users, who will habitually find ways to work around applications they don't understand and will consequently make themselves invisible to Finance. An eProcurement system will drive compliance and authorization.</p>
<p>Even as an interim solution, without the significant overheads of an ERP implementation, a best-in-class system can deliver immediate and significant cost savings. Rapid implementation and and an opex subscription model can provide a rapid ROI.</p>
<p><strong>Best-in-class: ahead of the curve</strong><br />
Because best-in-class vendors are constantly refining and adding to their technological capability, new modules that enhance the value of the investment and lower the risk of driving through a Spend Management strategy emerge regularly, giving more choice in terms of scale, implementation and integration.</p>
<p><strong>Coupa Cloud Spend Management</strong></p>
<p>Coupa's Cloud Spend Management application provides a best in class e-procurement, expense management and benchmarking application that easily integrates with all the major ERP systems.  Coupa is highly innovative, cost-effective, easy to use, and rapid to deploy.  Have a look and see for yourself with a <a title="Coupa Free Trial" href="http://www.coupa.com/free-trial" target="_blank">free trial</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/best-in-class-procurement-systems-beat-erp/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Meet us at Cloudforce &#8211; Sydney May 12</title>
		<link>http://www.inthecloud.com.au/meet-us-at-cloudforce-sydney-may-12</link>
		<comments>http://www.inthecloud.com.au/meet-us-at-cloudforce-sydney-may-12#comments</comments>
		<pubDate>Sun, 01 May 2011 10:17:32 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=1520</guid>
		<description><![CDATA[Come and visit us at Cloudforce at the Sydney Convention Centre! Registration is free here. We'll be presenting a Salesforce.com implementation case study with our client SmartSalary, and showing off Coupa Expenses for Salesforce.com and Cloud Spend Management at our booth.]]></description>
			<content:encoded><![CDATA[<p>Come and visit us at Cloudforce at the Sydney Convention Centre!</p>
<p>Registration is free <a href="https://www.salesforce.com/au/events/details/a1x300000004DNWAA2.jsp?d=70130000000Fxvg">here</a>.</p>
<p>We'll be presenting a Salesforce.com implementation case study with our client <a title="SmartSalary" href="http://www.smartsalary.com.au" target="_blank">SmartSalary</a>, and</p>
<p>showing off Coupa Expenses for Salesforce.com and Cloud Spend Management at our booth.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/meet-us-at-cloudforce-sydney-may-12/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Customer Service and the iPad</title>
		<link>http://www.inthecloud.com.au/customer-service-and-the-ipad</link>
		<comments>http://www.inthecloud.com.au/customer-service-and-the-ipad#comments</comments>
		<pubDate>Fri, 11 Mar 2011 18:55:20 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=190</guid>
		<description><![CDATA[Although Salesforce.com doesn’t yet have a ‘native’ iPad application (Salesforce for Mobile is using the iPhone app), many of our clients are asking for iPad solutions – for field sales and service, customer surveys, patient record keeping and other enterprise mobility apps. I’ve been speaking to some incredibly creative developers and design to plan some [...]]]></description>
			<content:encoded><![CDATA[<p>Although Salesforce.com doesn’t yet have a ‘native’ iPad application (Salesforce for Mobile is using the iPhone app), many of our clients are asking for iPad solutions – for field sales and service, customer surveys, patient record keeping and other enterprise mobility apps.  I’ve been speaking to some incredibly creative developers and design to plan some very ‘cool’ apps that provide a highly usable UI for salesforce.com on a tablet.  Watch this space!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/customer-service-and-the-ipad/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Much do Supplier Networks Matter?</title>
		<link>http://www.inthecloud.com.au/how-much-do-supplier-networks-matter</link>
		<comments>http://www.inthecloud.com.au/how-much-do-supplier-networks-matter#comments</comments>
		<pubDate>Fri, 11 Mar 2011 16:04:58 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[e-procurement]]></category>
		<category><![CDATA[spend management]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=195</guid>
		<description><![CDATA[A good debate on the importance of supplier networks in e-procurement – Jason Busch believes it’s the solutions that are the primary driver: “…most customers in the market for solutions in the area that I speak with view networks as secondary (except when the costs exceed the benefits). Rather, they’re looking for specific solutions to [...]]]></description>
			<content:encoded><![CDATA[<p>A good debate on the importance of supplier networks in e-procurement – Jason Busch believes it’s the solutions that are the primary driver:</p>
<p>“…most customers in the market for solutions in the area that I speak with view networks as secondary (except when the costs exceed the benefits). Rather, they’re looking for specific solutions to challenges that networks may solve including supplier enablement, PO/ASN/invoice document exchange, catalog/content management and most recently, supply chain financing.<br />
There are lots of vendors in the P2P sector that only have partial “network” solutions to overcome some of these challenges, but are realizing strong growth and adoption regardless — and growing at a faster clip than other network-driven models. Coupa is the quintessential provider that comes to mind in this regard. Consider how Coupa’s growth on the new customer front significantly outpaced Ketera’s in the P2P area in the past year — probably by a factor of at least two (Ketera pushes a network-driven model while Coupa sells a solution first and foremost).”</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/how-much-do-supplier-networks-matter/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Coupa – Series D Round to Accelerate Growth</title>
		<link>http://www.inthecloud.com.au/coupa-%e2%80%93-series-d-round-to-accelerate-growth</link>
		<comments>http://www.inthecloud.com.au/coupa-%e2%80%93-series-d-round-to-accelerate-growth#comments</comments>
		<pubDate>Wed, 02 Mar 2011 21:02:16 +0000</pubDate>
		<dc:creator>cloudadmin</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[e-procurement]]></category>
		<category><![CDATA[expense reporting]]></category>
		<category><![CDATA[spend management]]></category>

		<guid isPermaLink="false">http://www.inthecloud.com.au/?p=200</guid>
		<description><![CDATA[Coupa Software, developer of category-disrupting cloud spend management (CSM) solutions, announced it has closed a $12 million Series D round of funding to accelerate the transformation of the e-procurement and expense management industry. Mohr Davidow Ventures led the financing, and General Partner Bryan Stolle will join the Coupa Board of Directors. Previous investors El Dorado [...]]]></description>
			<content:encoded><![CDATA[<p>Coupa Software, developer of category-disrupting cloud spend management (CSM) solutions, announced it has closed a $12 million Series D round of funding to accelerate the transformation of the e-procurement and expense management industry. Mohr Davidow Ventures led the financing, and General Partner Bryan Stolle will join the Coupa Board of Directors. Previous investors El Dorado Ventures, Battery Ventures, and BlueRun Ventures also participated in the round.</p>
<p>As corporates increasingly focuses on being smarter and more efficient with business spending, Coupa addresses procurement and expenses needs head on by delivering a level of visibility and control over spending that never existed before. Coupa combines e-procurement and expense management capabilities into a single solution that is easier to use, faster to configure and deploy, and more cost-effective than anything available today. Innovations like cross-company benchmarking, consolidated executive dashboards, and numerous mobile review and approval capabilities deliver value that sets Coupa apart from the competition. Adoption of the Coupa Cloud Spend Management Platform exploded in 2010 with monthly recurring revenue growing 156% year-over-year, placing Coupa among the fastest-growing software-as-a-service (SaaS) companies.</p>
<p>“We are committed to providing a frictionless user experience that guarantees instant adoption. Without employee usage, you cannot get spend under management. And if you do not have spend under management, you lack the visibility you need to make intelligent decisions about future spending,” said Rob Bernshteyn, CEO of Coupa Software. “Forward-thinking companies are embracing and realizing significant savings by leveraging our cloud spend management solutions.”</p>
<p>As the only true multi-tenant cloud spend management solution, Coupa distinguishes itself from the competition by providing unmatched usability and a long list of disruptive innovations like budget impact notifications on pending requisitions and expense reports, robust mobile capabilities (including dedicated iPhone applications), the ability to tweet RFQs, automated expense report scoring, expense line notifications that thank employees for “being frugal” when the expense is well below the category average (and warn them when those expenses “seem a little high”), integration to Salesforce.com that allows sales users to associate expenses with active opportunities, Google Maps integration for calculating mileage expenses, and iRequest, which allows users to requisition items from anywhere on the web.</p>
<p>“Coupa has emerged as a significant player in not only the e-procurement and expense management space, but as a disruptive innovator in the cloud ecosystem in general,” said Jonathan Ebinger, Partner at BlueRun Ventures and Coupa’s initial backer. “By empowering organizations to spend less, reduce operating costs and improve visibility and spend predictability, they are truly shifting the paradigm in terms of how companies buy, spend and manage these expenditures from an overall corporate finance perspective.”<br />
Coupa’s customers span businesses of all sizes from across industries – from Rent-A-Center, Michaels Stores, Pandora, and Berkshire Bank, to Diagnostic Health, Williams Sonoma, and the leading global foodservice retailer in the world – affirming the universal appeal and significant adoption of the Coupa Cloud Spend Management platform. Overall active users on the platform grew eight-fold in 2010.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.inthecloud.com.au/coupa-%e2%80%93-series-d-round-to-accelerate-growth/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

