Coupa Software, headquartered in San Mateo, Calif., And Japan Cloud, headquartered in Tokyo, form a joint venture called Coupa KK to expand the adoption of Coupa Business Spend Management offering in Japan. This emerges from a press release.
Coupa’s general manager will be Takashi Ozeki, who comes to the company from the Japan Cloud, according to the press release.
“We are honored to already have some of the leading Japanese companies such as Hitachi Transport, Sumisho Global Logistics, Mitsubishi Heavy Industries Group and Nippon Express as our customers, and look forward to expanding our relationships with the wider local business community over the months and years deepen ahead, ”said Rob Bernshteyn, Chairman and CEO of Coupa, in the press release.
Japan Cloud’s business, according to the press release, includes helping foreign companies scale up in the sometimes difficult-to-follow Japanese market. His clients include Salesforce, Marketo, New Relic, BlackLine, WalkMe, nCino and Braze.
“Smart spend management is a must for Japanese companies as they adapt to a world of remote work and complex supplier relationships,” said Aruna Basnayake, CEO of Japan Cloud, in the press release. “Japan Cloud is pleased to partner with Coupa to play an active role in scaling their Japanese operations and making their comprehensive business spend management platform the standard for Japanese businesses.”
Ozeki said in the press release, “My vision has always been to help Japanese companies be at the forefront of digital transformation. With Coupa KK, I look forward to helping the Japanese business community transform their supply chains and apply spend management practices to maximize the value of every dollar they spend. “
Ravi Thakur, executive vice president of Coupa, told PYMNTS in January that manual financial transaction removal systems are rapidly gaining adoption across the industry.
“The way we’re going to see companies moving money five or ten years from now isn’t going to be a differentiator or an exception,” he said. “Right now we offer companies a differentiator in the way they want to work. But that continues to evolve. This is how companies should work. “
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