In December 2022, Thomas Bravo acquired the public company Coupa and took it private. In November of the following year, Leagh Turner became the new chief executive officer of Coupa. Coupa is a supplier of spend management solutions.
AI has matured, and that data can be mined even more effectively to provide community-powered KPIs for best-in-class performance across procurement, invoicing, expenses, payments, and Coupa also has a supply chain collaboration solution that runs on the platform. This solution provides for purchase order collaboration. At the analyst day presentations, Donna Wilczek, EVP strategy and innovation, and Fang Chang, chief procurement officer at Coupa, announced the company was launching forecast collaboration and AI-driven purchase order collaboration intelligence as the newest solutions in the supply chain collaboration product line.