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Coupa closes $80m funding to bolster financials in the cloud

Coupa secured $80m in its latest funding round

Cloud-based provider Coupa has secured $80m in a funding round led by T. Rowe Price Associates and Iconiq Capital, bringing total investment raised by the startup to $165m.

Accenture, Ariba partner on cloud-based BPO for accounting

Ariba and Accenture are partnering on cloud-based BPO softare development for financial services and accounting

Systems integrator Accenture and SAP-owed Ariba Networks announced a collaboration Thursday that will see the two companies target jointly developed cloud-based business process outsourcing (BPO) software at the financial services and accounting sectors. The move follows another recent SAP and Accenture partnership that focuses on cloud, M2M and big data vertically-specific solutions.

Cloud spend management provider Coupa raises $40m

Coupa, which competes with incumbents like SAP and Oracle, raised $40m in its latest round of funding

Coupa, a provider of cloud-based spend management software announced this week that the company has secured $40m in a round of funding led by Meritech Capital, bringing its total take since its founding in 2006 to $87.5m. The company said the latest round of funding will help the company grow its cloud-based financial management software and eclipse other providers.