Coupa’s Business Management Platform Receives FedRAMP ‘Moderate’ Authorization
Software company Coupa has secured the “Moderate” authorization from the Federal Risk and Authorization Management Program for the Coupa Business Spend Management for Federal platform. As part of the milestone, the company’s products are now available in the FedRAMP marketplace.
The authorization allows the company to expand its services to federal agencies. The company offers an all-in-one, cloud-based platform that now includes rigorous cybersecurity standards established by the U.S. government and the Department of Defense for cloud solution providers.
The U.S. Federal Reserve System Board of Governors was the federal sponsor for the FedRAMP authorization, Coupa said.
According to Jon Stueve, chief legal officer at the software company, Coupa had to meet over 300 security and compliance benchmarks to secure the authorization. He also touted the ability of Coupa’s software suites to give agencies a more simplified and efficient way of improving operations.
FedRAMP is a standard cybersecurity and risk management program that ensures that commercial cloud offerings are safe for government users.
Coupa unifies siloed back-office processes across the supply chain, procurement and finance sectors and gives operators the ability to react to changing needs at a rapid pace. The company’s offerings are being used by over 2,500 organizations around the world to maximize digital transformation investments.
Coupa offers products and solutions to maximize supply chain, automation, procurement and business spend management operations. It is headquartered in San Mateo, California, and has multiple offices within and outside the U.S.
Category: Digital Modernization
Tags: Coupa Coupa Business Spend Management for Federal digital modernization Federal Risk and Authorization Management Jon Stueve US Federal Reserve System Board of Governors