Coupa Application Jumps on News of Walmart Agreement

Coupa Software  (COUP) – Get Report was climbing sharply on Thursday morning just after asserting that…

Coupa Software  (COUP) – Get Report was climbing sharply on Thursday morning just after asserting that retail giant Walmart  (WMT) – Get Report had chosen the company to update its processes for getting and doing work with suppliers.

Shares of the San Mateo, Calif.-based business commit management software company jumped 10.2% to $304.31 in early buying and selling on Thursday.

 Coupa explained its Small business Invest Administration system (BSM) is expected to boost the world’s major retailer’s visibility into its world wide devote, build much better efficiencies throughout its business and push incremental personal savings in the firm’s end-to-conclude procurement method.