Coupa, a margin multiplier company, and Bottomline, a business payments company backed by Thoma Bravo, have partnered, looking to simplify digital payment processes for businesses.
Coupa can now connect to Paymode-X, Bottomline’s business payments network that offers Premium ACH, to automate payments from buyers to suppliers. Coupa Pay offers a platform for managing all business payments across different countries and currencies. By utilizing the Premium ACH offering, customers look to optimize their payment stack, improve payment security, receive more payment rebates,and drive their source-to-pay experience.
“This partnership with Coupa and Bottomline optimizes payment processes and drives business results at scale,” states Bill Wardwell, general manager of Coupa Pay and Treasury. “By automating the entire payment lifecycle through Bottomline’s secure payments network, businesses also benefit from stronger supplier relationships by improving payment timeliness and providing better data visibility.”