Coupa, the leading platform for autonomous spend management, announced continued agentic momentum in Q2, including new AI products and agent offerings. Coupa Compose and Catalyst, launched at Inspire in May 2026, demonstrated strong adoption among customers in particular.
And Coupa’s recent acquisitions, Rossum and Tonkean, are now fully unified and integrated into its leading source-to-pay platform, providing strength and power to its AP Automation, Intelligent Document Processing (IDP) and Intake and Orchestration (I&O) capabilities. With this powerful, autonomous spend stack, customers are well-positioned to realize real ROI from Coupa AI.
“Coupa’s one-of-a-kind, autonomous spend management platform delivers transformational value and outcomes for companies of all sizes. Coupa AI is uniquely powered and informed by domain-specific language models that are trained on over $10.5T of proprietary spend data,” said Salvatore Lombardo, Chief Product and Technology Officer at Coupa. “The next phase of agentic AI won’t be won by whoever has the most agents or best orchestration story, but by combining trusted enterprise context with deep domain expertise that can autonomously execute work and deliver measurable outcomes. This is the value we are laser-focused on providing to our customers,” said Lombardo.
In Q2 FY27 alone, Coupa managed nearly $500B in total spend and generated $16.7B in savings for its customers by enabling 11.5 million buyers and suppliers in its network to transact more seamlessly.
Q2 FY27 Performance Highlights:
- 58 new customers were added in Q2, up from 47 in Q1, including Uzabase and Daiichi Sankyo Healthcare.
- 294 customers renewed or expanded their use of Coupa.
- Dozens of customers accelerated their use of Coupa Compose to gain the full value of agentic AI.
- Over 140 Coupa customers either requested or completed a Catalyst workshop to bring tactical agentic AI knowledge to their organizations.
- More than 400 custom agents were built using Navi Agent Studio, expanding on the 130-plus Navi agents built during Coupa DevCon at Inspire Las Vegas in May 2026.
- Coupa was named a Leader in the 2026 Gartner® Magic Quadrant™ for Accounts Payable Applications and was the only vendor named a Customers' Choice in the July 2026 Gartner® Peer Insights™ Voice of the Customer for Source-to-Pay Suites.
