ancora's AP Automation Software for Coupa Certified as Coupa Business Spend Management Platform Ready

ancoraDocs Is Now Available in the Coupa App Marketplace, Extending Coupa's Platform and Improving Invoice Processing Time and Accuracy for Coupa Customers

SAN DIEGO, June 7, 2023 /PRNewswire-PRWeb/ -- ancora Software, Inc., a leading provider of intelligent process automation solutions including Intelligent Document Classification and Advanced Data Capture, today announced it will offer ancoraDocs for Coupa in the Coupa App Marketplace, connecting businesses with certified, pre-built solutions. Coupa Software certified ancoraDocs for use within the Coupa Business Spend Management (BSM) Platform, its cloud-based platform that empowers companies around the world with the visibility and control they need to make smarter spending decisions.

ancoraDocs for Coupa automates invoice processing for non e-invoicing suppliers, capturing data directly off the invoice and validating the supplier and purchase ordering information in the process. Data is then uploaded to Coupa. ancora Software's patented unassisted and assisted machine learning algorithms continuously learn, helping users reduce processing labor by up to 85% and reducing overall costs while reducing errors by nearly 100%.

"With companies across industries continually being challenged to be more efficient, the need for automated non-e-invoice processing is now imperative," said Nigel Pegg, VP & GM of Coupa Platform and App Marketplace , at Coupa. "We're proud to have ancora Software on the Coupa App Marketplace to give our customers even greater speed and accuracy in invoice processing, to improve efficiency and save costs."

As a certified CoupaLink solution, ancoraDocs for Coupa meets the requirements established by Coupa through its CoupaLink Partner Program and is available in the Coupa App Marketplace. The CoupaLink Partner Program enables software partners to build complementary solutions that easily connect into the Coupa platform. Customers benefit by discovering and connecting solutions to optimize their business spend and mitigate business risk while reducing the cost of third-party software integration.

"Connecting ancoraDocs for Coupa into the Coupa Business Spend Management Platform gives our customers a streamlined AP experience that reduces time, human touch points, and cost," said Nick Bova, Vice President of Sales and Marketing, ancora Software. "We are proud to be part of the Coupa App Marketplace and a trusted CoupaLink technology partner. We look forward to our relationship with Coupa to further help customers transform invoice processing."

For more information on ancoraDocs for Coupa and how it can help companies transform their accounts payable process, visit the Coupa App Marketplace at marketplace.coupa.com.

Coupa, Coupa Business Spend Management (BSM), CoupaLink, and all Coupa logos are trademarks or registered trademarks of Coupa Software, Inc. All rights reserved.

About ancora Software, Inc.
ancora Software, Inc. is an innovative provider of Intelligent Process Automation solutions including Intelligent Document Classification and Data Capture. Its flagship product, ancoraDocs, simplifies document capture. ancora Software's patented artificial intelligence and machine learning technologies help organizations eliminate costly manual steps in their business processes such as document classification, document analysis, manual data entry, and manual filing. Organizations using ancora Software achieve faster and less expensive business process automation and better controls over their mission-critical information. Headquartered in San Diego, CA, ancora Software maintains sales and support operations throughout North America and in the United Kingdom. For more, visit http://www.ancorasoftware.com.

Media Contact

Nick Bova, ancora Software, Inc., 614-496-6688, nbova@ancorasoftware.com

SOURCE ancora Software, Inc.