Coupa Software Inc.

Adam Alphin

Rohit Jalisatgi

Rajiv Ramachandran

Matt Pasquini

David Williams

Tushar Rawal

Matthew Pasquini

Faraz Ahmed Qureshi

Thomas Brent Knott

In an embodiment, a computer-implemented method comprises storing invoice data comprising a plurality of invoice objects, each invoice object comprising a digital programmatic object that is maintained in computer memory, each invoice object comprising one or more data fields that are programmatically linked to and storing data for an invoice between a supplier account and a buyer account, the one or more data fields including a remittance address that specifies an address to which a payment is to be sent; determining, based on the plurality of invoice objects, a set of unique remittance addresses, each unique remittance address of the set of unique remittance addresses associated with a distinct supplier account; generating a first set of payment objects based on the set of unique remittance addresses, each payment object of the first set of payment objects associated with a unique remittance address of the set of unique remittance addresses; determining, based on the plurality of invoice objects, that a particular unique remittance address of the set of unique remittance addresses is associated with multiple buyer entities of a particular buyer account; in response to determining that the particular unique remittance address of the set of unique remittance addresses is associated with the multiple buyer entities of the particular buyer account, generating a second set of payment objects, each payment object of the second set of payment objects associated with the particular unique remittance address and a distinct buyer entity of the multiple buyer entities; causing multiple payment transactions based on the first set of payment objects and the second set of payment objects.

Automatic payment batching and release in an online procurement system

A programmed computer-implemented method allows enterprises to pay transactions using a virtual credit card at the time of an approved purchase order. The approach maintains corporate controls relating to requisitions and purchase orders, eliminates the need for electronic invoicing, and automates the accounting and reconciliation of virtual credit card charges. For example, a particular line item in a card statement, representing a particular charge event, is automatically reconciled to the correct purchase order. For another example, each charge represented in a card statement can be associated with the supplier that is identified in a corresponding PO. Therefore, a computer graphical user interface (GUI) can show vendor identification at any time, whereas most buyers are not able to see the true vendor in spend data on a credit card charge, as the vendor is typically just represented as the issuing bank.

Automatic virtual purchase card charge reconciliation against requisition in an online procurement system

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Suffolk, VA, United States of America

Adam Alphin