In San Antonio, Texas, this September, PayStream Advisors will be holding the annual Summit conference, INNOVATE 2014. There are several things about this event that PayStream is excited about—besides the amazing city itself and besides the inspiring stories of P2P success and innovation that will be shared, there will also be some amazing P2P Innovators in attendance. Some of the best of the best in the AP and P2P automation industry are coming out to personally share their success with Summit attendees, making this not only a vital learning experience for AP and P2P professionals, but also the networking event of the year.

One of the companies who will be attending the Summit is PayStream partner, Coupa Software. Coupa will be an elemental presence among the other Innovators, especially due to their recent movements in the P2P solutions market. While they have always shown innovation and drive in their design, offerings, and customer relationships, last week they announced a new level of success. The company’s Q2 2014 results were filled with big developments and great demonstrations of the extreme effort they have put into improving every area of their business model over the past year. Some of the greatest achievements were their 100 percent increase in revenue over Q2 2013, and their >99 % subscription renewal rate which created 22 quarters of sequential subscription revenue growth.

Coupa associates the quarter’s success to their collaborative relationships with their clients and their dedication to improving their offerings based on clients’ needs. This attention to customer collaboration is one of the best practices that PayStream has recently seen being used by today’s most successful financial solution providers, and it is no wonder that Coupa is reaping the rewards of this strategy. More than 20 Coupa customers went live during the second quarter in North America, Asia and EMEA, reflecting the rapid deployment and ease-of-use benefits of Coupa’s cloud-based platform, as well as the company’s ability to maintain top-of-class customer success standards along with its scaling global growth.

“Coupa has enjoyed such consistent growth because of the unique partnership we forge with our customers in driving measurable business results,” said Rob Bernshteyn, CEO of Coupa. “We’re deeply proud of our position as the industry’s leader in cloud-based financial applications and extremely thankful to our growing worldwide customer base. Together, we are reimaging our industry and delivering real, measurable business value.”

Their business value can also be seen in their wide array of recent awards and recognitions from several leading analysts firms and publications. Based on the attributes of their Current Offerings and Strategy, Coupa was named a leader in the “The Forrester Wave™: eProcurement Q2 2014” report. They have also been recognized with a number of industry awards including AlwaysOn Global 250, AlwaysOn OnDemand Top 100, and CFO Forum Best Suppliers of 2014. Over the past year, Coupa has made a dynamic partnership with EXL, has gained ‘Built for NetSuite’ verification for their Cloud Procurement and Expense Management solutions, and has released a new application and enhancements to their products. Overall, Coupa has been pushing towards success with determination and drive, and PayStream does not see them slowing down anytime soon.

It is companies like Coupa that will make INNOVATE 2014 such an important and lasting experience for attendees. Other providers that will be attendance include Ariba, Direct Commerce, ReadSoft, and Tradeshift, and all will have vital things to share, either during the various networking events, workshops, panel discussions, or breakout sessions. We hope that our readers will register for this year’s Summit, held on San Antonio’s beautiful Riverwalk, and take advantage of this opportunity to meet AP and P2P Innovators who are transforming the financial automation market.