Coupa buying Hiperos: Acquisition Facts, Analysis and Insight [PRO]

Just this morning Coupa announced it was acquiring Hiperos as a carve-out transaction from Opus, which previously owned the supplier management, compliance and risk management solution provider. This Spend Matters PRO analysis provides background and quick facts on Hiperos. It also offers analysis and insight on what the transaction brings to Coupa from a capability perspective and attempts to answer the question: Why Hiperos?

Subsequent Spend Matters subscription briefs (PRO and SolutionMap Insider) will provide insight and analysis of the transaction by exploring the competitive implications of the acquisition for the supplier management and compliance market, offering additional customer insight and recommendations and providing a “Head-to-Head” analysis of Coupa and Hiperos from a supplier-management capability perspective.

Read this briefing to find out more about what Coupa is getting and possible reasons behind the Hiperos deal.

Coupa to Buy Hiperos – Adds Supply Chain Risk Management to the Suite

You may have heard this morning that business spend management firm Coupa has agreed to yet another acquisition: Hiperos, a third-party risk management provider. This is hot on the heels of the firm’s acquisition of Aquiire in October. Hiperos, a division of Opus, will give businesses “the advanced technology they need to extensively evaluate the risk of their full supplier base to further protect their brand and bottom line,” the press release says. The cloud-based application adds another string to the Coupa bow – users will be able to manage third-party risk, including that related to information security, bribery and corruption, and new data privacy regulations like the General Data Protection Regulation (GDPR). It will be known as Coupa Risk Assess. We have not yet had a full briefing but we understand it will enable an assessment of suppliers early on (prior to contract) and of the work they have carried [...]