Trustpair is now available in the Coupa App Marketplace, extending Coupa’s platform and advancing vendor payment fraud prevention for enterprises
NEW YORK–(BUSINESS WIRE)–Trustpair, a leading enterprise payment fraud prevention platform, today announced it will offer global vendor bank account validations in the Coupa App Marketplace, connecting businesses with certified, pre-built solutions. Coupa certified Trustpair for use within the Coupa platform. Coupa helps teams collaborate to build more agile and sustainable operations, delivering intelligent and responsible spend strategies to meet their companies’ purpose.
Trustpair automates bank account validation globally enabling procurement and finance teams to prevent vendor fraud through secure payments and supplier onboarding. The cyber-fraud threat is surging worldwide, with 96% of US companies hit by payment fraud in 2023, and 83% involving a cyber attack. Most finance and treasury teams are fighting sophisticated fraudsters with unsophisticated manual controls*.
“Trustpair’s native and compliant integration with Coupa reduces manual controls, speeds up vendor onboarding, and positions companies to embed fraud prevention across the procurement process,” said Nigel Pegg, SVP of Platform at Coupa. “We’re proud to have Trustpair on the Coupa App Marketplace to give our customers even greater security during vendor onboarding to prevent vendor fraud.”
As a certified Coupa App Marketplace solution, Trustpair meets the requirements established by Coupa through its App Marketplace Partner Program. The 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 Trustpair into the Coupa platform gives our customers a streamlined fraud prevention experience and time-saving and secure vendor onboardings,” said Baptiste Collot, Co-Founder and CEO, Trustpair. “We are proud to be part of the Coupa App Marketplace and a trusted app provider. We look forward to our relationship with Coupa to further help customers transform vendor fraud risk prevention.”
For more information on Trustpair and how it can prevent vendor fraud, 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.
*Source: Fraud in the Cyber Era: 2024 Fraud Trends and Insights, by Trustpair & Cint, January 2024
About Trustpair
Trustpair is the leading payment fraud prevention platform for large companies worldwide. Since 2017, Trustpair has been helping finance teams secure their entire P2P process, thanks to account validation automation. The solution offers intuitive risk management and integrates directly with existing tools for more efficiency. The company raised 20 million euros in October 2022 to focus on their US expansion and R&D, staying at the cutting edge of fraud prevention technology. With the platform, more than 250 companies worldwide have avoided fraud, thanks to the most reliable account ownership verification worldwide, leveraging unrivaled validation. To learn more, visit www.trustpair.com.
Contacts
U.S. Trustpair Media Contact
Jake Scearbo
Corporate Ink for Trustpair
[email protected]
