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Wednesday, December 05, 2018 7:30:06 PM
Cloud player Coupa Software 's business is firing on all cylinders as more enterprises become aware of its money-saving technologies, the company's Chairman and CEO, Robert Bernshteyn, told Cramer in a Tuesday interview.
"We're seeing gross margin expansion, we're seeing subscription margin expansion, we're seeing scale to the business, and we're now managing nearly $1 trillion of spending and management for companies around the world," the CEO said after his company reported third-quarter earnings.
In addition to its new customer acquisitions, which include the high-profile United Airlines , Coupa has also begun leveraging artificial intelligence to better serve its corporate clients, the CEO said.
"Enterprise software hasn't ever been able to bring this much community intelligence to bear for helping individual customers make decisions" by using A.I., Bernshteyn told Cramer.
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