Integration of SecurityScorecard Ratings Extends Coupa Platform by Providing Improved Visibility into Cyber Risks
NEW YORK, January 6, 2021 / PRNewswire / – Security scorecard, the global leader in cybersecurity assessments, today announced that it has integrated with Coupa Software (NASDAQ: COUP) to deliver its security assessment data in the Coupa Business Spend Management (BSM) platform . Coupa has certified SecurityScorecard’s security ratings for use within its cloud-based platform that gives businesses around the world the visibility and control they need to make smarter spending decisions.
The integration makes SecurityScorecard data available in the Coupa BSM platform, allowing users to easily understand and measure the cybersecurity posture of any organization. Through integration, procurement professionals can:
Evaluate the cybersecurity posture of the supplier: View the overall score, the 10 factor scores of the data that make up a vendor’s SecurityScorecard security score, as well as the results associated with each factor
Evaluate the historical performance of a supplier: With 6 months access to a supplier’s score history, Coupa users can understand a company’s historical performance
Prioritize suppliers for review: Use SecurityScorecard Security Ratings to determine preferred vendors for further reviews based on their cybersecurity risk posture
Establish the minimum required scores: Determine SecurityScorecard base scores for vendors, then leverage ongoing monitoring to ensure vendors stay on track
Engage suppliers: Invite vendors to join SecurityScorecard for free so they can improve scores by acting on problem-level resolution tips
“As more organizations work with an increasing number of third parties and expand their own digital footprint, it is now imperative to measure cybersecurity risk at scale,” said Roger goulart, senior vice president of business development and alliances at Coupa. “We are proud to integrate with SecurityScorecard to provide our customers with even deeper insight into cybersecurity risks and enable them to instantly assess, compare and monitor the cybersecurity posture of their vendors. “
As a certified CoupaLink solution, the SecurityScorecard integration for Coupa meets the requirements established by Coupa through its CoupaLink Certified Technology program. The CoupaLink program enables software partners to create complementary solutions that easily connect to the Coupa platform. Customers benefit by optimizing their business spend and reducing business risk while reducing the cost of integrating third-party software.
“Connecting SecurityScorecard security ratings to the Coupa enterprise expense management platform provides our joint customers with a simplified way to increase their visibility into vendor risks and reduce their overall risk exposure,” said Randy Streu, vice president of strategic alliances at SecurityScorecard. “We look forward to our relationship with Coupa to further help customers transform the way they assess vendor eHealth as a critical part of managing their business spend. “
Coupa, Coupa Business Spend Management (BSM), CoupaLink and all Coupa logos are trademarks or registered trademarks of Coupa Software, Inc. All rights reserved.
SecurityScorecard is the global leader in cybersecurity assessments and the only service with over one million companies continuously assessed. Founded in 2013 by security and risk experts Dr. Alexandre yampolskiy and Sam kassoumeh, SecurityScorecard’s patented scoring technology is used by more than 1,000 organizations for enterprise risk management, third party risk management, board reporting, due diligence and cyber insurance underwriting . SecurityScorecard continues to make the world a safer place by transforming the way businesses understand, improve, and communicate cybersecurity risks to their boards, employees and vendors. Every company has the universal right to its reliable and transparent assessment of the Instant SecurityScorecard. For more information, visit securityscorecard.com or connect with us on LinkedIn.
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