Coupa has acquired Rossum in a move designed to strengthen artificial intelligence capabilities across its autonomous spend management platform.
The deal builds on an existing partnership between the two companies, which has focused on automating complex invoicing processes for Accounts Payable teams.
Coupa now plans to extend Rossum’s intelligent document processing (IDP) technology across its entire portfolio to speed up invoice handling, reduce operational costs and improve control over financial data across both direct and indirect spending.
Rossum’s IDP platform uses a transactional large language model (T-LLM) trained on tens of millions of documents and continuously adapts to each customer’s unique document environment, enabling businesses to enhance automation and accelerate processing times beyond those of legacy OCR-based systems.
Coupa said that integrating Rossum’s technology with its Navi agentic AI platform will enable customers to realise the full benefits of IDP across their entire source-to-pay process.
“Rossum changes the game entirely. As a strong partner since 2024, we know there is incredible value in bringing the two companies together across the entire source-to-pay function,” said Leagh Turner, Coupa CEO.
“The combined value of Coupa and Rossum has been proven in AP and invoicing, and we see massive future value in applying Rossum’s T-LLM and AI-first technology across the Coupa platform.
“We’ve been able to deliver over $300 billion in customer savings over the past 20 years. With Rossum, we believe we can help them save the next $300 billion in five with a system of decision and intelligence that is unrivalled.”
Rossum executives said the acquisition reflects a shared focus on AI-driven business transformation and will allow the combined companies to accelerate innovation in enterprise procurement and finance operations.
“Joining Coupa is the natural evolution of a years-long partnership built on a shared AI-first culture,” said Tomáš Gogár, Rossum CEO and Co-Founder.
“By combining our proprietary T-LLM transactional intelligence with Coupa’s massive $10T data set, we are well-positioned to create immediate customer value and fundamentally change how the world buys and sells.
“We’re excited to join Coupa, especially at this critical acceleration of how businesses use and adopt AI.”
