Is It Too Late to Buy Coupa Software?
Coupa Software's (NASDAQ: COUP) platform connects businesses with suppliers, helping them manage the way they spend money. This simplifies everything from purchasing inventory to making payments, creating operational efficiencies that lead to cost savings for customers and increased sales for suppliers.
Last year, Coupa stock surged 132%, easily outperforming the broader S&P 500. But investors haven't missed their chance yet -- here are five reasons Coupa is still a good investment.
Coupa sells its software through a subscription model known as software as a service (SaaS), meaning it's distributed through the cloud. This has two benefits: First, it creates recurring revenue in the form of subscription fees, leading to a stable business. Second, SaaS businesses are cost-effective and highly scalable. This means Coupa can grow rapidly as its customer base expands, because the company incurs very little cost to support each additional customer.
Source Fool.com
