Why Coupa Spending Index May Be a Leading Indicator of Growth

Why Coupa Spending Index May Be a Leading Indicator of Growth

Coupa Software (NASDAQ:COUP), a pacesetter in enterprise spend administration (BSM), at this time introduced the launch of the Coupa Business Spend Index (BSI), a number one indicator of financial development primarily based on present enterprise spending choices of a whole bunch of companies.

Leading Indicator: A leading indicator is a measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators are used to predict.

Launched the Coupa Business Spend Index (BSI), a leading indicator of economic growth based on current business spending decisions of hundreds of businesses. The Coupa BSI is a 100% behavior-based index based on three key spend factors: (1) average rate of spend approval/rejection, (2) average time to approve spend decisions, and (3) average spend per person.

Today’s leading and lagging indicators just aren’t enough. For a better prediction, look to data on how companies are spending, Coupa CEO Rob Bernshteyn writes.

"This Spend Index really is a leading indicator of business confidence in economic growth based on their spend efficients today," Coupa CMO Chandar Pattabhiram told eWEEK. "This is a leading.

View today’s stock price, news and analysis for Coupa Software Inc. (COUP). Barron’s also provides information on historical stock ratings, target prices, company earnings, market valuation and more.

The Coupa BSI Methodology The Coupa BSI is a leading indicator of potential economic growth based on current business spending decisions of hundreds of businesses.

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Why Coupa Spending Index May Be a Leading Indicator of. Despite market uncertainty, business spending sentiment is increasing in aggregate across. Jake Adger liked this

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The composite leading indicator (CLI) is designed to provide early signals of turning points in business cycles showing fluctuation of the economic activity around its long term potential level.

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With the Standard & Poor’s 500 index up double digits since the beginning. The latest peak for this indicator for the S&P 500 occurred in May of 2013 at nearly 90 percent. Two months later it.

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