Coupa Software (NASDAQ:COUP), a leader in cloud-based spend management, today announced it ranked 105 on Deloitte's 2016 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Coupa improved its ranking by five from last year when the company came in at 110. Coupa's Chief Executive Officer Rob Bernshteyn credits the company's ranking to its relentless focus on "value as a service" - the simple idea of offering its customers quantifiable, measurable improvement for long-term success. "By working closely with our customers to develop a common vision of what success looks like, we can provide measurable value at each juncture of our relationship," Bernshteyn said. "Whether it's user adoption, compliance, visibility or other metrics, this value has resulted in Coupa delivering billions in savings to our customers. The 2016 Technology Fast 500™ award is tangible validation of our focus to help businesses meet their goals." "Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. "This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls." "This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors."