Coupa Acquires Tonkean to Expand AI Spend Management

Coupa is expanding its agentic artificial intelligence ambitions with the acquisition of Tonkean , a deal aimed at making procurement and global trade workflows more autonomous from request to payment. The cloud-native spend management company said Wednesday (May 21) that it acquired Tonkean , an AI-native intake and orchestration platform used by enterprise procurement, legal and internal service teams. Coupa said the deal strengthens its ability to offer “Agentic-as-a-Service” capabilities acr