Coupa Accelerates Intake and Orchestration in Global Commerce with Acquisition of Tonkean

FOSTER CITY, Calif. — May 21, 2026 — Coupa, the leader in autonomous spend management, today announced the acquisition of Tonkean, a pioneer in intake and orchestration platforms. This acquisition makes Coupa the only company to offer fully integrated 'Agentic-as-a-Service' capabilities, enabling autonomous workflow automation across a global network of over 3,500 buyers and 10 million suppliers. Coupa CEO Leagh Turner stated that the acquisition is a game-changer for the market, as it integrates Tonkean’s technology into Coupa’s platform to create a unified agentic architecture. Tonkean features a 100% no-code process builder and over 250 native connectors, allowing for advanced orchestration without disrupting existing IT systems. By leveraging multi-agent orchestration, the platform is expected to reduce cycle times by 50% and save operations teams over 30 hours per week. An online event showcasing the new integrated experience is scheduled for June 4.