Coupa Business Spend Management

Comprehensive Business Spend Management

Coupa’s cloud-based suite of Business Spend Management applications lets customers gain visibility and control over 100% of their spend. Customers get the usability, flexibility, and compliance they need for BSM success on a highly scalable, secure, and available cloud platform.

Key Benefits

Coupa allows everyone across your company, as well as your suppliers, to conduct all of their business spend activities in one place allowing them to:

• Manage the entire source-to-pay process electronically—spend analysis, sourcing, contracts, purchasing, invoices, and payments—all conducted in the same unified platform
• Collaborate with suppliers via the platform for more effective relationships
• Optimize the Supply Chain with digital twin and continuous design capabilities
• Optimize Travel and Expense management with booking, continual price monitoring, expense reporting and employee reimbursements
• Optimize all types of spend with tools for complex sourcing, enterprise-wide contract management, third-party risk mitigation, as well as contingent workforce and supplier management

Mobility

Coupa is designed and optimized for mobile devices. Whether creating purchase reqs, approving requests, flipping POs into invoices, or creating and submitting expense reports, Coupa enables you to spend smarter from anywhere.

Procurement

Coupa Procurement provides capabilities for an organization to create a consumer-like shopping experience for their employees, allowing them to requisition and purchase goods and services.

• Easy to use BSM platform on desktop or mobile app
• Reduce cycle times with requisition approvals as easy an email
• Governance to control spend
• Load supplier catalogs to increase spend with key suppliers
• Identify spend against budgets in real-time
• Enable end-users with visibility into the requisition status

Invoicing

Coupa Invoicing provides organizations with a solution for managing their accounts payable (AP) processes through efficient, accurate, and automated invoice processing.

• Reduce paper invoices with supplier e-invoicing
• Touchless invoicing billing & processing
• Improve compliance with three-way invoice matching
• Controls to optimize cash on hand

Pay

Coupa addresses the challenges of manual processes and disparate systems with an all-in-one solution to completely digitize the payment process for companies and their suppliers. 

Expense

Coupa Expense is a comprehensive T&E solution designed to help businesses better capture, manage, validate, and analyze expenses across the organization. Whether capturing expenses from expense reports, purchasing cards, or travel bookings on a preferred booking solution, companies can gain greater control of their expenses by leveraging Coupa’s intelligent insights and capabilities. This helps to drive greater savings, reduce fraud and ensure global compliance. *Encourage smarter employee spending with dynamic policy controls *Increase employee efficiency with an easy-to-use mobile app, GPS-based mileage tracking, and SmarterTrip guided expense entry *Drive greater savings with targeted recommendations and benchmarking backed by Coupa Community Intelligence *Increase budget control by setting spend limits before employees travel with pre-trip approvals *Encourage a culture of stewardship over spend with frugal meter and report scoring to drive the right user behaviors *Ensure global access and compliance with support for 150+ currencies and 20+ languages *Ensure seamless workflows with integrations to best-in-class travel management solutions and all major corporate cards *Digitize entries from a receipt with OCR and automatic email parsing

Sourcing

One of the best things a company can do is invest good time and resources in their sourcing efforts because often sourcing is the easiest way to deliver value at scale to your organization

• Coupa Sourcing allows organizations to create, host and manage sourcing events.
• Creating sourcing events with time frames, supplier questionnaires, and more.
• Linking events to projects, so RFIs, RFPs, RFQs and reverse auctions can be grouped and viewed by projects
• Request company, legal and pricing information in various formats such as inline or attachments
• Flexibility to run a variety of sourcing events such as reverse auctions, two envelope bidding, open public sourcing events, reverse dutch auctions, & more.