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Top 10 Procurement Software Vendors: Coupa Software

Coupa Software features in the Top 10 Procurement Software Vendors in this month’s edition of Supply Chain Digital. We’re taking a closer look at the company here to find out why.

The company’s unified platform lets businesses see everything they need in one transparent, user-centric, end-to-end, efficient, community-powered place. Coupa innovation philosophy is to transform the way that businesses manage their spend. 

In partnership with the Business Spend Management Community, Coupa co-creates new and unique capabilities to empower customers, partners, and suppliers with increased visibility, actionable insights, and solutions to manage their spend.

Coupa Software’s services

Coupa’s procurement solutions bring the ease of consumer shopping to your procurement experience. By implementing a single solution to procure all goods and services, Coupa helps you achieve full visibility, control and management of your procurement spend, whilst saving valuable time and money.

Businesses can simplify purchase requisitions and order processes using Coupa’s platform. Real-time tracking also helps to see pre-approved spend flowing through the supply chain. The company promises complete visibility of purchase-to-pay processes, which grants the control required to ensure compliance. 

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What can it offer?

Coupa’s procurement software can help to provide employees with a guide across the buying process, with suggestions, services, and alerts on offer. Coupa Open Buy is included in the Coupa procurement solution, and eliminates rogue spending whilst increasing savings by providing a centralised area to compare items.

With real-time budget management, and a AI and machine learning-powered solution for detecting fraud, Coupa allows organisations to efficiently and effectively manage their business spend. 

Coupa’s procure-to-pay solution is one of the industry’s leading applications. The cloud-based service allows businesses to improve visibility into spend, helping them make better purchasing decisions and increase efficiency of AP processes. This solution can be essential to companies looking to create savings that impact the bottom line.

Why should buying things at work be any different to purchasing at home?

Coupa believes that it shouldn’t be. Coupa Procurement is a direct result of the company aiming to make shopping at work feel identical to shopping at home, saving time, money and other valuable resources. A unified suite, Coupa Software provides businesses with 360-degree visibility of all of the spending that happens in a company, from the top to the very bottom, with every expensed item included. This visibility gives organisations the ability to see where the spending is coming from, and gives them the opportunity to potentially save.

For more information on procurement, supply chain and logistics topics - please take a look at the latest edition of Supply Chain Digital magazine.

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