Coupa Cloud Spend Management combines deep knowledge of e-procurement and expense management with a cutting-edge cloud computing architecture to help businesses spend smarter and save more. It brings industry leading innovations in intelligent expense report auditing, real-time benchmarking and Internet crowd sourcing to companies looking for a simple, intuitive, cost-effective spend management solution.
Coupa procurement software can be configured for a number of industries, including apparel, biotechnology, food & beverage and pharmaceuticals.
Coupa helps businesses stay within budget with its Executive Dashboards and Alerts, which provide real-time updates and actionable intelligence to control spending. Its intelligent audit scoring reviews those reports most likely to be in risk of fraudulent activity or out of compliance. Coupa simplifies the procure-to-pay process and also actively encourages all employees to contribute to cost-saving initiatives.
It has some really great features to make life easier. Its iRequest function lets users search the Internet for great deals, then automatically add the best-priced item to requisition with the click of a button. It also integrates with Google Maps, so that employees can enter their start point and destination and Coupa uses the company's standard rate to determine the amount to be reimbursed. It also has a great tool, real-time Benchmarking, in which businesses can instantly quantify savings generated and benchmark that performance against eighteen market-specific indicators.
For companies looking for a web-based e-procurement and expense management solution that is simple, customizable and budget-friendly, Coupa software provides innovative features and solid functionality.
Marsha from JR Watkins Corporation
Specialty: Consumer Packaged Goods
Employees number: 201-500 employees
Our company was stuck in an antiquated paper-based system of tracking indirect spend. Originally it was fine, as managers were able to keep up with their approving responsibilities. As time went on and the company grew, managers backed off of this responsibility and invoices were coming in without any purchase orders, let alone signed ones. Time for a change. I researched many indirect spend, procure-to-pay software systems until we decided on Coupa. We are very happy with the program. Not only does it put the responsibilities back on the requestors and the approvers, we have opened up more time for our Accounts Payable Clerk to handle other meaningful tasks.
Ease of use; supplier portal
Currently the phone application does not allow a user to create a requisition
The software is perfect for small to medium sized companies. The features of this software are very user friendly and the functionality is easy to understand. With that said, it is a relatively simple software with not tons of bells and whistles that a larger company may be more interested in (i.e. electronically able to "read" an outside invoice)
Valerie from Five9
Employees number: 1,001-5,000 employees
I find Coupa to be very easy and straightforward. I do find that I have difficulty editing when I need to go back. It seems I have to delete the entire Coupa that I submit when I need to make a change, and end up starting from scratch.
It is quick and easy to use.
I find that it is difficult to make edits to the coupas after I have submitted them. I also think that the feature to alert the people who need to approve the Coupa, is lacking. Even if I put a date that I need the Coupa by, I feel like it doesn't register enough with the people who need to approve it. Maybe have some reminders?
bobby from isdc
great tool for corporate purchasing. helping keep expenses down and optimizing supply chain. love it.
Scott from Sprouts Farmers Market
Easily one of the most user friendly P2P systems on the market. If you're looking for high adoption rates from your user group, this is the tool for you. The platform is highly, yet easily configurable regardless of the industry you're in (Grocery Retail for me). Majority of the configuration is done through CSV files by the on-site Admin so there's little downtime in waiting for your off-site service provider to add items, build vendors, perform system maintenance. Con is that you need a stable ERP to really take advantage of all of the functions.
I have been using Tripscanner for some time and have found it extremely easy to use, the reports are very easy to understand and have very relevant information. It took me almost no time to get set up and start using the service. It is a great value, as the price is very low, yet it gives you very valuable information and it can also save you money on hotels, car rentals.
TripScanner is perfect for small businesses that don't have the bargaining power to negotiate deals with corporate travel providers. Now, my employees can book their flights and hotels from practically any website and TripScanner makes sure that all their trips are within the company policy.
Easy to use
TripScanner has been an excellent way for me to help manage my company's travel expenses and policies. I've been using TripScanner for a few months and am impressed by the comprehensive reporting and ease of use. I previously had some issues with high travel costs caused by employees not adhering to our policies, but now I receive real time alerts if they go out of policy and can correct the situation immediately. Also with the Low-Price Scanner feature we have been able to spot deals and save money on hotels.
Quick and easy to setup. Real time reporting. Very easy for my employees to use.
We started using tripscanner very soon after it's beta launch. They've been very responsive to our feedback and they have added a bunch of new stuff since then. They recently added a tool that checks for lower prices after you've booked a hotel so that you can re-book and save a few bucks.
Easy to use
Useful alerts and reports
Could not yet scan some foreign language booking receipts
Charles from Constellation Pharmaceuticals
Worth the money for the amount of time and energy that this system saves any small to medium sized organization.
Very helpful in small dynamic start-up environment. Alleviates headaches of ordering, receiving, and AP.
Scientists can concentrate on their labwork instead of worrying about whether something has been ordered.
Easy to use.
Customer Service is quick and helpful.
System could be more customizable
Lynne from Neediest Kids, Inc.
I highly recommend Coupa as an e-Procurement solution. Once you get the hang of it, it's really quite easy. And, once you do, your organization's work flow will be enhanced forever.
The most amazing part is to be able to take immediate advantage of Coupa's incredible new features, such as iRequest. Coupa is not a static company, and they are constantly updating features.
Coupa's team provides personalized service and lots of 'hand-holding'. They listen well to our needs. And, our students in need in the Washington, D.C. area are better served as a result
Coupa has helped transformed us into a 21st century organization with streamlined operations that enable us to stretch our donor dollars and help more students in need.
Neediest Kids is a nonprofit organization that works with 8 area school systems in the Greater Washington, D.C. area. We provide emergency funds to these school systems to purchase the basics - new clothes, school supplies, medical or dental care, eye exams and glasses, and more - so students (K-12) can stay in school and thrive.
Coupa's system has moved Neediest Kids from a traditional paper-based system of authorizations and receipts with school professionals spending their own time to shop for items for their students in need. We operate now through a web-based process of issuing POs that go directly to vendors with products shipped directly to school professionals. Thus, we have efficient purchasing, streamlined requests to vendors, real-time product and budget tracking, invoice reconciliation, and more.
It's fast...it's internet fast!
There are always a few tweaks that could happen here and there, but we get 95% of what we need!
Darrel from Archdiocese of St. Louis
I would strongly recommend including Coupa when you evaluate e-procurement systems for your organization.
Coupa has helped to transform the St Louis Archdiocese to a more streamlined process. The Coupa tool is easy to use, streamlines the procurement process and eliminates the paper flow that was slowing down invoice payment.Coupa was also easy to implement when compare to other e-procurement tools.
No cons to report. Coupa has exceeded our expectations.