Coupa Software


 

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.

 

Coupa Cloud Spend Management - Guide users to preferred vendors.
 
  • Coupa Cloud Spend Management - Guide users to preferred vendors.
    Guide users to preferred vendors.
  • Coupa Cloud Spend Management - Requisition from virtually any website.
    Requisition from virtually any website.
  • Coupa Cloud Spend Management - Measure and accurately calculate mileage.
    Measure and accurately calculate mileage.
  • Coupa Cloud Spend Management -  Benchmark performance against the community.
    Benchmark performance against the community.
  • Coupa Cloud Spend Management - Educate employees on spend limits.
    Educate employees on spend limits.
  • Coupa Cloud Spend Management - Track savings across five areas.
    Track savings across five areas.
Supported Operating System(s):
Web browser (OS agnostic)

1 Review of Coupa Cloud Spend Management

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from JR Watkins Corporation
Specialty: Consumer Packaged Goods
Number of employees: 201-500 employees Employees number: 201-500 employees

We should have done this years ago!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Ease-of-use
Functionality
Functionality
Product Quality
Quality
Support

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.

Pros

Ease of use; supplier portal

Cons

Currently the phone application does not allow a user to create a requisition

Advice to Others

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)

 
 
 
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