Telenor
Customers / Telenor
Industry
Telenor leverages Coupa to effectively manage $5 billion in spend
With Coupa, Telenor deployed a more user-friendly procurement system that gave increased visibility into its spend, put an end to bottlenecks, and improved cash flow management.
Company Overview
Telenor is a Norwegian, state-owned, multinational telecommunications company, focused primarily on the Scandanavian and Asian markets.
Headquarters
Fornebu, Norway
Employees
10,000-25,000
Customer Website
Value as a Service
6 day
invoice cycle time
$5B
of spend managed yearly
360
degree view of supplier relationship
Challenge
Managing $5 billion in spend
Eliminating inefficient invoice cycle times
Achieving strategic vision to be touch-free
Solution
Result
Reduced invoice cycle time by three weeks
Organized user groups that help build community and increase adoption
Ability to make better decisions because of visibility into spend