Smarter Spending, Immediate Savings

Coupa’s mission is simple: to empower organizations to spend smarter and save money through broad adoption and use of innovative, easy to use, fast to implement and cost-effective cloud spend management applications.

That’s a mouthful! Let’s break it down:

What is Coupa Cloud Spend Management?

Coupa’s definition of Cloud Spend Management includes a single solution for managing all indirect purchases and employee expenses in the cloud. That includes both indirect purchases typically managed through an e-procurement system, and employee expenditures captured via an expense reporting process. With Coupa, companies can manage both streams of spending from a single platform built atop a common approval workflow model, a single chart of accounts, and consolidated reporting dashboards and performance benchmarking that gives managers the tools and insights they need to more effectively manage the company’s spending as it occurs. To learn more on Coupa Cloud Spend Management, click here.

Coupa E-Procurement and Coupa Expense Management

The two product pillars of Coupa Cloud Spend Management are Coupa e-Procurement, a full procure-to-pay solution, and Coupa Expense Management, an expense reporting and auditing tool.

Executive Dashboards and Real-Time Performance Benchmarking

Coupa e-Procurement and Coupa Expense Management are built atop a common approval workflow model, and chart of accounts structure in the cloud, making it possible for companies to control indirect purchases and employee expenses from one system for the first time. On top of that, though, Coupa provides consolidated dashboards that show total company spending, budget consumption (and compliance), top suppliers and more across purchases and expenses – giving managers the data they need to identify potential over-spending and course-correct before it’s too late. Coupa’s unique performance benchmarking capabilities can calculate company performance across 35 key purchasing and expense management key performance indicators and compare those metrics against a market benchmark that is updated nightly, entirely from transactional data pulled from across the Coupa platform.