Never Be Surprised Again by Quarter-End Reporting

It’s not fun being caught off-guard a few weeks after the quarter closes with a reconciliation report showing you exceeded your budget.  But it’s understandable to see how it happens.  Most department heads with budget authority oversee dozens of projects that consume their budgets.  Visibility to every detail can be hard to come by.  By the time they realize the spending problem, it’s too late.

With Coupa, you can define the criteria for sending an alert. For example, if you set an alert to trigger when 70% of your budget is consumer, and you receive that alert just three weeks into the quarter, you know to take corrective action.

Coupa’s new budget and spend alerts make it much easier to see the leading indicators of over-spending so management can take corrective action before the quarter ends.  Department heads and executives can configure email alerts triggered by spending and budget consumption so they are never caught unaware again.  The alerts, combined with Coupa’s new dashboards, give budget owners real-time triggers and insight into how they are tracking against their budgets.  And they provide executive management with summary and detailed views of all business spending, so that if business conditions change, they can react quickly.

Budget alerts warn managers when spending exceeds defined thresholds.

Visit the 2009 Summer Release to see a demonstration of Coupa’s new dashboards and alerting capabilities.