Effective spend management requires real-time visibility and control. Budget owners need to know where they stand before they approve a requisition. Finance leaders must be able to make strategic decisions based on the needs of the company and market conditions. And procurement managers want it to be easy to give executives the information they need, when they need it.
Coupa Analytics brings the same intuitive interface and drag-and-drop dashboarding to spending analytics software as the rest of the Coupa suite. Coupa Analytics takes the pre-built executive dashboards and reports from our Coupa Procurement, Coupa Expenses and Coupa Invoicing to the next level. Procurement, Finance and Business Managers can set up and customize their own analytics, without help from IT. You’ll get powerful reports that will wow everyone while they help you make better spend decisions.
You can bet your reputation on Coupa Analytics because reporting it is built on the foundation of Coupa’s native eProcurement data model. Data is automatically cleansed and normalized when it enters the system to reduce miscategorized spend. Even data that’s imported from external ERP and HR systems is merged cleanly so you can get line item level detail with just a few clicks.
Coupa Analtyics is designed to make spend data timely and relevant. Near real-time refresh capability guarantees up-to-date information — no waiting for IT-generated reports. Spend Optimizer’s unique data mash-up capabilities let you combine internal and external data — like pricing trends, so you can make better informed decisions.
Companies today must be nimble, flexible and able to adjust spending quickly. Coupa’s Executive Dashboards allow executives to monitor and measure purchasing performance. Real-time graphical views provide critical insights into spending management performance, so managers can take action and put savings controls in place before spend happens:
As you monitor your dashboards and identify problem areas you can further drill down to get the depth of data you need to course correct and stay on track.
How is your procurement organization doing? With benchmark analysis, Coupa customers can quantify the savings they generate, and see how they stack up against the other similar organizations for 18 different key performance indicators, including you can learn from the experience of others, improve performance and make the business case for more informed spend management decisions. For example:
Never before has this kind of information been available, providing you the insight you need to get a leg up on the competition. Imagine if you knew…
Coupa Benchmarking lets you know how your procurement organization stacks up against the market in key performance areas. Armed with this information, it’s easy to see where you can further improve process efficiencies to generate additional savings and outperform the competition.