Predicting the future of business spend, faster

Coupa + MIT Data Science Lab move beyond sentiment

Coupa

Powered by AddSearch

Beach Energy Updates and Streamlines, Exceeding Synergy Goals

Disparate systems, rapid growth, and the pandemic motivated Beach Energy to leverage Coupa for more consistency, control, visibility, and savings, company-wide.

Company Overview

Beach Energy is Australia’s leading mid-cap oil and gas exploration and production company.

Headquarters

Adelaide, Australia

Employees

10,000 - 25,000

Website
https://www.beachenergy.com.au/

Value as a service

150%
Acquisition Synergy Targets Reached
65%
On-Contract Spend Attained
85%
of Spend Digitized

Challenge

Tripling in size in a year necessitated a centralized system.

Covid-19 amplified the need to refine spend controls as oil prices dropped.

Disparate systems led to lack of visibility and waste from inefficiency

Results

New visibility has improved site-level accountability.

A centralized procurement system enabled effective spend controls, reduced waste, and boosted sustainability.

Digitization has replaced low-value manual invoicing allowing Accounts Payable to focus on value-added activity.

"Having visibility across expenditure will help us optimize our efficiency and add value into the business."
-- Hendrick Snyman, Chief Procurement Officer

Oh! It looks like you opted out from using the needed cookies. If you are interested in using the AI Agent, then please opt-in to the cookies in the preference center.

Update preferences