Grupo Bafar needed better spending control and visibility for its 40+ companies. After switching to Coupa’s platform, the company now manages 100% of its indirect and direct spend in one place.

Company Overview

For over 35 years, Grupo Bafar has provided affordable and nutritious food products for Mexico and the world.

Headquarters

Chihuahua, Mexico

Employees

10,000 - 25,000

Website

grupobafar.com/

Value as a service

100%

Invoices Backed by a Purchase Order

Day Invoice Approval Time

100%

Direct and Indirect Spend Managed

Challenge

Consolidate all expenses to one platform to improve budget visibility when creating purchase orders for the 40+ companies that make up Grupo Bafar.

Move away from a paper-based requisition process, which required time-consuming manual signatures and resulted in a slow-moving approval chain.

Improve supplier relationships to drive additional value.

Solution

Supplier Risk & Performance

Invoicing

Results

Achieving 100% visibility and control over direct and indirect spend and travel expenses by consolidating systems and moving to one comprehensive BSM platform.

Unifying and automating accounts payable processes across the expense cycle, resulting in a one-day or less invoice approval time and 100% of invoices PO-backed.

Increasing visibility and faster payments to suppliers, who now have instant access to their purchase orders and invoices in one place.

“Today, through Coupa, we unify all spend within the company — managing direct and indirect expenses, services, and travel expenses in one place. It’s allowed us to make decisions faster and more accurately.”
-- Teresa Gutierrez, Shared Services Manager