See the direction of business spend
Coupa + MIT Data Science Lab move beyond sentiment surveys.
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Analytics Agent
Learn how to find answers to your analytical questions with the Analytics Agent.
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Knowledge Agent
Learn how to find answers to your procurement-related questions with the Knowledge Agent.
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Supplier Assistance Agent
Coupa Navi™ CSP Supplier Assistance Agent assists suppliers with general questions about the Coupa Supplier Portal (CSP) based on the Compass documentation.
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$10 Trillion and Counting...
Our unique data takes our AI capabilities to the next level
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AI
Predicting the future of business spend, faster
Coupa + MIT Data Science Lab move beyond sentiment
See the direction of business spend
Coupa + MIT Data Science Lab move beyond sentiment surveys.
Get the BSI Report
$10 Trillion and Counting...
Our unique data takes our AI capabilities to the next level
Explore Coupa AI
Mirati Scales Rapidly with a 2-Person Finance Team
Spending nearly $40 million a month, Mirati’s informal and highly manual procurement process left it prone to financial risk. To gain spend visibility and control, the finance team chose Coupa.
Company Overview
Mirati Therapeutics is a clinical-stage biotech company committed to finding breakthrough therapies for cancer patients.
Headquarters
San Diego, CA
Employees
100 - 500
Website
mirati.com/Value as a service
0
Additional Headcount While Scaling
1,000+
Invoices Processed Each Month
$40M
Spend Tracked Each Month
Challenge
Issuing blanket POs increased risk and meant finance couldn’t compare item pricing, check availability, or track shipments.
Using four different systems for procurement and payments led to slow operational processes and data silos.
Getting internal stakeholder buy-in for a new spend solution.
Results
A step-by-step controlled buying process with punchout capabilities ensures each purchase is properly captured, approved, and compliant.
One system to connect procurement and payments, including three-way and touchless invoice matching, means two people now seamlessly process over 1,000 invoices each month.
Coupa’s easy integration with NetSuite lightened the load on internal employees.
“With a click of a button every week I can see how many invoices were processed, how many are past due, how many are current, and what is out for end-user review.”
-- Besty Gelfand, VP of Finance
