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Drive smarter spend strategies with AI
The Total Spend Management Annual Benchmark Report
- Source-to-contract
-
Category Strategy
Scale planning across teams -
Sourcing
Get confident decisions faster -
Sourcing Optimization
Unlock maximum efficiency -
Contract Lifecycle Management
Take control end-to-end -
Supplier Information &
Risk Management
Manage risk across suppliers
- Procure-to-Order
-
Intake & Orchestration
Turn requests into action -
Procurement
Buy smarter, spend better -
Services Procurement
Gain visibility and control -
Inventory Management
Manage stock with precision -
Spend Analysis
Get insights you can act on
- Invoice-to-Pay
-
AP Automation
Optimize processes with full visibility -
Expense Management
Automate expense workflows -
Payments
Streamline, secure, and track -
Treasury Management
Optimize liquidity -
Fraud Protection
Detect and prevent
- Direct Spend Management
-
Direct Spend Management
Control spend to drive outcomes -
Direct Material Sourcing Solutions
Connect to strategy, BOMs, and contracts. -
Supply Chain Optimization
Optimize your supply chain for cost, service, and resilience -
Supply Chain Collaboration
Improve alignment across teams
-
Coupa AI Overview
Real AI for real business outcomes -
AI Use Case Library
See how AI drives results -
Coupa Compose
Intelligence on one platform
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- View All Resources


Sonic Streamlines Procurement Contracts To Keep Pace With Supersonic Growth
Sonic's boom in growth challenged their Procurement and Legal teams with double the number of contracts seen in previous years. Coupa digitized their manual processes for negotiating and managing contracts for a smooth road ahead.
Company Overview
Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States.
Headquarters
Charlotte, NC
Employees
5,000 - 10,000
Website
sonicautomotive.com/Value as a service
Challenge
Unrealized benefits from sourcing
Manual processes tied up procurement, legal, and suppliers in negotiating and signing contracts
Inefficient contracting led to lack of visibility into contracts and spending
Results
Systematic Realization of Sourced Pricing and Terms
Streamlined Wizard-Based Contracting Eliminated Manual Processes
Greater Visibility into Contracts and Terms
"Coupa CLM proved to be a big win for IT, Procurement, and Legal— we were able to complete a critical contract in weeks that would have taken months to negotiate before."
— Kevin Hensley, Director of Sourcing, Sonic Automotive, Inc.
