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
Explore Coupa
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
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
1
Central contract repository
78%
Of Spend Pre-Approved
12
Weeks to realize results in digital contracting
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.
