Coupa named a Leader

in the Forrester Wave™: Supplier Value Management (SVM), Q4 2026

Coupa

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Transforming Fragmented Procurement & Finance

Synchrony overcame disconnected workflows by unifying its source-to-pay process on Coupa, ensuring rigorous risk controls and full visibility into $2 billion of spend.

“Coupa gives us a single source of truth. All of our users go to one system. Our internal teams now have visibility to see a transaction from sourcing all the way through payment.”

— Roy Jenkins, VP of P2P & S2P Technology, Synchrony

Synchrony is a leading consumer financing company providing credit & banking products to over 70 million active accounts.

Industry

Banking & Investment

Company Size

Enterprise

Employees

20,000+

Challenge

Struggled with fragmented workflows hindering compliance.

Relied on manual, heavily customized processes.

Lacked complete visibility across disconnected systems.

Faced tracking difficulties across sourcing, legal, and risk.

Results

Centralized over $2 billion in spend on a unified S2P platform.

Cut invoice cycle times in half while increasing e-invoicing to >90%.

Reduced duplicate payments by 90%.

Achieved near 100% on-time payments and >95% PO-backed spend.

Synchrony achieved:

calculator-money

$2B in spend centralized on a single platform

business-time

>90% electronic invoicing achieved

full-spend-visibility

50% reduction in invoice cycle times

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