Coupa Blog

Coupa is a company of talkers, passionate about sharing tips, tricks and advice for improving finance and procurement and saving companies of all sizes time and money. But we’re not the only people with opinions and ideas. We’d love to hear from you so join the conversation!

 

How procurement can become data driven: Collect more data

  • August 08, 2018
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  • Kristin Ruehle and Tom Fahey
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  • Procurement
Many procurement organizations face a dilemma: They dream about an emerging future in which analytics, artificial intelligence, bots, and other technologies work in tandem to automate and accelerate work while improving procurement outcomes. But the dream ends abruptly when it becomes clear they lack the right data and enough data…Read blog post

How to prioritize your investment in digital procurement

Digital technology is changing the face of procurement as we know it. For some, that’s a scary prospect, but I believe it’s a huge opportunity for procurement to shine and to become digital rockstars. But, before you spend a dime on technology, you have to develop a digital roadmap,…Read blog post

How to think creatively about your digital procurement roadmap

It’s widely believed that digital transformation will drastically change procurement over the next few years. It’s an overwhelming prospect, but it’s a lot less overwhelming once you create a digital roadmap. In this series of posts, I’m walking you through how to do that, based on my experience leading and…Read blog post

How to pinpoint areas for improvement on your digital roadmap

Digitalization will change procurement as we know it, or so we are told. That sounds overwhelming and a little bit scary. However, I think that procurement is more than up to the challenge of digitalization. The first thing we need to do is create a digital roadmap, and in this series…Read blog post

How to define a procurement problem to solve with technology

  • July 17, 2018
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  • Amanda Prochaska
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  • Coupa
At a recent conference I attended, The Hackett Group presented a study saying that 95 percent of respondents believe digitalization will drastically change procurement in the next two to three years. So, do you have a strategy to apply machine learning to make recommendations for you? Do you have a pilot for RPA…Read blog post