Table of Contents
Coupa value delivered regularly

In their 2024 Strategic Sourcing Technology Advisor, Ardent Partners has named Coupa as a Market Leader!

Why it matters

The Technology Advisor Report will help procurement and sourcing leaders evaluate and select the software that’s most appropriate and best suited for their source-to-contract needs. With this report, Ardent Partners has examined multiple factors with rigorous analysis. This report is significant because it’s the only one that covers the full source-to-contract (S2C) process. Coupa believes the results validate our product strength, including our AI capabilities.

What is source-to-contract (S2C) and why does it matter for strategic sourcing?

S2C is a strategic approach that optimizes procurement activities from the moment the need for goods or services is identified, all the way through the contract signing. It helps fast-growing and large organizations manage costs, reduce risk, become more efficient, and build stronger supplier relationships. By optimizing procurement and sourcing in this way, organizations can improve margins with better operational efficiency, sustainability, and resiliency, all while growing profitably.

How does choosing the right technology provider impact strategic sourcing?

While a small organization with simple procurement needs might be fine relying on spreadsheets, emails, or snail mail, organizations looking to grow put a lot at risk with the wrong technology (or lack thereof). As complexity, scale, and regulatory requirements increase, the wrong technology can hinder your organization’s visibility into sourcing events and awards, make it harder to track contracts, and make your organization less effective.

However, the right technology partner can streamline processes, improve visibility, combat inflationary price increases, reduce risk, improve sustainability and ESG compliance, and help your organization run a tighter ship overall.

The Coupa difference

We believe we deliver the market-leading technology platform for source-to-contract. Our solution is:

  • Comprehensive: It covers procurement, supply chain, and finance, and gives our customers end-to-end visibility of direct and indirect spend.
  • Connected: No more silos here!
  • Agile: It adapts along with your organization.
  • AI-driven: Our customers have access to the best, most modern tools and insights for smarter, faster decision-making.