Meet the Winners of the 2022 EMEA Spendsetters Awards for Smarter Business
At Coupa’s annual customer community conference for Europe, the Middle East, and Africa (EMEA), Coupa Inspire, we welcomed in Berlin a record-setting audience of companies and business leaders from across the region — reflective of the growing imperative facing companies to maximize the value of every dollar they spend to navigate dynamic global market pressures.
Business leaders across key segments — supply chain, procurement, finance, and IT — came together in Berlin to collaborate on removing major obstacles to growth and success across fields including supply chain, sustainability and climate change, and resilience. Uniting these voices helps businesses break down silos and demonstrates the mentality that “none of us is as smart as all of us.”
The Spendsetters Awards recognize our customers' use of Coupa technology to unleash the power of spend. Award categories represent the underlying value delivered from leading spend management practices, including the industry’s top trending use cases — ESG / sustainability / DEI, the use of artificial intelligence (AI), supply chain design, and more.
Coupa is proud to announce the 2022 EMEA winners of the Spendsetters Awards:
Spendsetter Award for BSM Transformation (Enterprise) — AstraZeneca
AstraZeneca successfully embraced change and leveraged Coupa's suite of Business Spend Management (BSM) applications to drive large enterprise innovation, creating measurable impact for their business. AstraZeneca transformed their entire Purchase-to-Pay (P2P) process and affected a change of mindset in regard to purchasing, resulting in better PO, invoice, and user behavior metrics. Key business impacts include a quick, automated, and efficient experience for end users, a significant uplift in digital invoicing, and more efficient approval cycle times.
Spendsetter Award for BSM Transformation (Mid-market) — Farfetch
Farfetch succeeded in creating impactful spend management transformation by using Coupa to achieve more than 90% of spend under management and in compliance, making it easier for Farfetch to scale new companies, positions, and acquisitions. The company also excelled at creating a new perception of the value of procurement throughout the organization.
Spendsetter of the Year — Zurich — Phil Soderberg, Global Head of Procurement and Vendor Management
Zurich has replaced their legacy procurement systems with an integrated Coupa solution across the globe, country by country. Global Head of Procurement and Vendor Management Phil Soderberg has shown outstanding leadership as he aims to use Zurich’s influence as a global buyer of goods and services to drive the adoption of sustainable business practices amongst suppliers.
Spendsetter Award for Economic and Social Impact — Tearfund
Tearfund demonstrated its deep commitment to promoting equality and sustainability using Coupa to reimagine its local and international procurement practices and processes. With Coupa, Tearfund ensures that the strict rules imposed by donor compliance requirements are met, creates trust with local suppliers, and generates cost savings that help transform the lives of more people in need.
Spendsetter Award for Smarter Spending — Saga
Saga excelled at using Coupa’s platform to remove inefficiencies in its accounts payable processes and leveraged Coupa’s analytical capabilities to drive impactful efficiency gains. The company now has 90% of its overhead invoices running through Coupa, 70% faster invoice cycle times, and a PO hit rate of 75%+. The company is also effectively using Coupa Pay for digital payments and is about to launch virtual credit cards to improve control of spend and streamline one-time supplier onboarding.
Spendsetter Award for Financial Agility & Visibility — Primetals
Primetals leveraged Coupa to gain visibility and flexibility, reduce risk, and simplify banking by building a comprehensive treasury system from the ground up. The 10 professionals of Primetals Technologies Treasury team relied on Coupa to achieve greater independence from ERP systems as well as increase their independence from banks, optimizing its cash management, intercompany clearing, and FX trading. Under Jeremy Hamon’s leadership, the Primetals Technologies Treasury team is taking advantage of AI capabilities within the Coupa Treasury solution, automatically analyzing more than 200,000 payments a year for fraud prevention.
Spendsetter Award for Supply Chain Excellence — Saint Gobain
During a period of extreme supply chain disruption, Saint-Gobain used Coupa to aid in the design and implementation of its transport optimization initiatives. Saint-Gobain is using Coupa to achieve its mission to achieve carbon neutrality by the year 2050. By optimizing transport in its supply chain, Saint-Gobain has yielded notable results that put it on track to achieve its goal. The company has achieved targets thus far and is on track to reduce Scope 1 and Scope 2 emissions by 20% between 2010 and 2025.
Coupa customers across the globe are revitalizing their organizations’ processes in ways that make their companies stronger, smarter, and safer. These actions create ripple effects of positive change across continents, from maximizing business value to improving the world around us.