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!

 

4 keys to vendor risk management when buying enterprise technology

Undertaking any kind of business transformation involves change and change always introduces risk. Careers, cash and your company’s competitiveness are at stake. The key to a successful transformation is proactive risk management. There are two areas of risk: that which you control internally, and external risk associated with…Read blog post

Is it time for procurement to have a spend optimization quota?

There are only two ways a company can increase profitability—make more money or save more, and the two are equally important. I've written previously about how one of the ways procurement can become more strategic is by thinking more like sales.  Salespeoples' sole job is to go out…Read blog post

Going beyond the obvious to root out procurement fraud

Reading supplychain.com recently, I came across this ten point procurement fraud prevention checklist by Paul Guile, a CIPS global procurement fraud advisor from across the pond. Paul outlines some basic best practices that your organization should put in place if you haven’t already. I want to recap and…Read blog post

Scratching an itch leads to easier expense reports for thousands

  • January 13, 2014
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  • Tony Darugar
  •  |
  • Expenses
Earlier this month, we hosted a webinar on managed travel with Charles Bacharach of Orbitz for Business and our own Tony Darugar, Product Manager for Coupa Expenses. Back in April of 2013 Coupa bought a travel and expense management company called Xpenser which Tony founded. We thought we’d…Read blog post

Integrating booking, expense management systems is the key to negotiating better rates

  • January 07, 2014
  • |
  • Tony Darugar
  •  |
  • Expenses
Travel accounts for over sixty percent of employee-submitted expenses, so getting a handle on travel spend can have a big impact on the bottom line. Corporate travel booking platforms allow travel managers to define and enforce travel policies, and to take advantage of the best possible negotiated pricing.  …Read blog post