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

A better way to monitor supplier risk

Let’s say someone has stolen my personal information—an increasingly common problem in today’s world. Now who knows how many people out there have my data, and what they might be doing with it? To protect myself, I would probably sign up for an identity theft monitoring service. This type…Read blog post