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!

 

Building your procurement and sourcing function for scale

So you’ve decided you need to up your procurement and sourcing game in order to improve the bottom line at your mid-market company. Usually, that’s a decision that’s heavily driven by a need to achieve economies of scale as you grow, so a prime consideration in starting the function, or…Read blog post

6 signs you need to optimize procurement and sourcing

What is the best model and resourcing plan for your procurement and sourcing organization? This question is particularly challenging for mid-market companies. They’re focused on growth and revenue, and haven’t given managing spending nearly as much consideration. Typically they’ve gotten several rounds of funding in order to grow. Investors…Read blog post

The battle-tested CPO guide to a successful P2P transformation

You’re hired! After the jubilation of accepting a job wears off and you’re successfully on-boarded to your new company, you learn you have 100 days to develop a plan--a plan that will begin a journey of procurement transformation that surpasses the expectations you shared during the new hire process. The opportunity is…Read blog post

Why Successful Procurement Departments Leverage GPOs

  • October 12, 2017
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  • Don Darby and Samantha Peterson
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  • Procurement
If you work in procurement, you’ve likely heard of Group Purchasing Organizations (GPOs) – a name that quite accurately reflects how these organizations work. GPOs have been around for over 100 years, dating as far back as 1910, when hospitals in New York City pooled their spending to negotiate larger…Read blog post

Strategic sourcing: How will you award your business?

The size, scope and complexity of sourcing projects today means it can be difficult to know where to start the process. However, as is often the case in all planning, it’s best to begin with the end in mind. For buyers, this means “How will I award my business?” should…Read blog post