Procurement

RFI vs. RFQ vs. RFP: Which Does Your Company Need?
Originally Published December 25, 2017 — Updated February 22, 2024. You’d never buy an expensive laptop online without doing some...
Coupa
Read time: 12 mins
  • It’s widely believed that digital transformation will drastically change procurement over the next few years. It’s an overwhelming prospect, but it’s...
    Amanda Prochaska
    Amanda Prochaska
    Vice President of Sourcing Program Management, MGM Resorts, a Coupa customer

    Amanda is responsible for designing, implementing, and sustaining new, best-in-class programs and technologies to reduce costs or increase value for the company.

    Read time: 6 mins
    Group of people thinking through problem.
  • Digitalization will change procurement as we know it, or so we are told. That sounds overwhelming and a little bit scary...
    Amanda Prochaska
    Amanda Prochaska
    Vice President of Sourcing Program Management, MGM Resorts, a Coupa customer

    Amanda is responsible for designing, implementing, and sustaining new, best-in-class programs and technologies to reduce costs or increase value for the company.

    Read time: 9 mins
    Stick Figures Around a Pin Pointed Location
  • At a recent conference I attended, The Hackett Group presented a study saying that 95 percent of respondents believe digitalization will...
    Amanda Prochaska
    Amanda Prochaska
    Vice President of Sourcing Program Management, MGM Resorts, a Coupa customer

    Amanda is responsible for designing, implementing, and sustaining new, best-in-class programs and technologies to reduce costs or increase value for the company.

    Read time: 11 mins
    Arrows Making a Path with a Thumbtacks Marking Spots
  • In a perfect Business Spend Management scenario, employees submit a requisition and get an approved purchase order for everything they spend...
    Ben Mlynash
    Ben Mlynash
    Senior Director Solutions Architecture, Professional Services, Coupa Software

    Ben leads a team that drives functional process design, architecture, and configuration on customer implementations. Ben has led or supported over 300 implementations. When he's not helping people implement Coupa, Ben enjoys raising his two young daughters, traveling, and following sports.

    Read time: 11 mins
    Why Pre-Approved Spend is the Ultimate Benchmark
  • eProcurement platforms drive a process and are the foundation for digital procurement, but a technology platform alone does not a digital...
    Tom Fahey
    Tom Fahey
    Business and Technology Innovation Principal Director, Accenture

    Tom is responsible for developing and driving the technology enablement vision for the Procurement BPS business. He leads a global team responsible for strategy development, innovation, technology delivery, and IT service management.

    Read time: 15 mins
    Procurement professional using graph.
  • As a small business owner you may wonder how to win business by doing business with big companies. You have heard...
    Daryl Hammett
    Read time: 4 mins
    What is Competitive Bidding?
  • You would think that in the age of the internet, companies would have no trouble finding suppliers for just about anything...
    Vincent Toesca
    Vincent Toesca
    Vice President, Product Management, Coupa Software

    Vincent Tosca is a product executive and technology enthusiast with entrepreneurial experience at startups and SaaS companies. His interests include the cloud, DevOps, IoT, and fintech. His specialties include product management & strategy, product marketing, agile, SaaS, cloud, DevOps, and analytics.

    Read time: 9 mins
    Supplier Insights Data
  • Bots are gaining adoption for front end business process such as customer service. Finance organizations are also looking at bots as...
    Kristin Reuhle
    Kristin Reuhle
    Managing Director, Procurement Business Process Services, Accenture

    Kristin Reuhle focuses on the efficiencies gained by digitizing procurement processes and harnessing the power of cloud-based solutions.

    Read time: 14 mins
    Deploy Bots Effectively to Optimize Procurement
  • Your internal purchase order process faces tough competition from the phone or internet and a credit card. When an employee needs...
    Pam McClure
    Pam McClure
    Senior Solutions Architect, Coupa Software

    Pam McClure has over six years of experience helping companies of all sizes implement Coupa. When she's not doing that, she loves to ride horses.

    Read time: 6 mins
    Benchmarking Process Efficiency in Business Spend Management Data
  • Digital transformation is a phrase that’s been bandied a about a lot lately, but what does it mean in the context...
    Chris Banschbach
    Chris Banschbach
    Managing Director, Accenture

    Chris is Chief Product Officer and head of Strategy for Accenture Interactive's managed service business. He has responsibility for business strategy and architecture, leading inorganic growth (V&A), and setting the vision for the services & technology roadmap.

    Read time: 8 mins
    Transform Procurement by Ease of Use
  • In a smaller business, procurement tends to be informal and transactional. There’s probably someone in operations, or an admin, whose job...
    Sean Park
    Sean Park
    Group Practice Lead, Procurement and Strategic Sourcing, Acquis Consulting Group, an accredited Coupa implementation partner

    Sean Park's mission is to provide clients with strategy, organization design, process and implementation support.

    Read time: 7 mins
    Two Businessmen Reviewing Data
  • Ten years ago, the VAT gap—the difference between the value added tax governments should collect based on business transactions going on...
    Markus Hornburg
    Markus Hornburg
    VP, Global Product Compliance, Coupa

    Markus Hornburg has more than 20 years' experience in Business Process Design, Change Management, Product Management and Business Consulting. Prior to Coupa, he held positions in compliance at Tungsten Corporation and SAP.

    Read time: 14 mins
    Picture of a Globe
  • So you’ve decided you need to up your procurement and sourcing game in order to improve the bottom line at your...
    Sean Park
    Sean Park
    Group Practice Lead, Procurement and Strategic Sourcing, Acquis Consulting Group, an accredited Coupa implementation partner

    Sean Park's mission is to provide clients with strategy, organization design, process and implementation support.

    Read time: 11 mins
    Building your procurement and sourcing function for scale
  • You’re hired! After the jubilation of accepting a job wears off and you’re successfully on-boarded to your new company, you learn...
    Greg Tennyson
    Greg Tennyson
    Chief Procurement Officer, VSP Global

    VSP Global is the largest provider of vision insurance in the United States. Tennyson is also an Advisory Board member at Palambridge. Prior to his role at VSP, Greg was the Chief Procurement Officer at Salesforce and Oracle. Greg is also the founding member of the Bay Area Procurement Council.

    Read time: 12 mins
    The battle-tested CPO guide to a successful P2P transformation
  • If you work in procurement, you’ve likely heard of Group Purchasing Organizations (GPOs) – a name that quite accurately reflects how...
    Don Darby
    Don Darby
    General Manager, Coupa Advantage

    Don Darby oversees the program that provides Coupa customers with pre-negotiated savings from trusted suppliers. He has also held Chief Operating Officer positions at high growth technology companies and spent eight years in various roles at Ariba.

    Read time: 8 mins
    Successful Procurement Departments Leverage GPOs