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!

 

Contingent Workers, Business Agility, and The Great Mystery of the UK’s Productivity Crisis

Just 8 years ago, we were under the heavy shadow of the global financial crisis. The unemployment rate soared, nearing 10% in places like the US and the UK. Today, it hovers around 4%, historically low territory.   But as labor markets tighten, economists, particularly in the UK, have…Read blog post

Why it’s time for healthcare to shift operational efficiency focus to the supply chain

Operational efficiency is a commonly used business term that means different things within different industries. In the healthcare industry, for the past three decades, it’s mostly meant digitizing patient records and getting ERP systems in place in order to improve patient care. Improving patient care will always be an…Read blog post

5 Major Ways Business Spend Management Delivers Value

Unifying business spend management with technology isn’t just a system implementation. It’s a change program with far-reaching effects. The very act of connecting the whole source to pay process—procurement, expenses, invoicing, and payment—on one technology platform delivers significant efficiencies and cost savings in and of itself. But there are…Read blog post

Why pre-approved spend is the ultimate benchmark

In a perfect business spend management scenario, employees submit a requisition and get an approved purchase order for everything they spend money on, outside of monthly recurring items such as utilities and leases. When spending is pre-approved, it means employees are buying from contracted vendors, getting negotiated savings and complying…Read blog post

Building a risk-intelligent culture

Every company faces certain risks to their business, and every company has a culture around how they address them. While official responsibility for managing risk rests with executive leadership, and in large companies, a dedicated risk management function, the company’s risk culture often forms unintentionally, based on how these people…Read blog post