Value as a service
Challenge
A manual and paper-based invoicing process prevented Axia from controlling poor spending habits across 150 locations.
The slow invoice approval process caused the Accounts Payable (AP) team to sometimes miss payments, resulting in late fees and additional costs.
A need for a procurement solution that was easy to use and learn so health staff could focus on patients, not ordering supplies.
Results
Automating the invoice process empowers the AP team to pre-approve spend and speed up the payment process, resulting in 70% of spend under management.
Improving visibility into spending and per-supplier data across multiple items helps Axia compare prices and better manage working capital.
Simplifying the ordering process and digitizing invoicing ensures Axia achieves 50% of electronic and PO-baked invoicing.
“With Coupa, our AP team knows spend is approved prior to purchase and at the right level.”
— Ryan Mulcrone, Director of Strategic Sourcing