Beach Energy Updates and Streamlines, Exceeding Synergy Goals
Disparate systems, rapid growth, and the pandemic cause Beach Energy to leverage Coupa for more consistency, control, visibility, and savings, company wide.
Company Overview
Beach Energy is Australia’s leading mid-cap oil and gas exploration and production company.
Headquarters
Adelaide, Australia
Employees
10,000-25,000
Customer Website
Value as a Service
150%
Acquisition Synergy Targets Reached
65%
On-Contract Spend Attained
85%
of Spend Digitized
Challenge
Tripling in size in a year necessitated a centralized system.
Covid-19 amplified the need to refine spend controls as oil prices dropped.
Disparate systems led to lack of visibility and waste from inefficiency.
Solution
Coupa Procure
Coupa Pay
Coupa Spend Analysis
Coupa Contract Management
Coupa Strategic Sourcing
Result
New visibility has improved site-level accountability.
A centralized procurement system enabled effective spend controls.
Digitization has replaced low-value manual invoicing allowing Accounts Payable to focus on value-added activity.
