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Analytics Agent
Learn how to find answers to your analytical questions with the Analytics Agent.
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Knowledge Agent
Learn how to find answers to your procurement-related questions with the Knowledge Agent.
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Supplier Assistance Agent
Coupa Navi™ CSP Supplier Assistance Agent assists suppliers with general questions about the Coupa Supplier Portal (CSP) based on the Compass documentation.
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AI
Drive smarter spend strategies with AI
The Total Spend Management Annual Benchmark Report
Drive smarter spend strategies with AI
See what exceptional performance looks like and learn how to close the gaps.
Get the Benchmark Report
$10 Trillion and Counting...
Our unique data takes our AI capabilities to the next level
Explore Coupa AI
Bilfinger Taps Coupa Treasury to Unify Group-wide Payments
Bilfinger needed a new system to consolidate a highly fragmented e-banking system, to achieve group-wide visibility and transparency and to establish secure standards for the entire group. Coupa Treasury’s integrated, multi-bank, multi-country payments solution promised to meet requirements with one seamless system.
Company Overview
Bilfinger SE is a European company specialized in civil and industrial construction, engineering and services.
Headquarters
Mannheim, Germany
Employees
25,000 - 50,000
Website
bilfinger.com/Value as a service
15%
Bank Fee Reduction
30%
Reduction in Processing Costs
100%
Increase in Transparency, Visibility and Security
Challenge
20+ separate systems for e-banking and treasury
Complex data reconciliation
Lack of transparency, visibility and security
Solution
Results
50% less administrative efforts for account maintenance
100% satisfaction with implementation
Framework for additional projects, such as payments on behalf of (POBO)
"Through the introduction of the Coupa Treasury multi-bank payments platform, we achieved savings of around 15% in bank fees and 30% in processing costs. The administrative efforts for master data, account and user maintenance could even be cut in half."
— Martin Engelhardt, Head of Cash Management/Risk Control, Bilfinge
