Bowery Farming
Customers / Bowery Farming
Industry
Bowery Farms Grows its Operations Quickly with Coupa
For Bowery, business was booming. However, their Account & Finance (AP) function wasn’t equipped to keep up. They turned to Coupa for help.
Company Overview
Bowery uses innovative indoor vertical farming technology to cultivate fresh, traceable produce.
Headquarters
New York, NY
Employees
1-100
Customer Website
Value as a Service
90%
Of Payments Done Virtually
1,200
Invoices processed by one person
30
Suppliers Onboarded in One Month
Challenges
Making timely payments to suppliers in order to prevent stoppages in business operations during rapid-growth phases.
Keeping a lean AP team to allocate the necessary resources for farm expansions.
Gaining better control over transactions, requisitions, and payments to reduce risk.
Solutions
Results
Increasing speed to market thanks to the entire P2P process happening in one system instead of three.
Guaranteeing on-time payments with one team member processing 1,200 monthly invoices and collaborating directly with suppliers through a digital portal.
Executing sensitive, cross-border transactions with Coupa digital payment and automatically ensuring country-specific compliance.
“We wanted a solution that could solve our problems now, and we wouldn’t have to swap it out in three years.”
