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Drive smarter spend strategies with AI
The Total Spend Management Annual Benchmark Report
- Source-to-contract
-
Category Strategy
Scale planning across teams -
Sourcing
Get confident decisions faster -
Sourcing Optimization
Unlock maximum efficiency -
Contract Lifecycle Management
Take control end-to-end -
Supplier Information &
Risk Management
Manage risk across suppliers
- Procure-to-Order
-
Intake & Orchestration
Turn requests into action -
Procurement
Buy smarter, spend better -
Services Procurement
Gain visibility and control -
Inventory Management
Manage stock with precision -
Spend Analysis
Get insights you can act on
- Invoice-to-Pay
-
AP Automation
Optimize processes with full visibility -
Expense Management
Automate expense workflows -
Payments
Streamline, secure, and track -
Treasury Management
Optimize liquidity -
Fraud Protection
Detect and prevent
- Direct Spend Management
-
Direct Spend Management
Control spend to drive outcomes -
Direct Material Sourcing Solutions
Connect to strategy, BOMs, and contracts. -
Supply Chain Optimization
Optimize your supply chain for cost, service, and resilience -
Supply Chain Collaboration
Improve alignment across teams
-
Coupa AI Overview
Real AI for real business outcomes -
AI Use Case Library
See how AI drives results -
Coupa Compose
Intelligence on one platform
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- Product Demos
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CHS Builds a Better Relationship with Compliance Through Coupa
CHS leveraged Coupa to gather the reins on its multinational agribusiness cooperative and assure compliance with internal and external audits, while standardizing the system-bred efficiency.
Company Overview
CHS is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States.
Headquarters
Inver Grove Heights, MN
Employees
10,000 - 25,000
Website
chsinc.com/Value as a service
Challenge
Risk management was complicated by the diversity and number of factors.
Lack of centralized policies and oversight led to unnecessary risks.
Needed visibility and flexibility to deal with fluctuating AML, ABAC issues and ownership changes.
Results
A standardized and centralized system improved efficiency and mitigated risk.
Providers are pre-vetted and vetting expedited for improved service to partners.
Audits, including AML and ABAC, gain visibility in the streamlined system.
"CHS is now automatically screening counterparties for anti-money laundering compliance on a daily basis."
— Nicholas Meinen, CIA, CFE, Anti-Bribery and Corruption Program Manager


