Company Overview
Cooper Standard is a $3.6 billion tier-one automotive supplier with over twenty thousand employees in twenty countries.
Headquarters
Global
Employees
25,000 - 50,000
Website
https://www.cooperstandard.com/Value as a service
Challenge
Operations in 20 countries were spread across 24 indirect procurement systems.
No single catalog and zero visibility into spend until time for invoicing.
Highly manual processes were extremely time- and labor-intensive.
Solution
Results
6 months for total, seamless integration with existing ERP and across all North America.
End-to-end procure-to-pay process that’s fully digital with 80% touchless invoicing.
75% reduction in p-card spend and 12% savings in MRO.
100% user adoption.
“With Coupa, you get speed. Within minutes, you can determine your spend by commodity, by supplier, by location.”
— Steven De Luca, Director of Indirect Purchasing
