Predicting the future of business spend, faster
Coupa + MIT Data Science Lab move beyond sentiment
Honor Takes Its Care Global with Faster Operations on Coupa's Platform
Honor uses Coupa to simplify and automate procure-to-pay processes across 12 countries to support its global growth. One platform for all spending activities drives adoption for employees and suppliers alike.
Value as a service
Challenge
Honor acquired several franchise locations worldwide and needed to standardize and scale operational processes.
The AP team processed accruals and invoices after the fact since employees made purchases without proper approval.
The company lacked visibility into financial forecasting with data spread across several systems.
Results
A tech-driven foundation connects, standardizes, and streamlines P2P processes in 12+ countries.
Guided and automated purchase requisitions give Honor complete control over spending.
Consolidating systems into one platform gives Honor real-time financial reporting capabilities to make smarter decisions.
“Before Coupa, I wasted a lot of time trying to find information. Now, I can instantly pull a report, look back, and do a cost analysis. We’ve never had that level of clarity and visibility before.”
-- Sierra Sollohub, Director of Accounting, Honor





