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