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AI
Drive smarter spend strategies with AI
The Total Spend Management Annual Benchmark Report
Drive smarter spend strategies with AI
See what exceptional performance looks like and learn how to close the gaps.
Get the Benchmark Report
$10 Trillion and Counting...
Our unique data takes our AI capabilities to the next level
Explore Coupa AI
Euro IT Provider Achieves Compliance Across Countries and Currencies
With offices in 30 countries, NEC Europe's procurement lacked the visibility to translate complex spend in multiple currencies for easy insights. With global compliance being critical, they needed help to make better, faster decisions.
Company Overview
NEC Europe develops and provides innovative IT products and services to governments, companies, and people.
Headquarters
Londres, Royaume-Uni
Employees
1,000 - 5,000
Website
uk.nec.com/Value as a service
€2M
Saved in 12 Months
2x
Faster Requisition Approvals (in Only 6 Months!)
€2.5M
Savings Per Month Managed via Coupa BSM Platform
Challenges
With offices in 30 countries, global compliance was critical.
Company leaders, especially in Procurement, didn’t have spend visibility across the company.
With over 1,000 employees and growing, they needed the ability to make better, faster decisions.
Results
They needed total compliance for multiple currencies and tax codes.
They achieved €2M in savings, which elevated the procurement team to a strategic, “Front Office” status.
They trained 110+ users in 4 months.
They were able to visualize expenditure in just weeks.
"Our ability to transform rapidly has increased significantly using Coupa."
-- Mike van Gerven, Chief Procurement Officer