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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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Platinum Dermatology Smooths Out Its Purchasing Process
Tracking spend across 33 offices left Platinum Dermatology Partners with low visibility and control. With Coupa as its central purchasing system, the company now achieves nearly 100% visibility.
Company Overview
Platinum Dermatology Partners comprises a network of 30+ top-ranked dermatology practices in Texas and Arizona.
Headquarters
Dallas, TX
Employees
500 - 1,000
Website
platinumderm.com/Value as a service
Challenge
The finance team only became aware of purchases after the fact since 50% of managers were ordering directly from vendors without central approval.
Since many purchases were happening outside of the ERP, there was no way to understand inventory usage or reconcile it against sales.
The company needed a scalable solution that would grow with it as new practices joined the network.
Solution
Results
Improving spend visibility to nearly 100% with a simple buying process that enables managers to easily search for the things they need by product and best price.
Optimizing inventory control with barcode scanning, reports on usage, and analyzing purchases against electronic health records (EMR).
Standardizing processes with one central system means independently operating and new joining practices are quickly onboarded.
“Before, managers were spending a whole afternoon punching out to different vendors to find the best price. Now, they just type into Coupa’s search bar, and they can see the best price — pulls right up to the top. It’s been a game changer.”
-- Jill Myrick, Director of Inventory Controls and Facilities



