Skillsoft

Customers / Skillsoft
Industry
Skillsoft

Skillsoft Upgrades Their Money Management System, Gaining Control

When Skillsoft moved from error-prone, outdated manual procurement processes to Coupa, the new integrated system yielded visibility, simplicity and control, along with actual savings in key categories.
Company Overview
Skillsoft is an American educational technology company that produces learning management system software and content.
Headquarters
Dublin, Ireland
Employees
1,000-5,000
 

Value as a Service

99%

PO-Backed Invoices

95%

PO-Backed Spend

77%

First-Time Invoice Match Rate

Challenge

Needed company-wide procurement policies to maximize ROI.

Needed better visibility of spend for planning and purchasing.

Manual AP processes were often unbacked by POs.

Many purchases lacked pre-approval against budgets.

Solution

Coupa Invoice

Coupa Procure

Coupa Advantage

Result

Moving to a single integrated platform streamlined operational efficiencies.

Automation and integration yielded visibility and control and reduced error exposure.

Time and effort were reduced through automating the old manual processes.

"Previously, our manual procure-to-pay processes meant we weren’t getting the most value from our spend — and weren’t setting ourselves up to grow responsibly."

Gary Holloran, Former Vice President, Procurement