Skillsoft
Customers / Skillsoft
Industry
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When Skillsoft moved from error-prone, outdated manual procurement processes to Coupa, the new integrated system yielded visibility, simplicity and control, along with actual savings in key categories.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
Customer Website
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
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.