Company Overview

Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States.

Headquarters

Charlotte, NC

Employees

5,000 - 10,000

Website
https://www.sonicautomotive.com/

Value as a service

1
Central contract repository
78%
Of Spend Pre-Approved
12
Weeks to realize results in digital contracting

Challenge

Unrealized benefits from sourcing

Manual processes tied up procurement, legal, and suppliers in negotiating and signing contracts

Inefficient contracting led to lack of visibility into contracts and spending

Results

Systematic Realization of Sourced Pricing and Terms

Streamlined Wizard-Based Contracting Eliminated Manual Processes

Greater Visibility into Contracts and Terms

“Coupa CLM proved to be a big win for IT, Procurement, and Legal— we were able to complete a critical contract in weeks that would have taken months to negotiate before.”

— Kevin Hensley, Director of Sourcing, Sonic Automotive, Inc.

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