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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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Sonoco: Putting the POP into Popular Products with Coupa
Sonoco, the world’s largest producer of composite cans and tubes, gains clarity from the cloud for complete procurement and AP visibility with Coupa.
Company Overview
Sonoco, the world’s largest producer of composite cans and tubes, has products on shelves of supermarkets everywhere.
Headquarters
Hartsville, South Carolina
Employees
10,000 - 25,000
Website
sonoco.com/Value as a service
Challenge
Card on purchase order (PO) process provided poor visibility into spend
Suppliers were saving virtual card numbers and using them for subsequent POs
Transaction reconciliation was time consuming and manual
Solution
Results
Transitioned to card on invoice
Faster time to pay suppliers with invoice match
Effectively implemented change management internally with over 1,500 suppliers
Eliminated one-time supplier onboarding
"Now, with Coupa we are tracking the dollars saved, and it is significant."
— Elizabeth Mozley, Director of Global Category Management, Sonoco

