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
https://www.sonoco.com/Value as a service
100%
Visibility into indirect spend
90%+
of Virtual Card Transactions flowing through Coupa Pay
1,500+
Suppliers effectively managed internally
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
