Predicting the future of business spend, faster
Coupa + MIT Data Science Lab move beyond sentiment
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.
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




