Coupa named a Leader
in the Forrester Wave™: Supplier Value Management (SVM), Q4 2026
Transforming Fragmented Procurement & Finance
Synchrony overcame disconnected workflows by unifying its source-to-pay process on Coupa, ensuring rigorous risk controls and full visibility into $2 billion of spend.
“Coupa gives us a single source of truth. All of our users go to one system. Our internal teams now have visibility to see a transaction from sourcing all the way through payment.”
— Roy Jenkins, VP of P2P & S2P Technology, Synchrony
Synchrony is a leading consumer financing company providing credit & banking products to over 70 million active accounts.
Industry
Banking & Investment
Company Size
Enterprise
Employees
20,000+
Challenge
Struggled with fragmented workflows hindering compliance.
Relied on manual, heavily customized processes.
Lacked complete visibility across disconnected systems.
Faced tracking difficulties across sourcing, legal, and risk.
Results
Centralized over $2 billion in spend on a unified S2P platform.
Cut invoice cycle times in half while increasing e-invoicing to >90%.
Reduced duplicate payments by 90%.
Achieved near 100% on-time payments and >95% PO-backed spend.
Synchrony achieved:
$2B in spend centralized on a single platform
>90% electronic invoicing achieved
50% reduction in invoice cycle times


