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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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Talos Energy Gains Visibility, Efficiency and Savings With Coupa
Talos Energy leveraged Coupa to update their paper-based procurement system, gaining visibility and control of spend, better inventory management, and more operational efficiency.
Company Overview
Talos Energy is a leading offshore energy company focused on oil and gas exploration and production.
Headquarters
Houston, TX
Employees
100 - 500
Website
talosenergy.com/home/default.aspxValue as a service
Challenge
Manual processing was slow and vulnerable to maverick spending.
Paper-based systems and ad hoc PO numbers were inefficient and costly.
Lack of visibility impacted operations of drilling platforms as well as their maintenance and repairs.
Solution
Results
Ease-of-use enabled adoption by managers.
Added visibility allows spend consolidation and identifying sourcing opportunities for cost savings.
Pre-approved spend and e-invoicing has enabled automated 3-way match and posting of accruals.
"Our platform operations now run more smoothly, while spend visibility and control helps our reporting and our bottom line."
— Christie Bourque, Procurement Lead


