Tecnológico de Monterrey

Customers / Tecnológico de Monterrey
Industry
Education
Tecnológico de Monterrey

Tecnológico de Monterrey uses Coupa to empower educators with digital purchasing

Coupa helped Tecnológico de Monterrey eliminate purchasing bottlenecks and optimize purchase order times.
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Company Overview
Tecnológico de Monterrey continually offers innovative academic offerings responding to social, economic, labor, scientific and technological changes.
Headquarters
Monterrey, MX
Employees
5,000-10,000
Customer Website
https://tec.mx/en/education
 

Value Stats

90%

reduce PO time increasing spend visibility

70%

automate purchasing

Challenge

  • Multiple procurement processes & limited spend visibility slowed decisions and instructor preparation
  • Manual POs and Invoices resulted in Procurement team tracking down order statuses for suppliers
  • Manual and low value tasks distracted from sourcing

Solution

  • Coupa Procurement
  • Coupa Sourcing
  • Coupa Invoicing

Result

  • Moved online orders, cutting PO time by 90% while giving spend visibility for effective, responsible prep
  • Empowered suppliers to self-manage order and payment information through the supplier portal
  • Freed up valuable time for sourcing & procurement

"With Coupa we achieved 70% of automation in our purchasing. This represents many man-hours."

Alejandro (Picho) Castro, Director, Supply Chain and Services - Tecnológico de Monterrey

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Resources and Insights

eBooks
2022 Education Spend Management Benchmark Report
11 KPIs to benchmark your performance across Procurement, Risk, Invoicing, Expenses, and Payments, powered by Community.AI data.
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eBooks
Rethinking AP Automation and Payments
A new model for driving efficiency, optimizing cash flow, and mitigating risk within your organization to set your business up for long-term success.
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On-Demand Webinars
The Four Cornerstones of a Successful Procure-to-Pay Transformation
Hosted by Coupa and Carahsoft, hear Eric Williams, AVP of Supply Chain Management at University of Texas (UT) Health Houston, discuss his four cornerstones of a successful Procure-to-Pay (P2P)...
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