Tecnológico de Monterrey

Customers / Tecnológico de Monterrey
Industry
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.
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
 

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