Thumbtack

Customers / Thumbtack
Industry
Technology
Thumbtack

Thumbtack Gains Control, Integration, and Transparency with Coupa

With a potential IPO on the horizon, Thumbtack's Josh Waldron utilizes Coupa for compliance and control while empowering employees and suppliers.
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Company Overview
​​Thumbtack is a modern home management platform. Bringing the $600 billion home services industry online, Thumbtack empowers millions of homeowners to fix, maintain, and improve their home.
Headquarters
San Francisco, CA
Employees
500-1,000
Customer Website
https://www.thumbtack.com/
 

Challenge

  • An increasing number of supplier inquiries regarding payment information and dates
  • A need to manage AP, AR, Treasury, Internal Audit, Tax, and PCR efforts simultaneously, while maximizing efficiency
  • Proper processes and systems to support PCR efforts

Solution

  • Easily managing and reconciling payments from the Coupa Platform
  • Increasing overall control, while reducing risk 
  • Preparing and managing financial data to prepare for potential IPO

Result

  • Comprehensive control across both procurement and payments
  • A flexible system which allows for a customized approval process
  • Transparency of payments to suppliers with a decrease in daily inquiries to AP regarding payments 
  • Seamless ERP integration

"From end-to-end procurement to payment, Coupa provides us extensive control capabilities."

Josh Waldron, VP Corporate Controller, Thumbtack

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Resources and Insights

eBooks
Rethinking Working Capital Management & Payments
Improve your cash flow, protect your supply chain, and increase agility with a new framework to optimize working capital and digitize payments.
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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
Procurement in the Spotlight: A New Agenda for a New Era
Watch this engaging conversation between IDC and Coupa as they dive into Procurement's New Agenda
Watch the Replay