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
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
Results
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
