Using Coupa Sheds Light on Engie's Spend
Engie transformed their outdated procurement system, digitizing their spend, making it transparent, and realizing savings.
Company Overview
Engie is a French multinational electric utility company, which operates in the fields of energy transition, electricity generation & distribution, natural gas, nuclear, renewable energy & petroleum.
Headquarters
Milan, Italy
Employees
75,000+
Customer Website
Value as a Service
90%
Spend Managed
$500K
Savings through Buyer-Free Orders
72%
Decrease in Transaction Time
Challenges
The previous system was expensive and inefficient in terms of reporting and usability.
Lack of visibility in tracing spend and savings made improvement difficult.
The cumbersome process of interacting with suppliers was not efficient.
Solutions
Results
A complete P2P process added efficiency.
Savings visibility benefits both shareholders and internal users.
Procurement is more efficient and flexible.
Category managers have more control.
Transaction time greatly reduced.
"Implementing Coupa has delivered value at a number of areas at Engie, but the key has been efficiency."
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