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Drive smarter spend strategies with AI
The Total Spend Management Annual Benchmark Report
- Source-to-contract
-
Category Strategy
Scale planning across teams -
Sourcing
Get confident decisions faster -
Sourcing Optimization
Unlock maximum efficiency -
Contract Lifecycle Management
Take control end-to-end -
Supplier Information &
Risk Management
Manage risk across suppliers
- Procure-to-Order
-
Intake & Orchestration
Turn requests into action -
Procurement
Buy smarter, spend better -
Services Procurement
Gain visibility and control -
Inventory Management
Manage stock with precision -
Spend Analysis
Get insights you can act on
- Invoice-to-Pay
-
AP Automation
Optimize processes with full visibility -
Expense Management
Automate expense workflows -
Payments
Streamline, secure, and track -
Treasury Management
Optimize liquidity -
Fraud Protection
Detect and prevent
- Direct Spend Management
-
Direct Spend Management
Control spend to drive outcomes -
Direct Material Sourcing Solutions
Connect to strategy, BOMs, and contracts. -
Supply Chain Optimization
Optimize your supply chain for cost, service, and resilience -
Supply Chain Collaboration
Improve alignment across teams
-
Coupa AI Overview
Real AI for real business outcomes -
AI Use Case Library
See how AI drives results -
Coupa Compose
Intelligence on one platform
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Woodward Inc. Gains Immediate Control, Visibility, and Savings
When Woodward Inc. adopted Coupa they replaced cumbersome outdated ERPs with one streamlined system with added visibility, full compliance, and significant savings.
Company Overview
Woodward Inc. designs, manufactures, and services control systems and components for aircraft and other heavy engines.
Headquarters
Fort Collins, CO
Employees
5,000 - 10,000
Website
woodward.com/Value as a service
Challenge
Multiple systems were in use, causing fragmentation of data.
The old ERP system was challenging to learn, difficult to navigate, and not intuitive.
Visibility of spend was limited, particularly if on a credit card or in a different ERP.
Solution
Results
With only one system now, all data and information behind purchasing are visible.
Layout and functionality of the UX drive successful adoption.
Electronic processing of invoices has brought electronic invoicing to 86%.
"Coupa has been a great tool for compliance. We can now follow all our policies and procedures, which makes our auditors very happy."
— Richard Landerholm, Global Supply Chain Manager


