5 Essential Finance Strategies
As the role of the CFO evolves, the function and priorities of the office must also adapt to the changing landscape of the finance world. In the face of pandemic recovery, supply chain disruptions, inflation, and other variables, it’s time to focus on investment and growth. Watch this webinar to learn how leading finance organizations are modernizing processes to build resilience.
Crucial strategies you should focus on
Coupa's CFO, Tony Tiscornia, guides you through best practices to modernize and streamline your finance processes, including how to:
- Build resilience in the face of a downturn
- Modernize payment processes
- Maximize the efficiency of existing working capital
- Reduce risk and make compliance easier
- Invest in the best digital transformation technologies.
At Coupa, we have a clear vision for how to deliver Business Spend Management (BSM) value. It’s spelled out in the letters of our name, C, O, U, P, A. The “C” is for “Comprehensive.” At Coupa, we’re looking to build the most comprehensive platform in the Business Spend Management space. We want you to be able to manage all aspects of your business’s spending in one unified, centralized platform that’s fully in the cloud. The “O” stands for the fact that Coupa is an open platform, both technically and in spirit. We work with many partners to provide the best experience and the best capabilities for our customers. As far as the “U,” Coupa aims to be a user-centric platform. One of the keys to our success so far has been that our customers attain high levels of adoption of the Coupa tool with their employees. It’s very easy to learn how to use Coupa with minimal training, and employees feel empowered when they have more control over and visibility into business processes and spend. The “P” in Coupa stands for “prescriptive” insights. We leverage what we call “community intelligence” or community AI from all customers across the platform so that we can give each of our customers recommendations for the actions they can take to make better spending decisions. Finally, the “A” in Coupa is for “Accelerated,” since Coupa aims to do everything fast. We like to help customers “go live” at a rapid pace and help them quickly drive value through the platform to see immediate value from identifying savings and see a return on investment and improved speed and efficiency in their business.