FULL TRANSACTION VISIBILITY

You can't control what you can't see. Gain visibility into transactional spend and payment data including payment timing and cash impact across all your payment rails including virtual cards, digital checks, and bank transfers in one integrated experience.

EASY DOMESTIC AND CROSS-BORDER PAYMENTS

Sending digital payments to suppliers, both domestic and cross-border, is easier than ever. Create payment batches and execute payments across multiple payment methods including bank transfer, virtual cards, and digital checks right from the Coupa BSM platform.

REDUCE MANUAL PROCESSING

Increase efficiency and eliminate manual invoices with automatic payment reconciliation which links the payment (card, check, bank transfer) against the document (PO, Invoice Payments). Reduce supplier onboarding effort with virtual cards.

MINIMIZE COSTS

Reduce total cost of ownership including costs to add or switch financial partners with one system to make payments. Minimize IT effort to maintain payment infrastructure via one set of APIs that integrate with your ERP. Automatic reconciliation reduces errors thereby reducing bank fees for failed transactions while simultaneously optimizing payment batches to further reduce transaction costs.

INCREASE SPEND UNDER MANAGEMENT & MAXIMIZE REBATES

Driving more spend through virtual cards maximizes the benefits of rebate programs, such as additional rebate tiers, as well as increases spend under management via Coupa's supplier onboarding. Virtual cards limited to an approved PO amount replace uncontrolled p-cards not tied to budgets providing greater spend control. One-time-use virtual cards can be issued within your supplier POs or can be used to pay approved supplier invoices.

Virtual Cards

SAVINGS FROM EARLY PAY DISCOUNTS

Drive supplier adoption of early payment discount programs by embedding offers directly into supplier POs and letting suppliers set lasting discount preferences, giving Treasury maximum flexibility to either pay early to realize discounts or stretch DPO to conserve cash. When used with Virtual Cards, the credit card statement float can be used to fund the acceleration.

Streamline Employee Reimbursements, Reduce Fees

Extend the use of bank transfer with Coupa Pay to employee T&E reimbursements in order to execute payments and reconciliation while reducing unnecessary wire fees.