Coupa simplifies services procurement by tracking time, materials, and costs, so you can ensure suppliers are meeting service-level agreements (SLAs). With Coupa's services procurement software, it's easy to collaborate with suppliers and ensure compliance with SOW-based contracts.
Collaborate easily with service providers and internal stakeholders across the lifecycle of any SOW-based project.
Ensure that invoices match negotiated rates and that you only pay for completed work.
Keep projects on-time, on-quality, and on-budget with real-time budget integration and easy time and quality management.
Request all types of SOW-based services in a unified platform that guides employees to input the right data. Capture contingent labor details, delivery information, milestones, and rate cards. Attach SOWs so that suppliers have all the information they need to fulfill service requests.
Allow contractors to easily enter timesheets and service completion details via email, while enabling seamless collaboration with you throughout the entire lifecycle of a services project.
Employees and resource managers can provide service provider reviews, similar to the way that you review businesses online. With this visibility, employees can select the best vendors so that SOW-based services projects improve over time through higher quality and on-time delivery.
How do you compare to global industry leaders across 4 core BSM processes? Explore how to measure your source-to-contract, procure-to-pay and expense management success.Benchmark Yourself
For many organizations, complex services make up a considerable percentage of overall spend—and that number is on the rise across virtually every industry. While you work hard to negotiate rates, define deliverables, and agree on terms and conditions, once your suppliers or consultants begin work, keeping track of the actual work done and invoiced can be a real challenge. Services Maestro makes services procurement simple by leveraging the same
user-centric workflows as Coupa Procure. Track time, materials, and costs, and make sure your suppliers are meeting service level agreements (SLAs). Ensure compliance with complex contracts and collaborate easily with suppliers to gain a better understanding of project progress and value. Services Maestro gives organizations a high level of visibility and control over all services spend, as part of a holistic business spend management program.
View BSM automation in a holistic, strategic manner.
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CFO.com and Lagunitas discuss ways to measure Business Spend Management success.