World-Leading Advanced Sourcing Optimization

Consistently capture data from suppliers for apples-to-apples comparisons across business requirements, risk factors, Corporate Social Responsibility considerations, and more. Easily manage complex evaluation criteria and categories to enable bid assessments based on what is valuable to the company.

Identify ideal solutions that cannot be discovered any other way with advanced optimization algorithms. Quickly identify alternative solutions and multiple scenarios, taking into account as many business criteria and constraints as necessary. Ask unlimited “what if?” questions.

Flexible bidding empowers suppliers to make their best offers and get creative in negotiations. Through expressive bidding that includes alternative offers, tiered pricing, bundle and volumetric discounts, suppliers can consider and submit multiple bid scenarios that enable win-win outcomes.

Beyond pre-screening of suppliers for financial, compliance, and other types of risks, you can incorporate risk and policy compliance goals into award criteria. From promoting diverse suppliers to penalizing sole-source decisions, you get the flexibility you need to optimize awards.

With Coupa, the results of completed sourcing events flow directly into Coupa Contract Lifecycle Management, automatically and intelligently initiating the contracting process.

Remove the administrative burden of managing complex sourcing events and enhance communication between buyers and suppliers with fully configurable and automated project workflows.

Increase sourcing efficiency and get new projects off the ground faster with pre-built templates and the ability to clone existing spreadsheets, events, and projects.

Respond to transportation changes with agility by identifying and closing gaps and securing capacity.