Drive Efficiency & Performance
Use Contract Management software to put data to work and enable efficiency and control across the entire contract lifecycle. Minimize risk with visibility into the terms of all types of contracts, and improve contract efficiency with AI-driven metadata extraction. Seamlessly connect contracts with all aspects of spend management.
Speed time-to-value and improve compliance
Intelligently extract metadata & analyze clauses
Simplify third-party contract processing with advanced AI that intelligently parses documents, extracting vital information swiftly and accurately. Take action on risk-informed clause recommendations that are surfaced from supplier risk profiles to mitigate risk exposure. And cut down review cycle times with generative AI-powered contract summaries that summarize terms, dates, and obligations.
Streamline every workflow
Powerful workflows enable efficient collaboration for negotiations, internal contract review, and approval to ensure strict control and capture audit trail. Embedded workflow triggers automatically route high-risk terms for review.
Speed drafting & negotiations
Reduce the time to negotiate, approve, and finalized drafted contracts by giving legal and other departments the full benefits of the clause library and workflow within the most-commonly used contracting tool: Microsoft Word.
Connect contracts with sourcing & purchasing
Accelerate contracting of new sourcing awards by automatically pushing bid data to contracts. Immediately pass new contracts into purchasing to ensure employees are buying against the latest terms and then automatically validate invoices against contracted pricing to ensure value capture.
Get insight into every contract
Capture every contract — whether on your paper or not — in a single repository for company-wide visibility, including a prevailing terms view that summarizes the state of the current agreement across multiple contracts with a single counterparty.
Understand risk across all contracts
Maintain tight control of contract risk with built-in risk scoring both during the drafting process and post-execution to provide consistent risk maintenance across all contracts.
Improve your contracting process
Keep close track of important dates and minimize service disruptions with automated contract milestone alerts and customizable dashboards. AI-powered peer benchmarking and KPIs identify any inefficiencies and areas for improvement in your contracting process.
Coupa positioned furthest to the right in Ardent Partners’ Strategic Sourcing Technology Advisor Report
A perfect match: Contract Management + Supplier Management
Connect contract and supplier management to make better contract decisions with a full understanding of any risks or performance issues uncovered during supplier vetting and beyond. Ensure that the right protections and mitigation plans are included in contracts, as well as any other up-to-date standard terms.
Created to connect: Contract Management + Sourcing
Coupa simplifies the process of formalizing agreements by transferring award decisions and all terms to contract immediately following each sourcing event. Avoid delays, errors, and omissions by creating contracts and catalogs to start realizing the benefits of your sourcing events right away.
Better together: Contract Management + Procurement
Drive more on-contract spend and maximize the value of your contracts by surfacing contracted items and prices directly to end-users as part of a guided buying experience. Downstream, automatically validate invoices against POs and your contracted pricing to ensure contract compliance.
This automotive retailer used Coupa’s contract lifecycle management software to realize results in weeks.
This financial service company used Coupa’s contract lifecycle management software to standardize all contracts.
This Danish retail group used Coupa’s contract lifecycle management software to improve negotiations and drive 99% of on-contract spend.
Get a demo
Learn why the world’s biggest brands trust Coupa to improve margins and grow their business.
Chat with Coupa
Ready to switch to the #1 AI Total Spend Management platform?