Optimize Strategic Awards and Complex Categories
Optimize complex categories with the ability to incorporate complex business requirements and categories such as logistics, packaging, and more. Use advanced mathematical optimization to identify optimal solutions.
Explore Sourcing Analytics & Optimization
Model Complex Requirements in Structured Events
Consistently capture data from suppliers for apples-to-apples comparisons across business requirements, risk factors, Corporate Social Resposibility considerations, and more. Easily manage complex evaluation criteria and categories to enable bid assessments based on what is valuable to the company.
Achieve Optimal Solutions with Optimization
Uncover ideal solutions that cannot be discovered any other way with Coupa's 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.
Incorporate Risk and Compliance into Award Criteria
Beyond pre-screening of suppliers for Financial, compliance, and other types of risks, you can incorporate risk and policy compliance goals into into award criteria. From promoting Diverse suppliers to penalizing sole-source decisions, you get the flexibility you need to truly optimize awards.
Immediately Pass Sourcing Results into Contract to Capture Value
With Coupa, the results of completed sourcing events flow directly into Coupa’s Contract Lifecycle Management, automatically and intelligently initiating the contracting process.Explore Contract Lifecycle Management
Maersk Delivers Double-Digit Returns with E-Auctions
Learn how Jacob Gorm Larsen and Mearsk have been able to deliver double-digit returns on over 50% of events after running thousands of e-auctions over at ten-year period at this global logistics giant.Watch Now