Supply disruptions and supplier misbehavior can hurt the brand as well as the bottom line. With Coupa supply chain risk management software you can enlarge your focus beyond a small set of critical suppliers to optimize your entire supply base.
View breakdowns of spend by supplier risk and performance ratings, as well as opportunities to channel spend to lower-risk suppliers.
Supply chain risk management software dynamically scores suppliers based on supplier performance, restricted-party screening, and financial and other risks.
Supplier and vendor risk management software gives users prescriptive suggestions when ratings change, such as putting spend on hold for a supplier.
Most organizations recheck supplier risk and performance quarterly or annually. Coupa takes a different approach to vendor and supplier risk management, providing continually-updated ratings.
Collect ratings from users at the right time, and automatically pull those into scorecards showing how those rating scompare with benchmarks from the community.
Coupa's supplier risk software combines collective insights from across Coupa's global customer community with third-party information on financial, judicial, news, and screening lists to create a single risk score for every supplier.
Use supplier risk software with Procure-to-Pay to deliver real-time visibility into spend at risk. Not only do you get visibility into which suppliers may not be reliable; you also get visibility into POs and invoices with those suppliers.
Do more than just monitor supplier risk. Take instant action. Coupa vendor and supplier risk management software recommends steps to take, such as putting high-risk suppliers on hold or reviewing alternative suppliers.
Every business understands the damage supply chain disruptions can do to productivity and profits, but knowing how to get out in front of supply chain risk is a real challenge. While most risk-assessment solutions focus on a small number of critical suppliers, at Coupa we believe every supplier’s status has the potential to impact your business. That’s why we created Coupa Risk Aware to provide visibility into risk factors across your entire supplier base, plus the tools you need to prevent problems.
Coupa Risk Aware rates every supplier dynamically using the Coupa community’s collective insights as well as credit ratings and legal checks. Our cloud-based supply chain risk monitoring platform lets you stay up-to-date and aware with real-time dashboard alerts. And integrating supplier risk ratings with actual spend data allows you to take control of Spend at Risk by following our prescriptive recommendations. Only Coupa Risk Aware vendor and supplier risk management software lets organizations monitor supplier risk in real-time and take immediate action to avoid disruption. It’s time to say good-bye to supplier risk and hello to spend control.
Watch this webinar hosted by OCEG to learn how you can drive risk culture within your company by integrating a third-party management strategy with a broader business spend management strategy.
Check out Coupa's eBook to learn how to effectively manage third-party risk while protecting your organization's brand and bottom line.
Watch this on-demand webinar from Deloitte to learn how to get the right visibility into supply chains and third-party ecosystems while establishing proper controls to get ahead of increasing risk