2024 Gartner® Magic Quadrant™ for Source-to-Pay Suites

In the first-ever source-to-pay (S2P) report from Gartner, Coupa is named a Leader for its completeness of vision and ability to execute. The Magic Quadrant™ evaluated 10 vendors based on customer experience and innovation, among others.  Coupa was placed as one of only two vendors named a Leader.

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Coupa identified as a Leader for S2P Suites

Coupa is one of only two vendors in the Leaders quadrant and is furthest on the Completeness of Vision axis.

Coupa was recognized based on what we believe is our ability to drive a transformational AI-driven S2P experience. We’re dedicated to innovation and product expansion, and we believe our S2P solution capabilities make us unique in the marketplace. Our platform delivers comprehensive agility and resilience at every step of your sourcing, procurement, and supply chain. With Coupa, you get better compliance, stronger financial controls, lower risk, and optimized payments, cash, and liquidity. But most importantly, you gain the confidence that comes with a trusted solution.  

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Drive exceptional value through our unified, AI-driven platform which includes:

Prescriptive AI-Driven Insights

Use AI-driven community insights to negotiate the most competitive prices, drive more efficiencies, and improve operational performance by leveraging $5T in spend data across Coupa.

Guided & Unified Direct and Indirect Spend Management

Guide employees through direct and indirect buying processes. Streamline workflows with a seamless connection to contracts, multiple options for electronic invoicing, real-time supplier risk alerts, real-time spend analysis, and more.

Intelligent Fraud Detection

Manage risk more efficiently and effectively by leveraging the latest AI and machine learning. Detect errors and flag fraudulent activity automatically across all business spend.

Compliant Invoicing

Keep up with changing regulations and manage suppliers across borders with Coupa's built-in Compliance-as-a-Service (CaaS) capabilities.

Seamless Payments

Automate reconciliation and efficiently manage all payments to suppliers, employees, subsidiaries, and others.

Ecosystem of Partners

Make Coupa the hub of any spend management operations through pre-built and certified partnerships with hundreds of third-party companies including payment partners, suppliers, and technology partners.

Disclaimers:

Gartner, Magic Quadrant for Source-to-Pay Suites, Micky Keck, Naveen Mahendra, Kaitlynn Sommers, Lynne Phelan, Cian
Curtin, Balaji Abbabatulla, Chaithanya Paradarami, 29 January 2024

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This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Coupa.