In the first-ever IDC MarketScape study on direct spend, Coupa is named a Leader. The report is based on IDC analysis and customer feedback to assess solutions that manage direct material sourcing and procurement.
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. The Capabilities score measures supplier product, go-to-market and business execution in the short-term. The Strategy score measures alignment of supplier strategies with customer requirements in a 3-5-year timeframe. Supplier market share is represented by the size of the icons.
Coupa’s platform is optimized for direct spend
As companies adopt intelligent, adaptive supply chain strategies and technologies, Coupa is proud to be recognized by the IDC MarketScape as a Leader in Direct Spend. Coupa’s unified, AI-driven platform empowers organizations to become more efficient, profitable, and sustainable while responding quickly to potential disruptions before they happen. The IDC MarketScape assessment noted Coupa’s strengths in managing direct spend:
- “Coupa offers a holistic platform for optimized direct spend, leveraging a robust platform that fosters supply chain collaboration, mitigates risk, facilitates ease of supply chain design and planning, and is seamlessly integrated with the full S2P suite to drive ease of contracting, purchasing, and invoice management.”
- “PO collaboration provides strong business value for managing the tedious, time-consuming task of coordinating PO changes when executing complex and expansive bill of material (BOM) orders.”
- “Coupa’s category planning and spend analysis capabilities drive strong category management practices to drive collaboration and optimize sourcing decisions across an entity’s LOBs.”
- “Users have a favorable opinion regarding the ability to vet suppliers in accordance with attributes such as supply chain risks and sustainability metrics and evaluate scenarios via the digital twin.”