Visibility and Control: Why Thoughtspot Combined Coupa With NetSuite

Hear from Raquel Peasley, Controller at Thoughtspot, and Neetu Jackeeray, Sr. Manager of Business Applications & Integrations as they share how Coupa gave Thoughtspot the visibility and control necessary to streamline procurement and accounting, for employees, Accounting, IT, and vendors.

Challenges of NetSuite Alone

  1. Manual payment and reconciliation processes were burdensome.
  2. There was a lack of visibility and control of daily spend from siloed P2P processes.
  3. Lack of visibility consumed employee and accounting time.
  4. Payments to vendors weren’t timely.

Benefits of Coupa + NetSuite

  1. Quick deployment using Coupa’s prebuilt NetSuite integration.
  2. Increased efficiency and saved time from automation and virtual card use.
  3. Ease of access and increased visibility for finance, employees, and suppliers
  4. Elimination of manual debugging of transferred reports.

“The virtual cards are really helpful because you can basically just set it and forget it.”
— Raquel Peasley, Corporate Controller

FAQ

After integrating Coupa, what were some measurable results?

Some of the impacts were:

  • 98% of transfers go through cleanly
  • Work was reduced by an average of 5 hours per cycle
  • 60-line expense reports were eliminated with pre-approval
What were the lessons learned?

Some of the lessons learned were:

  • Use Coupa’s out-of-the-box integration as much as possible
  • Record changes to your ERP system
  • Get people on-board using creative tactics (the webinar lists specifics!)
  • Have a strong relationship with your IT department

To hear more lessons learned, download the webinar!