Coupa Innovates Business Spend Management with

Release 21

R21 continues to advance Coupa’s market leading capabilities with enhancements to Coupa’s Community Intelligence, expanded openness to third party systems, and even more user-centric experiences.

Coupa’s Community Intelligence uses AI to help companies make better spend decisions

Commodity Insights

How much are you spending on your commodities compared to best-in-class companies? With Commodity Insights, you now know. Built on Coupa’s Community Intelligence, Commodity Insights helps optimize category spend and identify the best suppliers for your company’s critical commodities.

  • Users can view spend on a commodity level and compare transaction spend or volume vs. the community.
  • Users can analyze supplier mix vs. the community.
  • Top recommendations to optimize spend are surfaced along with actionable next steps.

Coupa’s Community Intelligence uses AI to help companies make better spend decisions

Approver Cycle Times

Does your company want to process requisitions, invoices, or expense reports more efficiently? Coupa now presents per approver cycle times compared to community leaders to foster more efficient reviews and approvals.

  • Engaging and intuitive visuals are seamlessly integrated into the approval list view.
  • Reminder emails can be sent to ensure faster approvals.


Coupa expands integrations with 3rd party systems

Amazon Echo for Inventory Management

Stock room users can now use Amazon Echo to ask where items are located, adjust inventory balances, and reorder stock.

  • Stock room users can use voice commands to pull information about an item’s location, on-hand balances, and more. Alexa can also adjust balances and order items.
  • This feature provides hands free convenience for Coupa’s Inventory Management users.

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Coupa expands integrations with 3rd party systems

Bring Your Own Feed to Supplier Risk Aware

Many customers want to use their own sources of governance, risk, and compliance (GRC) data while managing suppliers within Coupa. Now Risk Aware can ingest external GRC data about suppliers and combine with Risk Aware data to calibrate inputs to the Supplier Health score.

  • Companies can add multiple sources of external data
  • Administrators can calibrate the Supplier Health score with the imported data.
  • This provides increased visibility into supplier GRC data, Corporate Social Responsibility scores, and more.

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Coupa continues to create more user-centric experiences

Self-Coding Taxes on Invoices

Inputting taxes often represents a highly manual step in invoice processing. Now admins can configure rules to assign tax codes automatically.

  • Tax codes on supplier invoices will be automatically updated based on configured rules.
  • Self-Coding Taxes paves the way for touchless invoicing.

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Early Access Programs push the envelope on our market leading capabilities

Spend Guard

Using Community Intelligence, Coupa can automatically detect potential fraud from suspicious spending behaviors.

  • Coupa builds expected behavior profiles based on community spend data and flags suspicious activities for audit.
  • This results in higher audit efficiency, with fewer audits required in order to catch more errors and fraud.

If you are interested in learning more, please contact your customer success manager.

Early Access Programs push the envelope on our market leading capabilities

Open Buy Expansion

Users sometimes have to punch out of Coupa in order to access externally hosted catalogues. This gives companies less control over the buying experience and adds extra steps to the user experience. With the Open Buy Expansion, more catalogues are brought directly into the Coupa Procurement interface.

  • Companies have greater ability to influence buying decisions.
  • Users can compare items side-by-side between catalogues without having to leave Coupa.

If you are interested in learning more, please contact your customer success manager.

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Learn how Coupa’s latest enhancements can help maximize your spend under management,
achieve significant cost savings and drive profitability.

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