COUPA FOR RETAIL
Standing Out in a Global Market
In the retail industry, competition is fierce. Businesses and brands need to stand out by creating seamless, value-added consumer experiences—both in-store and online. Speed, consistency, and experience are in high demand—for everything from inventory levels, fixtures, and signage, to packaging, and point of sale service. Managing non-merchandise spend can be crucial to getting it right and winning customer loyalty
Top retailers look to Coupa’s cloud-based software platform to gain speed, control, and competitive advantage in managing every detail, including websites, global freight and local delivery, temporary or seasonal labor, and everything in-store. With Coupa, you can manage it all.
Coupa Retail Benefits
Store Level and Location Efficiencies
Coupa’s cloud-based software makes it easy to get pre-approvals and raise orders quickly, avoiding overpayment and compliance gaps. Simplified non-merchandise ordering saves valuable warehouse and distribution space, while ensuring smooth site or store operations. Store openings, re-fits, and seasonal promotions can also be implemented on short notice with fixtures, fittings, and contract labor available as-needed.
Training high-turnover staff in many locations can be costly and logistically challenging in the retail industry. With Coupa, you can get new or temporary employees productive right away, with minimal training. The intuitive, easy-to-use interface lets employees quickly find what they’re looking for, complete requisition details, get approval, and receive what they need. Plus, they can create templates for frequent orders, track stock levels, and manage non-merchandise inventory.
Visibility and Control
Budget owners and managers can track and approve purchases easily with mobile approvals, wherever they are. With instant access via the web on any device or with the Coupa mobile app, employees who are on the road can stay on top of spend even if they don’t carry a laptop. Coupa creates budget visibility down to the store level, allowing for better business and brand control across the board.
Extend ERP Value
Strategically extend much needed spend management functions to your ERP, bringing agility, stakeholder satisfaction, and real results. Coupa integrates quickly and easily with one or many ERPs via our open API and connectors, freeing your IT team to focus on core initiatives.
"Beyond savings, we've created efficiencies in the process. We've eliminated over 20,000 paper invoices."
— Debbie Townsend, Director of Purchasing and Real Estate, TCI Tire Centers
With Coupa’s cloud-based delivery model, you get the benefit of ongoing innovation without software and hardware IT maintenance tasks. From sourcing and purchasing to automated, touchless invoicing, Coupa has spend management solutions that create real savings for retail organizations—and that’s the bottom line.
An easy-to-use system that directs employees to preferred vendors and contracts? It’s called Coupa Procurement.
Increase efficiency, stop pushing paper, and capture early-payment discounts. Sounds like savings.
Replace Excel, manual expense processing, and pay-by-report solutions. Unified expense management brings savings to T&E.
Metrics that Matter*
$1.6B+ in Savings
99%+ End User Adoption
3.9 Hrs. to Approve Purchases
96%+ Standard Purchases
*These metrics are as of 04/30/17 and represent the aggregated results of all Coupa customers that are deemed part of the Retail industry.
Amount of savings is derived based on certain industry benchmarks.