Procurement Leaders Enhance Procurement’s Resilience in Uncertain Markets
Implement proactive purchasing strategies that control costs, address supply risk, and support supplier sustainability.
Cut Costs with Laser Precision
Rising inflation and supply challenges can squeeze your company's margins. But with a precise BSM platform, you can make procurement more resilient than ever. Proactively reduce costs in key areas, monitor compliance and supplier risks, and drive your business’s product and process innovation efforts.
Use precise spend management tools
Get full visibility into spend across all categories, such as tail spend, to drive sourcing events. Optimize high-expense areas, and even eliminate rogue purchasing.
Proactively monitor for compliance and supply chain risks
As you find ways to future-proof your business, you can use Coupa to ensure continuity of supply, protect revenue, and monitor ESG and compliance risks.
Reinvest your savings to build a better business
On a single BSM platform, procurement leaders finally get tools and insights to redeploy savings toward strategic initiatives, like making the supply chain more resilient.
Rise to the next stage of procurement maturity
Discover how people, processes, and technology components transform procurement teams from tactical to innovative in our eBook: The Four Stages of Procurement Maturity.
Overcome Your Biggest Procurement Challenges
CHALLENGE:
What if your CFO asks you to cut costs?
SOLUTION:
Instead of using blanket cost-cutting to reduce expenses, Coupa provides procurement teams with the knowledge, agility, and tools to improve efficiency and reduce spend in specific areas of your business.
CHALLENGE:
What can you do if your sourcing team has limited capacity?
SOLUTION:
Busy sourcing teams are tasked with ensuring continuity of supply while protecting revenue. Coupa helps them digitize manual processes so they can connect contracting, purchasing, invoice validation, and supplier payments in a single platform.
CHALLENGE:
How do you build relationships with reliable, sustainable, and trustworthy suppliers?
SOLUTION:
To deliver on your ESG initiatives and mitigate risk, it’s critical to vet and purchase from reliable, sustainable, and diverse suppliers. Coupa’s business sustainability capabilities ensure that you can save money while accelerating corporate responsibility.
Find Resources to Fuel Procurement Leader Success
Building the Resilient Enterprise: An Action Plan for 2023
As today’s macroeconomic environment continues to challenge procurement leaders, this action plan will help you better manage spend and supply chains.
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The Latest BSM Benchmark Report
Access 20 KPIs that drive best-in-class performance across procurement, risk, invoicing, expenses, and payments.
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Demo: Coupa for Digitizing Procurement, Invoicing, and Payments
Watch this on-demand demo to learn how Coupa generates immediate value by digitizing your procurement, invoicing, and payments processes.
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