
"Visibility remains a huge challenge for CFOs in today’s dynamic and ever-evolving business environment. It’s critical that CFOs adopt a cloud-based strategy that enables them to have visibility and control over their spend to make more strategic and informed business decisions."
-Rob Bernshteyn, Chief Executive Officer, Coupa
Key Report Findings
- To better manage costs, 60 percent believe process or technology improvement is critical (pg 3)
- 67 percent see process or technology improvement as critical to managing risk within the next two years (pg 10)
- Breaking down siloes and improving cross-department collaboration is key. Nearly 60 percent who assess their organizations as most able to manage risk, cost, and capital are collaborative
- Business performance risk is the number one threat with the potential to impact the financial position of those organizations surveyed
HOW STRATEGIC CFOS GAIN CONTROL WITH BUSINESS SPEND MANAGEMENT
The challenges addressed in the EIU Report, “The Strategic CFO in a Rapidly Changing World,” are at the heart of modern Business Spend Management (BSM). Providing CFOs a single point of control for managing business policies and processes for all spend – whether it’s a pre-approved requisition against a contract, a post-approved business expense report, or an un-approved non-backed invoice – BSM offers finance leaders an easy way to gain control of all of their spend.
FEATURED COUPA RESOURCES

IDC MARKETSCAPE
Coupa recognized as a global leader in IDC MarketScape: WW SaaS & Cloud-Enabled Procure-to-Pay Applications 2018
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2021 Coupa Business Spend Management Benchmark Report
16 Community-Powered KPIs to Help You Spend Smarter and Prevail Over Uncertainty
BENCHMARK YOURSELFIT'S ALL ABOUT MEASURABLE BUSINESS RESULTS

NEC
Live in less than 3 months integrated to SAP

SALESFORCE
80% of total spend managed within Coupa

SANOFIS
95% user approval rating, live in 8 months integrated to SAP

GREIF
87% of invoices are processed electronically

CONCENTRIX
Live in 5 weeks across 20 countries

AVALON HEALTHCARE
88% reduction in request to approval time from 48 to 8 hours

THE FRESH MARKET
67% decrease in time to create purchase orders

SCI
98% of POs sent electronically to 160,000 suppliers

CSAA INSURANCE
Reduced rule exceptions from 300 to 25

CELLERANT THERAPEUTICS
Doubled the amount of transactions processed without adding headcount
