Coupa Procurement

Coupa is the best Procurement management software solution that can be used to manage other procurement in organizations. Intended to offer more visibility, control and efficiency in the procurement process, Coupa helps to facilitate the purchasing, supplier and expense management processes.

Key features include:

• Supplier Management assists organizations in managing suppliers’ relationships include supplier onboarding, supplier performance management, and supplier collaboration.
• Simplify the order creation and approval process as well as better manage purchase orders.
• Maintain records of expenditures on behalf of any company’s purchases, travels and transactions on corporate credit cards in real time.
• Procurement Analytics & Reporting tools that give a comprehensive view into spend, suppliers and potential of cost reduction amongst others to the procurement team.
• Supplier Collaboration & Sourcing to improve communication with suppliers in order to accelerate the bidding process, sourcing and contracting.
• Automate the whole of the recognizing and subsequent approval of invoices so that the time spent on data entry is minimized.
• Control of supplier relationship and terms are also achieved through the platform. Coupa enables tracking of compliance with terms of contracts which include identifying problem areas.
• Mobile Access application for procurement enables orders, purchase request approval and supplier information within and outside the workplace.
• Budget Control & Compliance with real-time tracking and automated alerts prevent overspending that is not approved and also ensure legal and internal compliance standards are met.

Coupa is recognized as one of the leaders in the field of procurement management as it combines easy-to-use interface, and a set of features that outlines the solution, as well as tightly integrating it into the existing processes.