Procurement, Accounts Payable, Expense Reports, Contracting and Sourcing), companies that buy Coupa were feeling a pain that motivated them to take action. That’s why we have the highest adoption rates in the industry. It’s not hard to see why so many companies are looking to Coupa to help create value for their organizations! Pros. For small to medium-sized companies, the key challenges for our customers are the lack of scalability in their current technology platform to support a growing business, the need for better visibility and control, and a desire to improve process efficiencies especially in Accounts Payable and Accounting. Click on the Create Blank Invoice button above the Invoices table. Save my name, email, and website in this browser for the next time I comment. At Coupa Inspire 2019, I asked customers for their take on Coupa's moves with Community Intelligence and Coupa Pay, some of which you can see in World Vision Canada on the art of modernizing procurement - and their views on Coupa Pay.. Remember all the concerns a few years ago about the movement from on-premise to cloud software or the use of Dropbox as a file-sharing platform? Larger enterprises and global companies who have mature organizations also pursue the unlocking of millions of dollars in annual spend savings through a well-controlled process enabled by Coupa. Coupa prices upsized offering of … In the journey to supporting some of the largest companies in the world, the strategic vision expanded to build or acquire new capabilities in functional areas such as Sourcing, Contracting, Risk Management, Supplier Information Management, Analytics, Accounts Payable Automation, Contingent Workforce, Artificial Intelligence, and more. Seasoned executive with extensive experience and thought leadership in transforming Financial processes such as Procure-to-Pay. Bluvault offers Connectors to many of these systems to accelerate the implementation roll-out and avoid the ongoing integration maintenance requirements for our customers. It’s more than how much you paid for something or what a new solution saved. Asim Malik Project Manager. The true test of the value of a software platform is whether the customer can achieve measurable results in areas such as spend savings, efficiencies, or visibility and control. Bluvault is recognized as a leader in PTP implementations, proprietary robotics software to automate Accounts Payable, systems integrations, and supplier enablement. We work with Finance, IT and Procurement executives and team members across a diverse set of industries including Technology, Life Sciences, Manufacturing, Construction, Financial Services, Education, Non-Profits, Amusement Parks, and even Zoos. That’s why we have the highest adoption rates in the industry. Optimize spend with speedy transactions. It’s hard to imagine too many people in our society fear technology since most people carry around powerful mobile devices all day long. Seeking Alpha 198d. Zacks 198d. Based on our experience and customer feedback, we have observed there are five reasons why Coupa has done so well in acquiring and retaining over 900 customers. You can reduce hiring time up to 40% with Coupa BSM assessment test. Here are five reasons why: 1. Read Case Study. Make quick decisions with information at your fingertips. From our own operations to what we offer clients, we are focused on one thing: business value. Your Suppliers, No Added Fees. This acquisition provides businesses with the advanced technology they need to extensively evaluate the risk of their supplier base to further protect their brand and bottom line. This cloud-based spending management solution ensures you get maximum profits by smartly controlling spending and finances. Coupa is easy to navigate and to understand. Achieve greater agility for faster time to value. I was a partner with Accenture, and our client was a well-known bank in Northern California. A Leading Indicator of Economic Growth. Our customers spend money on all sorts of goods and services through thousands of suppliers. Why use Interview Mocha’s online Coupa skill test? Flexera now is one of Coupa’s trusted partners. It does take some effort to transition to a new software platform, but the pain propelled them forward. A side benefit that we have experienced is that we were able to get rid of a shadow system that our IT department was using to track spending. The approval process with Coupa is flexible, allowing both email and mobile approvals, and everyone in that approval chain has access to check the status of purchasing requisitions. Coupa acquires treasury management firm. Coupa is a … Depending on your customer's specific Coupa configuration, you can manage content and settings on a customer-by-customer basis, including viewing purchase orders, setting up delivery methods, creating catalogs, sending invoices and advance ship notices (ASNs), checking the status of … Looking ahead, there is much room for optimism for Coupa and its customers. Coupa makes it easy for every user in your organization to get things done fast. From capturing expenses digitally to flipping invoices via email, the Coupa platform works harder so your users don’t have to. Coupa, Inc. is the leading provider of cloud based procure-to-pay solutions. At Coupa we have a higher purpose. According to the Coupa Business Spend Management 2019 Benchmarking Report, leading organizations that use Coupa software are able to control and pre-approve 99.8% of spend through the software platform. BOX - Customer Case Study. Coupa Software offers a cloud-based procure-to-pay system. When a system is intuitive and easy to learn, people use it. Why Coupa Shares Should Continue to Outperform Recession fears are diminishing and the Fed is as accommodative as ever, with a strong economy in the backdrop. For Coupa customers, there is a clear business case for change. The university has also completed contract, commercial, privacy and data security reviews of the product and has approved Coupa for use. From strengthening relationships with suppliers to integrating with leading technologies, Coupa opens the door to a world of opportunities. In the early years, Coupa primarily focused on Procurement and Accounts Payable functions and had a solid customer base founded on small to medium-sized businesses. Coupa is very easy to use and does not feel like an ERP. Despite the advancement of technology in recent years, it’s not a stretch to understand and appreciate that business executives may hesitate to invest in new software due to concerns about poor adoption by their employees or suppliers. The move into supply chain planning is consistent with Coupa's increasing use for direct purchasing of production materials and components alongside its original focus on indirect spend. Adding Coupa's data about supplier performance and spend patterns will help inform the model and should make decision making more accurate, says Wilczek. Order your copy of his book, Value as a Service: Embracing the Coming Disruption, and discover how your company can better deliver value step by step. Another example of technology adoption is the rapid expansion of online shopping and exponential growth of online retail giant Amazon. Coupa Software (COUP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well. Bluvault also specializes in ERPs such as NetSuite, Intacct, Oracle, QuickBooks, and Sage. This is where eDreams ODIGEO purchase orders (PO) are located. Looking to learn more? Coupa’s comprehensive solution set—covering everything from procurement and sourcing to invoicing and travel/expense management—is easy to use right out … "Coupa's unique technology solution will help us optimize and harmonize our source-to-pay processes, providing cost savings, a simplified system and greater ease of use." Read Testimonial. Coupa makes it easy for employees to submit purchase orders and for suppliers to be reviewed and accepted prior to PO submission and approval. Our Bluvault customers do business in the United States and around the world in over 100 countries. Within the Business Spend Management process (i.e. This truth bomb resonates with all of our Coupa customers. 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