Coupa’s spend management-Pros and Cons

General Information

Coupa’s spend management system offers procure-to-pay solutions. Coupa offers a range of business services from procurement to Invoicing, including RFQs, contracts, requisitions & POs, budgets, invoicing and inventory management. Coupa’s strategic solutions aim to deliver on the core mission to increase users and also realize optimum savings. Coupa’s ability to integrate multiple ERPs delivers an intuitive experience to every employee. Procurement now answers for internal customer experience and value creation, which it very easily seems to provide.

Newer Innovations in the Coupa

Coupa has strategic procurement solutions.

Flexibility helps the procurement partner to drive greater value.

Coupa solutions allow one to achieve the highest adoption across all users.

Coupa configurability is one the reasons why people prefer it over other procurement solutions.

Why we use Coupa?

Coupa’s all in one platform has a load of features that help you get total visibility and full control over the company’s overall spending.

Coupa supports global operation having multi-lingual, multi-currency and multi-organizational capabilities that adhere to the international regulatory standards.

One of the main focus areas of Coupa solutions is integration. Coupa allows you to freely integrate with practically any third-party systems that are available, be it ERP or other software categories.

Through its Android and iOS apps, Coupa helps in bringing spending management on the go.
You can approve requests, take receipt photos, and much more directly from your smartphones without any hassle.

Industry Positive Comments

Some of the customers comment that Coupa brings value to your business from the very first day of its usage. It can tailor-made features as per the business need. Coupa does not require complicated installation. Coupa makes data integration easy for all, regardless of anyone’s expertise.

Needs Improvement

Some of the customers expect improvement in the reporting function. To get the required some additional efforts to have to be put. Sometimes the inability to customize the cloud-based applications can be tedious. There is a lack of automated triggers between core Coupa modules. Others also commented that an analytics package must be made a part of the P2P product rather than having it as an add-on. Analytics without add-on is cumbersome.

Similar Products in the Industry

Some of the similar search products in the industry are SAP Ariba, Trade shift, Procurify, Certify, Buyer Quest, Scout RFP, Basware Purchase to Pay, Oracle Procurement Cloud, Spend HQ, and Jaggaer.

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