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Coupa Cloud Procurement, Sourcing and Expense Management

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Coupa delivers software innovation that breeds responsible spending while impacting the company bottom line. It makes companies more profitable by amplifying their spend power, all with one simple platform that employees enjoy using on a daily basis.

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Description

Automate Your Requisitions and Expenses with Coupa for NetSuite

Coupa is a leading on-demand provider of solutions that control and streamline purchasing and expense management for organizations large and small. Coupa’s Cloud Spend Management solution delivers an easy-to-use, fast-to-deploy and affordable solution for requisitions, expense reporting, approval management, purchase orders, RFQs, contract compliance, inventory and invoicing, with no hardware to buy or software to license. With deep domain knowledge in e-procurement, a best-in-class cloud platform, and a fast-growing community of 300+ customers doing business with over 650,000 suppliers, Coupa enables smarter spending practices that empower companies to save money quickly.

Key Benefits

With Coupa for NetSuite Cloud Spend Procurement and Expense Management, organizations can:

  • Stay within budget: Executive dashboards and alerts provide real-time visibility and actionable intelligence to more effectively control spending and prevent over-spending
  • Prioritize Audits: Smarter expense management with intelligent audit scoring focuses accounting review on reports that are out of compliance
  • Prove the Impact: Real-time benchmarking informs companies how to optimize and to improve their spend management practices based on transactional comparisons of their performance against operational key performance indicators
  • Drive User Adoption: Smarter e-procurement and ease of use empowers all employees to actively participate in, and contribute to, company cost savings initiatives
  • Spend Visibility: Capture and bring complete spend visibility across multiple locations

Mobility

Coupa weaves into your daily life by being accessible anywhere, anytime or on any mobile device. Decision makers can have the power to verify budget availability before approving a requisition. No more delays or bottlenecks in the requisition approval workflows.

FEATURES

Requisitions Should Not be a Challenge

With Coupa for NetSuite, it’s as simple for users to make a requisition as placing an order on Amazon. They can even enter requisitions on behalf of other users without affecting reporting. The more your employees use Coupa the greater your control is over your spending.

Your employees can add items to their cart from your suppliers’ catalogs, directly from punchout sites, using a free-form request or form template, or with one click from any website. When their cart is ready it's just one screen to checkout. From shopping cart to checkout, Coupa streamlines the process, intelligently defaulting to your billing account and accessing the built-in address book to help users find the right shipping address.

Tired of Taping Receipts to Hard Copy Expense Reports

Yeah, we are too! That’s why we designed Coupa Expense Management to be the fastest and easiest way to file an expense report, and that starts with an incredibly simple and convenient way to keep track of your receipts.

Have a mobile phone with a camera? Great! Use it to snap a photo of any receipt, and simply email it directly into Coupa Expense Management for easy drag-and-drop entry into an expense report. Put a description of the expense in the subject line with the amount of the receipt, forward it to your dedicated account, and see how Coupa automatically adds that information directly into your expense report. It couldn’t be easier.

Meet Coupa Smarter Contracts

Coupa Smarter Contracts enforces any and all negotiated prices at the time of requisition; automatically tracks your spend and savings; and alerts you to critical commitment timelines and expiration dates. All while seamlessly integrating with your procurement processes and delivering the unmatched usability of the Coupa platform.

Purchasing contracts are one of your most important tools for cost-effectively conducting business with your suppliers. You negotiate the terms carefully - now make sure you’re getting the most out of them!

Customers with Coupa Smarter Contracts will:

  • Enjoy easier, more secure access to purchasing contracts
  • Reap savings via contract enforcement at time of purchase
  • Gain visibility into purchase orders, invoice spend and total savings over a contract's lifetime
  • Prevent saving leakage with proactive contract monitoring
  • Improve contract negotiation with suppliers

Sourcing for the Rest of Us

With Coupa Sourcing, our Coupa-simple sourcing solution, you don’t need a sourcing sorcerer to create sourcing events. Coupa self-service sourcing makes it easy for others in procurement to host and actively participate in eBay-like jousting between suppliers competing for your business. Negotiate more efficiently, and import information from the winning bid right into Coupa Procurement to create catalogs and contracts so you can easily turn negotiated savings into realized savings.