Coupa Business Spend Management

4,1 (36)
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Everything You Need to Optimize Your Spend in One Place
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About Coupa Business Spend Management

Coupa’s cloud-native suite of Business Spend Management applications lets customers gain visibility and control over their spend and supply chains. Customers get an end-to-end process that helps drive collaboration across procurement, finance, treasury, compliance, and supply chain leaders to help their companies spend smarter, mitigate risk, deliver on ESG commitments, and improve resilience. A unified platform approach provides usability and flexibility, freeing up IT from customizations and complex integrations to help leaders deliver on these goals.

Pricing starting from:

N/A

  • Free Version
  • Free Trial
  • Subscription

Top 5 alternatives to Coupa Business Spend Management

Key benefits of Coupa Business Spend Management

Coupa allows everyone across your company, as well as your suppliers, to conduct all of their business spend activities in one place allowing them to:

  • Optimize the Supply Chain: with the ability to model the entire supply chain as a “digital twin” and move to continuous design

  • Electronically Manage the Entire Source-to-Pay Process: from spend analysis to risk vetting, sourcing, contracting, purchasing, invoicing, working capital programs, digital payments, and automatic reconciliations—covering all types of goods and services, all on the same unified platform

  • Collaborate with Suppliers: starting with the millions of suppliers already transacting digitally, and engaging others with no fees and instant visibility to POs, invoices, and payment status via the platform for more effective relationships

  • Mitigate Risk: with comprehensive third-party risk management across many tiers of the supply chain, continuous community-powered risk and performance monitoring, and real-time fraud detection

  • Optimize Travel and Expense Management: with booking, continual price monitoring, expense reporting and employee reimbursements

    • Devices

    Business size

    S M L

    Markets

    Canada, United States

    Supported Languages

    English

    Pricing starting from:

    N/A

    • Free Version
    • Free Trial
    • Subscription

    Top 5 alternatives to Coupa Business Spend Management

    Images

    Coupa Business Spend Management Software - Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.
    Coupa Business Spend Management Software - Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.
    Coupa Business Spend Management Software - Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.
    Coupa Business Spend Management Software - Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.
    Coupa Business Spend Management Software - With and end-to-end process for travel bookings, continual travel cost optimization, and advanced configurations for finance teams, easy-to-use Coupa T&E helps organizations gain greater control and visibility over their expensed spend.
    Coupa Business Spend Management Software - Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers.
    View 7 more
    Coupa Business Spend Management video
    Coupa Business Spend Management Software - Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.
    Coupa Business Spend Management Software - Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.
    Coupa Business Spend Management Software - Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.
    Coupa Business Spend Management Software - Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.
    Coupa Business Spend Management Software - With and end-to-end process for travel bookings, continual travel cost optimization, and advanced configurations for finance teams, easy-to-use Coupa T&E helps organizations gain greater control and visibility over their expensed spend.
    Coupa Business Spend Management Software - Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers.

    Features

    Total features of Coupa Business Spend Management: 18

    • Billing & Invoicing
    • Compliance Management
    • Contract Lifecycle Management
    • Contract/License Management
    • Data Visualization
    • Demand Forecasting
    • Expense Tracking
    • Inventory Management
    • Inventory Optimization
    • Invoice Processing
    • Procurement Management
    • Purchase Order Management
    • Requisition Management
    • Sourcing Management
    • Spend Analysis
    • Spend Control
    • Spend Management
    • Supplier Management

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    Reviews

    Overall rating

    4,1 /5
    (36)
    Value for Money
    3,5/5
    Features
    3,6/5
    Ease of Use
    3,8/5
    Customer Support
    3,8/5

    Already have Coupa Business Spend Management?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

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    Showing 5 reviews of 36 Read all reviews
    Showing 5 reviews of 36
    Garth S.
    Overall rating
    • Industry: Media Production
    • Company size: 1 001-5 000 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 7.0 /10

    Things to be aware of for new users

    Reviewed on 2020/07/16

    Overall my experience has been fantastic! I am beginning to get reporting at a detailed level that...

    Overall my experience has been fantastic! I am beginning to get reporting at a detailed level that I've never had, I enjoy the audit trails and Audit oversights

    Pros

    Super powerful package. We have a Procurement module, SIM (Supplier Information management), Sourcing, AI. This is an extremely powerful and well-orchestrated product. We had a very knowledgeable implementation team from Coupa which to really great job discovering on identifying what we needed due for the setup. We've been using this product now for about 4 months and now implementing a second affiliate company without much assistance from Coupa and it's going pretty well.

    Cons

    Beware that systems integration is much more complex than anyone tells you it is. Its been four months since go-live, And we are still having problems with integrating to oracle. Some may read this review think that this is a problem with the implementer, some of it may be. Specifically, we are struggling with the supplier integration and though we have weekly calls, we are still having problems. So just wanted to be aware we were made to believe that Integrating was done all the time and has never been a problem

    Eyüp Ö.
    Overall rating
    • Industry: Financial Services
    • Company size: Self Employed
    • Used Daily for 1-5 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 7.0 /10

    Coupa EO

    Reviewed on 2022/04/19

    I can devote more time to other tasks because I create invoices more quickly.

    I can devote more time to other tasks because I create invoices more quickly.

    Pros

    They are very good at billing. I think the security systems are also good

    Cons

    It still has a lot of shortcomings in integration with some software. They need to fix these asap

    Alternatives Considered

    Precoro

    Reasons for Switching to Coupa Business Spend Management

    Because it can create invoices in an easier way. But I also use other software at the same time
    David J.
    Overall rating
    • Industry: Financial Services
    • Company size: 501-1 000 Employees
    • Used Weekly for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 0.0 /10

    Coupa is the worst software I have ever used

    Reviewed on 2019/10/01

    Pros

    Absolutely nothing. The software is the least institutive, user friendly I have ever used.

    Cons

    Regardless of whether I am using expenses, requisitions or invoices, I have never been able to submit or save anything without having to get the finance team to perform magic in the background. The end user typically gets an error message "Please fix the errors below", but there are never any highlighted fields or errors displayed.

    Shivam A.
    Overall rating
    • Industry: Pharmaceuticals
    • Company size: 1 001-5 000 Employees
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Good Tool to Manage Purchase Orders

    Reviewed on 2020/02/13

    Overall experience has been good. The vendor receives the purchase order once approved via email....

    Overall experience has been good. The vendor receives the purchase order once approved via email. Once the service has been received attaching the invoice and the closure procedure is easy as well.

    Pros

    I have been using Coupa for 2+ years. Mainly use it to create Purchase Orders to vendors. Receive invoices from suppliers. The software has an inbuilt approval process to route Purchase Orders, vendor master service agreements. The software can be synced with Microsoft office which allows you to get notifications when a request is new your queue or the Purchase Order has been approved or denied. It also allows you to run queries to tabulate budgetary expenses and track historical expenditure. Creating a Purchase Requisition is fairly easy and straightforward.

    Cons

    Coupa is very useful and easy to navigate but requires training to become proficient in the application. Suggestion is to create job aids/ training procedures which can be used as a reference guideline whenever needed specially for personnel not using the application too often.

    Lynne F.
    Overall rating
    • Review Source

    Overall rating

    • Ease of Use
    • Customer Support

    Coupa's e-Procurement Solution Helps Students in Need

    Reviewed on 2009/07/21

    I highly recommend Coupa as an e-Procurement solution. Once you get the hang of it, it's really...

    I highly recommend Coupa as an e-Procurement solution. Once you get the hang of it, it's really quite easy. And, once you do, your organization's work flow will be enhanced forever.

    The most amazing part is to be able to take immediate advantage of Coupa's incredible new features, such as iRequest. Coupa is not a static company, and they are constantly updating features.

    Coupa's team provides personalized service and lots of 'hand-holding'. They listen well to our needs. And, our students in need in the Washington, D.C. area are better served as a result

    Coupa has helped transformed us into a 21st century organization with streamlined operations that enable us to stretch our donor dollars and help more students in need.

    Pros

    Neediest Kids is a nonprofit organization that works with 8 area school systems in the Greater Washington, D.C. area. We provide emergency funds to these school systems to purchase the basics - new clothes, school supplies, medical or dental care, eye exams and glasses, and more - so students (K-12) can stay in school and thrive.

    Coupa's system has moved Neediest Kids from a traditional paper-based system of authorizations and receipts with school professionals spending their own time to shop for items for their students in need. We operate now through a web-based process of issuing POs that go directly to vendors with products shipped directly to school professionals. Thus, we have efficient purchasing, streamlined requests to vendors, real-time product and budget tracking, invoice reconciliation, and more.

    It's fast...it's internet fast!

    Cons

    There are always a few tweaks that could happen here and there, but we get 95% of what we need!

    Showing 5 reviews of 36 Read all reviews

    Coupa Business Spend Management FAQs

    Below are some frequently asked questions for Coupa Business Spend Management.

    Coupa Business Spend Management offers the following pricing plans:

    • Starting from:
    • Pricing model: Subscription
    • Free Trial: Not Available

    Coupa Business Spend Management has the following typical customers:

    51-200, 201-500, 501-1 000, 1 001-5 000

    Coupa Business Spend Management supports the following languages:

    English

    Coupa Business Spend Management supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Coupa Business Spend Management integrates with the following applications:

    NetSuite, Oracle Cloud Financials, SAP Business One

    Coupa Business Spend Management offers the following support options:

    Email/Help Desk, FAQs/Forum, Phone Support, 24/7 (Live rep), Chat

    Related categories

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