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Coupa’s best-in-class solution for Procurement helps companies manage all types of goods, services, and contingent worker spending for visibility, control, and savings. An easy experience for employees and suppliers maximizes adoption of digital processes across: Guided Buying: provide end users with an easy experience for buying all types of goods, services, and contingent worker needs Contracts and Catalogs: upload contracts and catalogs, let suppliers self-manage catalogs with approvals, use punch-outs, or use Coupa Open Buy for the optimal search experience to maximize on-contract spend Budget Checks and Approvals: giving managers real-time visibility into budget impact of proposed spend, combined with approvals that can be completed with simple emails gets, accelerates the process and cuts down on rouge spend Inventory: lets companies manage stockrooms and other inventory locations, direct purchasing to on-hand inventory, avoid duplicate ordering, and manage par values, cycle counts, and reordering Fraud Mitigation: systematically monitors all purchases for signs of fraud and flags suspicious transactions for follow-up
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