Procurement Magazine July 2024 | Page 49

COUPA SPEND REVENUE : US $ 1BN EMPLOYEES : 3,076 CEO : LEAGH TURNER FOUNDED : 2006
TOP 10

COUPA SPEND REVENUE : US $ 1BN EMPLOYEES : 3,076 CEO : LEAGH TURNER FOUNDED : 2006

With an emphasis on optimising supplier relationships , Coupa Spend is pivotal in helping to drive better business outcomes .
Offering robust supplier information management features , it allows organisations to maintain accurate and up-to-date supplier data .
Supplier performance monitoring capabilities enable users to assess supplier performance against predefined metrics and goals .
Coupa also features tools for managing supplier risk , such as identifying and mitigating potential supply chain disruptions .
It juggles two distinct offerings in supplier and third-party risk management to meet the needs of any organisation . The standard offering is the ideal tool for companies who are primarily focused on on-boarding suppliers , managing supplier information , managing risk and performance-based data feeds and end-user ratings .
Those seeking to gather more detailed information directly from their business partners , assess risk mitigation practices and score both inherent and residual risk will need Coupa ’ s Advanced offering .

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