Procurement Magazine July 2024 | Page 58

COUPA
Coupa : A global leader in total spend management solutions Coupa ’ s mission has never been clearer , as it set itself out as the ‘ margin multiplier company ’ at Coupa Inspire earlier this year . It was another watershed moment for the company that , founded in 2006 , has since evolved into a global leader in total spend management solutions .
With 3,000 + customers , US $ 6tn worth of spend and 10 + million suppliers , Coupa has ambitions to not only solidify its market position , but to grow and innovate at the leading edge of the industry .
Michael reflects on the external factors influencing business in an uncertain world , such as inflation , interest rates , energy prices , supply chain disruption and geo-political uncertainty – but flips the conversation to focus on the areas a procurement operation can control .
“ When we think about surviving all these external business challenges , we must be able to move quickly and decisively with a high level of confidence
58 July 2024