With nearly $1.7 trillion of cumulative spend under management across its global customer base, Coupa offers all businesses—from Fortune 1000 companies to the world’s fastest-growing organizations—the visibility and control needed to manage costs, mitigate risks, and scale for growth in one comprehensive and open cloud-based platform. With the extensive data flowing through Coupa, Community Intelligence uniquely offers real-time benchmarks and best-practice prescriptions that are tested against the measurable outcomes of companies around the world. Coupa’s Business Spend Management (BSM) Platform empowers finance and procurement leaders to spend smarter and tap into the collective wisdom of the Coupa Community.
Companies frequently use third-party suppliers, distribution partners, and free agents to accelerate growth, bring in expertise, or cut costs. While third parties can be beneficial, they can also present risks to organizations depending on what kind of services they provide and the company resources they have access to. With Coupa's comprehensive third-party risk management platform implemented in a modern digital platform, companies can gain advantage in reducing reputation risk, avoiding regulatory action, managing adverse events, and increasing supply chain agility, thus protecting their brand and their bottom line.