Accenture + Coupa
Source more responsibly, mitigate risk and drive procurement value with a supply chain powered by Closed Loop Spend Management.
Businesses are seeking new ways to build resilience and respond to future disruptions. With Coupa’s cloud-based SaaS Business Spend Management (BSM) platform, AI-powered insights can help you boost revenue, improve processes, and optimize spending, while developing a more sustainable, responsible value chain.
Accenture and Coupa’s joint solutions help you gain full visibility and control over business costs, increasing efficiency and resilience, reducing risk related to third-party relationships, and improving compliance to deliver on a sustainability agenda and support profitable growth.
By fusing our competitive insights, peer-to-peer benchmarking, robust analytical toolset, and new digital-first ways of working alongside Coupa’s transactional controls, process automation, and real-time analytics, we empower you to spend smarter.
Comprehensive; Open; User-Centric; Prescriptive; Accelerated
As a Coupa Global Elite Partner, we create joint solutions to help clients de-risk operations and lead more resilient, efficient businesses, reducing operating costs by 20-50% and responsibly generating 4-10X more value compared to the average industry.
Closed Loop Spend Management (CLSM) is at the heart of that work to deliver new procurement value. By bringing procurement, finance, and your business model together, CLSM helps transform direct and indirect costs that don’t create value into opportunities for growth, impacting SG&A and COGS. By bringing together the power of digital, data and AI, we create more efficient, agile, and responsible procurement and supply chain operations.
Accenture and Coupa achieve this by harnessing the BSM platform to help ‘close the loop’ by making the most of costs that don’t need to continue, while gaining an end-to-end view of the supply chain and combining live market data and community insights from more than 2,000 Coupa customers to determine a more cost-effective operational path forward.
We embed sustainable sourcing practices across procurement with supplier risk assessment tools and help you shift from working in siloes towards collaborative innovation, all the while managing risk in real time with automated fraud detection solutions, transaction controls, and compliance guard rails. By integrating Coupa’s offerings with Accenture’s proprietary platform, myConcerto, the entire business transformation is accelerated.
years Accenture & Coupa have teamed together
Using Coupa's Business Spend Management (BSM) platform, Accenture helped Osotspa take advantage of automation and visibility to grow into new markets.
CLSM is a model we’ve developed that enables a company to take a forensic look at its entire spend to identify opportunities to turn non-working money.