Coupa

Founded by Rob Bernshteyn in 2006

Manage company spending, procurement, and supply chain with AI-driven automation

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You can use Coupa to manage all company spending across procurement, finance, and supply chain in one place. It connects purchasing, accounts payable, and supplier management with AI tools that flag risks, automate approvals, and surface cost-saving opportunities. Finance teams can track spend in real time, procurement teams can run sourcing events and manage contracts, and supply chain teams can model scenarios and reduce costs. It draws on $10 trillion in spend data to benchmark your performance against peers.

What Coupa does

Create and route purchase orders with automated approval workflowsProcess and match supplier invoices against existing purchase ordersRun supplier sourcing events and compare bids side by sideMonitor supplier risk scores and receive alerts on changesGenerate spend reports broken down by category and departmentModel supply chain cost scenarios using machine learning toolsSet spending controls and enforce budget limits across the organizationManage supplier contracts and track renewal dates and obligationsAI agents that handle procurement intake and sourcing automaticallyBenchmarks your spend performance against $10 trillion in community dataSupplier risk detection before problems escalateSupply chain scenario modeling using machine learningUnified purchasing, AP, and digital payments in one workflowAutomated approval routing that cuts approval cycle times by 25%Business Trade Network connecting buyers and suppliers for faster transactionsAI analysis tools that reduce reporting cycle times by 70%

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