How Coupa Contracts Can Increase Compliance

HOW COUPA CONTRACTS CAN INCREASE COMPLIANCE

INTRODUCTIONS

Hyrum Kirton VP Procurement

Elliot Beaudoin Director of Product

Management

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ISSUES

DECENTRALIZED DISCONNECTED UNREALIZED

©2015 Coupa Software, Inc - Confidential

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COUPA CONTRACTS OVERVIEW


REGIONAL LONG TERM AND POST ACUTE HEALTH CARE PROVIDER COVERING 8 STATES


300 ACTIVE CONTRACTS PUT IN COUPA FOR AVALON

►  Track Savings for new and existing Contracts procurement has touched ►  Authorize recurring service expenses for AP to know vendor is valid ►  Control Content for users ►  Set Pricing limits for suppliers


Accounts Payable Authorization

►  Process has shown to save time validating recurring services ►  Reduced occurrences of improperly paid invoices (fraud) ►  Kept Procurement aware of any services that were initiated unauthorized ►  AP does not have to keep lists and labor does not need to be individually

trained for authorized list ►  Reduces time spent approving invoices for Utilities etc.


Content Control

►  All internal hosted and punch-out catalog’s and items are assigned a contract. ►  Allows granular control over who sees what and automatically expires old

outdated items. ►  Invaluable for managing complex contracts. Our food contracts are updated

and expired weekly. ►  Bulk remove or add whole catalogs to individual users. ►  Old system was a manual item by item removal and add system via Excel that

took a lot more time.


THANK YOU!

How Coupa Contracts Can Increase Compliance

Technology