COUPA – CMC
Commercial Metals Company reports a 25 % rise in on-time deliveries and “ incredible increases ” in accurate electronic invoicing after working with technology company Coupa .
In the wake of rapid growth in Europe and Asia , plus several acquisitions , CMC found its ERP software was not enough to keep pace with the changes .
Its procurement team was manually checking purchase requisitions , generating POs , matching invoices and setting up vendors in various systems .
With reliance on email and phone calls resulting in late deliveries and slow operations , CMC chose to work with Coupa to deliver a fit-for-purpose system and growth strategy .
According to Randal Izzard , CMC Chief Procurement Officer , the results were remarkable .
He said : “ We ’ re seeing incredible increases in on-time deliveries and accurate electronic invoicing .”
“ Coupa for us is an exciting journey to be on ”
RANDAL IZZARD , CHIEF PROCUREMENT OFFICER , CMC
Coupa ’ s team worked with CMC in the areas of :
• Procurement
• Invoicing
• Sourcing
• PO collaboration
• Advanced sourcing optimisation
• Contract management
• Spend analysis . CMC , a leading producer of construction reinforcing materials for highways , bridges and public buildings globally , soon saw a host of positive results .
Coupa unified CMC ’ s global spending data and processes into one centralised platform to enable a scalable and sustainable operational growth strategy .
By automating manual tasks , it has empowered procurement team members to grow into more strategic roles that focus on addressing risky , high-value spending activities .
It has also made the onboarding of large and small suppliers easier by introducing a self-service portal and a real-time messaging platform for PO confirmation .
Randal added : “ Coupa has made my day-to-day life better .
“ We ’ re seeing our buyers understand the importance of the communication in the system with the supplier , instead of the old way of emails and phone calls and lack of documentation .
“ We are seeing the results numerically , but we are also seeing the efficiency gains coming from it .” coupa . com 5