KEY FACT
According to Forrester’ s Total Economic Impact study, organisations using Coupa’ s S2P platform have achieved an ROI of 276 % with a payback period of less than 10 months with 47 % running at a lower cost, half spending less time on transactional activity and 44 % more likely to be considered a valued business partner. Look no further than research from The Hackett Group, which every year engages nearly 8,800 global companies across various industries in a bid to define‘ Digital World Class’. Those deemed to be Digital World Class are recognised as being prepared to harness the capabilities of AI, including Gen AI, therefore giving them a head start on their competitors. However, perhaps the most transformative element of S2P tech adoption is the ability to make faster, better-informed spend decisions by managing both direct and indirect spend through a unified platform.
COUPA | WHITEPAPER
HOW DO LEADERS ROUND THE BUSINESS DEFINE SUCCESS?
KEY FINANCE CONSIDERATIONS INCLUDE:
• Improvements in margins, working capital and cash flow
• Reduced cycle times for financial close
• Improved accuracy in spend forecasting
KEY PROCUREMENT CONSIDERATIONS INCLUDE:
• Cost savings and, increasingly, cost optimization
• High adoption across users and suppliers
• Reduced supplier risk
• ESG compliance
KEY IT CONSIDERATIONS INCLUDE:
• ROI timing( 12 month and shorter payback periods vs. traditional 24-36 month horizons)
• High user adoption
• Solutions removed from the ecosystem
• Low TCO
KEY FACT
According to Forrester’ s Total Economic Impact study, organisations using Coupa’ s S2P platform have achieved an ROI of 276 % with a payback period of less than 10 months with 47 % running at a lower cost, half spending less time on transactional activity and 44 % more likely to be considered a valued business partner. Look no further than research from The Hackett Group, which every year engages nearly 8,800 global companies across various industries in a bid to define‘ Digital World Class’. Those deemed to be Digital World Class are recognised as being prepared to harness the capabilities of AI, including Gen AI, therefore giving them a head start on their competitors. However, perhaps the most transformative element of S2P tech adoption is the ability to make faster, better-informed spend decisions by managing both direct and indirect spend through a unified platform.
18 coupa. com