Deloitte Taps Coupa's Cloud-based Spend Management Suite to Cut the Spend

By CIOReview | Tuesday, April 21, 2015

FREMONT, CA: Coupa Software announces that its savings-as-a-service platform has been adopted by Deloitte Canada to deal with cost incursions and risk while driving governance.

Coupa’s spend visibility solution asserts that its users can achieve up to 80 percent spend visibility. The company says its spend visibility solution has achieved a grand total of $4.7Bn and counting with customers such as Salesforce. The Spend analytics captures an organization’s spend and reveals patterns and opportunities to bring down the cost.

"Although we managed a good strategic sourcing and contracting process we lacked an integrated end-to-end procurement and payment system,” states Geoff Parsons, Chief Procurement Officer of Deloitte Canada, Coupa has improved the visibility of our purchase commitments with suppliers and the amounts we were paying versus our negotiated and contracted prices".

"Deloitte Canada is a valued partner of ours with an amazing track record of bringing immediate and sustained value to its clients,” said Rob Bernshteyn, CEO of Coupa. "It’s thrilling to us that Deloitte, who works closely with our product suite, saw clearly the benefit that Coupa could offer to their own operations. The fact that they deployed the platform so quickly and successfully is testament to both Coupa’s ease-of-use and Deloitte’s quality of implementation services.”