how coupa contracts can increase compliance

10
HOW COUPA CONTRACTS CAN INCREASE COMPLIANCE

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Page 1: How Coupa Contracts Can Increase Compliance

HOW COUPA CONTRACTS CAN INCREASE COMPLIANCE

Page 2: How Coupa Contracts Can Increase Compliance

INTRODUCTIONS

Hyrum Kirton VP Procurement

Elliot Beaudoin Director of Product

Management

Page 3: How Coupa Contracts Can Increase Compliance

3

ISSUES

DECENTRALIZED DISCONNECTED UNREALIZED

©2015 Coupa Software, Inc - Confidential

Page 4: How Coupa Contracts Can Increase Compliance

4

COUPA CONTRACTS OVERVIEW

©2015 Coupa Software, Inc - Confidential

Page 5: How Coupa Contracts Can Increase Compliance

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

©2015 Coupa Software, Inc - Confidential

Page 6: How Coupa Contracts Can Increase Compliance

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

©2015 Coupa Software, Inc - Confidential

Page 7: How Coupa Contracts Can Increase Compliance

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.

©2015 Coupa Software, Inc - Confidential

Page 8: How Coupa Contracts Can Increase Compliance

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outdated items.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.

©2015 Coupa Software, Inc - Confidential

Page 9: How Coupa Contracts Can Increase Compliance
Page 10: How Coupa Contracts Can Increase Compliance

THANK YOU!