Coupa Blog

Topics: AI, Data Analysis & Benchmarking, Digital Transformation, Efficiency, Risk & Fraud, Sustainability In 2021, a 1,312-foot container ship called Ever Given was knocked off course by strong winds. It ended up wedged in the Suez Canal, blocking one of the busiest trade routes in the world. For the next six days, shipments were halted. Oil prices surged. Markets were erratic.

Today, Forrester has named Coupa as a leader in the Forrester Wave™: Collaborative Supply Networks, Q4 2024. This report aims to help executives understand the role of CSNs in improving supply chain resilience and sustainability. CSNs facilitate demand, fulfillment, and supply collaboration between organizations and their supplier networks. Coupa is thrilled to be named a leader in this report.

At a time when businesses face continued uncertainty with spend controls and ongoing supply chain risk, there’s an increased need for organizational alignment. As a CPO and procurement leader across a number of organizations and industries, I’ve witnessed these disconnects firsthand time and again. These gaps in executive collaboration are often most noticeable between IT and procurement. A clear example can be seen in the recent ProcureCon CPO-CIO Report.

Topics: Digital Transformation, Margin Impact, Resiliency Launched this year, the IDC MarketScape: European Compliant e-Invoicing 2024 Vendor Assessment has positioned Coupa in the Leaders Category. According to the report, “Coupa’s network is a key benefit for the vendor’s ability to offer extensive and reliable e-invoicing solutions.

Topics: AI, Data Analysis & Benchmarking, Digital Transformation, Efficiency, Risk & Fraud Supply chain forecasting is a little like trying to understand Marvel’s Multiverse. You have to consider the likelihood of any possible scenario and gauge each scenario’s impact on your supply chain’s ability to ensure products and materials are in the right place at the right time, meet sustainability goals, and match customer demand. What is supply chain forecasting?

Imagine being able to build a business case that demonstrates how a unified, AI source-to-pay platform and strategy deliver more than 1% savings on COGS spend through smarter sourcing and supplier management. Or how an e-invoicing rate of more than 80% can streamline operations across finance and AP while reducing the cost of transactions.

Complexity is the name of the game when it comes to supply chains today. They are now interconnected in a complex web across the globe, with multinational buyers in one place and suppliers in numerous others. The results? Cash is often trapped for both buyers and suppliers within this intricate web. This puts pressure on businesses to unlock working capital within their supply chains, especially as inflation makes financing more difficult. Suppliers are feeling the pressure, too.

Read time: 7 mins Payment fraud is on the rise, with 80% of organizations reporting that they were victims of payment fraud attacks and attempts last year. That’s the highest rate reported since 2018. While checks continue to be the most vulnerable payment method, fraudsters also commonly steal credit card information. Moreover, fraudsters' use of AI and further escalates the importance of vigilance for companies and AP departments in all payment-related matters.

Read time: 14 mins Table of contents: Complexity is the name of the game when it comes to supply chains today. They are now interconnected in a complex web across the globe, with multinational buyers in one place and suppliers in numerous others. The results? Cash is often trapped for both buyers and suppliers within this intricate web. This puts pressure on businesses to unlock working capital within their supply chains, especially as inflation makes financing more difficult.

Read time: 9 mins When you think about supporting your organization’s mission, you imagine making a real difference in your communities, increasing access to vital goods and services, and tackling some of the world's biggest crises. But let's be honest.