Coupa Review – Study Guide and Practice Material for Spend Management and Procurement
Systems
Coupa Procurement - ANS ✔✔provides organizations a consumer-like shopping experience for
their employees, allowing they to requisition and purchase products and services using the
company's pre-negotiated prices. It includes functionalities like catalogs, budgets and suppliers
Coupa Services Maestro - ANS ✔✔Provides organizations with a solution for managing their
complex services spend and workflows. The application is available as an add on for Coupa
procurement.
Coupa Inventory - ANS ✔✔Coupa inventory provides organizations with a real-time visibility
into inventory availability right as an item is being ordered via procurement.
Coupa Open Buy - ANS ✔✔connects your procurement with select suppliers' 3rd party hosted
content and real time search results without the need to maintain traditional catalogs.
Coupa Invoicing - ANS ✔✔Provides organizations with a solution for managing their AP
processes. Allows for automatic 3 way matching and more dynamic invoice approvals.
InvoiceSmash - ANS ✔✔Provides customers with a method to automatically extract invoice data
from digital PDF invoices and automatically create an invoice within Coupa
Travel & Expense - ANS ✔✔Coupa expenses is a comprehensive T&E solution designed to help
businesses better capture, manage and analyze expenses across the organization. Coupa
expenses captures T&E expenses from a variety of sources, including expenses reports,
purchasing cards and travel bookings.
Early Pay Discounts - ANS ✔✔Allows customers to leverage their balance sheet to pay suppliers
invoices early in exchange for a discount on the invoice amount, through buyer-funded early pay
discounts.
, Virtual Card Optimization - ANS ✔✔Virtual Cards for POs and invoices allows organizations to
pay suppliers with a single user account leveraging your issuing credit card bank to create a
system generated virtual card number. This can move p-card spend to pre-approved spend and
improves buyer operational efficiency for high volume, low dollar non-strategic suppliers or
one-time suppliers by eliminating the need to on-board the supplier.
Digital Payments - ANS ✔✔Allows customers to pay and streamline the invoice and expense
payment process directly from Coupa using funds from their business bank accounts through a
diverse set of payment methods that is seamless, centralized and secure. Results in less time
printing physical checks.
Strategic Sourcing - ANS ✔✔Allows organizations to create, host and manage sourcing events.
Contract Lifecycle Management (CLM) - ANS ✔✔Enables customers to operationalize contracts
and make them easily available for purchasing by employees across the organization. Contract
compliance increases savings as employees make purchases using negotiated rates. Real-time
contract enforcement and spend visibility is provided through embedded dashboards at both
the contract and summary level.
Coupa Contingent Workforce (CCW) - ANS ✔✔helps companies gain complete visibility of
services spend while maintaining compliance. CCW provides management with advanced
capabilities needed to source and manage contingent workers and complex services at scale.
Coupa Risk and Performance - ANS ✔✔Coupa risk and performance management provides
capabilities that allows organizations to onboard suppliers, keep their information up to date
and continually monitor risk and performance to support business continuity and some
compliance needs.
Coupa Analytics - ANS ✔✔Provides drag-and-drop analytics dashboards that allows users to
setup and configure their own analytics dashboard and reports. For executives, Coupa analytics
Systems
Coupa Procurement - ANS ✔✔provides organizations a consumer-like shopping experience for
their employees, allowing they to requisition and purchase products and services using the
company's pre-negotiated prices. It includes functionalities like catalogs, budgets and suppliers
Coupa Services Maestro - ANS ✔✔Provides organizations with a solution for managing their
complex services spend and workflows. The application is available as an add on for Coupa
procurement.
Coupa Inventory - ANS ✔✔Coupa inventory provides organizations with a real-time visibility
into inventory availability right as an item is being ordered via procurement.
Coupa Open Buy - ANS ✔✔connects your procurement with select suppliers' 3rd party hosted
content and real time search results without the need to maintain traditional catalogs.
Coupa Invoicing - ANS ✔✔Provides organizations with a solution for managing their AP
processes. Allows for automatic 3 way matching and more dynamic invoice approvals.
InvoiceSmash - ANS ✔✔Provides customers with a method to automatically extract invoice data
from digital PDF invoices and automatically create an invoice within Coupa
Travel & Expense - ANS ✔✔Coupa expenses is a comprehensive T&E solution designed to help
businesses better capture, manage and analyze expenses across the organization. Coupa
expenses captures T&E expenses from a variety of sources, including expenses reports,
purchasing cards and travel bookings.
Early Pay Discounts - ANS ✔✔Allows customers to leverage their balance sheet to pay suppliers
invoices early in exchange for a discount on the invoice amount, through buyer-funded early pay
discounts.
, Virtual Card Optimization - ANS ✔✔Virtual Cards for POs and invoices allows organizations to
pay suppliers with a single user account leveraging your issuing credit card bank to create a
system generated virtual card number. This can move p-card spend to pre-approved spend and
improves buyer operational efficiency for high volume, low dollar non-strategic suppliers or
one-time suppliers by eliminating the need to on-board the supplier.
Digital Payments - ANS ✔✔Allows customers to pay and streamline the invoice and expense
payment process directly from Coupa using funds from their business bank accounts through a
diverse set of payment methods that is seamless, centralized and secure. Results in less time
printing physical checks.
Strategic Sourcing - ANS ✔✔Allows organizations to create, host and manage sourcing events.
Contract Lifecycle Management (CLM) - ANS ✔✔Enables customers to operationalize contracts
and make them easily available for purchasing by employees across the organization. Contract
compliance increases savings as employees make purchases using negotiated rates. Real-time
contract enforcement and spend visibility is provided through embedded dashboards at both
the contract and summary level.
Coupa Contingent Workforce (CCW) - ANS ✔✔helps companies gain complete visibility of
services spend while maintaining compliance. CCW provides management with advanced
capabilities needed to source and manage contingent workers and complex services at scale.
Coupa Risk and Performance - ANS ✔✔Coupa risk and performance management provides
capabilities that allows organizations to onboard suppliers, keep their information up to date
and continually monitor risk and performance to support business continuity and some
compliance needs.
Coupa Analytics - ANS ✔✔Provides drag-and-drop analytics dashboards that allows users to
setup and configure their own analytics dashboard and reports. For executives, Coupa analytics
