Coupa Review 2025 – Procurement System Study Guide &
Comprehensive Overview
Coupa Procurement - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ Coupa inventory provides organizations with a real-time
visibility into inventory availability right as an item is being ordered via procurement.
Coupa Open Buy - correct answer ✔✔ connects your procurement with select suppliers' 3rd
party hosted content and real time search results without the need to maintain traditional
catalogs.
Coupa Invoicing - correct answer ✔✔ Provides organizations with a solution for managing their
AP processes. Allows for automatic 3 way matching and more dynamic invoice approvals.
InvoiceSmash - correct answer ✔✔ Provides customers with a method to automatically extract
invoice data from digital PDF invoices and automatically create an invoice within Coupa
Travel & Expense - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ Allows organizations to create, host and manage
sourcing events.
Contract Lifecycle Management (CLM) - correct answer ✔✔ 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) - correct answer ✔✔ 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 - correct answer ✔✔ Coupa risk and performance management
provides capabilities that allows organizations to onboard suppliers, keep their information up
Comprehensive Overview
Coupa Procurement - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ Coupa inventory provides organizations with a real-time
visibility into inventory availability right as an item is being ordered via procurement.
Coupa Open Buy - correct answer ✔✔ connects your procurement with select suppliers' 3rd
party hosted content and real time search results without the need to maintain traditional
catalogs.
Coupa Invoicing - correct answer ✔✔ Provides organizations with a solution for managing their
AP processes. Allows for automatic 3 way matching and more dynamic invoice approvals.
InvoiceSmash - correct answer ✔✔ Provides customers with a method to automatically extract
invoice data from digital PDF invoices and automatically create an invoice within Coupa
Travel & Expense - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ 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 - correct answer ✔✔ Allows organizations to create, host and manage
sourcing events.
Contract Lifecycle Management (CLM) - correct answer ✔✔ 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) - correct answer ✔✔ 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 - correct answer ✔✔ Coupa risk and performance management
provides capabilities that allows organizations to onboard suppliers, keep their information up
