Coupa is a cloud-based business spend platform that digitises the purchasing and procurement process- from sourcing and supplier management to budgeting, reporting, and expense management. Coupa’s platform complements Westpac’s solutions (in payments, reconciliation and cash management) in a way that improves payables visibility and helps deliver efficiency.
Online purchasing, supported by integrated budgeting and approvals workflow, eliminates paperwork, makes it easy for employees to shop with preferred vendors and reduces unauthorised spending.
Centralised and digitised supplier documentation makes it easier to manage supplier relationships. eMarketplace and portals allow suppliers to upload and manage catalogues and price lists.
Data driven insights
Insights based on total spend managed through the platform provides benchmarks and AI-driven recommendations so teams can adhere to budgets, identify savings opportunities and reduce unnecessary spend.
A user-friendly interface makes it easy for employees to purchase the goods and services they need. Automated approval workflows reduce administrative workload for payables teams.
Unlocking the power of procurement
- Search, browse and buy products and services at your pre-negotiated prices
- Create and save order lists to simplify long or repetitive orders
- Product and supplier reviews help purchasers make informed decisions
- Online forums for purchaser and requester questions
- Can be accessed on desktop and mobile app.
Things you should know
*Please note that Coupa is not a partner of or otherwise a part of the Westpac Group.