Coupa procurement solutions

Introducing Coupa

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.

Why Coupa?

Operational 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.

Supplier management

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.

User experience

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.