What is Coupa Expenses?
Overview
Coupa Expenses is a cloud-based e-procurement and expense reporting and management solution that helps businesses reduce spend leakage, enhance accuracy and transparency, and automate approvals to maximize productivity and profitability. The software helps users solve complex payment and expense management issues by providing them with a globally valid unified expense solution with all the capabilities required to provide spend transparency, ensure global compliance standards are met, reduce overall business spending and satisfy employees.
A vast list of robust features and capabilities are offered to enable users to keep tabs of spending, suppliers, budgeting, contracts, and catalogs as well as offer them actionable intelligence through dashboards, spending reports, and analysis to control spending. Coupa streamlines spending documentation offering intelligent audit scoring reviews to prevent any risk of fraudulent activity.
The T&E management software allows Finance teams to be more agile, providing a simple yet powerful entirely cloud-based administrative experience. Integration with Google maps is also offered. The e-Procurement offers an easily configurable procure-to-pay process as well as enables employees to take cost-saving initiatives. Real-time Benchmarking lets users instantly quantify savings generated and benchmark that performance against eighteen market-specific indicators.
Pricing: The pricing model is quote-based.
USP: Intelligent and user-friendly mobile experience for efficient T&E management. Its unique iRequest function produces searches for and automatically adds the best-priced item to requisition.
Support: Support is provided via email, tickets, and phone.
Product Advantages: Visible and clear audit trails. Invoicing is compliant with international policies. Simple and intuitive internet crowdsourcing.
Product Limitations: Has trouble scanning foreign language receipts. It does not allow to create new requisitions on the mobile app. Sourcing is cumbersome and slow.