Coupa Software

Coupa Strategic Sourcing

Composite Score

7.0 /10

CX Score

7.1 /10

34 Reviews Write a Review

Claim Software

What is Coupa Strategic Sourcing?

Uncover new sourcing opportunities. Consolidate your spend. Choose the right suppliers. Turn paper savings into cash savings with every purchase.

Company Details

Need Assistance?

We're here to help you with understanding our reports and the data inside to help you make decisions.

Get Assistance

Awards & Recognition

Coupa Strategic Sourcing won the following awards in the Strategic Sourcing category

Filter By

0 Top Rated Capabilities

1 Top Rated Features

2024

0 Top Rated Capabilities

1 Top Rated Features

2022

Coupa Strategic Sourcing Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Coupa Strategic Sourcing.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

78 Likeliness to Recommend

84 Plan to Renew

78 Satisfaction of Cost Relative to Value

{y}

{name}

Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+69 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Coupa Strategic Sourcing?

11% Negative

16% Neutral

73% Positive

Pros

Reliable
Respectful
Trustworthy
Caring

Feature Ratings

Average 72

Procurement Management

Contract Management

Workflow Management

Spend Analysis

Communications

Supplier Management

Auction Management

Catalog Management

Capacity Management

Market Assessment

ERFx

Vendor Capability Ratings

Average 73

Business Value Created

Ease of Data Integration

Product Strategy and Rate of Improvement

Availability and Quality of Training

Usability and Intuitiveness

Vendor Support

Breadth of Features

Ease of Implementation

Quality of Features

Ease of IT Administration

Ease of Customization

Coupa Strategic Sourcing Reviews

Isaac N.

Role: Human Resources
Industry: Government
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Dec 2022

Fantastic Product made easy for user.

Likeliness to Recommend

7 /10

What differentiates Coupa Strategic Sourcing from other similar products?

With the use of Coupa's Application Programming Interface (API), additional ERPs, analytics software, and financial tools may be integrated. Its applications as an on-premises, mobile, or web-based tool serve as a showcase for its versatility.

What is your favorite aspect of this product?

Activities like sourcing could be done on Coupa. The option to run with your team during the event is available for each sourcing event.

What do you dislike most about this product?

A picture of the documents I've submitted would be helpful. Despite the fact that I see success messages, I always have to make sure it is the right one. Possibly helpful is the preview of that picture.

What recommendations would you give to someone considering this product?

You can ensure that every opportunity for the procurement process to be optimized is taken advantage of with the aid of Coupa Software and that you are avoiding needless spending when on-time payment discounts or better pricing from other vendors are available.

Pros

Reliable
Security Protects
Helps Innovate
Continually Improving Product

Collins Sarkodieh A.

Role: Information Technology
Industry: Manufacturing
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

Reliable Business Spend Management Software

Likeliness to Recommend

10 /10

What differentiates Coupa Strategic Sourcing from other similar products?

We have a saying in our company that "Coupa is growth" because we have progressively seen ongoing development and expansion since we first implemented Coupa. Coupa has a distinctive supply chain structure that aids in business operations and flexibility at work across departments. By automating cash management and settlement procedures across many companies and accounts, Coupa has surpassed other payment and liquidity transaction and process providers and decreased our efforts.

What is your favorite aspect of this product?

According to user feedback, Coupa Pay and Virtual Cards are the best in all categories. This is one of their best features that I find difficult to understand. Coupa has revolutionized business spend management all around the world. I cherish them.

What do you dislike most about this product?

Coupa has shown to be the greatest by all measures, and so far, I have no complaints about their offerings. I'm eager to get my hands on additional Coupa products.

What recommendations would you give to someone considering this product?

To everyone or any individual operating a business who could need a business spend management system, I would suggest Coupa. Coupa offers the highest level of security you may ever need to manage your business. Coupa is dependable, committed, and employed by reputable businesses.

Pros

Continually Improving Product
Reliable
Enables Productivity
Trustworthy

Monika F.

Role: Information Technology
Industry: Other
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Dec 2022

Excellent product!

Likeliness to Recommend

9 /10

What differentiates Coupa Strategic Sourcing from other similar products?

Clean design

What is your favorite aspect of this product?

The design

What do you dislike most about this product?

I have no dislikes

What recommendations would you give to someone considering this product?

I have no recommendations at this time

Pros

Continually Improving Product
Unique Features
Caring
Acts with Integrity

Coupa Strategic Sourcing

What is Coupa Strategic Sourcing?

Company Details

Need Assistance?

Awards & Recognition

Coupa Strategic Sourcing Ratings

78 Likeliness to Recommend

84 Plan to Renew

78 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+69 Net Emotional Footprint

How much do users love Coupa Strategic Sourcing?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Procurement Management Includes purchasing and procurement management, as well as supplier management and optimization.

Contract Management Includes automated contract renewal, approval process, compliance management, and contract database.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Spend Analysis Includes data visibility and quality, supplier ranking, and compliance and reporting.

Communications Includes communication portals or secure messaging or automated alerts.

Supplier Management Supplier collaboration, including Quarterly Business Review Meetings, Scorecards, KPI and SLAs.

Auction Management Includes bid management, bidder management and buyer notifications.

Catalog Management Includes customizable shipping and payment options, product pricing, advanced catalog search, and navigation.

Capacity Management Monitor system utilization and provide alerts when pre-defined thresholds are reached.

Market Assessment Includes market size, trends, growth rate, and portability.

ERFx Evaluation and scoring of supplier responses.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Coupa Strategic Sourcing Reviews

Isaac N.

Fantastic Product made easy for user.

Likeliness to Recommend

Pros

Collins Sarkodieh A.

Reliable Business Spend Management Software

Likeliness to Recommend

Pros

Monika F.

Excellent product!

Likeliness to Recommend

Pros

Most Popular Coupa Strategic Sourcing Comparisons

Scanmarket

SAP Business Network

Ivalua

Oracle Sourcing

Promena e-Procurement

Workday Strategic Sourcing

Feature Ratings

Procurement Management

Contract Management

Workflow Management

Spend Analysis

Communications

Supplier Management

Auction Management

Catalog Management

Capacity Management

Market Assessment

ERFx

Vendor Capability Ratings

Business Value Created

Ease of Data Integration

Product Strategy and Rate of Improvement

Availability and Quality of Training

Usability and Intuitiveness

Vendor Support

Breadth of Features

Ease of Implementation

Quality of Features

Ease of IT Administration

Ease of Customization