Coupa Software

Coupa Strategic Sourcing

Composite Score

7.0 /10

CX Score

7.1 /10

34 Reviews Write a Review

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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

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Awards & Recognition

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

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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

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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

Role: Operations
Industry: Energy
Involvement: IT Development, Integration, and Administration

Validated Review

Anonymous Reviewer

Submitted Jun 2021

The spot bids are an easy feature to use

Likeliness to Recommend

8 /10

Pros

Helps Innovate
Efficient Service
Over Delivered
Appreciates Incumbent Status

Cons

Less Performance Enhancing
Vendor Friendly Policies

Blake B.

Role: Finance
Industry: Retail
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Jun 2021

Impossible to Use

Likeliness to Recommend

2 /10

What differentiates Coupa Strategic Sourcing from other similar products?

It seems really expensive for its capabilities.

What is your favorite aspect of this product?

Other corporations use it so it gives me some street credit.

What do you dislike most about this product?

Almost everything -- it's ease of use is an oxymoron.

What recommendations would you give to someone considering this product?

Consider other products and software suites.

Pros

Acts with Integrity

Cons

Inhibits Innovation
Less Reliable
Less Performance Enhancing

Shiva K.

Role: Information Technology
Industry: Finance
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Jun 2021

Must Needed product in the Spend Management

Likeliness to Recommend

10 /10

What differentiates Coupa Strategic Sourcing from other similar products?

Coupa Strategic Sourcing helps its customers spend smarter. This procure to pay platform comes with inbuilt dashboards, easy to use interface and great features. One can define metrics which are important to ones business.

What is your favorite aspect of this product?

Coupa prescribes actions for potential savings in future. Coupa continously roles out enhancements. For instance recently it rolled out features which will help businesses meet Environment Social and Governance (ESG) Goals.

What do you dislike most about this product?

Coupa has come a long way from its initial days. As coupa grows in size, it still has to keep the same relentless drive to deliver new features.

What recommendations would you give to someone considering this product?

A great Procure to pay platform rolling out new features and capabilities. Coupa listens to its customers and provides the best customer service possible. Customer success is a core value of Coupa.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

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

The spot bids are an easy feature to use

Likeliness to Recommend

Pros

Cons

Blake B.

Impossible to Use

Likeliness to Recommend

Pros

Cons

Shiva K.

Must Needed product in the Spend Management

Likeliness to Recommend

Pros

Most Popular Coupa Strategic Sourcing Comparisons

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Oracle Sourcing

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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