![]() ![]() In the 2014 report (A Guide to Procurement Success) Coupa updated values for the six performance metrics included in the first report: Request-to-Order Cycle Time, Number of Approvers per Requisition, Invoice OK-to-Pay Hours, Visible PO Spend-on-Contract Percentage, Percentage of POs sent via CXML and EDI, and Self-Service Potential.Ĭoupa also included benchmark data for an additional four key metrics that indicate not only procurement performance but also the maturity of procurement processes: number of Catalog Items, Punchout Sites, Embedded Buying Policies and Web Forms. The first Coupa Benchmark was published in 2013. The Coupa Benchmark is designed to provide procurement companies with a broad visibility and guidance by sharing benchmark measurements on key performance indicators. They have received the top overall ranking from both Forrester and Gartner for their ease of use, time to value, customer satisfaction, and technology platform. They have 400+ customers, including many of the world’s largest, who use Coupa to streamline their P2P processes with an easy to use, fast to implement, innovative and cost effective cloud computing platform. It is the fastest growing company in our market with 120% growth over 6 consecutive years. Coupa is a US based company offering cloud based procurement services. ![]()
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