Coupa Software Inc

Coupa Strategic Sourcing

7.0 /10

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

Latest Award, 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.

78 Likeliness to Recommend

84 Plan to Renew

78 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+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

Bennet K.

Role: Sales Marketing
Industry: Technology
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

Sourcing made easy

Likeliness to Recommend

8 /10

What differentiates Coupa Strategic Sourcing from other similar products?

Coupa has many suppliers attending their event which gives businesses a pool of products to sauce at competitive price. This is actually good for both parties since it ensure win, win business.

What is your favorite aspect of this product?

Their sourcing process gives business essential information for to make a better decision.

What do you dislike most about this product?

I don't have any dislike about Coupa Sourcing yet.

What recommendations would you give to someone considering this product?

I recommend that business who want to source raw materials should consider using Coupa for efficiency.

Pros

Reliable
Performance Enhancing
Enables Productivity
Trustworthy

GAURAV K.

Role: Information Technology
Industry: Consulting
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Dec 2022

Nice product with easy dashboard

Likeliness to Recommend

6 /10

What differentiates Coupa Strategic Sourcing from other similar products?

Nice product with easy dashboard

What is your favorite aspect of this product?

Nice product with easy dashboard

What do you dislike most about this product?

not till now

What recommendations would you give to someone considering this product?

Nice product with easy dashboard with good specifications

Pros

Reliable
Performance Enhancing
Enables Productivity
Inspires Innovation

Samson M.

Role: Vendor Management
Industry: Apparel
Involvement: Vendor Selection and Purchasing

Validated Review

Verified Reviewer

Submitted Dec 2022

Fantastic product

Likeliness to Recommend

8 /10

What differentiates Coupa Strategic Sourcing from other similar products?

Coupa feature and community

What is your favorite aspect of this product?

Easy to use

What do you dislike most about this product?

Update are late

What recommendations would you give to someone considering this product?

Worth the money and good tool for procurement Org

Pros

Continually Improving Product
Performance Enhancing
Trustworthy
Saves Time

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

Bennet K.

Sourcing made easy

Likeliness to Recommend

Pros

GAURAV K.

Nice product with easy dashboard

Likeliness to Recommend

Pros

Samson M.

Fantastic product

Likeliness to Recommend

Pros

Most Popular Coupa Strategic Sourcing Comparisons

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Promena e-Procurement

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