As a procurement executive, you face a variety of challenges.
Internally, manual procurement processes, lengthy management approvals, reconciliations, protracted payment cycles, and a general lack of integration with other business processes and systems can create inefficiencies and high transaction costs. Equally important, a lack of visibility into these processes can impede effective supplier management, weaken spending controls, and limit the benefits of strategic sourcing.
Externally, your company faces disruption from competitors and new entrants that upend established business models by leveraging new technologies. These competitive pressures demand that you extract value from every operation, leaving no room for waste or inefficiency. Departments throughout your company—including procurement—must be lean and agile.
Fortunately, the same technologies that disrupt industries also deliver the tools for value creation. Cloud-based procurement solutions provide the opportunity to innovate, automate, and transform old processes.
KPMG and Coupa can help you modernize your procurement organization, increasing efficiencies while reducing costs. By focusing on the entire procure-to-pay process, KPMG and Coupa can help you quickly realize the benefits of a user-friendly procurement platform — including rapid adoption, enhanced oversight, reduced risk, access to data for accurate decisions, and greater visibility into spend. Procurement becomes a competitive advantage, delivering value and innovation to your company.
Drawing upon extensive industry knowledge and decades of domain experience, KPMG helps clients develop a sustainable competitive advantage in the procurement space. Its Powered Procurement implementation approach creates modern, efficient procurement organizations that provide greater insight, control, and flexibility without the burden of a long implementation time line.
This approach incorporates strategy, service delivery models, controls, and metrics — all supported by process and technology templates through an integrated framework for accelerated business transformation. Because supplier and user adoption is essential for long-term success, KPMG focuses heavily on stakeholder management and user training as well as providing a robust supplier onboarding program to foster increased participation.
KPMG Powered Procurement also accelerates the speed to value for your transformation. Predefined data mappings to common ERP suites speed integration design and development. Thorough design and configuration, libraries drive prompt decisions in line with leading practices; standard commodity taxonomies, sourcing templates, and Web forms speed decision making and reduce implementation time. As a result, KPMG can deliver your solution quickly and at a competitive cost.
Coupa’s cloud-based business spend management platform supports the entire source-to-pay process — including contracts, inventory, sourcing, and supplier management. It is designed to give organizations visibility and control over all the ways spend happens in the organization — procurement, expenses, and accounts payable. Coupa provides visibility to analyze enterprise-wide spend and make effective sourcing decisions, all while delivering transactional efficiencies via automation.
Key features include:
Coupa provides a true cloud procurement platform for transformative change.
KPMG and Coupa work together to drive value from your investment in targeted procurement improvements and broad procurement transformations. This includes:
Your procurement organization can quickly transform, realize a rapid ROI, and deliver value to the business by taking advantage of KPMG’s global implementation experience and Coupa’s software. Instilling leading practice processes and engaging cloud technology can make your procurement organization more efficient so you can deliver higher levels of service. With KPMG and Coupa, you can build a high-efficiency, value-added procurement organization that delivers a sustainable competitive advantage.
Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. Any trademarks or service marks herein are the property of their respective owners.