Coupa can increase the velocity of your invoicing process. This is will allow you to pay invoices more quickly and take advantage of prompt payment discounts.

Driving your suppliers to invoice through CSN or cXML can dramatically increase your opportunities to take prompt payment discounts by shifting the invoicing burden to your suppliers.

Finance and procurement can work together to target suppliers where a prompt payment discount makes sense. Procurement can then lead the efforts to negotiate a prompt payment discount.

Savings is computed by value of all invoices multiplied by the discount rate on the payment term, if the payment date is within the timeframe between invoice date and the # of days for discount payment