Understanding Your Supply Base

Coupa provides a standard dashboard report such as the one on the right to see your top suppliers over a 3-month, 6-month or 1-year horizon.

Have you drilled down into the rich content available in Coupa to find out where opportunities may be for each of the suppliers?

Detailed spend can be tracked via a number of different mechanisms in Coupa including reports by supplier, commodity or geography to identify opportunities such as:
  • Who are your top suppliers?  Do 20% account for 80% of your spend?
  • Have you profiled the top 20% to determine optimal content (catalog, punchout, Fill-out Form) and communication (cXML or manual) for each?
  • Do you have opportunities to consolidate suppliers where duplicates exist?
  • Are you missing key Spend categories in Coupa that you are paying (in AP) your suppliers?
  • Are you leveraging services spend and standard Accrual reports to upload in your financial system?
Even if you addressed all of above in your initial deployment, your supplier base changes over time so reviewing data may be a wise use of your time.