Pre-eminent engineering group will roll-out Source to Pay (S2P), invoicing and supplier information management solution globally
LONDON–(BUSINESS WIRE)–October 4, 2016–
Coupa Software, a leader in cloud-based spend management, today announced that Rolls-Royce plc, the global power systems company, has selected Coupa’s Source to Pay (S2P) solution to support the company’s indirect purchasing activity. The S2P solution was chosen to simplify the buying process, enhance user experience and provide greater transparency.
The S2P solution will benefit Rolls-Royce employees by providing a flexible and easy-to-use solution that will consolidate and standardise processes across their global markets.
“The new S2P solution will be simple and automated, enhancing user experience and providing greater transparency in what we buy,” said Klaids Lafon de Ribeyrolles, director of group indirect purchasing at Rolls-Royce. “It will enable Rolls-Royce to take cost out of the business.”
Coupa’s S2P solution provides a consistent interface across sourcing, supplier information management, procurement and invoicing modules as well as a common data model that can be integrated into ERP back-end payment systems.
“We are redefining the world of business spend through a unified cloud platform and open business network, and we are delighted that Rolls-Royce selected us to provide a user-friendly experience for its employees and suppliers,” said Coupa CEO Rob Bernshteyn. “This agreement underscores Coupa’s commitment to an open and interconnected solution centered around our customers’ long term success. Our focus on ease-of-use makes us a natural fit for businesses.”
About Coupa Software
Coupa Software is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally. The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management. Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.