Coupa’s P2P solution helps customers manage and optimize their spend by leveraging a consumer-like user experience combined with catalogs and contracts within a single unified B2B platform. has chosen Coupa’s Procure-to-Pay (P2P) solution, which includes global invoice compliance.Ĭoupa’s industry leading cloud-based P2P solution helps businesses improve visibility into indirect spend, make better purchasing decisions, increase efficiency of their accounts payable processes, and realize savings that directly impact their company’s bottom line. These drawbacks can be compounded in a hybrid model, where some procurements are processed through the Procure-to-pay model and others are processed through the Source-to-pay model.Coupa Software (NASDAQ: COUP), a leader in cloud-based spend management, announced today that Caterpillar Inc. This is because the process is more manual and there are more steps that need to be followed. This is because the process is decentralized and there are many different invoices that need to be tracked.Īnother potential disadvantage of the Source-to-pay model is that it can be more time-consuming. One potential disadvantage of the Procure-to-pay model is that it can be more difficult to track spending. However, there are some disadvantages to consider before making a decision about which sourcing model is best for your business. The Procure-to-pay model can help to improve the efficiency of the procurement process, while the Source-to-pay model can help to ensure that the right suppliers are chosen. The Procure-to-pay model can help businesses that have a lot of procurement activity, while the Source-to-pay model can help businesses who want more control over their sourcing process.Īdopting this hybrid model can be advantageous because it allows for the best of both worlds. The combination of Source-to-Pay and Procure-to-Pay models is beneficial because it allows for the strengths of both models to be used.

Coupa source to pay