SUPPLY CHAIN
10m +
size of Coupa ’ s global network of buyers and suppliers
of supplier financial viability risk , simply by pulling the latest viability assessment from the global risk repository within Coupa ’ s platform .
As a result , BMO ’ s team was able to quickly assess how suppliers and third-parties were supporting work-fromhome and social distancing requirements by adding a supplemental COVID-19 risk assessment .
With this information , the bank swiftly responded to frequent requests from regulators who were pressure-testing pandemic preparedness .
Coupa platform helps managers find diverse suppliers Coupa ’ s platform is undoubtedly a standout in the field of SRM , bringing a complete , user-centric vision for supplier and third-party risk management that ’ s fully integrated with source-to-pay and
across all back-office processes . It ’ s an approach that lets companies improve efficiency , visibility and continuity while putting the right processes in place to ensure compliance across multiple risk domains .
“ Additionally ,” Nari continues , “ thanks to the wealth of Coupa ’ s communitybased supply and demand data reservoir , the Coupa platform gets the right information to the right people within your organisation to improve decision-making .
“ For example , managers get prescriptive recommendations of suppliers that have already been rated and on-boarded for digital transactions to accelerate onboarding .
“ Risk and performance monitoring are managed within the same platform as purchasing and invoice management , driving digital adoption by suppliers .”
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