Coupa Pay
Unify purchasing, AP, and digital payments with automated controls and AI-driven insights.
Executive Summary
Coupa Pay unifies purchasing, accounts payable (AP), and digital payments into a single, automated platform. It leverages AI-driven insights and automated controls to streamline the entire payment process, from invoice to payment. The solution supports various digital payment methods, including virtual cards and digital checks, and offers automatic reconciliation capabilities. By integrating seamlessly with Coupa's broader spend management platform, Coupa Pay helps organizations optimize their payment workflows, mitigate risk, and gain real-time visibility into payment statuses. It aims to maximize early payment discounts and improve supplier relationships through efficient and transparent payment processing, ultimately driving business benefits.
Use Cases
- Automating the end-to-end invoice-to-payment workflow for accounts payable.
- Optimizing cash flow by identifying and maximizing early payment discounts.
- Issuing and managing virtual cards for secure and controlled digital spending.
- Streamlining payment reconciliation through automated processes.
- Ensuring supplier payment readiness by managing payment accounts and preventing blocks.
Features
Visibility
- Real-time Payment Visibility: Gain immediate, comprehensive visibility into the status of all invoices and payments across the organization.
- Supplier Payment Account Monitoring: Proactively monitor supplier payment account statuses to prevent payment delays and ensure readiness.
Intelligence
- AI-Driven Payment Insights: Leverage artificial intelligence to uncover opportunities for payment optimization and automate complex reconciliation tasks.
- Automated Payment Controls: Enforce automated controls and business rules across purchasing, AP, and digital payments to enhance efficiency and compliance.
Technical Specifications
- Architecture
- Cloud-based platform for hosted applications.
- Deployment
- SaaS
- API Available
- Yes
Integrations
- ERP Systems
- HR Systems
- Invoicing Systems (cXML/SFTP)
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About Coupa
Coupa is an American technology platform for AI-driven total spend management and supply chain, offering cloud-based Business Spend Management (BSM) solutions. It helps organizations gain visibility into and control over how they spend money, optimize supply chains, and manage cash, while also advancing sustainability goals.
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