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Coupa Treasury unlocks full cash visibility and enables business agility

By Edlyn Cardoza

August 22, 2022

  • About You
  • Business Spend Management
  • Cash Forecasting
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Coupa Software, Business Spend Management, Coupa Treasury, Liquidity, Cash Forecasting, Financial Data, Community.AI, USACoupa Software, a leader in Business Spend Management (BSM), announced Coupa Treasury innovations designed to help companies improve liquidity during uncertain economic times. Coupa’s Business Spend Management platform is the only comprehensive solution that provides treasurers with a complete view of company spending and cash – across treasury, finance, procurement, and supply chain.

“Liquidity is the lifeblood of an organisation. To safeguard liquidity, especially in volatile economic times, treasurers need systems that enable them to be more agile and make smarter decisions on cash, debt, and investment management. Coupa’s BSM platform, which Treasury is an integral part of, ensures treasurers full visibility across company-wide spend activities, helping them maintain solvency, provide liquidity, anticipate future needs, and deliver significant additional business value to their organisation,” said Enrico Camerinelli, Strategic Advisor, Aite-Novarica.

Coupa helps organisations strengthen their financial position by:

  • Unlocking hidden yield with an end-to-end source to settle cash visibility. Treasures can find untapped yield by gaining transparency into spending activities across the organisation.
  • Future-proofing the business with increased resilience and agility. Treasurers can prepare for disruption and growth with more accurate forecasting based on full spending visibility across the organisation.
  • Improving liquidity by breaking down internal silos. Treasurers can take advantage of procurement-negotiated early payment discount terms, pay later options, and various payment options to increase effective yield.

Hundreds of global companies are using Coupa to get visibility and control over financial data to improve cash forecasting, including About You, Puma, CBRE, Velcro, and more.

“At About You, the treasury management system Coupa Treasury has been providing more automation and transparency in our cash and payment management for years,” says Ahmet Yildiz, Director of Finance at About You, one of the most significant fashion and lifestyle platforms in Europe. “The expected synergies made it easier for us to decide to use Coupa’s Business Spend Management platform for our e-procurement in the future. This will be another important building block for optimising our processes regarding a standardised purchasing process and the continued improvement of our cost structure.”

Tamir Shafer has been appointed to lead Coupa Treasury sales growth and global go-to-market expansion. Shafer has 20+ years of experience in the treasury space, having written the TMS specifications for Goldman Sachs’ home-built treasury management system. He has been with Coupa since 2018.

“Coupa’s Business Spend Management platform goes beyond average TMS solutions by providing a holistic, unified, and real-time view of all spend. Because our technology spans across all spend activity happening in the back office, we can unlock visibility into transactions that a treasurer previously would not know about, sometimes into upwards of millions of dollars,” said Tamir Shafer, Coupa Treasury’s global vice president. “Whether companies need to quickly dial down spend when disruption hits, fund growth to scale the business, or incentivise ethical supplier behavior, treasury teams require full visibility into transactions across all back-office functions in order to accurately forecast cash.”

Upcoming on Coupa’s product innovation roadmap for Treasury is advanced integrations between payments and procurement processes, as well as helping companies improve profitability through Community.AI – data-driven AI insights from trillions of dollars of anonymised cumulative global spend data.  

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