Coupa selected to power Provident Financial Group's procurement digital transformation

By Dale Benton
A leading financial services provider has selected Coupa to accelerate and power its digital tr...

A leading financial services provider has selected Coupa to accelerate and power its digital transformation.

Provident Financial Group announced in a statement this week that it had selected Coupa Software to “transform its business by improving group-level supply side synergies, maximise spend under management and increase operational efficiently to deliver new savings for the organisation.”

The leading business spend management (BSM) company will look to replace a number of infrastructure platforms that Provident Financial Group is currently using. In their place, Coupa will implement its BSM Platform to redefine the company’s Source to Pay capabilities to enable greater visibility and control over its organisational spend.

“Coupa’s approach to value as a service resonated strongly with us and, of all the systems we evaluated, Coupa stood out as the company with the clearest vision and focus on usability,” said James Wagstaff, chief procurement officer at Provident Financial Group. “This is truly the ‘Rolls Royce’ of systems, and we’re proud to be working with Coupa through this implementation.”
 

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“To chart a path toward best-in-class performance, we provide global benchmarks with KPIs against which customers can measure progress,” said Mark Riggs, chief customer officer at Coupa. “We are delighted to be working with Provident Financial Group on implementing a cloud-first approach to BSM and look forward to supporting its procurement transformation.”

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