The market winced. Business spend held firm.
The Coupa Business Spend Index™ Quarterly Update
Thumbtack Gains Control, Integration, and Transparency with Coupa
With a potential IPO on the horizon, Thumbtack's Josh Waldron utilizes Coupa for compliance and control while empowering employees and suppliers.
Challenge
An increasing number of supplier inquiries regarding payment information and dates
A need to manage AP, AR, Treasury, Internal Audit, Tax, and PCR efforts simultaneously, while maximizing efficiency
Proper processes and systems to support PCR efforts
Solution
Easily managing and reconciling payments from the Coupa Platform
Increasing overall control, while reducing risk
Preparing and managing financial data to prepare for potential IPO
Results
Comprehensive control across both procurement and payments
A flexible system which allows for a customized approval process
Transparency of payments to suppliers with a decrease in daily inquiries to AP regarding payments
Seamless ERP integration
"From end-to-end procurement to payment, Coupa provides us extensive control capabilities."
— Josh Waldron, VP Corporate Controller, Thumbtack





