Coupa for Life Sciences
Optimize spend to increase lab productivity, fuel R&D innovation, and maintain regulatory compliance with life sciences spend management software.
Streamline lab ordering to reduce R&D bottlenecks
A user-friendly, automated buying workflow helps doctors, lab workers, and scientists quickly order on-contract goods to avoid delays. Simplified approval chains, digital invoicing, and streamlined payment processes also help finance teams better manage budgets and drive savings.
Optimize supply chains with powerful modeling
Make AI-driven sourcing and supply chain decisions by testing different scenarios based on risk, costs, and expiry. Be prepared and plan for unexpected events, like an ingredient shortage or a blocked port, so your operations aren’t impacted.
Protect the business with autonomous risk detection
Automatically surface insights during decision-making to avoid third-party risk, fraud, and fines. Monitor third parties for fraud and corruption while creating a real-time ledger of approvals and orders to maintain SOX and Sunshine compliance.
Change how you manage direct and indirect spend
Coupa’s industry-leading platform changes how you manage direct and indirect spend. It harnesses the power of $7T in real-world AI spend data to improve efficiencies and productivity, unlocking savings to fuel profitable growth.
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2024 Total Spend Management Benchmark Report Strategic insights and KPI benchmarks based on Coupa community performance worldwide
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8 strategies to reduce costs and extend runway in Life Sciences
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“Coupa adds value on three points: global visibility, compliance, and user adoption.”
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“In our selection process, it became very clear around usability studies that Coupa had an enhanced user experience compared to other platforms.”
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