6 Truths About Business Spend Management Technology

There’s a lot of pressure on today’s CIO. So when the procurement and finance teams recommend a new supplier for their spend management system, it might seem safest for you to recommend the ERP vendor’s solution instead.

Business Spend Management Technology

Anyone with a flashy website can sell the procurement team the greatest features, the easiest implementation, and the best user experience.

If that new supplier lets you down, you could be wishing you’d just stuck with what you knew.

Your ERP provider’s solution is probably the result of an acquisition.

And let’s face it, they likely don’t have a great track record when it comes to integration. So you’ll be the one left with the hassle of getting everything to work.

The ERP provider’s solution is probably a legacy platform, originally built for back-office functions, not end users. And the chances are you’ll spend a lot of IT resources just maintaining it.

Risky new kid on the block promising the world, with nothing to back it up.

Or cumbersome, the uninspiring solution from a tried and tested vendor.

Not the best options. Luckily, there’s a third way, combining innovation with proven reliability.

Which Solution is Right for You?

There’s a lot to weigh up with any software implementation. Especially if the decision involves moving to a supplier you haven’t heard of.

Choosing your ERP provider’s solution might seem easy, but there are lots of potential pitfalls. On the other hand, a newer, more innovative solution might not have the stability and reliability you need for such a business-critical application.
Coupa offers the best of both worlds. The market leader in business spend management, with a track record and customer success stories to prove it.

So how can you tell which is the best option? The right solution for you is the one that turns your unique challenges into benefits. Think about the problems you’re facing in the IT department then ask any potential supplier how they’ll help you overcome those challenges.


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