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storyItalyConsumer DiscretionaryCapability

Story

Coupa@Ferrari

How Ferrari Runs Record to Report on Coupa Pay

Ferrari, a consumer discretionary organization in Italy, uses Coupa Pay from Coupa to support record to report for controllers and shared services.

Value results

CategoryValue result
CapabilityControllers and shared services work from the same Coupa Pay record for financial close
CapabilityFinancial close can be reviewed without waiting on a personal export
CapabilityNamed workflow replaces ad hoc routing for financial close

Story

Consumer Discretionary work at Ferrari spans more than one site, even when headquarters sits in Italy. Financial close was splitting across regional habits. Controllers and shared services asked for a shared way to run record to report without freezing local judgment.

Coupa (Coupa Pay) is what they standardized on. Coupa is a spend management platform for procurement, invoicing, expenses, and supply chain design used by finance and procurement teams. Ferrari uses it as the system of record for financial close, with controllers and shared services as the primary operators and other groups coming in through the same queue.

Leaders get a picture they can actually walk. Teams get fewer mystery statuses. The story is about operating change, not an unpublished percentage.

Relationship map

Ferrari uses Coupa, Ansys, Red Hat, DocuSign, Shopify, AWS, SentinelOne. Shared with Accenture, Alibaba, Allbirds, Aptiv, Ascension. Industry: Consumer Discretionary. Value: Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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