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storyUnited KingdomFinancialsProductivityRisk and compliance

Story

Coupa@Standard Chartered

Standard Chartered Extends Supply Chain Design Across Source to Pay

Standard Chartered, a financials organization in the United Kingdom, uses Supply Chain Design from Coupa to support source to pay for procurement and AP.

Value results

CategoryValue result
ProductivityFewer stalled items because procurement and payables has a clear owner
ProductivityHandoffs in source to pay sit in a shared queue instead of a mailbox trail
Risk and complianceSupply Chain Design is the governed place procurement and AP use for source to pay

Story

Inside Standard Chartered, source to pay used to depend on whoever still had the latest file. That pattern is common in financials groups working out of the United Kingdom. Procurement and AP needed a system that would still make sense after the original project team moved on.

Standard Chartered uses Supply Chain Design from Coupa as the working layer for procurement and payables. Coupa is a spend management platform for procurement, invoicing, expenses, and supply chain design used by finance and procurement teams. The practical change is simple: source to pay has a home, and reviews happen there instead of in a forwarded thread.

Nothing in this writeup invents a savings number. What Standard Chartered gets from Coupa is a durable place to run source to pay and a way for procurement and AP to see the same procurement and payables at the same time.

Relationship map

Standard Chartered uses Coupa, Proofpoint, Microsoft, Pega, Guidewire, CyberArk, VMware, Anaplan, HashiCorp. Shared with Accenture, Alibaba, Allbirds, Aptiv, Ascension. Industry: Financials. Value: Productivity, Risk and compliance. Drag nodes, filter types, or expand a node to follow more commonalities.

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