Estimated reading time: 2 minutes, 17 seconds

softwarereview-150Coupa Cloud Spend Management (CSM) software (www.coupa.com ) is a fresh approach to enterprise spend management and e-procurement. This innovative application delivers all the tools needed through an Internet cloud. It consolidates expense and e-procurement management into a single platform and allows a nonprofit organization to manage non payroll indirect spending.


In Use
This application has many built in features including dashboards and detail reporting. The software is customizable and very flexible. It has a multitude of features including two and three way invoice matching, SSL and advanced password security and also has open APIs for system integration. The dashboards include budget, spending and executive dashboards. This is a fully functional procurement platform that is delivered in a cloud application.


Technology employed
This cloud software only needs an Internet browser to use all of its features. There are no special requirements or hardware needed.

Ease of use, configuration, and deployment
Since this is an online cloud solution nothing has to be configured or deployed. It is very easy to use and all updates are done automatically to the system. There are plenty of resources available including tech support and online training materials.

Recap
The Coupa Cloud Spend Management software is a comprehensive system that does a multitude of tasks, including requisitioning, purchase orders and budgeting. The user can do expense reporting and preapproved purchases. All aspects of e-procurement and expense management can be handled in this single platform through cloud technology.

This software is purchased as a subscription base which is paid yearly. The subscription fee varies depending on the size of the nonprofit organization and their specific needs.

Advantages
  • Dashboards
  • Customizable and flexible
  • User friendly
  • Cloud solution

Disadvantages
  • The annual subscription fee may increase depending on additional add-ons and features.

My Opinion
Coupa Cloud Spend Management Software is an effective application that allows a nonprofit organization to manage their expenses easily and efficiently. When I was collecting information for this review I had an added advantage. I was able to talk to associates of Coupa Software plus a representative of the nonprofit organization, Neediest Kids. They work with schools in the Washington DC area to provide critical emergency necessities for students in need. This gave me a totally new perspective seeing how the software was specifically used by a nonprofit organization.

Coupa has worked with many nonprofit organizations to assist them in streamlining their procurement process for purchasing goods and negotiating reduced prices. This cloud software is easy to use and deploy. Coupa Cloud Spend Management software can be used by any size of nonprofit organization. The software is completely customizable and very flexible to fit all types of nonprofit organizations. It is an innovative way to track and manage expenses in one single application. Last modified on Sunday, 19 May 2013
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