Treasury & Cash Management
In the realm of utilities management, tracking CapEx project spending is crucial for achieving measurable ROI. Coupa by LLamasoft offers a solution that unifies project management, treasury, and supply chain management, providing a comprehensive view of investments. By consolidating spend across different territories, currencies, and business units, organizations can enhance decision-making processes to drive sustainable and profitable growth.
Source-to-Contract
For utilities companies dealing with complex categories, achieving scalable sourcing can be challenging. Coupa by LLamasoft simplifies this process by offering ready-to-go templates and automated stakeholder review workflows for different sourcing events. With the integration of AI evaluation tools, operational constraints like logistics are taken into account to ensure the selection of the best suppliers, ultimately optimizing the sourcing process.
Procurement
Empowering maintenance and operations teams is essential for the smooth functioning of utilities companies. Coupa by LLamasoft facilitates this empowerment through guided buying workflows that streamline the procurement process. By providing business units with easy access to the goods and services they require, operations can expand seamlessly. The platform also helps in driving on-contract spending by highlighting preferred vendors and products, along with allowing the configuration of approval chains to maintain operational efficiency.