Case Study: Alder BioPharmaceuticals achieves fast, flexible spend visibility and control with Coupa Software

Coupa Gives Biotech Startup Fast Flexible Solution for Spend Management

Alder Biopharmaceuticals, a Seattle-based biotech developing antibody therapeutics, was a very small company with limited visibility into spending and outstanding cash commitments. Without centralized procurement they struggled to understand what commitments existed and how cash was flowing out the door.

By implementing Coupa, Alder centralized requisitions and put approvals in place before spend occurred, giving management real-time visibility into employee spending and contract milestones. The easy-to-use system let the team track costs (for example lab supplies), control spend without a costly financial overhaul, speed approvals, and improve cash-flow management and user satisfaction.

Alder BioPharmaceuticals

Cheryl Beardslee

Financial Analyst