Case Study: Evotec achieves 70% faster PO cycle time with Coupa

Evotec reduces PO cycle time by 70% with Coupa

Evotec, a drug discovery and development company, faced procurement challenges due to rapid business expansion, constantly evolving research needs, and an outdated ERP system that lacked control and ease of use. To gain visibility and consistency, they turned to the Coupa platform.

By implementing Coupa's solutions, including Contract Management, Evotec achieved a 70% reduction in purchase order cycle time. This increased operational speed accelerates the drug discovery process. Coupa also enabled self-service for 50% of purchases through pre-negotiated categories and streamlined supplier onboarding, providing full visibility and control across all locations.

Evotec