Case Study: Mirati Therapeutics scales AP automation and spend control with Coupa

Mirati Therapeutics scales $40M in monthly spend with Coupa

Mirati Therapeutics, a clinical-stage biotech company, faced significant financial risk with an informal, manual procurement process while managing nearly $40 million in monthly spend. Their challenges included using blanket purchase orders and four disparate systems, which created data silos, slow operations, and a lack of spend visibility and control. To address this, Mirati turned to Coupa's procure-to-pay and invoicing solutions.

By implementing Coupa, Mirati established a controlled buying process with punchout capabilities and integrated procurement and payments into one system, including three-way and touchless invoice matching. This allowed their two-person finance team to seamlessly process over 1,000 invoices monthly. The solution provided clear spend tracking and easy integration with NetSuite, giving the finance team immediate visibility into invoice status and enabling rapid scaling without additional headcount.

Mirati Therapeutics