Case Study: Telenor achieves faster invoice processing and better spend visibility with Coupa

Telenor manages $5 billion in spend with Coupa and cuts invoice cycle time by three weeks

Telenor, a Norwegian multinational telecommunications company, faced the challenge of managing $5 billion in annual spend while contending with inefficient invoice cycle times and aiming to achieve a strategic touch-free procurement vision. To address this, they turned to Coupa Software for a procure-to-pay solution.

By implementing Coupa's platform, which included procure-to-pay, contract management, and supplier risk and performance modules, Telenor dramatically improved its operations. Coupa helped them reduce their invoice cycle time by three weeks, cutting it down to just six days. This provided greater visibility into spend for better decision-making and improved cash flow management, allowing Telenor to effectively manage its $5 billion in spend.

Telenor