Case Study: VF Corporation achieves $50M in improved cash flow with Coupa Software

VF Corporation Skates into $20M in Savings with Coupa

VF Corporation, the global apparel and footwear company behind brands like Vans, The North Face and Timberland, faced limited visibility and control over indirect spend across its operations in 125+ countries. With nearly 4,000 employees lacking systems for requisitions and purchase orders and finance teams tied to slow, error-prone accounting processes, the company struggled to make timely, data-driven decisions and optimize cash flow and working capital.

Implementing Coupa’s procure-to-pay Business Spend Management platform centralized roughly $2 billion in transactions (75% indirect), automated workflows and enabled more than 80% straight-through invoice processing in North America. The result: immediate cost savings, $50 million in unlocked cash flow, faster decision‑making, and freed-up finance capacity to focus on strategic initiatives and better vendor negotiations.

VF Corporation

Matt Puckett

Executive Vice President and Chief Financial Officer