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

VF Corporation unlocks $50M in additional cash flow with Coupa

VF Corporation, a major outdoor and active lifestyle company, faced a challenge with lack of visibility and control over its indirect spend. With no central digital system for purchase orders and requisitions, the finance team struggled to manage spending and optimize cash flow efficiently. They turned to Coupa Software for a procure-to-pay solution.

By implementing Coupa's platform to standardize and digitize its purchase order and invoicing processes, VF Corporation gained significant control. The solution resulted in $20 million in upfront savings and captured 80% of indirect spend. Furthermore, Coupa helped unlock an additional $50 million in cash flow and achieved rapid user adoption by its global workforce.

VF Corporation