E-Procurement vendors like Coupa love bad times just as well as good times. There’s nothing like a recession to get businesses to pay attention to their operational efficiency and control. When growing revenue seems harder and harder to achieve, a great way to maintain profits is to turn to purchasing automation and control. We’re hearing this more and more these days.

I’ve seen discipline exercised in different ways at different firms. Some very large firms, so used to managing to quarterly expectations, would sometimes turn off their purchasing & travel expenditure programs to control spending. “There’s a travel & buying freeze” they’d say. But these firms already had effective and disciplined buying habits in place.

For small and midsized businesses so intent on growing the top-line, inefficiency and wasteful spending sometimes run wild. These firms can rein in uncontrolled spending quite rapidly through automating and streamlining their corporate purchasing. Coupa can help - with one of the easiest and most affordable on demand e-procurement systems out there. All you need is a web browser to get started. And a desire to maintain profits in turbulent economic times.

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