SAP SRM vs Coupa Procurement

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Our analysts compared SAP SRM vs Coupa Procurement based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

SAP SRM Software Tool

Product Basics

SAP SRM is a web-based supplier relationship management module of SAP that helps take care of both source-to-pay and purchase-to-pay solutions. It automates operations, manages supplier relationships and effectively optimizes processes. It also helps in creating and processing bid requests to enable role-based security access and monitoring tasks in real time.
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Coupa Procurement aims to bring the ease of consumer shopping to daily processes. With a focus on attaining full visibility, control and management of expenses, it can streamline and optimize time-intensive tasks. Key features include budget tracking, spend management, fraud detection and purchase requisitions.

Its modern design makes adoption across an entire business easy, while visibility features provide valuable information regarding demand and planning. Simple purchase requisitions and order processes are trackable in real time as well.
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Product Insights

  • Streamline Navigation: Access a user-friendly, intuitive portal that helps manage functions easily and perform tasks in real time. 
  • Simplify Spend Analysis: Enable NetWeaver BI to manage spend analysis and perform operations like web-based reporting, analytics and data warehousing. 
  • Improve Integration: Plan, optimize and seamlessly integrate with other SAP ERP and non-SAP modules for a streamlined data transfer. 
  • Centralized Repository: Create, manage and access contracts, catalogs and other documents within an easy-to-navigate, centralized database. 
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  • Gain Spend Visibility: Maximize pre-approved spend and gain valuable visibility into the entirety of the purchase-to-pay process. 
  • Maximize Spend Usage: Track purchase requisitions and order processes in real time to maximize pre-approved spend usage. 
  • Easy to Adopt: A modern design and easy-to-access list of features and tools make adoption easy for procurement teams and suppliers. 
  • Save Time: Adoption of a company-wide procurement system gives an enhanced environment to simplify tedious tasks and boost efficiency. 
  • Minimize Errors: Reduce human errors by leveraging tools within the system while cutting down on resources spent fixing input errors. 
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  • Catalog Management: Create customizable internal catalogs and access supplier-provided external ones. Manage and integrate product information data with accounting and finance operations. 
  • Procure-to-Pay: Enable a seamless process from purchase requisitions to supplier payment. Access streamlined inventory management and improve supplier relationships to help deliver efficiency and accuracy. 
  • Contract Management: Generate operational contracts and use them as a source of supply while tracking contract usage and performance and enabling compliance.  
  • Self-service Procurement: Access any product information using the multi-product catalog and enable purchase as per the procurement policy. 
  • Reporting & Analytics: Generate, manage and access reports as the operational and strategic purchaser role. Analyze data from these reports to handle costs and help conduct business effectively. 
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  • Purchase Requisitions: Helpful tools guide users through their buying processes while bringing preferred products to the surface. Also offers alerts to show discounts and other advantageous terms. 
  • Open Buy Shopping: Coupa Open Buy provides a centralized area for price comparison across all suppliers. Both punchouts and hosted catalogs are included. 
  • SOW-Based Spend Management: Flexible forms provide guidance through the process of entering the correct data for SOW-based processes. Also supports submitting work details and timesheets online to track performance. 
  • Budget Tracking: Manage budgets in real-time to get a better idea of spending impact before purchases are approved. Budget meters included in real-time dashboards help track spend. 
  • Fraud Detection: Spend Guard uses AI and machine learning to help detect fraud and errors across the entirety of spending. 
  • Faster Approvals: Leverage mobile and email-based tools to boost approval speed. Everyone involved in approval can check purchase requisition status and approve or reject it anywhere on an internet-enabled device. 
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Product Ranking

#2

among all
Procurement Software

#14

among all
Procurement Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Coupa Procurement
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Budget Management Contract Management Dashboard And Reporting Invoice Management Mobile Capabilities Native Integration And Extensibility Platform Capabilities Product Catalog Purchase Orders Management Receiving And Inventory Management Requisitions Sourcing Spend Management Supplier Management 88 70 100 67 100 90 100 100 83 77 97 100 100 99 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 27 reviews
Great User Sentiment 1250 reviews
84%
of users recommend this product

SAP SRM has a 'great' User Satisfaction Rating of 84% when considering 27 user reviews from 2 recognized software review sites.

88%
of users recommend this product

Coupa Procurement has a 'great' User Satisfaction Rating of 88% when considering 1250 user reviews from 5 recognized software review sites.

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4.1 (14)
4.3 (2)
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4.7 (632)
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Awards

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SelectHub research analysts have evaluated Coupa Procurement and concluded it earns best-in-class honors for Mobile Capabilities, Product Catalog, Requisitions and Spend Management.

Mobile Capabilities Award
Product Catalog Award
Requisitions Award
Spend Management Award

Synopsis of User Ratings and Reviews

Robust Integration: Seamlessly integrates with other SAP modules, like ECC and HCM, streamlining operations and data flow for procurement activities.
Comprehensive Functionality: Offers strong contract lifecycle management, supplier evaluation, and procurement analytics in one platform.
Real-Time Collaboration: Enables real-time collaboration with suppliers, facilitating communication and feedback loops.
Improved Spend Analysis: Provides tools for spend analysis and web-based reporting via NetWeaver BI, leading to better cost control and insights.
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Purchase Orders: It’s easy to manage large purchase orders and search for vendors, according to all users mentioning this feature.
Invoices: It’s easy to file and submit invoices for suppliers in the experience of all the reviewers referring to this feature.
Tracking: Tracking purchases, shipments, expenses and pending approvals is simple, according to all reviews referring to this aspect.
Reporting: Every review about reporting agrees the tools make it easy to quickly create, save and access reports from mobile phones and desktops.
Manage Expense: The solution helps tabulate expenses and keep them transparent, according to all the reviewers referencing this aspect.
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Steep Learning Curve: Users find it difficult to learn how to use due to its complexity.
High Implementation Costs: Implementing the software can be expensive, especially for large enterprises.
Performance Issues: Users report occasional performance issues, such as slow loading times or system unresponsiveness, hindering productivity.
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Usability: More than 60% of users mentioning this issue feel that the system is less intuitive, making it difficult to use and navigate.
Training: Training is not specified to job roles, as all the reviews mentioning this feature note.
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SAP SRM has garnered mostly positive reviews from users over the past year, praising its robust features and integration capabilities with other SAP modules, which many find helpful for streamlining their procurement processes and enhancing supplier collaboration. Users particularly appreciate the software's ability to improve compliance and spend visibility, leading to more significant cost savings and better control over procurement operations. However, some users find the user interface outdated and less intuitive compared to modern procurement solutions. The steep learning curve and high implementation costs are also common criticisms, making it less appealing to smaller organizations. For example, one user noted that "setting up a new profile takes time," highlighting the software's complexity. Overall, SAP SRM emerges as a comprehensive solution best suited for large enterprises with complex procurement needs due to its extensive features and integration capabilities, despite its drawbacks.

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Coupa Procurement receives consistent praise for its user-friendly interface, making it easy for teams to adopt and navigate. The platform's comprehensive features, including purchase order management, supplier catalogs, and contract management, streamline procurement processes and save valuable time. Coupa Procurement's real-time tracking of purchases and shipments enhances visibility and control over spending. However, some users note that navigation can be challenging initially and express a desire for more role-specific training resources. Additionally, while Coupa Procurement offers reporting capabilities, some users find them to be less extensive than desired, particularly for complex data analysis needs. Coupa Procurement stands out with its focus on ease of use and comprehensive spend management tools. It simplifies procurement tasks, making it an attractive option for businesses seeking greater control and visibility over their expenditures. The platform's ability to track purchases, shipments, and invoices in real time provides valuable insights for data-driven decision-making. Coupa Procurement is particularly well-suited for companies handling numerous purchase orders and invoices, as it streamlines these processes and enhances efficiency. Its expense management and reporting features further cater to businesses requiring detailed financial oversight.

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Top Alternatives in Procurement Software


Basware P2P

BirchStreet

Coupa Procurement

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Ivalua

JAGGAER ONE

Oracle Procurement Cloud

Precoro

Procurify

Proqura

SAP Spend Management

Synertrade

Tradogram

Workday Spend Management

Zycus

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