JD Sports selects procure-to-pay software
By Retail Technology | Monday May 8 2017
Sports fashion giant JD Sports has selected a new cloud-based procure-to-pay solution to integrate with its existing ERP system
Coupa Software won the contract to supply the software that JD expects will offer an improved, simpler and more accessible P2P service to its store and office colleagues alike.
JD reviewed its existing indirect procure-to-pay process and sought a solution to reduce store ordering administration time, improve financial reporting and improve the ‘user experience’ of those sourcing goods and services.
Coupa’s P2P solution provides management with greater visibility of expenditures, and embeds budgeting control within a user-friendly ordering and approval process. This enables quicker approval time, ensuring the correct products are ordered at the correct time and at the correct price.
Digitising
Coupa’s solution enables business to digitise their spend by facilitating a highly automated sourcing and procurement process.
Neil Bradford, head of procurement at JD Sports, said: “By utilising the Coupa solution, we hope to achieve a reduction of more than 80% on the time our stores spend on indirect stock ordering and administration.”