Story
Standard Chartered Extends Supply Chain Design Across Source to Pay
Standard Chartered, a financials organization in the United Kingdom, uses Supply Chain Design from Coupa to support source to pay for procurement and AP.
Value results
| Category | Value result |
|---|---|
| Productivity | Fewer stalled items because procurement and payables has a clear owner |
| Productivity | Handoffs in source to pay sit in a shared queue instead of a mailbox trail |
| Risk and compliance | Supply Chain Design is the governed place procurement and AP use for source to pay |
Story
Inside Standard Chartered, source to pay used to depend on whoever still had the latest file. That pattern is common in financials groups working out of the United Kingdom. Procurement and AP needed a system that would still make sense after the original project team moved on.
Standard Chartered uses Supply Chain Design from Coupa as the working layer for procurement and payables. Coupa is a spend management platform for procurement, invoicing, expenses, and supply chain design used by finance and procurement teams. The practical change is simple: source to pay has a home, and reviews happen there instead of in a forwarded thread.
Nothing in this writeup invents a savings number. What Standard Chartered gets from Coupa is a durable place to run source to pay and a way for procurement and AP to see the same procurement and payables at the same time.