Biopharma Company Scales up with Automated AP
Biopharma Company Scales up with Automated AP
2 Pages© 2018 Coupa Software. All rights reserved. CUSTOMER STORY Industry Life Sciences Geographies USA, Ireland Employees 340 Revenue $15.3M Challenges • Compliance regulations • Fast organizational growth • AP process inefficiencies Solution • Coupa Procurement • Coupa Contracts • Coupa Invoicing Results • Saved $3.1M dollars in employee time • Invoice and approval process almost 4 times faster • 100% P2P compliance • Real-time reporting $3.1M saved in 6 months and 100% compliance Biopharma Company Scales up with Automated AP Theravance Biopharma develops and commercializes specific medical therapies and is expanding globally. But paper-based, time-intensive processes for AP and invoicing couldn’t scale for the growing organization. The specific financial regulations of the Sunshine Ac
