Theravance Biopharma, a life sciences company experiencing rapid growth, automated its accounts payable (AP) and procurement processes using Coupa's Business Spend Management platform. Previously reliant on paper-based, inefficient AP methods, the company faced challenges in scaling operations and meeting compliance with financial regulations like the Sunshine Act. Implementing Coupa led to 100% P2P compliance, real-time reporting capabilities, and a nearly fourfold increase in invoice approval speed. The solution also saved $3.1 million in employee time within six months, allowing staff to focus on strategic tasks and easing the workload on the IT department through seamless integration with existing ERP systems.

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