Walmart upgrades source-to-pay process

Walmart is opening visibility into its global sourcing spend.

The discount giant is deploying the Coupa business spend management (BSM) platform to drive incremental savings in its end-to-end procurement process. Leveraging the solution, Walmart intends to optimize spend for highly complex sourcing events and categories, as well as drive incremental savings through spend efficiencies.

Walmart currently uses Coupa technology to optimize the sourcing of significant third-party spend in North America. The company will now embark on a phased rollout to expand adoption of the Coupa BSM platform with procurement and advanced contract lifecycle management solutions.

"Today, we have multiple, complex procurement systems across our business. Coupa's unique technology solution will help us optimize and harmonize our source-to-pay processes, providing cost savings, a simplified system and greater ease of use," said D.K. Singh, chief procurement officer at Walmart.

"We are thrilled to be selected as Walmart's business spend management provider to help optimize performance, visibility and control, and value across their spend and contracting processes," said Rob Bernshteyn, chairman and CEO at Coupa. "We look forward to bringing the same cost-conscious mindset to their business spend activities that they employ through their omnichannel, everyday low price approach to serving millions of customers each week."