Join the Coupa Webinar Tomorrow to Learn About Community Intelligence

Spend Matters UK’s procurement veteran Peter Smith on Tuesday will join Coupa’s John Callan for a webinar in the UK about developments in community intelligence, the idea of driving benefits through a community of organizations that are each buying separately but look to collaborate in some way.

Leading procurement/spend management firm Coupa is hosting tomorrow’s event, “Community Intelligence — A Procurement Revolution.” The time of the webinar was changed to accommodate the North American audience, so sign up here and join the 45-minute session at 9 a.m. Central time (3 p.m. UK time), and bring your questions about community intelligence.

“Advances in technology, driven by firms like Coupa, are increasing the potential for benefits from it, making it a significant tool for procurement and one which we believe procurement leaders need to understand,” Smith says in a preview of the event.

“There have historically been some barriers to this happening effectively, and we’ll touch on those during the webinar,” he says. “But as technology becomes more powerful, and platforms like Coupa’s offer more capability, and a wider range of users, then those barriers are falling away.

A good example of this came with the Coupa report issued earlier this year, that used real data from Coupa users to provide benchmarks on 12 key spend management metrics.

“But the scope for community intelligence goes much wider than just this sort of transactional benchmarking. It is starting to play into risk management tools, and even into sourcing, with buyers having the opportunity to aggregate spend across different organizations to approach the market together.”

Read the Spend Matters UK story for more on the topic.

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