Coupa Software, a leader in Business Spend Management (BSM), announced that Sonoco, a packaging solutions leader with more than $5 billion in revenue, has deployed Coupa Pay and virtual cards across the organization to gain enhanced visibility and control into its spend and transform business processes.
Sonoco is implementing Coupa and virtual cards to make the purchasing process more efficient and streamlined for its facilities, increasing spend visibility while reducing risk.
Coupa Pay’s virtual cards — powered by Coupa’s BSM Platform — enabled Sonoco to manage its spend and card program while providing its manufacturing plants with flexibility, streamlining its payment processes and providing greater visibility into pre-approved spend. Coupa Pay provides Sonoco with one place to process its payments, POs, invoices and expenses.