Standardization and centralization with Coupa
Project overview and objectives
Commercial Real Estate Exchange, Inc. (Crexi), a leading commercial real estate data platform and online marketplace based in Los Angeles, has played a transformative role in reshaping the commercial real estate ecosystem—delivering the infrastructure, intelligence, and transparency that modern CRE demands. As part of its ongoing commitment to innovation and operational excellence, Crexi has invested in Coupa’s industry-leading Source-to-Pay (S2P) suite. This strategic move was aimed at boosting productivity, enhancing supplier management, and delivering exceptional value to its clients.
What we did
In search of a smarter way forward, the company partnered with Clearsulting to bring increased structure and speed to their finance operations. Together, we implemented Coupa’s S2P suite with one main priority: making daily life easier for the people behind the processes. We:
- Provided leading practice guidance and collaborated with Crexi to engineer workflows that made sense for their teams
- Provided training and ongoing support to address questions and concerns while strengthening a seamless solution adoption
- Centralized S2P and supplier onboarding processes within a single, integrated solution—seamlessly connecting to the ERP
Impact
Now, with Coupa integrated into their ERP and four outdated systems retired, the finance team is celebrating greater efficiency:
- 69% reduction in invoice approval cycle time
- 64% reduction in expense approval cycle time
- 50% reduction in annual technology costs