Powered by AI, Community Intelligence is the idea that "None of us is as smart as all of us". In essence, it is about transforming information from the many creates insights for the one.
Learn how insights gained from the collective knowledge and experiences of the community will enable your business to thrive in any economic situation.
Read stories from a growing list of companies around the world that are using Community Intelligence to increase operational efficiency, reduce risk, and drive more savings.
Coupa Community Intelligence flagged risky suppliers that this hospital conducts significant spend with that showed no other indicators of risk.
Using Community Intelligence benchmarks, USO was able to cut its requisition time in half (from 4 days to 2), which also led to their ability to capture hundreds of thousands of dollars of savings.
With Community Intelligence, Teleperformance increased its speed to set up operations in new markets by finding suppliers trusted by the Coupa community, while also reducing PO cycle time by 54% despite the number of POs increasing 175% over the same period.
The Coupa Community allows Barclays to be smarter about how it manages spend. The bank decreased approval cycle times by 73% and increased e-invoicing by 26% by targeting suppliers who were already e-invoicing other companies.
With Community Intelligence, National Gallery Singapore better utilized its nonprofit resources by benchmarking itself against its nonprofit peers to more than double the percentage of invoices processed electronically.
With Community Intelligence, The Andersons consolidated suppliers of safety equipment to reach potential savings of up to 10%.
With Community Intelligence, NPL identified that they had 3X as many hand tools suppliers as their peers and kicked off an initiative to consolidate suppliers to save at least $80K.
With Community Intelligence, Concentrix identified $1.6M of employee expenses that could have been procured on contract via categories such as “professional subscriptions and fees".
For BMO, when there is an issue where a supplier doesn’t meet risk or performance standards, the Coupa platform enables swift removal of that supplier for further buying. This information feeds into the Community Intelligence on that supplier so that all other Coupa customers can benefit.
With Community Intelligence, this co-op identified that best-in-class peers had an on-catalog spend that was 28 times higher than theirs and obtained prescriptions from Coupa for specific items they could move to catalogs.
Information from the many creates insights for the one.
Leveraging anonymous and non-proprietary data from every member of the community will be the answer to the question of where we can find additional information to drive value in today’s increasingly competitive marketplace.
Now is the time for businesses to adopt Community Intelligence.
It will be the game-changer that enables businesses to operate with more efficiency and agility in the future.
There are green shoots of Community Intelligence all around us today.
Insights from communities are shaping our daily decisions every day, from where to go, how to get there, what to eat, and what to buy.
Get answers to your questions and discover how Community Intelligence powered by AI can help you and your company spend smarter.