6 Coupa competitors for mid-market and enterprise finance teams
Coupa is a cloud-based business spend management platform that handles procurement, invoicing, expenses, and suppliers. It’s designed for enterprise and mid-market businesses that need to automate procurement workflows and monitor the entire procure-to-pay (P2P) process.
While Coupa is a popular expense management solution, there are Coupa competitors for businesses seeking a platform that focuses on procurement or that offers ERP integrations that don’t require major modifications. In this article, we’ll cover seven Coupa competitors to consider when evaluating P2P solutions.
1. Stampli
| Coupa | Stampli | |
| 8.6 | Product direction | 9.5 |
| 8.1 | Good partner | 9.6 |
| 7.6 | Quality of support | 9.5 |
| 7.7 | Ease of admin | 9.3 |
| 7.3 | Ease of setup | 9.3 |
| 8.3 | Ease of use | 9.3 |
| 8.1 | Meets requirements | 9.1 |
Stampli is a comprehensive P2P solution that seamlessly integrates with existing ERP systems. While traditional procurement platforms force organizations to adapt their processes, Stampli’s AI-powered automations enhance existing workflows while offering visibility and control over the entire purchasing lifecycle.
The platform supports every aspect of accounts payable (AP) and procurement, from purchase requisitions and approvals to supplier payments and spend analytics. Stampli also centralizes all communications, documents, and workflows in one unified platform — making it the most complete alternative to Coupa.
A leading P2P software provider, Stampli has received numerous awards:
- G2 List of Best Accounting and Finance Products for 2024
- Top Rated Accounts Payable Software by TrustRadius for 2024
- Best Accounts Payable Platform Integrations Award, 2024 Fintech Awards
Key features
- P2P and AP automation streamlines the complete procurement workflow from employee purchase requests through payments — including approval routing, spend visibility, and purchase order (PO) matching.
- AI-powered Billy learns your organization’s workflows to automatically extract data, code invoices, match suppliers, detect duplicates, and suggest general ledger (GL) codes and spend categories.
- Seamless integrations with 70+ ERP and accounting systems, syncs data without disrupting existing workflows and doesn’t require custom development.
- Advanced vendor management with onboarding, performance tracking, international payment capabilities across 150+ countries, and communications through a dedicated vendor portal.
- Budget management allows approvers to see how each purchase request impacts available funds and automatically enforces spending limits, preventing over-budget approvals.
- Dynamic approval workflows support both adaptive and predefined workflows that learn from your past approval patterns to automatically route invoices to the right people.
Advantages
Complete procurement suite
Unlike point solutions that require multiple vendors, Stampli provides everything businesses need to manage procurement in one platform. From intake and approval to payment and analytics, organizations can manage their entire P2P process without juggling multiple systems or vendors.
Greatest control and visibility
Stampli centralizes all procurement activities in one platform, providing finance teams with unequaled visibility and control over every transaction. The platform’s built-in ERP integrations mean organizations can continue using their existing tech stack while gaining powerful new capabilities.
AI-driven automation
Stampli’s AI capabilities go beyond basic automation to provide smart insights and recommendations. Billy learns from existing workflows to suggest approvers, categorize spend, and identify potential issues before they become problems.
Rapid implementation timeline
Known for its fast deployment, Stampli measures implementation in weeks rather than months. This advantage stems from Stampli’s pre-built ERP integrations, which mirror your existing system configuration and eliminate the need for custom development work.
Industry-leading customer satisfaction
Stampli’s G2 ratings consistently reflect top ratings for usability, quality of support, product direction, and business partnership. Customers say, “The few times we’ve had to reach out to support, we are chatting with a real person within one minute.”
Pricing
Stampli offers transparent monthly or annual pricing with unlimited users, vendors, and training. The pricing model is designed to scale with business growth. It doesn’t have hidden fees or per-transaction costs.
Bottom line
Stampli is a smart choice for organizations seeking a Coupa software alternative with powerful procurement capabilities and adaptable workflows. You get powerful AI that learns your processes and a system that connects seamlessly with the ERP you already use. Instead of fighting with complicated enterprise software that requires months of training and development, you have procurement software that makes P2P seem simple.
2. SAP Ariba
| Coupa | SAP Ariba | |
| 8.6 | Product direction | 8.3 |
| 8.1 | Good partner | 8.1 |
| 7.6 | Quality of support | 7.8 |
| 7.7 | Ease of admin | 7.9 |
| 7.3 | Ease of setup | 7.7 |
| 8.3 | Ease of use | 8.0 |
| 8.1 | Meets requirements | 8.3 |
SAP Ariba is one of the oldest enterprise procurement solutions, with a complete suite of procurement and supply chain tools. Because it operates within the SAP ecosystem, Ariba offers robust integrations with other SAP products and is compatible with many third-party ERP systems.
Key features
- The SAP Business Network provides access to millions of suppliers worldwide with electronic document exchange, supply chain visibility, and real-time catalog synchronization capabilities.
- Guided buying and catalog management tools support purchase requisition workflows, contract management, compliance monitoring, and comprehensive spend analysis reporting.
- Strategic sourcing tools support contract authoring and lifecycle management, supplier performance tracking, and risk assessment.
- Ariba includes invoice processing and compliance checks, but features like supplier financing and fraud detection are usually partner add-ons rather than core.
Advantages
Global supplier access
The SAP Business Network connects organizations with millions of suppliers worldwide, which simplifies vendor discovery and procurement.
Deep SAP integration
Organizations already using the SAP ecosystem benefit from streamlined data and a consistent user experience across business and finance operations.
Pricing
SAP Ariba has custom pricing based on modules and company size.
Bottom line
SAP Ariba is a solid Coupa Pay competitor for large enterprises, particularly those already invested in the SAP ecosystem. Its extensive supplier network and all-in-one offering make it suitable for global organizations with complex sourcing and supplier management needs. Keep in mind, integrations with non-SAP ERPs can be complex and time-consuming.
3. Oracle Procurement Cloud
| Coupa | Oracle Procurement Cloud | |
| 8.6 | Product direction | 8.0 |
| 8.1 | Good partner | 7.8 |
| 7.6 | Quality of support | 8.0 |
| 7.7 | Ease of admin | 7.5 |
| 7.3 | Ease of setup | 6.7 |
| 8.3 | Ease of use | 7.9 |
| 8.1 | Meets requirements | 8.7 |
Oracle Fusion Cloud Procurement bills itself as a source-to-settle platform. It offers strategic sourcing, supplier relationship management, and business operations automation. This enterprise solution operates within Oracle’s ERP ecosystem and integrates with other Oracle applications, making it a unified procurement platform.
Key features
- This source-to-settle suite manages the complete procurement lifecycle with purchase requisitions, procurement contracts, sourcing capabilities, and supplier management.
- AI-powered automation offers intelligent spend analysis, automated supplier discovery and qualification, smart catalog management, and predictive analytics for procurement decisions.
- Self-service supplier portals allow onboarding and management with performance monitoring, collaborative sourcing tools, and access to a global supplier network.
- Advanced analytics and reporting provide real-time spend visibility, custom dashboards, compliance reporting, and procurement performance tracking.
Advantages
Oracle ecosystem integration
Organizations that already use Oracle applications benefit from streamlined data and consistent workflows across all enterprise solutions.
Intelligent AI features
Oracle’s advanced AI capabilities provide smart insights and automation for the procurement process, allowing data-driven decision making.
Pricing
Oracle Procurement Cloud has custom pricing and is typically bundled with other Oracle Cloud applications.
Bottom line
Oracle Procurement Cloud is a good Coupa software competitor for large enterprises already using the Oracle ecosystem. With its advanced AI capabilities, sophisticated analytics, and seamless integrations, it’s a decent choice for businesses seeking smart automations and deep procurement insights. Yet integrations outside the Oracle ecosystem can prove challenging and lead to higher implementation and maintenance costs.
4. JAGGAER One
| Coupa | JAGGAER | |
| 8.6 | Product direction | 7.8 |
| 8.1 | Good partner | 9.0 |
| 7.6 | Quality of support | 8.8 |
| 7.7 | Ease of admin | N/A |
| 7.3 | Ease of setup | N/A |
| 8.3 | Ease of use | 8.0 |
| 8.1 | Meets requirements | 8.5 |
JAGGAER One is a procurement solution with source-to-pay capabilities tailored to mid-market and large organizations. The platform has extensive configuration options and industry-specific features, making it particularly effective for managing complex procurement scenarios.
Key features
- Sourcing management software supports advanced requests for X (RFx) processes, supplier discovery tools, and auction capabilities.
- Supplier management covers onboarding and qualification processes, risk monitoring, performance scorecards, KPI tracking, and supplier development tools.
- Contract lifecycle management with authoring capabilities, automated compliance monitoring, risk assessment, supplier performance tracking, and renewal management.
- Spend analytics offers reporting with data visualizations, custom dashboards, and regulatory compliance reporting.
Advantages
Source-to-pay solution
JAGGAER supports source-to-pay with advanced analytics and configurable workflows, while automation remains rules-based and highly customized.
Industry specializations
The platform offers industry-specific modules and functionality for sectors like healthcare, manufacturing, and public organizations.
Pricing
JAGGAER has custom pricing based on product modules and usage needs.
Bottom line
JAGGAER is a Coupa competitor that focuses on source-to-pay coverage. It’s a strong choice for organizations that need sophisticated procurement operations, supplier management, and tools to handle direct and indirect categories. But, extensive customization can lead to slower implementation timelines and longer time-to-value.
5. Ivalua
| Coupa | Ivalua | |
| 8.6 | Product direction | 9.3 |
| 8.1 | Good partner | 8.3 |
| 7.6 | Quality of support | 8.0 |
| 7.7 | Ease of admin | 7.9 |
| 7.3 | Ease of setup | 7.3 |
| 8.3 | Ease of use | 8.2 |
| 8.1 | Meets requirements | 8.3 |
Ivalua is a source-to-pay platform that emphasizes flexibility and configurability. It handles all procurement processes while adapting to complex workflows and allowing customization without extensive development work.
Key features
- Unified platform with configurable workflows that adapt to unique business processes without custom coding requirements.
- Complete procurement coverage includes sourcing with RFx management, contract authoring and compliance tracking, and automated invoice processing.
- Business intelligence provides real-time spend analytics with supplier performance tools, budget tracking, and compliance reporting.
- Global organizations can use multilingual user interfaces, local currency support, region-specific compliance capabilities, and international supplier management.
Advantages
Custom workflows
Ivalua lets procurement professionals build custom workflows, modify approval chains, and create new data fields without involving IT departments or waiting for development cycles.
Industry-ready setups
Ivalua has pre-configured procurement setups for specific industries (like manufacturing or healthcare) that organizations can implement and modify to match their unique processes.
Pricing
Ivalua has custom pricing based on number of users, product modules, and implementation services.
Bottom line
Ivalua can adapt to a wide range of procurement processes or organizational structures without custom development. The platform’s source-to-pay functionality and no-code approach gives organizations the tools to create a tailored procurement solution. However, this flexibility can introduce extra costs and steep learning curves.
6. Procurify
| Coupa | Procurify | |
| 8.6 | Product direction | 9.6 |
| 8.1 | Good partner | 9.2 |
| 7.6 | Quality of support | 9.2 |
| 7.7 | Ease of admin | 8.9 |
| 7.3 | Ease of setup | 8.9 |
| 8.3 | Ease of use | 9.2 |
| 8.1 | Meets requirements | 9.1 |
Procurify is a procurement platform tailored to small businesses and mid-market organizations that need more control over their purchasing activities. It prioritizes user-friendliness, and is particularly appealing to growing businesses that are transitioning from spreadsheets to more formal or automated procurement processes.
Key features
- Purchase-to-pay automation includes guided requisition workflows, approval routing, purchase order creation, and receipt confirmations.
- Vendor self-service portals for catalog management, order acknowledgments, invoice submissions, payment status tracking, and automated communications.
- Financial controls include department-based budget allocations, spending threshold alerts, policy compliance monitoring, and detailed audit trails for procurement activities.
- Mobile capabilities enable purchase approvals, expense submissions, budget monitoring, and vendor communications through native iOS and Android applications.
Advantages
Unified purchase-to-pay
Procurify combines procurement requests, purchase orders, invoice processing, and payment tracking in one system, which eliminates the vendor management that many point solutions require.
SMB-specific setup
Built specifically for resource-constrained small businesses, Procurify provides essential procurement controls and spend visibility without enterprise-level complexity.
Pricing
Procurify has custom pricing based on organization size, features, and support needs.
Bottom line
Procurify is a solid procurement solution for small to mid-market companies that need to implement formal purchasing controls and gain spend visibility. It’s a good Coupa alternative for organizations that prioritize ease of use and comprehensive spend management without requiring enterprise-level complexity. Yet as organizations scale, they may outgrow Procurify quickly.
Do you need an alternative to Coupa?
While Coupa offers a comprehensive spend management platform, several factors might lead organizations to consider alternatives and competitors.
These top Coupa competitors and alternatives offer various approaches to procurement and purchase-to-pay automation, each with unique strengths and capabilities:
- Stampli provides the most comprehensive P2P solution with seamless ERP integration and AI-powered automation.
- SAP Ariba offers enterprise-scale capabilities with access to the world’s largest supplier network.
- Oracle Fusion Procurement Cloud has unified ERP integration with advanced AI and analytics
- JAGGAER provides mid-market capabilities with extensive customization for complex P2P requirements.
- Ivalua offers a flexible approach to procurement for organizations with non-standard processes.
- Procurify has user-friendly spend management for small to mid-market companies.
Coupa competitor pricing considerations
When evaluating competitors to Coupa, you’ll find that pricing models vary significantly across providers. Most enterprise and mid-market P2P platforms don’t publish standard pricing.
Instead, they offer custom quotes based on:
- Number of users and transaction volumes
- Required modules and functionality
- Customization and configuration requirements
- Integration complexity and scope
- Support level and service requirements
As you compare Coupa to other procurement solutions, ask detailed questions about:
- How pricing is calculated (per user, per transaction, or flat fee)
- Contract length requirements and renewal terms
- Ongoing support and maintenance expenses
- Additional costs for integrations, customizations, or add-on modules
- Training and change management support
Stampli: The complete procure-to-pay solution
The real cost of a procurement solution goes beyond the price of the software alone. It’s also important to consider the hidden expenses of manual workarounds and adapting existing processes to new systems. While many Coupa competitors and alternatives force you to rebuild workflows or accept operational headaches, Stampli is a unified platform that prioritizes your time and efficiency.
Stampli brings all aspects of procurement and accounts payable automation together, connecting every dot. You can say goodbye to workarounds, spreadsheets, and manual ERP connections. Stampli offers an efficient AI-powered solution for procurement automation, focusing on enhancing existing processes without changing workflows.
With Stampli, Purple transformed its disorganized P2P operations. After implementing Stampli, Purple achieved 63% faster invoice approvals, reduced processing time from eight days to three, and regained approximately three full-time equivalent days per week for value-added projects.
Stampli’s versatile P2P suite and compatibility with over 70 ERPs allows for rapid deployment, helping companies like Purple eliminate invoice backlogs while ensuring 100% proper documentation for regulatory compliance.
Ready to see how Stampli can transform your procurement workflow? Contact us today for a free demo.
