Xoomworks implements Coupa at TD Direct Investing
About the Client
Xoomworks collaborated with TD Direct Investing, a UK subsidiary of Toronto-Dominion Bank, to implement Coupa’s spend management solution and transform its purchase-to-pay operation.
TD Direct Investing (TDDI) wanted to have better visibility and control of their spend as well as streamlined and automated processes so their procurement and finance teams could focus on more valuable activities. Much of the spend was uncategorised and there was no easy way of knowing what was being bought and by who.
TDDI selected Coupa’s spend mangement solution as it covered the full, end-to-end P2P process and uses a familiar, shopping cart user interface that is easily recognisable to users. Additionally, the Coupa Supplier Network (CSN) provides a free platform that allows suppliers to transact electronically without the need for complex integration.
As Coupa’s ‘go-to’ partner for procurement services, Xoomworks was selected to implement and integrate the solution for the bank. Xoomworks specialises in procurement transformation, and with 13 years procurement experience is Coupa’s European and Middle East partner. The environment was challenging as the bank was already undergoing significant commercial change.
“Coupa met TDDI’s core requirements for ease of use, flexibility and a full P2P solution capable of centralising all 3rd party spend.”
Download the client story to read about the significant benefits immediately achieved for the bank.