![]() Read our editorial mission (Opens in a new window) & see how we test (Opens in a new window).Ĭoupa refocused what once was Contractually from a basic cloud service into a targeted contract management solution melded with a company's buying, selling, and transaction processing. Since 1982, PCMag has tested and rated thousands of products to help you make better buying decisions. However, none of the other contract management platforms we tested offer the unified business value and commerce-driven analytics to fully integrate the contract lifecycle into the supply chain. Nor is it as powerful a contract negotiation and collaboration tool as Onit Contract Management, though its similiar to Onit in being part of a larger application framework. But it's also made contract management just one component of this much larger enterprise application framework.Īll of that combines to make Coupa Contract Lifecycle Management not as customizable for as wide a range of use cases as Editors' Choice winners Agiloft or Updraft. While Coupa has introduced advanced functionality into the spend management workflow process, including workflow routing and automated triggers, redlining and change review, and a broader operationalization of contracts in the system. That's because Coupa is a specialized platform aimed specifically at those focusing on enterprise spend management and procurement. However, this is a highly functional product if you happen to be its intended audience. If you're looking for a contract management platform that whole heartedly adopts the software-as-a-service (SaaS) model, then Coupa Contract Lifecycle Management isn't quite what you're looking for. Expensive solution not geared toward small business use. ![]()
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