DBS Bank is automating its business spend management using Coupa Software’s cloud-based platform. The new platform will replace the bank’s current procurement systems and will be rolled out globally to more than 22,000 employees in more than 280 branches across 18 markets. According to a spokesperson of the bank, Coupa will enable the bank to digitize spend processes and reap group-wide benefits through increased profitability, cash flow control, risk reduction, and global spend visibility. The implementation will be led by KPMG in Singapore and will initially be deployed to users across Singapore, China, Hong Kong, Taiwan, Indonesia and India. The platform will be easily integrated with the bank’s multiple ERP systems, including Oracle PeopleSoft.
