Molson-Coors Distributing Subsidiary Will Improve Business Operational Efficiency with Versatile, User-Friendly Business Spend Management Solution
Coupa Software, a leader in business spend management (BSM), announced that Coors Distributing Company (CDC), a beverage distribution subsidiary of Molson-Coors, has selected Coupa to modernize its business through improved procurement and expense processes that will increase visibility into spend.
As one of the largest beer distributors in the Colorado area, CDC distributes to a wide range of consumer venues, including bars, restaurants, retail outlets, and more. Since 1971, CDC has grown to nearly 400 employees, expanding its beer portfolio to more than 30 breweries, hundreds of different brands, and thousands of SKUs in the dynamic Denvermarket. Prior to Coupa, invoice creation and expense reporting processes were limited due to offsite capabilities with its legacy on-premise procurement software. With Coupa’s user-friendly, cloud-based solution, its employees will now have access to robust built-in capabilities and features to meet the needs of procurement teams whether on- or offsite.
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“To continue operating as a small but mighty team, our business needed to upgrade processes and Coupa stepped up to the plate as a true partner in our BSM transformation,” said David Deard, IT manager at Coors Distributing Company.”With a focus on our needs and delivering value and a flexible platform, we knew Coupa was the right solution for our unique business requirements.”
With the help of the Coupa BSM Platform, CDC will see reduced cycle time of digital purchase orders, improved electronic invoice management, time-saving operational efficiency through greater ease of processes and organization-wide expense report compliance across business units.
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“CDC was ready to adopt a modern solution to simplify its internal processes and improve governance over business spend, and we are thrilled to support them on this transformation,” said Steve Winter, chief revenue officer at Coupa. “We look forward to helping them drive greater adoption and business spend visibility, and ultimately, delivering measurable business results together.”
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