CoreTrust, a leading Group Purchasing Organization (GPO) trusted by over 3,700 businesses, has announced an expansion of its strategic partnership with Coupa, the leading AI platform for total spend management.
According to certain reports, the stated expansion is geared towards scaling the prowess of Coupa Advantage with CoreTrust’s supplier contracts. More on the same would reveal how Coupa’s full AI-native total spend management platform and advanced analytics capabilities will integrate into the CoreTrust ecosystem to offer an end-to-end procurement solution suitable for today’s resource-constrained, digitally driven environment.
Taking a deeper view of what all this partnership will unlock moving forward, we begin from the prospect of deploying Coupa’s unified total spend management platform to streamline and manage all spend, both direct and indirect.
Next up, CoreTrust members will be able to leverage Coupa’s AI and advanced analytics engine, achieving deeper insights into spending behavior and identify opportunities for cost reduction.
Another detail worth a mention is rooted in the commitment to combine best-in-class Total Spend Management technology with CoreTrust’s extensive supplier contracts for faster and smarter purchasing.
“We’re seeing an urgent need among CoreTrust members to modernize procurement without overcomplicating it,” said James Hallock, Interim CEO of CoreTrust. “By bringing Coupa’s full platform and analytics capabilities directly into our offering, we’re creating a one-stop shop for smarter procurement—where our members can analyze spend, automate workflows, and unlock savings.”
Markedly enough, Coupa-CoreTrust partnership will effectively stretch across three separate phases.
During the first phase, CoreTrust will expand the Coupa Advantage Program by doubling the number of pre-vetted suppliers available to Coupa customers, thus scaling up the value of negotiated contracts and accelerating savings.
The second phase, on the other hand, would make it possible for CoreTrust members to purchase pre-negotiated packages of Coupa’s AI-native total spend management platform at exclusive, discounted pricing. These packages, in case you weren’t aware, are specifically designed for CoreTrust members and cover the full design-to-pay (D2P) lifecycle so to help organizations deploy automation, improve compliance, and realize faster ROI without lengthy RFP processes.
The third and final phase is likely to involve Coupa’s analytics capabilities getting embedded into the CoreTrust experience at no further cost for members. The idea here is to empower these members in the context of classifying spend data, uncovering gaps, and proactively identifying areas where contract and platform optimization can drive further savings.
Now, when leveraging the stated elements together, CoreTrust can now support members across the full procurement lifecycle, right from data-driven strategy development to execution and optimization.
“This is a game-changer for procurement teams that want more control, more insight, and more results—without adding more complexity,” said Greg Harbor, Chief Partner Officer at Coupa. “By combining our AI-native total spend management platform and robust analytics with CoreTrust’s trusted contract portfolio, we’re empowering customers to unlock significant efficiencies, make data-driven decisions, and maximize the impact of every dollar spent.”
Among other things, it ought to be acknowledged that this new end-to-end offering is particularly well-suited for upper mid-market and private equity-backed companies looking to optimize spend, reduce over hiring, and accelerate their digital transformation without the time and cost of complex RFPs.
Founded in 2006, CoreTrust’s rise up the ranks stems from offering 125+ pre-negotiated supplier contracts across different spend categories including corporate services, facilities, supply chain and logistics, human resources, pharmacy benefit management, technology, and travel. The company’s excellence in what it does can also be understood once you consider it is currently trusted by more than 3,700 businesses and public sector agencies.
Turning our attention towards Coupa, it makes a case for itself by bringing out a network of 10M+ buyers and suppliers, along with leading apps.
“We’ve always helped our members find the right supplier relationships,” said Hallock. “And with Coupa’s analytics engine now integrated behind the scenes, we can proactively identify inefficiencies, make smarter recommendations, and guide members toward a full procurement transformation—faster than ever before.”
