Name: Transform Your S2P Journey: Coupa R46 Release Webinar (AMER/EMEA)
Uploaded: 2026-09-02T17:34:27.314Z
Duration: 1 h
Description: Transform Your S2P Journey: Coupa R46 Release Webinar (AMER/EMEA)

Transcript for "Transform Your S2P Journey: Coupa R46 Release Webinar (AMER/EMEA)": Hello, everyone. Good morning. Good day for those of us joining us around the globe. Thank you so much for joining us on this webinar, our, Coupa September release of, our released, four forty six or r 46 as we refer to. This is one of our biggest releases to date with over 250 features and some exciting new product innovations that we are happy to share with you. So please note before we start the webinar, a couple of housekeeping items. This webinar is being recorded, so we will share out the recording in the next twenty four to forty eight hours. The slide deck that we shared today will also be sent out accordingly, so you don't need to take screenshots of this. But throughout the webinar, as we go through this content, if you have any questions, feel free to put them on chat on the q and a, tab. We don't have to wait till the end. We have a team of product managers and product marketing managers in the backstage ready to answer these questions for you in real time. And, please note that we are going to be covering a big, chunk of our top key, tier one features and, enhancements in this webinar. But there's a lot more, that this release offers, and you can read through all of those features online on docs.coopa.com, the Cooper docs portal, as well as on Coopa Compass, that you're used to. So with that, my name is Vijay Doreswamy. I lead a part of our product marketing team here at Coopa. And today, I'm joined by my colleagues, Trishala Jain and Rahul Apte. Also joining us, for towards the end of this webinar will be Nadi Viswanathan, another colleague, so to cover all of these features. And as you know, very well, Cooper does three leases, major releases a year. And so to give you a preview into what's coming over the next twelve months, we have, the September release that we are gonna talk about today. There's one coming up in January, and then the next one will be in May. And as you know, Cooper's process of how do we collect these inputs into what shapes into our road map is shaped by a number of factors from our conversations with customers, analysts, and partners to our customer advisory board. But at the same time, we're also continually looking at the market and what's changing, etcetera in the market. Plus, we put our innovation hat on with AI offering some exciting innovations rapidly, with it changes by the day. We make sure that we're also, ensuring that you get the latest AI agent take features into your Source two Pay portfolio. So your investment is future proof. And today, and for r forty six, I wanna make sure that we talk. As I said, there's over 250 features, that we've launched, but these range from user improvements, user experience improvements, to mobile app enhancements, to critical features and functionalities that we've heard from our customers and partners that are needed, across the Source To Pay portfolio, starting from intake and orchestration to category strategy, sourcing contracts, procurement, and invoice and payments. We're also excited to launch a new product, called the Coupa Spend Pulse, which is being, as I mentioned, we've talked about analytics. Sorry about the slides that are moving here rapidly. But we as you know, Coupa has always had analytics and reporting as part of its portfolio, but we are elevating that with SpendBalls by aggregating signals from third party sources, scoop and their community benchmarks and your transactional spend data. So there's an increased level of intelligence that's coming your way through SpendPulse. So we'll talk about all of these shortly. Now just so you know, when we develop these features, we always have one of four outcomes that we wanna drive for our customers. The key among them being making sure that there's intelligence and insights, particularly Cooper community insights driven through our 10,000,000,000,000, dollars in community data spend that is being infused at every stage. And not only are we looking at functional critical functions like sourcing and procurement, supply management, etcetera, but any feature enhancement we develop, we make sure it's connected across the portfolio. Being a source to pay or a strategy to pay platform provider, we make sure that it's connected across. And more importantly, we also make sure that we keep user experience at the center of all of this. So there's effortless usage and frictionless user experience that is being driven for all of the users. And not only do we look at it from a biocentric perspective, we make sure there's the supplier lens that's on and making sure that it's also easy to use, and all of the supplier collaboration is taking place through our network. So that is this one of these four key outcomes you're going to see at every slide, as we present here, and every feature is driving to one of these four key outcomes. With that, I'll turn it over to Trishala to talk about our latest new product, Coupa SpinPulse. Hey, everyone. Good day. I'm so excited to introduce Coupa Spendfuls, our AI powered analytics offerings. This is in fact our signature innovation for, this release. So before we dive into what Coupa spend policies, let's think about a scenario. How much time gets spent today by you and your team pulling together spend data from one system, market pricing from another, and benchmark data from a third just to answer one question. SpendPulse powered by our Navi agent does that stitching for you automatically and pairs it with clear reasoning and provides recommended action. What Koopal Spin Puls does is aggregates your real time signals from third party market sources, internal spend data, and community benchmark to deliver AI enabled foresight, insights, and autonomous actions with explanation enabling you to stay ahead of disruptions. In fact, it helps you reduce risk and protect operating margin. SpendPulse has three capabilities, autonomous intelligence that catches trouble early than you you can predict, a supplier risk profile starting to slip, a shipping a shipment that likely to miss its date and surfaces its signals before it turns into real problem. Second, we have Embedded Analytics that delivers insights right where you're already working. There's no jumping to separate report or apps and tools. And then third, we have opportunity analytics agents. Doing the week of digging an analyst would normally do for you, and it helps in turning complex corporate spend patterns into immediately actionable savings and opportunities. In addition to all of these capabilities, as you all know, we have advanced analytics, which includes analytics agent, configurable dashboard, and customizable access, and also the data egress. This is mainly for the Snow instance customers. All of this put together is what we offer you as Koopa Spinballs. With these three capabilities, it delivers value. The three values are unified visibility, proactive insights, and autonomous action. When it comes to unified visibility, it provides you one common view of your spend data, your market sources, and community benchmark instead of stitching data across multiple systems that you're doing right now, which helps you to save a lot of time and effort. In terms of proactive insights, you warned before disruption hits and you can just ask Navi a question in plain language and you get a chart back instantly. No analyst is required. In terms of autonomous action, the agent doesn't just flag it, it can kick off the sourcing event, the category strategy update, or even the supplier outreach itself. Always with data sources and confidence level with explainable AI that you can trust. In short, instead of hunting for data, then reacting to a problem, you're warned early and your fix is already underway with full visibility into why something is happening. Now let's take a quick look at PenPulse demo and see it in action. Isn't that cool? Okay. So with that, I just wanna give you an example of one of our customers who is already seeing a lot of value from Spinpulse. A leading European travel and tourism company, which is about 2,400,000,000 in revenue, adopted SpendPulse specifically for signals and they're already seeing ROI from their first two use cases, which is supply risk and inventory ASM. For businesses like theirs, visibility isn't optional. They're tracking late deliverables on critical POs, supply shortages from strategic suppliers, overdue invoices that risk fines, of catalog spend creeping up, price variance against contract, supplier risk events all at once. You know, that's six different signals across six different parts of business. And instead of six people watching six things manually, SpendPulse watches all of it continuously and surfaces what actually needs attention. It's not hypothetical, already happening. So that's SpendPulse. With that, let's move on to our next signature innovation, which is Autonomous Sourcing. Let me take a minute to talk about the problems you and sourcing managers face today. You're actually spending a lot of time and manual effort on hunting for the right template, retyping the request from email into form or chasing suppliers for events instead of focusing on strategic work that actually moves your business forward. That's the problem Autonomous Sourcing is built to solve. The moment a request comes in, whether it's a requisition, an email, or an expiring contract that needs to be resourced, it converts directly into a ready to run event. No template hunting required, no manual entry, instead, ready to run event creation. Once the system has what it needs, it doesn't sit in a queue waiting for you to move it forward. It carries the process from evaluation straight through to the execution. What we are seeing is close to 18% cycle time reduction from intake all the way to abort. That's not a modest improvement that we have seen. That's a difference between sourcing event taking weeks versus days. The last point, this is one I we we normally get asked is, usually, the first question in the room is, you know, government automation. Yes. It it has government automation. Every decision that makes is policy governed. It is auditable and it's it's that is something which you can totally trust. And of course, it is reversible too. You can always step in and take corrective actions for for things to happen. You're not handing over control. You're just not spending your day enforcing, it it manually, event by event. Putting those three together and what you get is sourcing team that spend its time on sourcing and not manual work. So let's see how, you know, what we call is, what we call this is low touch autonomous sourcing. Let's see how it works. This is a total seven step approach, but only the very first one requires sourcing team to submit the request and the rest until award and fulfillment is autonomously managed by our agents. Let's look at the first step, which where user submits a request via email, a purchase request, a contract, or an SOW in PDF or natural language prompt. As soon as, the the the request is entered, the agent kicks in and helps in extraction and insight. As a third step, it you can see that, agent kicks in again and a Coupa it checks for Coupa catalog for existing matching items and our bundles. In the next step, you can see that if the catalog has no match, the agent checks active enterprise contracts for negotiated rates. In the next step, the agent evaluates your organization's policies and spend limits to determine how the event should run, whether it should autonomously run or conversationally, and which engine it handles, whether it's core or see itself. In the step six, where event creation is happening, the agent triggers the sourcing event creation, which invites suppliers and runs competitive bidding. In the last step, you can see that the event is a verdict. The system pushes a notification to the user and automatically creates either a PO or updates the purchase requisition or drafts a contract. That's the full seven step journey from flexible requests at the front door all the way through to an avoid event and automatic fulfillment. With that, let's move on to some of the new capabilities that we are bringing to life with contract lifecycle management. This is going to help, you to gain a lot of value and you can, you can see a lot of improvements that we are bringing in in terms of obligations management and, the negotiation guidance and deviation evaluation. So let's first talk about obligation management. So before you even begin there, let's understand that every contract has commitments buried inside it. Be it SLA, rebates, renewal notices, pricing terms. The problem is once the contract they sign these commitments live in a document. Nobody is actively watching it and reviewing it. So they get missed. A rebate goes unclaimed, an SLA breach goes unnoticed. A renewal window closes before anyone even realizes that it was coming. With contract obligation management, we are able to help track every obligation. It gets it actually surfaces. Every obligation helps in extracting the obligation and tracking it natively right alongside the contract itself, not in a separate spreadsheet that someone has to remember to check. It becomes visible, it becomes assignable. Three things it's helping you. One, native obligation tracking, so nothing leaves outside the contract record. It helps in zero value leakage because SLAs and rebates, tracked across your entire contract network. Not just the ones, someone happens to remember. And it's actionable from day one. Every obligation is assigned to owners and becomes a task with notification, including supplier facing ones through the Cooper supplier portal and email. The bottom line is once you negotiate it doesn't just get signed, but it gets honored with obligation tracking and management. Next up, we have contract deviation evaluation. So if you are a contract or a contract manager, think about this. If someone asked you today, how compliant is your contract base? Could you really answer that more? Answer that most actually count. You know some contracts probably drift from the playbook. You just don't know which ones are how by how much they drift. That's what this feature gives you, a clear score for how compliant each contract is so risk doesn't stay hidden. Here is what it means for you. It'll help you to see your whole portfolio at once, so it's a complete portfolio by visibility is what you get. And, you also are able to evaluate the contract at any stage, even during mid negotiation, so you can fix things before signing or after to catch the drift. Every contract gets a score and if it is outdated, it tells you basically. So instead of risk hiding somewhere in your contract base and surprising you later, it it's it's gonna help you to find it right there in front of you with a number attached so you can actually go do something about it. So that's contract deviation evaluation capability for you. Next up, we have contract negotiation guidance. So think about the moment before you even sign anything. As a negotiator, how do you actually know the terms in front of you are good terms and you're good to go? And not just terms, you're settling for. Most of the time, you're going in blind, relying on memory or the gut feel from the previous negotiations you have done. So negotiation guidance actually fixes that. While you are negotiating, it benchmarks the contract in front of you against your own historical deals and preferred standards in real time right inside your workflow. So instead of guessing, you're negotiating the data. Here is what it means for you. It helps you in faster negotiations. You instantly see where terms deviate from your historical benchmarks and no manual digging is absolutely required. It enables with reduced risk and also more consistency. Everything gets checked against your approved ranges and preferred vendor profiles automatically. It gets smarter over time. Every negotiation you run actually builds a knowledge base so your guidance gets sharper and more specific down to the casual level, deal after dealing. So bottom line, you walk into every negotiation already with confidence based on your own data and not guesswork. With that, let's take a quick poll. We would like to know where you are on your AI agent adoption journey. We are gonna give you twenty seconds to answer these four poll questions. So the questions are you just have to pick the right option that's applicable for you. You're already using Cooper's Navi agents in production. That's option one. And you're currently testing or running the pilot for Coupa agents. You're already using agents to build outside of Coupa. And the last one being AI agents are on your road map for near term. I hope you all have taken the poll. With that, I'm handing it off to Rahul to walk us through the supplier information and risk management capabilities that introducing as part of r forty six. Rahul, over to you. There. Yep. Thanks. Thanks, Trishala. And good morning, everyone. We already joined in, for the session today. And it's not just about educating you on r 46, but we also expect to learn from you. And that's why we have all these polls during the sessions. So there are a few more polls coming up after this as well. Yeah. So let's start with supplier information and risk management. So with the release of r 46, we have introduced several innovations across supplier information and risk management, which will help you optimize supplier onboarding and streamline risk, insights. And amongst these, we will talk about three standout features today that drive AI efficiency, which will translate to easier access to supply data as well as risk data. So first up, Navi guided supplier onboarding is now generally available. So with version r 45, we introduced a discovery agent for finding suppliers for your needs. With r 46 version, we have enhanced it to not only onboard suppliers from discovery results, but also from your own supplier information via Navi. So today, onboarding a supplier means jumping between systems, like searching for the right supplier, checking for duplicates, filling out forms. So it's typically very slow, and it's a big reason why supplier master data ends up being messy. So with this feature, you simply tell Navi who you need to onboard. It just needs basic supply details like commodity, region, some contact information, and so on, and then it creates a prepopulated form for you. And it's an autonomous AI agent that handles the entire process end to end through natural language. So right from discovery, duplicate checks, sanction checks, form prefills, and status tracking, all within a single conversation. So that is why we call this an onboard anywhere experience. And what does this mean for you? It's faster time to transact because the manual effort of discovery and form filling just goes away. And you have a cleaner supplier master data because automated duplicate checking stops bad data before it enters into your system. And no more screen switching because everything happens in one conversation with Navi. Next up, for the risk teams. So we have the AI summary of every completed risk evaluation. So risk teams today spend a lot of time manually synthesizing evaluation results before they can actually bring a decision to approvers. So every supplier manager knows the pressure of preparing for a critical supplier meeting, be it negotiation or quarterly reviews. So you're scrambling to pull information from different systems, trying to find the latest spend data, the current contract status, the recent performance matrices. It's a process that wastes valuable time and leaves you walking into important conversations without the full picture. So that's why we are so excited to introduce the AI summary for supplier intelligence. So think of this feature as your automated briefing document. It intelligently consolidates all of your key supplier data, profile information, spend history, contract details, and performance matrices, and presents it in a single structured summary. So this feature includes a new page with sections for evaluation summary, critical risk drivers, priority findings, action plans, and policy references as well. So the result is that your team will always have a complete holistic picture of every supplier relationship right at their fingertips. And this means they can walk into any negotiation or any kind of a review with con full confidence, and they're prepared to make faster, more informed decisions that strengthens the relationship and drives better business outcomes. So it's about replacing last minute preparations with instant intelligence. That's what we are aiming for here. And, the next up is a feature that makes life easier while tracking supplier onboarding. So imagine if an onboarding gets stuck somewhere, say an approval is sitting untouched or an invite is bounced off. You often don't find out until someone go chasing it down across multiple systems. So this feature gives you a visual view of the entire onboarding journey, and it will instantly flag those bottlenecks as they happen. That means faster setup times since you are not waiting to discover a stuck up, less multisystem chasing since status is visible in one place, and a fully auditable bulletproof compliance trail throughout the journey, which matters a lot when you need to show exactly what happened and when it happened. And please make a note here that, in r forty six, you will see the visualization of onboarding workflows and the Cooper risk assess findings, like, CRA findings within the onboarding workflows will show up there in the next release. That is in r forty seven. Okay. So moving on from supplier information and risk management to core procurement. So with this release, we have several enhancements to the product. And today, we will talk about two key capabilities focused on making everyday buying faster and easier to manage, right from finding the right items to making smarter per se purchasing decisions. So let's dive in. Okay. So this is a feature which is going EAP in October this year. So, well, item model has always existed. With this release, we are bringing the unified item repository. So we understand that when organizations run multiple ERPs, buyers usually struggle with fragmented data, conflicting item data, and wasted time just searching for materials. So this data chaos slows down procurement and kills platform adoption, especially too for direct expense. So by consolidating those multi ERP data into a single unified Cooper repository, we eliminate that friction entirely, and users get a simple single search experience to locate the exact MRO and direct material items they need right away. Not just this, we have also improved on performance, scalability, and tracking. So now you get item versioning. You get flex fields, and you may extend number of items beyond 5,000,000. The item search is also faster, and catalog update validations have also improved. And all this together makes the purchasing effortless for buyers, drives platform adoption, and ensures that there is a clean accurate data that flows directly into your downstream workflows. Now let's look at how we are innovating the guided buying process. So for those of you who have already used the request creation agent, great. You already know where to find it. For those who still haven't, you may start using the request creation agent by selecting the start of purchase request option via Navi. The agent directs you to the best purchasing channel, ensuring compliance and efficiency from their very first request. So the agent asks clarifying questions that helps narrow down the exact item and the region and zeroes down on an appropriate buying policy. So the agent provides channel options to create user requests. Basically, it uses search signals and your specific buying policies to automatically surface the absolute best purchasing path for you. So you have seen that in r forty five, we introduced easy form and free form as the suggested buying channels along with buying policy recommendations. But with this latest r 46 release, we are closing the loop by adding hosted catalog item suggestions and punch out site suggestions. So now the agent is capable of suggesting all the buying channels to the users. And for the requesters and for IT operation teams, this means we can create request faster, boost compliance, and also cut down on mavericks spend because all scaling effortlessly without any zero I mean, there is zero manual configuration or admin overhead. So it's intelligent buying, completely automated. Now with that, let's move on to services procurement side. So our next feature involves managing master rate cards. One challenge many organizations face when buying services is managing service and labor rates across different suppliers, roles, and locations. So category managers often set target and max rates per job role, but there is no centralized way to maintain and enforce those rates across requests and sourcing events. So as a result, many organizations end up managing rate cards in spreadsheets, which makes them difficult to apply, which in turns can lead to overpayment for contingent workers. To address this, we are introducing a master rate card capability within Coupa Services Procurement, which provides you with the ability to define target and max rates on the job role. So during request creation or sourcing, Coupa can surface these target rates and either block or flag outliers when submitted rates fall outside defined thresholds. And in addition to that, category managers will be able to define specific multipliers for premium rates, like overtime or double time. And these rates can then be selected by the worker or the supplier when filling out the time sheet, giving all users the required visibility to ensure that the correct rates and prices are being used. So the goal is to give category managers greater visibility and control over rates and helping organizations to ensure negotiated pricing is applied consistently while also ensuring faster approvals and greater savings. Next, we have extending rate line support to sourcing events. So today, services procurement supports rates on contracts, requests, orders, and service sheets, but there is a gap here. Customers can't source and compare rates within sourcing events, and this is something our customers have been asking us to address. So by bringing rates into sourcing, we are giving buyers the ability to define and negotiate rates upfront well before order creation. And imagine locking in clear, tailored pricing during the RFP stage. Suppliers know exactly what's expected, and buyers gain cost predictability from day one. And for procurement teams, this means that the rates no longer need to be manually entered on a request, and instead, they will simply flow down from either the sourcing event or more likely a contract that was created from the sourcing event. And this results in fewer pricing disputes, smoother handoffs into procurement, and a faster, more transparent source to pay process. So this was about services procurement innovations. I'll take a small pause here, and it's time for another poll question. So it's about the Coupa mobile app and how you use it within your organization. So head to the poll section, and I will give you a minute or so to lock in your answers while I call on Vijay or she's already here. Yeah. So talk about more innovations in in invoicing and payments. So the poll we are running is what is your current usage of Coupa mobile app in your organization? The options are yes. It's part of our regular workflow sporadically used across the org. Nope. We only need the desktop or web version. And the fourth option is didn't know there was a mobile app. So please go ahead and lock in your poll answers. Perfect. Okay. Thank you, We. have got all the responses. Thanks, everyone, and, over to you, VG. Thank you. Thank you. We certainly have a mobile app for those of you that didn't know, and we continue to enhance it. And there's many different functionalities such as approvals, off catalog purchasing, expense management, etcetera, that you can run through the mobile app. So we highly recommend if you're, haven't downloaded it yet to, make sure you're using it. Now continuing on with features for invoicing and payments, as you know, in the last few releases that we continue to improve and enhance these, particularly with the addition of new agents. And so we continue we that journey continues with r 46 with the addition of few more agents. The goal here is obviously to make sure that our AP operations, which is where a lot of our manual tasks are occurring to make them more smarter and faster. And so we start this in this cycle, we introduce the payment insights agent, the pay payment analysis agent that allows you to ask your AP teams to ask a question and get answers immediately on whether it's suppliers, payment accounts related, or any spend related question, which means they don't have to log in a ticket or pull a report. And in practice, we've seen the saving up to two hours for each query. So it immediately looks through all of your data and produces the answer that you're looking for. So highly recommend for its efficiency here. In the last cycle, we did introduce the payment batch approval or batch creation agent. In this cycle, we are happy to announce the payment batch approval agent, which means we spend a lot we realized that our AP professionals are spending time in going through each of these batches manually and looking for anomalies. Now this agent does that work for you, and it already validates a lot all of these, payments and make sure that that's been there's an anomaly that it flags to you. So you're focusing more on fixing or finding and how do you manage that exceptions instead of going through it, each payment by payment record. And then thirdly, we are also happy to announce the invoice validation, attachment, and contract validation agent. Every time an invoice is uploaded, this automatically looks through the attachment and make sure it validates it with the contract, the attached contract. And if there is a discrepancy between these two, it flags it for you automatically. So then you can look through and see where there's a discrepancy and whether that invoice, should be approved or it should go back, to the supplier. Now not only in making sure that we are making, the processes more efficient and faster, we also continue towards making our payments more secure and thus fraud detection, that is enhanced and strengthened at every stage. So there is a new payment account verification agent. So anytime a supplier is, like, uploading a bank document or a supporting document for a payment account, this agent will validate it, will authenticate, that document. And if there's any discrepancies that's coming from an unknown region, etcetera, it will flag it automatically for you so that we are stopping that right before the payment accounts are updated and used. So this is highly needed in this age of, increasing payment frauds that we are seeing coming through. And not only that, there's a multilayer fraud defense, feature that we are adding that means that this is this is where the community the power of community intelligence comes through, where we are able to share fraud alerts across the community and this real time intelligence. So anytime there is a fraud occurring, that it's alerted to the user and it's you're probably catching that before you make that payment or you before you approve a certain payment, and risky account changes, any new account changes that are coming through, etcetera, that you're going to be catching that. Now this is a high level overview of some of these new features. When we send out the deck, you will see that we are adding more details. You will be able to see screenshots of what that looks like and get more detail about each of these agents. And not only that, we are also starting to invest more and more and strengthen our buyer supplier communication and collaboration here. So we noticed that often when there's payment account record issues, there is you have to take that conversation outside of the supplier portal and go back and have even to have back and forth email communication, and then come back and then resolve that situation and update the record back in the supplier portal. So now with this feature prevents that, you're able to collaborate in real time through the supplier portal next alongside the payment account records if there are any discrepancies that you'd like to resolve with the supplier and making sure the accounts are updated, instead of taking that outside and avoiding some email back and forth communication. Find a supplier financing. We are also adding, as you know, we already have an automatic connection with Fundbox. So with this new feature, we're able to give suppliers the control over the liquidity and their payment terms. They're able to explore, the supplier financing options that's available to them. And, that way, they are they can make sure that they get paid early. But while the buyers can continue to optimize your DPO and preserve the cash flow. So this is again through the automatic collaboration that we have with Fundbox. So that is about the invoicing and payments, features that we continue to add. Now moving on to some of our AI enhancements, and we are very happy and excited to announce the availability of MCP capability through Coupa. Now for those of you who've been with us on this AI journey, you noticed that in the last eighteen months, Coupa has continued to evolve our AI strategy and our AI capabilities. What started, sometime back with our AI Navi agents that we continue to release and they continue to add to the agent portfolio, back in May, we also launched Coupa Compose, which not only brought in intake and orchestration capabilities, to the customers, but also provided the launch saw the launch of agents studio. That means you're able to build your own agents depending on your business needs. We recognize that not all customers want to use the agents that just we provide, but you are also wanting to build your own agents on the Coupa platform. So that is available already through the agent studio. We further recognize that there are agents that are being built outside of the Coupa platform, be it through cloud, be it through OpenAI, etcetera. And those need to reference and, like, connect to the Coupa platform. Now with the availability through MCP and what we call as Navi Connect, Now many of you may be aware that when we, shortly after r forty six, we had r 45. We had announced the acquisition of Tonkin. So through Tonkin, there's already 300 prebuilt connectors that's available. But more importantly, through MCP, which those of you who've been following the agentic space know that this is an open, secure standard that's used across, all of the software companies. And so now Coupa is happy to announce that whether this connector will be available through whether you're connecting through cloud, through OpenAI, etcetera, any agents that you build outside, you're able to now connect to the Coupa's business and management platform in a secure way. Now this, again, future proofs your AI investments for any new elements that are being added. This acts as a single universal adapter that will help you connect quickly, avoid some manual integrations. And not only that, MCP also provides the ability that you're able to stage your agent take actions and allow it to be validated by a human before that agent is executed. So that gives you more control over what agent take connections and flows that you're building. And more importantly, as you know, Koopa's this through MCP, we're able to extend Koopa's robust role based security and permissions through all of these new agent take actions. We are also providing the ability to trace each of the actions that it maintains. MCP provides the division history and clear auditability for every agentic action that's occurring. So this is something that I know our customers have been looking forward to. So we're excited to announce the availability of MCP, and there will be more details available shortly. We will do a separate webinar around some of these new capabilities like SpendPulse, MCP, etcetera. With that, we'll talk about some of our, new innovations in Coupa category strategy and CSO. For that, I turn it, to Nari. Thank you so much, Vijay. And, thank you so much to all of the participants who have been there, who are asking a lot of questions, participating in our polls, and so on. As one of my colleagues mentioned, it's, very important that we listen to you and understand your feedback so that we can improve on the products as well as improve the way by which we communicate our, capabilities to you. So the focus of my discussion, today will be on two aspects of the Coupa s two p footprint. The first is the Coupa category strategy and then the sourcing optimization. We call that as the strategy to source. So So when we talk about strategies, strategy to source, that's kind of the workflow which includes the utilization of category strategy to create the strategy and then execute it. We're going to have a detailed, webinar in the end of September on the topic. I'll try to cover some of the salient points here. Hopefully, you know, you can request your colleagues who are category managers and sourcing managers who use the COPPA solution or interested in using the COPPA solution to participate in our future webinar. If you look at the category strategy, solution, we really have a multi step process. If you think about the way that what Cooper has done to the acquisition of the solution called Serto is really taking a process that was very manual, driven by PowerPoints, and digitized it. So the first integrated, solution for Serto was in r forty five, and we now have r 46. Going forward, we'll have r 47 in January. And there has been an evolution that has happened. So at r forty five, what we really did was we took the end to end category management process. We digitized it. We provided an AI, a generative AI capability for being able to improve each step of this process. So this process is something which is applicable for all categories in your companies, whether it's indirect spend or complex spend, indirect spend, and so on. And as part of r forty six, there are certain improvements that we have done. So that's what we are illustrating in this diagram is the fact that we have made improvements in r forty five. And now in r forty six, the the the boxes which are marked in blue are the areas where we have made, improvements. One of the prominent improvement that we have made is the ability for backtracking. So at any step, if you make a change, what is the impact of that change on previous steps is something that we have added. As an example, in step three, when you when you go and look at the, scope of the challenges that you meet in terms of market risk and so on, that goes and backtracks and recalculates the categories. Same thing in step five where you are able to go back and change your supplier preferencing updates there. One of the other, capabilities we have added is the notion of versioning of risk so that, you know, as we know in a in a company, which has a lot of categories, especially when you're dealing with direct materials, your supply chain risks or your procurement and financial risk may change. And you need to have the ability to have multiple versions of the risk so that you can run scenarios against it. One of the other, key capabilities that we have added, which is illustrated here in step 12, is the fact that once you implement your strategy, you want to be able to track the savings. And in order to track the savings, you want to to you want to be able to break it down at a more granular level. So we now allow you to break it down by categories, by locations, and suppliers over time. One of the prominent, enhancements that is coming in this particular release is also the ability to have custom hierarchy so that you can really tailor the hierarchies of the way by which you by which you are defining your categories in the form of custom hierarchies so that you're tailoring it to your own company. Okay? So as I was talking about the fact that there are there have been several significant improvements made to category strategy, and we will cover this in a later webinar. But at a at a very high level, again, AI is a very important, focus for us. There is a concept of a Navi category consultant. That's not the typical generative AI that you have seen before in category strategy. This is new. What this really is is more of a adviser for you. It's more of a consultant who, elicits questions from you and makes you think and come up with a good category strategy. I already talked about risk versioning, talked about custom hierarchies. We're making a lot of enhancements on the analytics dashboards with respect to category strategy. And then I also talked about the fact that you can split your savings based on different parameters such as category, location, suppliers, and custom hierarchies. And all of these, capabilities really help you move your category strategy process from being focused purely on of having a static PowerPoint based approach to a living document and really focusing on value and seeing how we can drive value for our organization. However, category strategy, is just the first step. It's very important to see how you can execute your category strategy, which is where sourcing optimization comes in. And when you think about sourcing optimization, in our '46, there has been several significant, enhancements that have that have happened. Lot of focus on, direct materials as well. We won't focus on that in this particular webinar. We'll talk about it later in September. However, when you think about all of the other categories, logistics, MRO, even services procurement, indirect categories, and so on, there are certain, critical enhancements that I will talk about. The first is in terms of supplier discovery and recommendations. Now, again, the assumption here is you're using the sourcing optimization, which is part of the platform so that you have access to the Navi capabilities. So if you are a sourcing optimization, customer who does not have the access to the platform, we request you to, try it out. We can show a demonstration of it and showcase some of these new capabilities. So what what we're able to do is have the ability for the category, so the sourcing manager to be able to discover and recommend suppliers from the Cooper community by understanding, what the the context of the event is. And then the user can go ahead and filter suppliers based on their requirements. It's very powerful. So you're able to identify suppliers as you are building out your sourcing, event. The second, important capability is the ability to expose the APIs of CSO in the form of agent studio so that you can build out custom agents. You know, we have customers who have started in that journey. We have a customer who has built out a spot bid capability or in the process of building out a spot bid capability using these a APIs. As you can see here, around 22, read APIs, 12 write APIs, and so on. No deletes because we don't want to have the, agents go and delete certain things. But, no, we have quite a lot of use cases can be enabled through these APIs. Then the third area is something which I will go into a little bit more detail now It's really talking about how you can, make the user make updates to the, sourcing event instead of having to rely purely on the optimizer. Okay. Moving on. So in terms of the current process that users have been using till r forty five, the situation that they faced was once they ran the solver, when they built the scenarios and ran the optimization, if the users were not satisfied or the users wanted to make some changes, oftentimes, it, needed to be able to export Excel and make some manual updates and reimport it back. In certain cases, there there is also the need to manually rekey some information, on the fact sheets to be able to send the results back to either the contract life cycle system or to the ERP. Now what we have done in the r 46 is we are now enabling the ability to of users. In fact, the users may not even run the solver in case of simpler scenarios. They can bypass the step of running the solvers. But most of the cases, you know, in the case of logistic sourcing, for example, they would run the solver. Once once they run the solver, they can make updates or allocation updates on the directly in the CSO UI. And then there is also guardrail make which prevents, you know, some of these changes from violating some of these constraints. And then they can do a one click sync into the ERP system or or to the contract life cycle system. So this is what we call as the guided allocation capability. This is something which our users have asked us, and this is our capability that we are enabling now with MCSO. So that's, this slide is essentially, an example of the user interface that you will be seeing where the users can go ahead and look at the allocation by suppliers and can manually tweak the allocation at each supplier so that they can ensure that it fits their requirements and then publish it to the contract life cycle system. K. So with this, we conclude the focus on all of the different areas of s two p that we have seen. And I know we have covered a lot of areas, but we would like to know based on what you're seeing, the we have a poll which says that which area of source to pay innovation would have the biggest impact on your organization. We'll spend a few seconds, requesting you to answer this poll, and then we'll go and, close out our call today. K. Alright. So we'll move on to the next step. Essentially, what we have talked to you today is information that we hope will solve or answer many of your key functional, challenges that you're facing. And also hope that some of these AI capabilities will help automate and improve your processes so that you can really focus on the strategic areas of your business. We would like to continue the conversation with you. That's why we have the coupon online community. You can go please go ahead. We'll have our community experience team, engage with you and, solicit information from you about our 46. Any feedback that you have, we'll collect it in this forum. We also have the focus on documentation. So we now call it as a Cooper documentation portal. Used to be referred to as Compass. And here we have all of the list notes, all of the information that very, specific, information on which of these capabilities are available, generally available, which are available as EAP, or which are available as limited available, and so on. So all of this information is available at the documentation portal. We also have training and certification. So we have the learning section of the Kopa Compass where you can find and look at certification courses. Our, team is working on e learning capabilities, in the in this area. So you can, please take a look for it. And this is essentially what I was referring to as an ongoing, set of webinars that will be, coming in front of you. So the first one that that you have or the, I would say is the third one is what you saw today with s two p. We'll have a focus of the same webinar for our customers in APAC. Then we'll have a a webinar on pay. Then we'll have a webinar on the supply chain optimization related area. So folks who are involved in supply chain design can participate in that. And then we have a webinar on September 23 with operational procurement or supply chain collaboration. Anybody who is dealing with purchase order, inventory forecast, related aspects, you know, supply chain, analysts, buyers of direct and complex equipment, MRO, all of these folks could benefit from that. And then the, webinar on September 28 is a deep dive into, direct material sourcing wherein we'll go and look at some of the unified item repository, bill of materials, and so on. And then we'll also, do a deep dive on the, linkage between strategy, which is category strategy and sourcing optimization. So many other things that we saw today plus a lot more, we'll go into a lot more detail. K. So with this, we conclude our, webinar for today. Thank you so much for spending the time with us. We will make sure that we address all of your questions, offline, if you have not already answered it. And, we'll also like like you to complete a short survey so that you can, let us know what you thought of of today's webinar and provide us feedback on how we can improve it. So thank you so much, to the participants, and thanks to our product management team for, coming up with this great release. Thank you.