Coupa Card: Managing Supplier Payments and Employee Expenses

Coupa has introduced Coupa Card, a virtual card solution integrated into the Coupa Pay platform.

The new feature enables organisations to manage supplier payments and employee expenses from a single, unified system.

With this latest move, Coupa further establishes itself as a leading AI-driven platform for comprehensive spend management.

Unified card streamlines business spending

The Coupa Card is set to enhance spend control, real-time tracking and security throughout the entire organisation – reducing the risk of fraud, streamlining workflows and optimising working capital.

Salva Lombardo, Chief Product and Technology Officer at Coupa, explains: "Businesses need modern, seamless and easy-to-adopt payment methods, and Coupa Card does just that. It delivers tightly-integrated and automated virtual card application, underwriting, issuance, spend control and reconciliation directly within the Coupa platform.

"Coupa Card is not just another virtual card given its powerful reach and capability.

"By embedding it inside our unique end-to-end platform it is a singular card that can manage spend across the entire S2P process and will help companies achieve autonomous, frictionless spend and trade within a constantly learning and adapting AI network."

Global reach through Mastercard partnership

Coupa Card provides businesses with the ability to be transparent while simplifying the way in which both supplier payments and employee expenses flow through the Coupa platform.

The card is powered by Brex and will be accepted on the global Mastercard payment network – as the Coupa platform acts as a centralised payment platform. As it uses the Mastercard acceptance network, it will give businesses the ability to transact securely and seamlessly with millions of suppliers worldwide – delivering scale, reliability and reach across every corner of the procurement ecosystem.

Art Levy, Chief Business Officer of Brex, says: "With Coupa Card, powered by Brex, U.S. customers with global operations can get underwritten and approved in just a few days and issue local cards in 30 currencies across 50 countries, helping their teams go live faster and scale globally without friction."

Scott Abrahams, Global Head of Commercial Verticals for Mastercard, adds: "Mastercard is on a mission to make payments smarter and businesses stronger by embedding our capabilities directly into the platforms where commerce happens.

"With Coupa Card, we're combining the power of our global acceptance network with a seamless, embedded experience – helping organisations simplify supplier payments, control spend and unlock working capital with speed, security and scale."

Key benefits drive efficiency and control

Coupa Card provides countless benefits, including: 

Gives employees the power to move business forward: Coupa Card empowers employees to make secure, hassle-free payments anytime, anywhere using tap-to-pay virtual cards integrated into Apple Pay and Google Pay digital wallets.

Visibility into all business transactions with a single card: Coupa Card supports a wide range of diverse use cases, including supplier payments against purchase orders and invoices, ghost card payments for high-volume suppliers, recurring business subscriptions and employee expenses like travel and entertainment.

Spending controls: Coupa Card will include custom controls such as spend limits, expiration dates and approval workflows – enabling finance and procurement teams to configure cards by user, project or department. This minimises fraud and out-of-policy spend, while future updates will enforce policy at the point of spend by flagging or stopping transactions at the time of purchase.

Issue cards in hours, not weeks: Coupa Card offers a seamless, end-to-end process for virtual card management, including application, underwriting, onboarding, card issuance, reconciliation and statement management – all handled within the Coupa platform. This significantly reduces the traditional setup time from weeks or months to hours.

Automate payments with enhanced compliance: Coupa Card delivers a secure, compliant and seamless payment experience for users. Autonomous reconciliation services save businesses time and money.

Dan Gerard, SVP, Business Services, Montrose Environmental Group, says: "At Montrose, we're continually investing in technologies that simplify processes and empower our people to do their best work.

"As we advance our Coupa implementation, the Coupa Card program represents the kind of innovation we look for – deeply integrated, intuitive solutions that enhance both efficiency and the employee experience.

"Features like tap-to-pay will make it even easier for our colleagues in the field to serve our clients seamlessly."