**Las Vegas**: The Las Vegas Raiders have partnered with Coupa to improve their procurement and financial operations as they adapt to their new home. This collaboration aims to boost efficiency and visibility in spending, marking a notable trend towards advanced technology in sports management.
The Las Vegas Raiders have announced a partnership with Coupa, a company specialising in total spend management, aimed at enhancing the team’s procurement and financial operations as it continues to grow following its relocation to Las Vegas in 2020.
The collaboration is designed to automate and connect the Raiders’ entire source-to-pay lifecycle, improving procurement efficiencies and productivity across the organisation, including at Allegiant Stadium. Coupa’s platform is expected to provide greater visibility and control over spending, which is crucial as the team navigates its ongoing expansion.
John Frank, Chief Customer Officer at Coupa, remarked, “The Raiders are counting on Coupa to quarterback their total spend management and multiply their margins.” He expressed confidence that the partnership marks the beginning of a strong relationship as the Raiders leverage Coupa’s community data for optimised spend strategies.
Michael Crome, Chief Financial Officer of the Raiders, noted the significance of the partnership for the team’s development and its ability to serve its fanbase effectively. He stated, “Coupa empowers us to grow our organization… it’s a proven game changer for us and the entire sports franchise industry.”
As part of their collaboration, the Raiders’ procurement and finance teams will see an improvement in user adoption and potential cost savings through access to preferred supplier contracts. This initiative is part of a broader trend within the sports industry, where teams increasingly rely on advanced technology to enhance operational efficiency and financial performance.
The announcement coincides with Coupa’s upcoming event, Inspire, taking place in Las Vegas from May 12 to 15, 2025, where executives from various professional sports franchises will discuss their successes using the Coupa platform.
Source: Noah Wire Services
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