Coupa Partners with Sesame Workshop for Enhanced Spend Management Solutions

In a significant development for both organizations, Coupa, the renowned margin multiplier company, has been chosen by Sesame Workshop, the global nonprofit behind Sesame Street, to enhance their spend management capabilities. This partnership, announced on January 30, 2025, promises to leverage Coupa's advanced platform to automate and streamline Sesame Workshop's spending processes, thereby improving operational efficiency.

John Frank, Chief Customer Officer at Coupa, emphasized the impact of their AI-driven total spend management platform, stating, "The true value in Coupa's AI-driven total spend management platform is the time we save organizations, like Sesame Workshop, so they can focus on higher value work." This digital transformation will allow Sesame Workshop to allocate more time and resources to its core mission of enriching the lives of children worldwide.

By adopting Coupa's solutions, Sesame Workshop aims to unify its source-to-pay lifecycle, replacing various disparate systems with a singular, comprehensive platform. This includes critical components like contract management, risk assessment, and working capital management. With a central system in place, Sesame Workshop will not only standardize its purchasing and payment practices but also reduce compliance risks, offering a more proactive approach to managing their operational needs.

Albert Gumilang, Vice President of Finance and Controller at Sesame Workshop, reiterated the benefits of this collaboration, saying, "Coupa's AI-driven platform reduces the routine, duplicative, and largely manual work of our procurement, finance, and legal teams, delivering efficiencies and driving productivity that will ultimately help Sesame Workshop better serve our communities." The move towards automation is anticipated to foster a more resilient organization that can adapt and thrive in today's fast-paced environment.

Coupa's technology is based on vast amounts of data from a global network of over 10 million buyers and suppliers, informing their AI to enhance decision-making and improve margins. This substantial data set allows businesses, regardless of size, to make smarter, more profitable operational decisions.

Founded over 50 years ago, Sesame Workshop has established itself as a leader in children's education and entertainment. With its beloved characters and impactful programming, the organization has consistently worked to facilitate joyful learning experiences across more than 150 countries. This new partnership with Coupa is set to advance their mission to help children grow smarter, stronger, and kinder while effectively managing their resources.

To broaden your understanding of the future of spend management and how Coupa enables organizations to thrive, visit Coupa's website.

As both organizations embark on this promising journey, it reflects a significant step towards technological advancement in the nonprofit sector, showcasing how innovative solutions can profoundly affect operations and community service efforts.