Coupa Treasury
by Coupa · Treasury & Cash Management
Treasury management for cash visibility, payments and bank connectivity.
- Works with
- SAP, Oracle, NetSuite
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 1998
- Headquarters
- San Mateo, United States
Overview
Coupa Treasury is the treasury management offering within the Coupa business spend management platform, based on the BELLIN treasury software (centred on the tm5 product) that Coupa acquired in 2020. BELLIN was founded in 1998 in Ettenheim, Germany, and was known for focusing on the relationship between corporates and their banks.
The module provides cash and liquidity management, payments, multilateral intercompany netting, in-house banking, and management of financial instruments and risk. A multi-banking portal gives group-wide visibility across bank accounts, and the solution connects to ERP systems, banks and market data sources.
Within Coupa, treasury sits alongside procurement, invoicing and payments, letting customers tie liquidity information to broader spend management. Coupa itself is privately owned following its 2023 acquisition by Thoma Bravo.
Features & capabilities
Cash & Liquidity Management
Group-wide cash visibility through a multi-banking portal.
- Cash positioning across bank accounts
- Multi-banking portal
- Bank account management
- Bank statement aggregation
- Liquidity and net-yield optimisation
- Cash reconciliation
Cash Forecasting
Forecasting built on group and ERP data.
- Cash flow forecasting
- Group-wide forecast consolidation
- Scenario analysis
- Forecast vs actual comparison
Payments & Bank Connectivity
Centralised global payments with embedded connectivity.
- Automated payment runs
- Global and domestic payment formats
- ERP invoice payment processing
- Payment fraud controls
- Bank connectivity (SWIFT, EBICS, host-to-host)
- B2B payment partner network
Intercompany Netting & In-House Banking
Multilateral netting and internal banking structures.
- Multilateral intercompany netting
- Intercompany invoice reconciliation
- Net position calculation and settlement
- In-house banking
- Intercompany loans
- Centralised settlement runs
Risk & Financial Instruments
Exposure management and instrument administration.
- Risk and exposure management
- FX exposure management
- Financial instrument management
- Hedging support
- Instrument valuation
Reporting & Integration
Reporting and connectivity across systems.
- Treasury reporting and dashboards
- ERP connectivity
- Market data integration
- Audit trails
- Integration with the Coupa spend management platform
Common use cases
- Giving a corporate group consolidated visibility of all bank accounts via a single multi-banking portal
- Running multilateral intercompany netting to cut the number of external transactions and banking fees
- Centralising global payment runs across multiple banks and entities
- Operating an in-house bank with intercompany loans and settlement
- Connecting treasury liquidity data to broader spend management within Coupa
- Managing FX exposures and financial instruments for a mid-market or enterprise treasury
Strengths & considerations
Strengths
- Strong heritage in multilateral intercompany netting and the corporate-to-bank relationship (BELLIN tm5)
- Part of the broader Coupa business spend management platform, linking treasury to procurement and payments
- Historically strong market share in the German-speaking (DACH) region
ERP integrations
Pricing
Driven by selected treasury modules, users, bank connections and transaction volume, typically within a broader Coupa platform agreement. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS (multi-tenant)
- Languages
- English, German
About the vendor
- Founded
- 1998
- Headquarters
- San Mateo, United States
- Ownership
- Owned by Coupa (private equity / Thoma Bravo)
Alternatives to Coupa Treasury in Treasury & Cash Management
Coupa Treasury — frequently asked questions
Is Coupa Treasury the same as BELLIN?
Yes. Coupa Treasury is based on the BELLIN treasury software (notably the tm5 product) that Coupa acquired in 2020.
What is Coupa Treasury best known for?
It is known for multilateral intercompany netting and managing the corporate-to-bank relationship, alongside cash management and payments.
Does Coupa Treasury work with SAP?
Yes. It connects to ERP systems including SAP, Oracle and NetSuite for invoice processing, balances and payments.
How does treasury fit within Coupa?
Treasury is part of Coupa's business spend management platform, so liquidity data can be tied to procurement, invoicing and payments.
Evaluating Treasury & Cash Management?
Tell us your ERP and requirements and we'll send an independent shortlist — including Coupa Treasury and the best-fit alternatives — with honest pros and cons.