Concord vs. Coupa

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Concord
Score 3.1 out of 10
Mid-Size Companies (51-1,000 employees)
Concord delivers contract management for the 90% of agreements that don't need legal complexity. Founded in 2014, the company serves 1,500+ SMB and mid-market organizations (50-1,000 employees) across North America and Europe from offices in Austin and Paris. The platform combines contract creation, real-time collaboration, e-signature, and AI-powered review in a single workflow. Business users draft from templates, negotiate in-browser (no more Word attachments), and get AI review in 23…
$399
per month
Coupa
Score 7.9 out of 10
N/A
Coupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.
$499
per year
Pricing
ConcordCoupa
Editions & Modules
Essentials
$399
per month
Business
$699
per month
Enterprise
Contact Sales
Enterprise
Contact sales@concord.app
Premium Support
$499+
per year
Verified
$549
per year
Advanced
$4800
per year
Registered
Free
Offerings
Pricing Offerings
ConcordCoupa
Free Trial
NoNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsConcord pricing includes implementation, services, and unlimited support. All Concord plans include unlimited documents and unlimited e-signatures.
More Pricing Information
Community Pulse
ConcordCoupa
Features
ConcordCoupa
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Concord
8.7
Ratings
9% above category average
Coupa
-
Ratings
Contract creation9.70 Ratings00 Ratings
Contract templates8.00 Ratings00 Ratings
Clause library/saved fields8.00 Ratings00 Ratings
Guided logic9.10 Ratings00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Concord
9.1
Ratings
9% above category average
Coupa
-
Ratings
Contract sharing9.40 Ratings00 Ratings
Contract editing8.40 Ratings00 Ratings
Collaborating on contracts8.70 Ratings00 Ratings
MS Word plug-in8.50 Ratings00 Ratings
Approval process9.70 Ratings00 Ratings
Interdepartmental workflows9.70 Ratings00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Concord
9.0
Ratings
8% above category average
Coupa
-
Ratings
Contract database8.70 Ratings00 Ratings
Contract search7.70 Ratings00 Ratings
Contract milestone reminders & alerts9.50 Ratings00 Ratings
Custom contract reports9.50 Ratings00 Ratings
Tracking contract status9.50 Ratings00 Ratings
Compliance check9.10 Ratings00 Ratings
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ConcordCoupa
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User Ratings
ConcordCoupa
Likelihood to Recommend
9.3
(0 ratings)
8.0
(0 ratings)
Usability
9.7
(0 ratings)
10.0
(0 ratings)
Support Rating
7.4
(0 ratings)
-
(0 ratings)
User Testimonials
ConcordCoupa
Likelihood to Recommend
For my role as a recruiter, this tool is more than sufficient. I am able to quickly draft multiple offer letters, request approval from our legal team, then share directly with candidates to sign. This provides a great, organized candidate experience. I don't necessarily have an idea of a scenario where it would be less appropriate.
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Suitable: Simple indirect procurement. Low cost; short cycle implementation. Less Suitable: Complex procurement scenario requiring serious vendor collaboration. End-to-end integration. Direct Material Procurement, especially when planning, quality inspection, and other miscellaneous activities are involved, requires handling various special statuses and updates to meet industry- or country-specific requirements.
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Pros
  • Templates are easy to create and utilize.
  • Concord has its internal e-signature tool.
  • Concord can group by template, active, in progress, etc. and color codes the same.
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  • A consistent format is helpful because if you learn the tool once, then you should be set for long term success.
  • Straightforward with some of the fields (not all), but for some pieces of work. It is easy enough due to the direct nature of the tool.
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Cons
  • User management has been and still is, a pain point for us. We operate over a dozen entities and for the most part, anyone with access to Concord on our team has the same permissions across all entities. We must manage users one-by-one so onboarding + offboarding can be tedious.
  • The analytics are basic. I wish we could slice and dice and say "Show me only contracts tagged with X tag".
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  • With one particular customer I have had about 40 emails to be accepted as a vendor. With other customers before Coupa became horrendous I had no problems. As an existing Coupa user why do I have to create a new profile?
  • I have been accepted as a user 3 times then a day later Coupa wants the same form filled again and again.
  • Help is only on a chat line. You cannot speak to anyone and in my opinion they are not helpful. Their suggstions have gotten me nowhere. They refer me to talk with my customer to straighten out the problem. My cusotmer doesn't have a clue.
  • I'm considering not to accept purchase orders that require invoicing through Coupa.
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Likelihood to Renew
No answers on this topic
I love using coupa but i'm not the decision maker in this regard.
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Usability
Concord is extremely user friendly and saves me so much time! How else would I be able to manage all of the contracts for 9 different agencies all by myself?!?
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-Could be easy or hard to use depending on corporate policies and compliance. At times, errors and cryptical message associated with them could drive users mad.
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Support Rating
I gave it a five because it was the closest to a neutral response. I have not had issues with Concord and have not had a reason to contact support, so I don't have an accurate opinion here. From my conversations with our legal team, it seems they have been able to work with the support team at Concord to get any potential issues resolved in a timely manner.
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-Support is generally speaking OK (not great). The user community is quite active, and the response time is acceptable. I would certainly hope there's more user-generated content (like in SAP, Oracle, and Linux, etc.), but I suppose Coupa is still not large enough, and the incentives are not yet there.
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In-Person Training
No answers on this topic
The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
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Alternatives Considered
Concord is more user friendly and gives the user the power to change settings, change workflows, and customize to meet their own needs without having to wait on customer service or support to make the changes for them. In fact, I was able to do most of our implementation myself just the way I wanted it, and it was easy! There aren't any hidden costs or fees- you simply pay for the number of licenses you need and get all the support you need for free (if you ever need it!). And by the way, the storage is unlimited so there are no worries about maxing out on how many contract or documents you can have!
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Coupa fits within our desire to have best of breed systems delivering value to our organization. We generally work with true cloud providers that are available anytime, anywhere for our mobile workforce. We are pleased that Coupa is in our lineup of service solutions.
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Return on Investment
  • Excellent ROI
  • Concord has had positive impact on your overall business objectives.
  • Faster overall conversions.
  • Increased employee efficiency.
  • Probable better customer service.
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  • The Sourcing Module has returned our investment 23 times on an annualized basis.
  • We're now SOX compliant and as a public company, that's keeping us compliant with our corporate charter.
  • Having one central invoicing location has reduced our AP calls significantly. Our suppliers now have visibility into where their invoice is in the payment cycle. We also have a much higher invoice-to-pay cycle.
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ScreenShots

Concord Screenshots

Screenshot of approval workflows. These help to decrease contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Concord's advanced reporting, used to gain greater insights into the data in contracts.Screenshot of the Concord Inbox, with a global search and advanced filtering to make organizing and finding documents easier, and to streamline completing contract-related tasks.Screenshot of the approval workflows that decrease contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of online editing and redlining and a summary sheet with a discussion panel that keeps all conversations and changes tracked. A Word integration allows offline edits to also be tracked.Screenshot of an example of a fully executed contract with legally admissible e-signatures.

Coupa Screenshots

Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.