Coupa vs Payhawk

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Coupa vs Payhawk

Coupa

Finance, procurement and supply chain teams; 55% of the Fortune 500 work with Coupa

2006; Foster City, California, US

VS

Payhawk

Mid-market and enterprise companies managing spend across teams, entities and borders

2018; London

Coupa and Payhawk both bring procurement, accounts payable and expenses into one platform.

Coupa, founded in 2006 and based in Foster City, California, sells spend management to large organisations, with 55% of the Fortune 500 working with it; Payhawk, founded in 2018 and based in London, combines corporate cards, expenses, travel, accounts payable and procurement for 6,000+ mid-market and enterprise companies.

Coupa vs Payhawk: side by side

“Not published” means the vendor does not state it.

CoupaPayhawk
What it doesSpend management across procurement, AP automation, expenses, payments, treasury and supply chain, with AI agentsCorporate cards, expenses, travel, accounts payable and procurement in one platform, with AI agents and global payments
Best forFinance, procurement and supply chain teams; 55% of the Fortune 500 work with CoupaMid-market and enterprise companies managing spend across teams, entities and borders
Founded and HQ2006; Foster City, California, US2018; London
Ownership and fundingPrivate; acquired by Thoma Bravo in an US$8bn all-cash deal; interim CEO Mike Lipps since August 2026Investors include Greenoaks, QED, Bek Ventures, Eleven Ventures and Lightspeed
Customers or usersMore than 3,000 customers, including American Airlines, UPS, Hilton and Schneider Electric; 11.5 million buyers and suppliers on its network6,000+ companies, including DPD, Gymshark, Vinted, Leica, Five Guys and Babbel
PricingNot publishedPriced by module; US prices start at US$299 a month (Travel), US$349 (Accounts Payable), US$449 (Cards & Expenses) and US$499 (Procurement); Payhawk Complete on quote
Deployment and marketsCloud; offices in North America, Latin America, EMEA, APAC and Dubai; site in English, German, Spanish, French, Italian, Portuguese and JapaneseCustomers in 33+ countries; 150+ countries and 115 currencies supported; offices across Europe and the US

Main differences

Starting point

Payhawk starts from corporate cards and expenses; Coupa starts from procurement and invoice-to-pay, with sourcing, treasury and supply chain in the same suite.

Pricing

Payhawk publishes US prices by module, from US$299 a month for Travel to US$499 for Procurement; Coupa does not publish prices.

Customers

Coupa has 3,000+ customers, including American Airlines, UPS and Hilton; Payhawk has 6,000+, including DPD, Gymshark and Vinted.

Ownership

Coupa is owned by Thoma Bravo after a US$8bn all-cash deal; Payhawk is venture-backed, with investors including Greenoaks, QED and Lightspeed.

Which to choose

Choose Coupa if

  • You need sourcing, contracts and supply chain alongside procurement and invoices

Choose Payhawk if

  • You want company cards, expenses, travel and bill payments across several entities and countries, priced by module

Compare further

Common questions

What is the difference between Coupa and Payhawk?+

Coupa is a spend management suite covering procurement, AP automation, expenses, payments, treasury and supply chain, with AI agents. Payhawk combines corporate cards, expenses, travel, accounts payable and procurement in one platform, with AI agents and global payments.

How much do Coupa and Payhawk cost?+

Coupa does not publish prices; it offers demos and a sales contact. Payhawk prices by module: in the US, Travel starts at US$299 a month, Accounts Payable at US$349, Cards & Expenses at US$449 and Procurement at US$499, with Payhawk Complete on quote.

How many customers do Coupa and Payhawk have?+

Coupa has more than 3,000 customers, and 55% of the Fortune 500 work with it. Payhawk has 6,000+ companies as customers, including DPD, Gymshark, Vinted, Leica, Five Guys and Babbel.

Part of Accountio’s accounting technology coverage.