CHS
Customers / CHS
Industry
CHS Builds a Better Relationship with Compliance Through Coupa
CHS leveraged Coupa to gather the reins on its multinational agribusiness cooperative and assure compliance with internal and external audits, while standardizing the system-bred efficiency.
Company Overview
CHS is a global agribusiness cooperative owned by farmers, ranchers and cooperatives across the United States.
Headquarters
Inver Grove Heights, MN
Employees
10,000-25,000
Customer Website
Value as a Service
100%
Counterparties Vetted for Compliance
100%
Elimination of Annual Manual Certification
Challenge
Risk management was complicated by the diversity and number of factors.
Lack of centralized policies and oversight led to unnecessary risks.
Needed visibility and flexibility to deal with fluctuating AML, ABAC issues and ownership changes.
Solution
Results
A standardized and centralized system improved efficiency and mitigated risk.
Providers are pre-vetted and vetting expedited for improved service to partners.
Audits, including AML and ABAC, gain visibility in the streamlined system.