services company Aon . During one of its earnings calls , Perez notes how Aon ’ s CFO talked “ about the US $ 30mn marginal expansion they were able to increase with Coupa .” Similarly , Rolls-Royce has been an advocate of the software firm . On one of its market days last year , Perez highlights how the automotive giant “ exceeded the 5 % industry benchmark for savings by bringing its spend down from $ 2.7bn to $ 2.3bn , all with 23 % less resources ” in a cost control initiative supported by the Coupa BSM Platform .
The past few years have represented an exciting chapter in Coupa ’ s history . Having launched its IPO in 2016 , the firm now stands as a billion-dollar unicorn . “ For us , going public just showed the start of what we could do ,” reflects Perez . “ It was a great point in my career and an exciting moment for the firm because it brought us into the open market with a level of credibility that has allowed us to work with some of the largest companies in the world .” Now , headquartered in the heart of Silicon Valley , the company offers its cloud-based business spend manage-
163 asia . businesschief . com