Full-Time

Vice President

Sales

Posted on 11/19/2024

Billtrust

Billtrust

501-1,000 employees

Accounts receivable automation and payment processing

Fintech
Financial Services

Compensation Overview

$190k - $245kAnnually

+ Equity + Commissions + Performance-related bonuses

Senior

Remote in USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Requirements
  • A proven track record in selling SaaS B2B enterprise software and leading geographically distributed sales teams (10+ years of relevant experience preferred).
  • Demonstrated ability to inspire and manage highly engaged teams.
  • Strong cross-functional communication and collaboration skills, with a track record of effectively working in team-oriented environments to overcome challenges.
  • Proven success in scaling sales organizations, particularly with enterprise-level customers in the financial technology sector.
  • Expertise in recruiting and retaining high-performing sales professionals who consistently exceed targets.
  • Experience defining, implementing, and maintaining systematic, disciplined sales processes across sales teams.
  • Exceptional leadership and influencing skills, with strong interpersonal capabilities and business acumen.
  • A history of negotiating six- and seven-figure annual recurring revenue contracts with large corporate customers.
  • Outstanding written and verbal communication skills.
  • A bachelor’s degree is required; an advanced degree is preferred.
Responsibilities
  • Lead, coach, and advocate for a team of sales professionals, enabling them to exceed sales and revenue targets.
  • Optimize pipeline growth and sales processes while ensuring consistent execution.
  • Recruit and retain top-tier sales talent across all levels of the sales organization to support the company's expansive market opportunity.
  • Collaborate with the marketing team to maximize demand generation efforts and account-based marketing investments.
  • Oversee forecasting processes to ensure accurate and predictable results.
  • Partner with senior leaders to provide actionable feedback to Product Strategy, Professional Services, and other teams to drive process and product enhancements.
  • Foster a culture of accountability, professional growth, high performance, and ethical behavior across the sales organization.

Billtrust specializes in automating accounts receivable (AR) processes for businesses. Its cloud-based software solutions help companies manage billing, invoicing, and payment processes more efficiently. The software includes features like configurable web stores for eCommerce, secure payment processing, and automated cash application systems. Billtrust stands out from competitors by focusing on the B2B market and offering a subscription-based model that includes transaction fees and additional services. The main goal of Billtrust is to improve cash flow for businesses, lower operational costs, and enhance customer satisfaction through effective AR management.

Company Stage

Acquired

Total Funding

$302.5M

Headquarters

Lawrence Township, New Jersey

Founded

2001

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

1%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by EQT Private Equity at a 64% premium indicates strong market confidence and potential for growth.
  • Billtrust's expansion into the European market through the acquisition of Order2Cash opens new revenue streams and customer bases.
  • Enhanced machine learning capabilities can lead to more efficient cash applications, improving client satisfaction and operational efficiency.

What critics are saying

  • The transition to a private company under EQT may lead to strategic shifts that could impact employee roles and company culture.
  • Integration challenges with Order2Cash could pose operational risks and affect service quality.

What makes Billtrust unique

  • Billtrust specializes in automating the invoice-to-cash process, a niche focus that sets it apart from broader financial software providers.
  • The acquisition of Order2Cash expands Billtrust's global footprint, particularly in the European market, enhancing its competitive edge.
  • Billtrust's recent upgrades in machine learning capabilities for B2B cash applications demonstrate its commitment to technological innovation.

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