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Full-Time

Commercial Account Executive

Central

Updated on 9/5/2024

AuditBoard

AuditBoard

501-1,000 employees

GRC software for audit and compliance

Consulting
Enterprise Software
Fintech
Legal

Senior, Expert

Remote in USA

US Top Secret Clearance Required

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Segment
Requirements
  • 5-7+ years of SaaS sales experience selling enterprise, B2B solutions (steady and progressive tenure in career, ideally 3 years in one company) OR Senior Manager or higher in a Risk Advisory practice (i.e. risk management, internal audit) of a Big4 firm or mid-tier firm
  • Proficient in using MEDDICC/MEDDPICC with a consistent track record of exceeding quarterly and annual quotas that reach above $1-1.2M; Deal sizes and sales cycle experience align with the segment.
  • Strong executive presence
  • Coachable, willing to learn, collaborative with team, and great at building relationships
  • Ability to negotiate pricing with a focus on retaining value
  • Proven ability to successfully navigate complex SaaS deals, articulate the distinct aspects of products and services and position them against competitors
  • Ability to identify client pain points and develop unique and compelling value propositions that focus on delivering value to the client. (Customer first mentality)
  • Excellent listening, negotiation, and presentation skills
  • Must be able to work in a fast-paced and rapidly changing environment
  • Bachelor’s degree or equivalent experience required
  • Bilingual in Spanish is a plus for this role.
Responsibilities
  • Execute full-cycle sales, including territory planning, pipeline generation, and progressing sales opportunities to close – we are in search of dynamic and ambitious sales achievers who can build a viable pipeline – this role has a 90% net new business target.
  • Exceed annual sales targets of >$1M
  • Expanding new business opportunities in existing + new customer accounts within your assigned territory to meet and/or exceed quarterly/annual quota with 10% of your focus on expansion selling.
  • Collaborate with CCOs, CAOs, CFOs, CIOs, CTOs, EVPs, and SVPs to develop tailored solutions that meet their specific needs.
  • Identify prospective customers' pain points, educate them on AuditBoard’s value, highlight our differentiators, effectively demo the product via video conference or onsite, and guide prospects through the sales process with 25%- 30% travel, including client and partner meetings as well as events and conferences.
  • Co-create a solution and business case to enable stakeholders across the business to advocate for and adopt Auditboard into their organization.
  • Work closely with SDRs/BDRs and Product Solutions to achieve sales goals and partner with the Implementation and Customer Success teams to support and set customer expectations.
  • Develop and implement sales strategies aligned to goals and targets by leveraging MEDDICC sales methodology.
  • Collaborate with channel partners to tackle strategic opportunities.

AuditBoard provides Governance, Risk, and Compliance (GRC) solutions through a fully integrated platform that helps large enterprises manage their audit, risk, and compliance programs. The software automates and reports on risk and control data in real time, allowing teams to collaborate from anywhere. Unlike competitors, AuditBoard offers specialized modules for various GRC aspects, such as SOX management and internal audit, which simplify complex tasks. The company's goal is to empower organizations to effectively meet regulatory requirements and maintain strong internal controls.

Company Stage

Acquired

Total Funding

$3.1B

Headquarters

Cerritos, California

Founded

2014

Growth & Insights
Headcount

6 month growth

9%

1 year growth

18%

2 year growth

49%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Hg for over $3 billion is likely to fuel further growth and global expansion, enhancing career opportunities.
  • AuditBoard's recognition as a Great Place to Work® for two consecutive years indicates a strong, positive workplace culture.
  • The company's rapid growth and recent executive team expansion suggest robust career development and leadership opportunities.

What critics are saying

  • The integration with Hg could bring changes in company culture and operational processes, potentially causing uncertainty for employees.
  • The highly competitive GRC software market requires continuous innovation to maintain a leading position, which can be challenging.

What makes AuditBoard unique

  • AuditBoard's fully integrated GRC platform offers real-time reporting and automation, setting it apart from competitors who may offer more fragmented solutions.
  • The company's focus on large enterprises, including nearly 50% of the Fortune 500, highlights its capability to handle complex and large-scale compliance needs.
  • AuditBoard's SaaS model ensures continuous updates and improvements, providing clients with the latest tools to manage evolving regulatory requirements.