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Full-Time

Strategic Account Manager

Posted on 9/5/2024

Procore Technologies

Procore Technologies

1,001-5,000 employees

Construction management software for project efficiency

Industrial & Manufacturing

Expert

Carpinteria, CA, USA + 1 more

More locations: Remote in USA

Remote work is possible from any US location.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Segment
Salesforce
Requirements
  • 10+ years of demonstrated successful software sales; proven experience identifying and closing seven-figure contracts
  • Bachelor's degree or equivalent
  • Ability to thrive in an entrepreneurial environment
  • Proven history of over-quota achievement
  • Prefer experience selling in the construction industry, and specifically top ENR segment
  • History selling licenses or subscriptions to large, complex organizations with demonstrated ownership of all aspects of territory management
  • Experience working with an extended sales team
  • A perfect mix of curiosity, ambition, openness, resilience, and optimism along with a value-added mindset
Responsibilities
  • Develop and execute target account strategy for our top global strategic accounts alongside key executive and technical leadership
  • Identify, engage, and qualify prospects, track activity in Salesforce
  • Structure and negotiate business terms and contracts with line-of-business, procurement, senior management, and/or C-level executives
  • Ability to sell to multiple stakeholders, selling against P/L, negotiating, presenting, and closing
  • Close business with new accounts and expand revenue within designated customer accounts to achieve Procore’s strategic objectives and quotas
  • Provide sales forecasting and account plans to sales leadership in a timely manner
  • Identify product improvements and new products by remaining current on customer needs, industry trends, market activities, and competitors
  • Monitor competition and respond immediately and appropriately

Procore Technologies offers construction management software that streamlines various stages of construction projects, including preconstruction and project closeout. The platform features tools for bid management, estimating, quality and safety management, and Building Information Modeling (BIM), which improve communication and visibility between field and office operations. Unlike its competitors, Procore provides a comprehensive all-in-one solution along with personalized support services tailored to clients' needs. The company's goal is to be a trusted partner for construction professionals worldwide, helping them complete projects efficiently and effectively.

Company Stage

IPO

Total Funding

$543.5M

Headquarters

Carpinteria, California

Founded

2003

Growth & Insights
Headcount

6 month growth

3%

1 year growth

1%

2 year growth

11%
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Simplify's Take

What believers are saying

  • Procore's global reach, with over 1,000,000 projects completed in 125 countries, demonstrates its strong market presence and reliability.
  • The company's strategic partnerships, such as with Goldman-Sachs for construction payments, enhance its service offerings and operational efficiency.
  • Significant investments from firms like Richelieu Gestion SA and CenterBook Partners LP indicate strong financial backing and growth potential.

What critics are saying

  • The construction management software market is highly competitive, requiring Procore to continuously innovate to maintain its market position.
  • The complexity of achieving FedRAMP authorization could delay Procore's entry into the federal market, impacting potential revenue streams.

What makes Procore Technologies unique

  • Procore's all-in-one construction management platform covers every stage of the construction lifecycle, from preconstruction to closeout, unlike competitors who may focus on specific phases.
  • The company's commitment to FedRAMP authorization sets it apart by ensuring the highest standards of security and data compliance for federal customers.
  • Procore's extensive support resources, including tailored training and a community forum, provide a personalized approach that enhances client satisfaction and platform utilization.
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