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Full-Time

Account Executive

Corporate, Sales

Updated on 9/6/2024

Coupa Software

Coupa Software

1,001-5,000 employees

Cloud-based spend management and procurement solutions

Enterprise Software
Financial Services

Compensation Overview

$90k - $100kAnnually

+ Commission

Mid, Senior

Remote in USA

Category
Field Sales
Sales & Account Management
Required Skills
Sales
Coupa
Requirements
  • Minimum 3+ years experience with software sales
  • Strong executive presence, self-motivated, and resilient
  • Expertise in leading multi-stakeholder sales cycles and closing large 6-figure deals
  • A history of pro-actively hunting new business
  • Experience selling business value to Finance and Business customers using return on investment and TCO models, rather than challenging on 'features & functions'
  • A strong focus on forming relationships and working within a team selling environment
  • Business Spend Management domain expertise (ideal) or Enterprise SaaS selling experience
  • A desire to work in a fast-paced and hard-working environment
Responsibilities
  • Prospect, build pipeline, and sell Coupa cloud-based spend management solutions
  • Manage your territory and take ownership over new sales results to meet or exceed your quota
  • Engage with multiple prospect stakeholders across departments and levels to identify pain points, decision makers, and to build a comprehensive account development plan
  • Position yourself as a trusted advisor by providing proactive thought leadership while addressing prospect concerns and objections
  • Collaborate with customers, internal teams, and Coupa partners to build joint vision roadmaps outlining the value that Coupa will deliver
  • Engage with C-level prospects to position Coupa’s strategic value proposition and lead the deal to closure
  • Manage priorities and actions across multiple accounts moving simultaneously through the sales process
  • Develop and deliver premier executive sales proposals to C-level prospects
  • Provide accurate forecasts and monthly reports to sales manager to communicate health of the sales pipeline, significant market trends, and any potential risks that may impact ability to hit targets

Coupa Software provides a cloud-based platform for spend management and procurement solutions. Its suite of tools helps businesses manage their expenditures by integrating procurement, invoicing, and expense management into one system. This integration reduces inefficiencies that occur when these processes are handled separately. Coupa serves a wide range of clients, from large enterprises to mid-sized companies, and operates on a subscription-based model, allowing clients to access its tools for a recurring fee. This model supports scalability, enabling businesses to add users or features as needed. Coupa differentiates itself from competitors by offering a user-friendly interface that resembles online shopping, which encourages high user adoption and satisfaction. The company's goal is to help businesses control costs and improve financial efficiency.

Company Stage

IPO

Total Funding

$373.1M

Headquarters

San Mateo, California

Founded

2006

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-12%
Simplify Jobs

Simplify's Take

What believers are saying

  • Coupa's platform has helped over 3,000 global customers achieve significant savings, with $194 billion in bottom-line savings, demonstrating its strong impact on financial efficiency.
  • The launch of the Coupa App Marketplace and partnerships with companies like Bottomline and KNNX Freight extend the platform's capabilities, offering more comprehensive spend management solutions.
  • Recognition through awards like the Spendsetter Awards highlights the company's role in driving digital transformation and operational efficiency for its clients.

What critics are saying

  • The competitive landscape of the SaaS enterprise market is intense, with numerous players vying for market share, which could impact Coupa's growth.
  • Integration of new features and partnerships, such as with Bottomline, may pose challenges in maintaining platform stability and user experience.

What makes Coupa Software unique

  • Coupa's unified suite of spend management tools offers a seamless integration of procurement, invoicing, and expense management, unlike competitors who may offer fragmented solutions.
  • The company's community-generated AI leverages data from a vast network of suppliers and economic spend, providing unique insights and efficiencies that competitors cannot easily replicate.
  • Coupa's user-friendly interface, designed to mimic online shopping experiences, ensures high user adoption rates, setting it apart from more complex enterprise software solutions.

Benefits

Insurance Package

Family Support

Legal Assistance

Student Loan Assistance

Employee Assistance

Discounts