Full-Time

Account Executive

Mid-Market

Posted on 7/30/2024

Coupa Software

Coupa Software

1,001-5,000 employees

Cloud-based spend management and procurement solutions

Enterprise Software

Compensation Overview

$90k - $100kAnnually

+ Commission

Mid

Remote in USA

Category
Inside Sales
Sales & Account Management
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 pay a recurring fee for access to its services. The user-friendly interface is designed to resemble online shopping, which encourages high user adoption and satisfaction. The goal of Coupa Software is to help businesses control costs and improve financial efficiency through streamlined spending management.

Company Stage

IPO

Total Funding

$164.4M

Headquarters

San Mateo, California

Founded

2006

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven procurement solutions are enhancing Coupa's market offerings.
  • Coupa's focus on security and trust strengthens its digital payment solutions.
  • Global brands are realizing significant savings with Coupa's AI-driven platforms.

What critics are saying

  • Rising AI model costs may impact Coupa's competitive pricing.
  • Security vulnerabilities in digital payments could threaten Coupa's reputation.
  • Competitors integrating AI in procurement may pressure Coupa to enhance capabilities.

What makes Coupa Software unique

  • Coupa offers a unified platform for procurement, invoicing, and expense management.
  • The company leverages a $7 trillion dataset for enhanced spend management insights.
  • Coupa's user-friendly interface ensures high adoption and customer satisfaction.

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Benefits

Insurance Package

Family Support

Legal Assistance

Student Loan Assistance

Employee Assistance

Discounts

INACTIVE