Full-Time

Channel Sales Executive

Posted on 11/20/2024

Bottom Line

Bottom Line

5,001-10,000 employees

Digital banking and payments automation platform

Enterprise Software
Fintech
Financial Services

Senior

Portsmouth, NH, USA

Category
Field Sales
Inside Sales
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Salesforce
Requirements
  • 5+ years of computer software sales and/or service experience, preferably in the AP management or commercial card space
  • Highly effective sales, relationship building and motivational skills
  • Strong interpersonal and business development skills, as well as superior Payments Industry Landscape and Paymode product knowledge
  • Excellent follow up skills and a sense of urgency in answering questions, resolving issues/questions, as well as coordinating internal cross-functional teams to appropriately respond to needs
  • Proven ability to assess sales strategy strengths and gaps, and make suggestions for process improvement
  • Highly organized and capable of working effectively across functional groups
  • Impeccable verbal, written and presentation communication skills using the MS Office suite (email, documents, presentations), with rigorous attention to detail
  • Excellent problem-solving skills, with an ability to push creative thinking beyond the boundaries of existing industry practices and client mindsets
  • Must be a “people person”, motivated to build and maintain professional relationships.
  • Prior experience managing a clean and current Salesforce pipeline
  • Ability to travel up to 50%
  • BA/BS in a business or technology field, or equivalent experience.
Responsibilities
  • Developing and expanding relationships with channel sales teams to increase sales volume
  • Supporting channel sales teams through the pre-sales process, from opportunity identification and Qualification, to discovery, all the way through contracting
  • Presenting the Paymode-X value statement in partnership with or on behalf of channel partner
  • Earning the trust of Channel Teams as their Paymode subject matter expert, helping them create urgency, and overcoming the objections of the customer
  • Build Channel and Client Relationships
  • Work with bank sales officers to understand their client portfolios, and pre-qualify revenue-generating opportunities for Paymode-X and its’ Channel Partner
  • Serve as a trusted advisor to the client and channel
  • Utilize marketing tools and create value propositions to generate engagement of new business opportunities
  • Within each client, understand decision makers, influencers, followers – and actively build and maintain relationships across the spectrum of influence
  • Work with clients and bank channel partners to understand unique client needs and customize client-specific solutions
  • Work with internal partner teams to align on delivery of solution to fit client need
  • Conduct demonstrations of Paymode
  • Configure data and workflow setups in demonstration systems to model client requirements
  • Coordinate with product management and delivery teams to configure demo systems
  • Continuously improve internal processes, particularly in the areas of sales support
  • Bring prospect feedback – technical, product, customer experience – to PMX Channel Leadership
  • Manage and maintain all pipeline reports and Salesforce data with most up-to-date opportunity status and call notes

Bottomline Technologies operates in the financial technology sector, providing a digital banking and payments platform that helps businesses and financial institutions automate and streamline their payment processes. Their solutions include automating accounts payable cycles, managing financial messaging flows, and creating intelligent engagement platforms for banks. They also offer risk management tools to detect and protect against threats, ensuring compliance and reducing complexity. Bottomline provides Swift services for secure global transactions and operates on a software-as-a-service (SaaS) model, generating revenue through subscription fees and service charges. The company focuses on customer success, aiming to transform business payments and processes to make them simple, smart, and secure.

Company Stage

Acquired

Total Funding

$11M

Headquarters

Portsmouth, New Hampshire

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Bottomline's recognition as a leader in digital banking and payments by The Digital Banker and other industry awards reflects its strong market position and potential for continued growth.
  • The integration of Bottomline's Paymode-X with Fifth Third Bank's services demonstrates its ability to enhance cash flow management and operational efficiency for clients, potentially leading to increased customer satisfaction and retention.
  • The company's focus on innovation, as seen in its partnerships and new product launches, positions it well to adapt to evolving market needs and drive future growth.

What critics are saying

  • The competitive fintech landscape, with major players offering similar services, could pressure Bottomline to continuously innovate to maintain its market position.
  • Dependence on strategic partnerships, such as with Fifth Third Bank and Ecliptic Technology, may pose risks if these relationships face challenges or dissolve.

What makes Bottom Line unique

  • Bottomline's integration of Paymode-X into various platforms like Jaggaer Pay and Fifth Third's Enhanced Payables highlights its adaptability and extensive network reach, setting it apart from competitors.
  • The company's leadership in insider risk management, as recognized by the SPARK Matrix, underscores its strong focus on security and compliance, a critical differentiator in the fintech space.
  • Bottomline's strategic partnerships, such as with Ecliptic Technology, enhance its offerings in niche markets like insurance, providing unique solutions that competitors may not offer.

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