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Full-Time

Manager – Customer Success Retention

Posted on 7/10/2024

Bill.com

Bill.com

1,001-5,000 employees

Financial platform for managing business operations

Consulting
Enterprise Software
Fintech
Financial Services

Compensation Overview

$128.6k - $154.3kAnnually

+ Sales Incentive + Equity Plans

Mid, Senior

Draper, UT, USA

Category
Customer Experience
Customer Success
Customer Success & Support
Customer Success Management
Sales & Account Management
Required Skills
Sales
Communications
Management
Salesforce
Requirements
  • 3+ years of relevant CSM experience with a proven track record of success
  • Experiencing leading or mentoring Customer Success teams
  • Must have a proven management track record of hiring, training, coaching, and motivating a revenue team.
  • Experience working with Product, Data, Support, Revenue Operations cross-functionally.
  • Strong written and verbal communication skills, including the ability to present strategy and results to staff members at every level of the organization
  • Familiarity with Salesforce.com, Outreach, Gainsight, and other sales technologies fostering a data-driven revenue culture.
  • Superior leadership and management skills that include communication, excellence, transparency, collaboration and mentoring.
Responsibilities
  • Ensure that Customer Success Representatives (CSMs) meet retention targets and hold team members accountable for achieving goals.
  • Identify and suggest process improvements to senior management, and implement changes to enhance efficiency and effectiveness within the team.
  • Conduct one-on-one coaching sessions to develop reps' skills, mindset, and effort, and train reps on handling escalations and retention situations effectively.
  • Improve the efficiency of CSMs by identifying and removing roadblocks, and streamline processes to facilitate smoother operations and better outcomes.
  • Manage and resolve customer escalations promptly and effectively, ensuring customer issues are addressed and resolved to their satisfaction.
  • Ensure the team meets its targets and key performance indicators (KPIs), and monitor inputs and outputs to ensure alignment with company goals.
  • Provide valuable insights to senior management for adjusting quotas and objectives each quarter, and offer feedback to inform business decisions on churn reasons and potential solutions.
  • Work closely with the Data team on the Predictive Attrition Model, and identify and utilize leading indicators of churn to inform strategy and actions.

Bill.com provides a platform for businesses to manage their financial operations, including bill creation and payment, invoicing, expense management, and budget control. The platform automates tasks related to accounts payable and receivable, making financial processes more efficient and transparent. Unlike many competitors, Bill.com also offers access to credit lines, ranging from $500 to $5 million, along with its software services. The goal of Bill.com is to streamline financial management for small to medium-sized businesses and accounting firms, helping them gain better control and visibility over their finances.

Company Stage

IPO

Total Funding

$2B

Headquarters

Palo Alto, California

Founded

2006

Growth & Insights
Headcount

6 month growth

1%

1 year growth

-1%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Bill.com's recent partnership with Regions Bank to power their digital payments solution highlights the company's growing influence and potential for further strategic collaborations.
  • The platform's ability to attract 10,000 new SMBs in the past year demonstrates strong market demand and growth potential.
  • Despite recent stock performance, Bill.com has shown consistent revenue growth, indicating a resilient business model and promising long-term prospects.

What critics are saying

  • The competitive fintech landscape, with players like Stripe and Plaid, poses a constant threat to Bill.com's market share.
  • The company's stock has seen significant declines, which could impact investor confidence and employee morale.

What makes Bill.com unique

  • Bill.com offers a comprehensive financial operations platform that integrates accounts payable, accounts receivable, expense management, and credit access, unlike competitors who may focus on only one or two of these areas.
  • The company's partnership with Cross River Bank to provide credit lines and corporate cards adds a unique value proposition that is not commonly found in other financial technology platforms.
  • Bill.com's automation capabilities for financial tasks provide significant efficiency gains, setting it apart from traditional manual processes and less automated competitors.

Benefits

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

INACTIVE