Full-Time

Head of Revenue Operations

Posted on 8/8/2024

Tropic

Tropic

201-500 employees

Software procurement platform for businesses

Enterprise Software

Compensation Overview

$185kAnnually

+ Commission + Incentive Pay + Incentive Stock Options

Senior, Expert

Remote in USA

Looking to hire someone based in the United States.

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Hubspot
Salesforce
Data Analysis
Requirements
  • 6+ years of building and leading a sales operations team driving significant sales growth
  • Recent experience at a growth-stage (scaled through $25M-100M ARR preferred) B2B SaaS company
  • Strong analytical skills with the ability to derive actionable insights from complex data sets
  • Experience developing and implementing compensation, territory, and capacity models
  • Excellent leadership and communication skills, with the ability to motivate and inspire a team
  • Experience with CRM systems (e.g., Hubspot, Salesforce), CPQ (Dealhub), and sales execution tech (Clari, Gong, 6sense, etc) preferred
  • Ability to translate data/insights into executive-ready output to help drive GTM strategy decisions
  • Highly organized and results-oriented with an ability to manage multiple priorities simultaneously
Responsibilities
  • Operationalize the revenue team through pipeline management and reporting, revenue forecasting, territory definition & management, target setting, and incentive plan implementation, tracking & optimization across pre & post sales
  • Drive collaborative initiatives between Sales, Marketing, Customer Success, Operations, Finance, & the executive leadership team to ensure strategic alignment and operational cohesion between the sales pipeline and overall business objectives
  • Leverage growth stage start-up experience to de-risk projects and accelerate time to value, thinking about scalable solutions
  • Manage multiple projects with clear deliverables and develop a steady cadence of communication across the sales team
  • Identify and implement revenue optimization opportunities through data-driven analysis and strategic initiatives
  • Oversee the team administering our GTM tech stack (including CRM, Clari, Gong, 6Sense, Groove, LSI, ZoomInfo, etc) to ensure we have actionable intelligence, efficient processes, and accurate/up-to-date information on leads, opportunities, and customer interactions

Tropic provides a software procurement platform designed to help businesses efficiently purchase and manage their software. The platform allows finance and IT managers to oversee all software spending in one centralized location, which simplifies the procurement process and helps save time and reduce costs. Key features include management of software renewals and identification of overlapping software usage, which further enhances its utility. Tropic operates on a subscription-based model, generating recurring revenue from its clients. The platform is noted for its user-friendly interface and responsive customer service, making it a valuable extension of the client's team in managing their software expenses. The goal of Tropic is to streamline software procurement for businesses, particularly in the finance and IT sectors, ensuring they can manage their software spend effectively.

Company Stage

Series B

Total Funding

$65.3M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

↓ -3%

1 year growth

↓ -3%

2 year growth

↑ 6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Tropic's AI solution achieved over $300 million in savings for organizations.
  • The BNPL option offers flexibility and control over cash flow for high-growth companies.
  • Expansion of leadership team enhances strategic decision-making and operational efficiency.

What critics are saying

  • Rapid expansion may strain Tropic's operational capabilities, affecting service quality.
  • BNPL option exposes Tropic to financial risks if customers default on payments.
  • Competitive AI integration race may strain resources and impact long-term planning.

What makes Tropic unique

  • Tropic integrates unbiased market data with spend management tools for cost reduction.
  • The platform offers features for managing renewals and identifying software usage overlaps.
  • Tropic acts as an extension of clients' teams, managing 100% of their software spend.

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