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Full-Time

Head of Revenue Operations

Confirmed live in the last 24 hours

Tropic

Tropic

201-500 employees

Software procurement platform for businesses

Consulting
Enterprise Software

Compensation Overview

$185kAnnually

+ Commission + Incentive Pay + Incentive Stock Options

Senior, Expert

Remote in USA

Category
Project Management
Business Development
Business & Strategy
Required Skills
Sales
Communications
Hubspot
Salesforce
Marketing
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, Going, 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.

Company Stage

Series B

Total Funding

$67.1M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

↓ -8%

1 year growth

↓ -2%

2 year growth

↑ 107%
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Simplify's Take

What believers are saying

  • The $40M Series B funding led by Insight Partners positions Tropic for accelerated growth and expansion.
  • Clients report significant time and cost savings, enhancing Tropic's reputation and customer satisfaction.
  • The launch of new software procurement tools and modules indicates continuous innovation and value addition for clients.

What critics are saying

  • The niche focus on software procurement may limit market size and growth potential.
  • Economic uncertainties could impact clients' software spending, affecting Tropic's revenue.

What makes Tropic unique

  • Tropic's platform uniquely focuses on managing 100% of a company's software spend, unlike competitors who may only address parts of the procurement process.
  • The partnership with Tranch to offer BNPL options for SaaS purchases provides clients with flexible payment solutions, a feature not commonly found in other procurement platforms.
  • Tropic's Supplier Code of Ethics initiative sets a high standard for ethical procurement practices, distinguishing it from competitors.