Full-Time

Account Executive

Confirmed live in the last 24 hours

Paystand

Paystand

201-500 employees

Digital payment processing for B2B clients

Data & Analytics
Fintech

Compensation Overview

$160k - $200kAnnually

Mid, Senior

Santa Cruz, CA, USA

All roles are on-site only.

Category
Inside Sales
Sales & Account Management
Required Skills
NetSuite
Hubspot
Salesforce

You match the following Paystand's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's degree in Business Administration, Marketing, Finance, or a related field preferred, but not required.
  • 3-5 years of experience in a B2B sales role, preferably within the SaaS or payments technology industry.
  • Proven track record of consistently meeting or exceeding sales targets and revenue goals.
  • Strong understanding of payments technology, including merchant services, payment processing, and financial services. Experience working with Netsuite or other ERP solutions is highly desirable and Order to Cash cycle knowledge is highly valued.
  • Exceptional communication and presentation skills, with the ability to articulate complex concepts in a clear and compelling manner.
  • Strategic thinker with a consultative sales approach and a focus on building long-term client relationships.
  • Self-motivated and results-oriented, with a demonstrated ability to thrive in a fast-paced, dynamic environment. Startup experience is a plus.
  • Proficiency with CRM software (e.g., Salesforce, Hubspot) and other sales productivity tools.
  • Ability to travel as needed for client meetings, industry events, and conferences.
Responsibilities
  • Proactively source and qualify leads through strategic outbound prospecting efforts, including cold outreach, networking, and leveraging industry connections.
  • Conduct thorough discovery calls and needs assessments to understand potential clients' pain points, business objectives, and requirements.
  • Develop and present compelling sales presentations, proposals, and demonstrations tailored to the specific needs and goals of prospective customers.
  • Collaborate closely with internal stakeholders, including Sales Development Representatives, Product Managers, and Customer Success teams, to ensure a seamless transition from prospecting to closing and implementation.
  • Negotiate contract terms, pricing, and terms of service agreements to drive successful deal closures while maximizing value for both the client and the company.
  • Maintain accurate and up-to-date records of sales activities, customer interactions, and pipeline progression in our CRM system.
  • Stay informed about industry trends, competitive offerings, and market developments to effectively position our solutions and maintain a competitive edge.
  • Meet and exceed quarterly and annual sales targets and revenue objectives.
Desired Qualifications
  • Experience working with Netsuite or other ERP solutions is highly desirable.
  • Startup experience is a plus.

Paystand provides a digital payment processing platform designed for business-to-business (B2B) clients in the financial technology sector. The platform allows businesses to accept payments online, improving customer experiences and simplifying financial operations. Paystand operates on a Payments-as-a-Service model, charging a fixed monthly or annual fee instead of traditional per-transaction fees. This approach helps businesses better predict their costs and can lead to savings, especially for those with high transaction volumes. Key features of the platform include real-time updates and analytics for better cash flow management, as well as embedded payment links in invoices to facilitate easier payments. Clients like Motorola and Thumbtack have reported significant cost reductions and improvements in cash flow metrics after using Paystand. The company's goal is to help businesses reduce costs, enhance cash flow forecasting, and improve overall customer satisfaction.

Company Size

201-500

Company Stage

Series C

Total Funding

$75.9M

Headquarters

Scotts Valley, California

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Paystand's acquisition of Teampay expands its capabilities in spend management.
  • The rise of embedded finance solutions boosts Paystand's seamless payment experiences.
  • Growing blockchain adoption in supply chain finance opens new market opportunities.

What critics are saying

  • Increased competition from fintech startups may erode Paystand's market share.
  • Regulatory scrutiny on blockchain services could impact Paystand's operations.
  • Economic downturns may reduce business spending on digital payment solutions.

What makes Paystand unique

  • Paystand offers a zero-fee, blockchain-enabled B2B payment platform.
  • Their Payments-as-a-Service model provides predictable costs for high transaction volumes.
  • Integration with platforms like NetSuite and Microsoft Dynamics enhances their service offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Paid Sick Leave

401(k) Retirement Plan

401(k) Company Match

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

0%
Crypto Reporter
Nov 29th, 2024
Paystand's Zero-Fee B2B Payments Model Propels it to No. 306 on Deloitte Technology Fast 500 List of Fastest Growing U.S. Companies

In the face of record-setting prices for Bitcoin and the robustness of the blockchain ecosystem, Paystand, the fintech leader in blockchain-enabled B2B payments, was recognized on the Deloitte Technology Fast 500(TM).

PYMNTS
Aug 22nd, 2024
This Week In B2B Innovation: Riding The Digital Payments Wave

The B2B landscape is undergoing a profound transformation, driven by a confluence of technological advancements, evolving business expectations, and the unrelenting push toward greater efficiency. At the center of this change is the surging digitization of B2B payments, which are emerging as levers for innovation, competitiveness and growth as firms recognize that modernizing their payment processes is crucial not just for efficiency, but also for ensuring security, improving cash flow management and enabling real-time insights into financial operations. That’s why PYMNTS tracks the latest advances shaping tomorrow’s B2B landscape. The top themes we heard this week were around access to capital, cross-border payments and marketplaces, and the broader digitization of legacy workflows across B2B payments and operations

PYMNTS
Aug 21st, 2024
Cumula 3 And Paystand Partner On B2B Payment Solutions

Cumula 3 and Paystand have partnered to offer NetSuite users a way to leverage simplified transactions, zero transaction fees and improved cash flow management.In this new partnership, Paystand’s B2B payment platform will be integrated into Cumula 3’s portfolio of cloud-based solutions for NetSuite, the companies said in a Wednesday (Aug. 21) press release.“We are excited about our partnership with Paystand, as it allows us to offer our clients a comprehensive solution that combines the power of cloud computing with modern payment technologies,” Gaetjens Cadet, vice president of business development at Cumula 3, said in the release.Cumula 3 provides cloud-based solutions that are designed to optimize business processes, drive innovation, be scalable and be secure, according to the release.Paystand’s payment platform helps businesses reduce their reliance on outdated payment methods and improve their reconciliation processes by digitizing and automating their financial transactions, the release said.Together, with that platform integrated into Cumula 3’s offerings, these capabilities aim to help businesses achieve greater operational efficiency and accelerate their digital transformation, per the release.“Our partnership with Cumula 3 represents a significant step towards modernizing B2B payments,” Max Robbins, vice president of partnerships at Paystand, said in the release. “Together, we are empowering businesses to adopt a digital-first approach to finance, ensuring they remain competitive in today’s fast-paced economy.”This new partnership comes about four months after Paystand acquired spend management software provider Teampay to create a unified financial platform that covers both accounts receivable (AR) and accounts payable.The acquisition added spend management solutions to Paystand’s capabilities that already included those offered by its blockchain-based platform that automates AR, reduces days sales outstanding (DSO) and eliminates transaction fees.“It offers enhanced control over both receivables and payables, delivering a direct [return on investment (ROI)]through greater efficiency and significant payment savings,” Paystand CEO Jeremy Almond said in an April blog post.Also in April, Paystand brought full payments integration to Microsoft Dynamics 365 Business Center, with the B2B receivables, payables and payments network also offering support for Microsoft’s Dynamics NAV, Dynamics GP, Dynamics AX and Dynamics 365 Finance.For all PYMNTS B2B coverage, subscribe to the daily B2B Newsletter

Finextra
Aug 21st, 2024
Cumula 3 integrates with Paystand

Cumula 3 integrates with Paystand.

Finextra
May 28th, 2024
Paystand appoints Allison Grieb chief sales officer

Paystand, the global leader in blockchain-enabled B2B payments, today announces the appointment of Allison Grieb as chief sales officer.