Full-Time

IT Procurement Specialist

Posted on 3/12/2024

Loopio

Loopio

201-500 employees

Provides cloud-based RFP automation software


Mid, Senior

Remote

Required Skills
Communications
Requirements
  • 3+ years of experience negotiating price and agreements with vendors
  • Experience using sourcing strategy and best practices to bring forward vendors who provide us with the ideal SaaS and technology solutions.
  • Negotiation and collaboration skills to drive consensus and the best outcomes for Loopio
  • Passionate about building and maintaining strong relationships with vendors and internal stakeholders.
  • Ability to seamlessly work with and across multiple stakeholders and departments in a fast-paced start-up environment
  • Ability to create a business case and present to the senior leaders in the business.
  • Detailed-oriented and excellent written communication skills
Responsibilities
  • Negotiate with vendors and execute agreements with favorable terms and discounts without compromising quality or service levels
  • Build and maintain strong vendor relationships with the objectives of eliminating inefficiencies, reducing total costs, and increasing productivity
  • Serves as key contact for internal stakeholders in their area of responsibility while building effective relationships of mutual trust and understanding
  • Partner with Legal and Information Security to ensure terms are compliant with legal, regulatory, data security, and privacy requirements
  • Uphold standards for purchase agreements, and approval procedures
  • Understand what compliance, security, and privacy protocols our tools need to follow so that they meet our customers’ requirements.
  • Have a clear understanding of our Authorization Matrix and ensure that we secure the right authorizations.
  • Maintain and monitor data regarding contract renewals, open purchase obligations and future commitments
  • Own, develop, and drive forward procurement playbook
  • Assist in driving and identifying potential cost savings and track cost savings.

Loopio offers cloud-based RFP software that centralizes content, automates responses, and enhances collaboration using smart libraries and intelligent automation tools, helping companies improve response quality, win more business, and accelerate their growth.

Company Stage

Series A

Total Funding

$209M

Headquarters

Toronto, Canada

Founded

2014

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-13%

2 year growth

16%
INACTIVE