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Full-Time

Account Development Rep/SDR/BDR

Enterprise Chicago

Posted on 10/23/2024

Coupa Software

Coupa Software

1,001-5,000 employees

Cloud-based spend management and procurement solutions

Data & Analytics
Enterprise Software

Entry, Junior

Chicago, IL, USA

Hybrid model with 1-2 days a week in person at the Chicago office.

Category
Business Development
Sales & Account Management
Business & Strategy
Required Skills
Sales
Lead Generation
Salesforce
Coupa
Requirements
  • 1-2 years inside sales software experience
  • Experience calling into Fortune 1000 accounts at CXO level
  • Proven track record with new account development
  • Highly motivated professional with excellent interpersonal skills
  • High level of energy, drive, enthusiasm, initiative, commitment and professionalism
  • Self-starter with solid organizational and planning skills
  • Working knowledge of Salesforce.com or a similar CRM system required
  • Bachelor’s Degree required
Responsibilities
  • New business development / account development
  • Accessing C-Level, Director level contacts within customer accounts and target prospects
  • Lead generation via targeted outbound account prospection and calling on marketing-generated/inbound leads
  • Partner with marketing on a programmatic campaign-based approach to demand generation
  • Partner with field sales force to implement sales & pipeline build strategies
  • Provide accurate forecasts to the sales organization and executive management
  • Meet monthly and quarterly new meeting, lead qualification, opportunity conversion and closed won objectives
  • Demonstrate thorough knowledge of Coupa’s product line and value proposition
  • Host product demonstrations and guided tours for customers and prospects
  • Demonstrate clear understanding of Coupa’s sales processes and product and service value propositions
  • When required, attend company sponsored events

Coupa Software provides a cloud-based platform for spend management and procurement solutions. Its suite of tools helps businesses manage their expenditures by integrating procurement, invoicing, and expense management into one system. This integration reduces inefficiencies that occur when these processes are handled separately. Coupa serves a wide range of clients, from large enterprises to mid-sized companies, and operates on a subscription-based model, allowing clients to access its tools for a recurring fee. This model supports scalability, enabling businesses to add users or features as needed. Coupa differentiates itself from competitors by offering a user-friendly interface that resembles online shopping, which encourages high user adoption and satisfaction. The company's goal is to help businesses control costs and improve financial efficiency.

Company Stage

IPO

Total Funding

$373.1M

Headquarters

San Mateo, California

Founded

2006

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-13%
Simplify Jobs

Simplify's Take

What believers are saying

  • Coupa's platform has helped over 3,000 global customers achieve significant savings, with $194 billion in bottom-line savings, demonstrating its strong impact on financial efficiency.
  • The launch of the Coupa App Marketplace and partnerships with companies like Bottomline and KNNX Freight extend the platform's capabilities, offering more comprehensive spend management solutions.
  • Recognition through awards like the Spendsetter Awards highlights the company's role in driving digital transformation and operational efficiency for its clients.

What critics are saying

  • The competitive landscape of the SaaS enterprise market is intense, with numerous players vying for market share, which could impact Coupa's growth.
  • Integration of new features and partnerships, such as with Bottomline, may pose challenges in maintaining platform stability and user experience.

What makes Coupa Software unique

  • Coupa's unified suite of spend management tools offers a seamless integration of procurement, invoicing, and expense management, unlike competitors who may offer fragmented solutions.
  • The company's community-generated AI leverages data from a vast network of suppliers and economic spend, providing unique insights and efficiencies that competitors cannot easily replicate.
  • Coupa's user-friendly interface, designed to mimic online shopping experiences, ensures high user adoption rates, setting it apart from more complex enterprise software solutions.

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Benefits

Insurance Package

Family Support

Legal Assistance

Student Loan Assistance

Employee Assistance

Discounts