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Full-Time

Account Executive

Smb

Posted on 10/17/2024

Emburse

Emburse

501-1,000 employees

Automates accounts payable and expense management

Fintech
Financial Services

Entry, Junior

Remote in USA

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Marketing
Requirements
  • High School Diploma or GED. Equivalent year of relevant experience may substitute
  • A college degree is preferred
  • A minimum of 1-3 Years of sales or marketing related experience
  • Strong prospecting skills
  • Ability to set, manage and document agreed outcomes of successful meetings
  • Keen curiosity about businesses, how they work and specifically AP/Finance/Expense operations
  • Strong presentation skills
  • Excellent communication skills, including one on one, small virtual setting and in front of a larger group
  • Ability to analyze AP/Expense processes to determine the best solution fit
  • Technology skills and the proven ability to use email, Zoom, SFDC, other sales tools as needed to increase sales efficiency
  • Comfort professionally pushing back on and negotiating with customer to drive a better deal/outcome for Emburse
  • Ability to work with internal and external partners to a mutually agreed outcome
Responsibilities
  • Prospect new Small Business opportunities from pool of targeted leads (from qualifying to negotiating and closing)
  • Articulate the company's service, benefits, and processes to potential clients through all outlets (phone, email, online meetings, and in-person)
  • Partner with sales managers and execute sales strategies to grow revenues within the customer base as well as through new customer acquisition
  • Develop influential relationships and sales leads through partner/channel and other open networking efforts
  • Collaborate with sales management on sales opportunities and obstacles
  • Effectively demonstrate Emburse SaaS solutions with strong presentation skills
  • Effectively lead sales opportunities throughout the entire sales process (Qualification to Close)
  • Collaborate with sales management on sales opportunities and obstacles
  • Participate in company-organized sales and marketing events as required SME in Expense Management
  • Work both inbound and outbound leads to generate a robust pipeline of large-size businesses
  • Present Emburse's solutions via web presentation to potential clients
  • Learn and develop new, creative sales techniques and strategies
  • Position yourself to be an industry expert in AP, Expense and Business needs of an SMB level business
  • Meet or exceed monthly sales targets according to sales plan
  • Maintain an adequate number of new prospect meetings and continuously building pipeline to exceed quarterly and annual business objectives
  • Participate in weekly sales meetings and articulate market feedback to management
  • Assess market opportunities and develop territory plan to meet revenue objectives
  • Mentor and help onboard new sales executives
  • Must exceed annual sales quota at least two times in the past
  • Annual Quota: $400,000

Emburse automates accounts payable processes and expense management for businesses. Its software solutions help organizations manage invoices and expenses more efficiently by providing tools for invoice capture, approval routing, and faster payments. This automation reduces the need for additional staff in accounts payable and helps prevent cash flow issues. Emburse differentiates itself from competitors by offering personalized support and seamless integration with various technology solutions, ensuring smooth data flow. The company's goal is to simplify financial workflows, allowing businesses to save time and money while improving spend visibility and control.

Company Stage

Seed

Total Funding

$120K

Headquarters

Los Angeles, California

Founded

2015

Growth & Insights
Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Simplify Jobs

Simplify's Take

What believers are saying

  • The partnership with American Express to offer virtual card issuance and expense management can significantly enhance Emburse's market position and customer base.
  • Emburse's continuous innovation, including the introduction of Emburse Book and enhanced AI features, positions it as a leader in the travel and expense management sector.
  • The company's ability to address and mitigate expense fraud, especially in challenging economic climates, adds significant value to its offerings.

What critics are saying

  • The crowded fintech market requires Emburse to continuously innovate to maintain its competitive edge.
  • Integration challenges with newly acquired solutions like Tripbam could pose risks to seamless user experience and operational efficiency.

What makes Emburse unique

  • Emburse's integration of travel booking and expense management into a single platform offers a seamless experience that many competitors lack.
  • The company's focus on AI and automation in expense management, such as next-gen OCR and automated expense item creation, sets it apart in the fintech space.
  • Emburse's extensive global reach, serving clients in over 120 countries, provides a competitive edge in terms of market penetration and customer diversity.

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