Full-Time

Global Strategic Technology Sourcing Manager

Posted on 9/12/2024

Square

Square

5,001-10,000 employees

Payment and POS solutions for businesses

Fintech
Financial Services

Senior, Expert

Jackson, CA, USA

Category
Human Resources
People & HR
Required Skills
Communications
SQL
Tableau
Data Analysis
Requirements
  • Minimum 5 years of procurement/strategic sourcing experience, preferably in a high-growth technology environment
  • Solid experience leading software negotiations (SaaS), Hardware negotiations, and contract management - this is a must have
  • Proficiency in data analysis tools and techniques, such as SQL, Excel, Google Sheet, and data visualization tools (e.g., Looker, Tableau, Power BI).
  • An ability to influence others, including senior leadership. Strong communication and organizational skills, both written and verbal, interpersonal and presentation skills
  • Excels in a rapid change of pace, complexity, and preferably within a fast-paced technology or financial services environment
Responsibilities
  • Collaborate to conduct RFx, lead contract negotiation with suppliers; develop negotiation approaches, fallback positions and acceptable terms and conditions through contract completion and identify important benchmarks to measure contractual arrangements
  • Collaborate cross functionally with Legal, InfoSec, Privacy, Finance, IT, Compliance, etc. to help ensure new and existing vendors adhere to relevant requirements in these areas
  • Review existing contracts and understand requirements; form guidelines and design standard vendor contract protocols
  • Assist to establish vendor life-cycle strategy to oversee planning, sourcing and selection of new vendors, manage data for vendor performance and manage vendor off-boarding and transition
  • Support development financial analytics to support commercial term negotiations with performance dashboards and ROI-based evaluation tools
  • Identify and realization of cost-saving and cost-reduction opportunities and build a culture of long-term savings on procurement costs without compromising supply assurance or quality
  • Develop and present comprehensive business cases and impact assessments to support decision-making.
  • Analyze procurement processes, systems, and data to identify opportunities for improvement.

Square provides payment and point-of-sale (POS) solutions for businesses, particularly small to medium-sized enterprises (SMEs) like retail stores and restaurants. Its main product is a POS system that includes card readers and a software platform, enabling businesses to accept various payment methods such as credit cards and mobile payments. Square also offers additional services like invoicing, payroll management, and business analytics, making it a comprehensive tool for managing business operations. What sets Square apart from competitors is its user-friendly design and transparent fee structure, which charges a small fee per transaction processed. The company's goal is to empower SMEs by simplifying payment processing and business management.

Company Stage

IPO

Total Funding

$601.2M

Headquarters

San Francisco, California

Founded

2009

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Simplify's Take

What believers are saying

  • Square's partnership with Sysco enhances its reach in the restaurant sector.
  • Embedded finance trends offer opportunities for Square to expand B2B services.
  • Square's new features for beauty and wellness sellers increase its market appeal.

What critics are saying

  • Increased competition from companies like Toast challenges Square's market share.
  • The rise of alternative digital payment platforms pressures Square to innovate.
  • Volatility in fintech stocks could impact investor confidence in Square.

What makes Square unique

  • Square offers a comprehensive suite of payment and POS solutions for SMEs.
  • The company provides user-friendly hardware and software for seamless business operations.
  • Square's transparent transaction fee structure appeals to small business owners.

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