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Account Executive, Enterprise

At Emburse our mission is to help make our users’ lives – and their businesses – better. We are dramatically transforming how organizations manage corporate expenses and invoices. We humanize work by automating manual tasks and saving users’ time, so they can focus on what matters most – their family, community, or more rewarding work. We help CFO’s give their employees a simple and amazing experience while ensuring compliance and reducing costs. Our solutions are tailored for companies from start-ups and SMBs to enterprises such as Microsoft, Pinterest, Bosch, Bill & Melinda Gates Foundation, and Estee Lauder. We have more than 18,000 customers and 12 million users globally.


Account Executives will focus on finding and closing deals with companies over 500+ employees in size.  Through a defined sales process and partnership with key sales leaders, Account Executives and Senior Account Executives will strive to meet and exceed quarterly and annual sales goals.


Essential Functions
  • Responsible for all aspects of the sales cycle, from pipeline sourcing and 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) 
  • Develop a strong understanding of the territory, competitive offerings, and marketplace.  Responsible for developing and executing a strategic territory plan 
  • Create 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 
  • Effectively demonstrate Emburse SaaS solutions with strong presentation skills 
  • Effectively lead sales opportunities throughout the entire sales process 
  • Collaborate with sales management on sales opportunities and obstacles 
  • Promote partner sales development efforts by meeting and communicating with Channel Partners regularly 
  • 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 understand the AP, Expense and Business needs of a Mid Market 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 
  • Range of $600-$900K Yearly Quota 


Education
  • High school diploma or GED 
  • Equivalent years of relevant experience may substitute  
  • Preferred: A college degree is preferred but not required


Experience - Required
  • Minimum of 5-7 years of experience selling financial SaaS solutions to companies with a minimum of 1000 employees 
  • Proven track record of closing 5-figure and six-figure ARR license deals 


Experience - Preferred
  • Proven track record of consistently finishing above annual quota 
  • Knowledge of travel and expense and/or AP/Payments management industry highly preferred 
  • Experience selling to finance personas  
  • Experience with MEDDPICC, Challenger Sale


Additional Eligibility Qualifications
  • 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 
  • Communication 
  • Attention to Detail 
  • Time Management 
  • Emotional Intelligence 
  • Active Listening 
  • Sales Execution Resourcefulness 
  • Discover Issues, Needs and Pain Points 
  • Quantify and Articulate Value 
  • Overcome Objections  
  • Prospecting (research and outreach) 
  • Solution Development 
  • Establish Executive Sponsorship  
  • Negotiation 
  • Upselling and cross-selling 
  • Data Analysis 
  • Relationship Building 


$110,000 - $110,000 a year
Plus OTE

Emburse provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Emburse complies with applicable state and local laws governing nondiscrimination in employment in every location where the company has facilities. This policy applies to all terms and conditions of employment.

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What You Should Know About Account Executive, Enterprise, Emburse

If you're ready to take your career to new heights, consider the exciting position of Account Executive, Enterprise at Emburse! Here at Emburse, our mission is all about enhancing lives—both personal and business-related—by streamlining corporate expenses and invoices. By automating tedious tasks, we help our users focus on what truly matters, whether that’s spending more time with family or diving into more rewarding professional endeavors. As an Account Executive, you will be instrumental in connecting with larger companies, especially those with 500 or more employees. Your role will involve leading them through our seamless sales process, from identifying new leads to successfully closing deals. You’ll become the trusted voice for potential clients, explaining our unique suite of services and how they can transform their expense management. You’ll work closely with sales leaders to develop strategies that not only meet but exceed sales targets. Your insights will shape our approach to the market! You'll foster relationships with both clients and partners, presenting solutions that meet the needs of enterprises such as Microsoft and the Bill & Melinda Gates Foundation. Bring your strong communication skills and a keen curiosity about business operations to this role, and be part of a team that’s making a significant impact worldwide. With your talents, we’ll continue ensuring our services bring amazing experiences for our clients, and in return, we’ll offer competitive compensation and an environment that thrives on collaboration and innovation.

Frequently Asked Questions (FAQs) for Account Executive, Enterprise Role at Emburse
What does an Account Executive, Enterprise at Emburse do?

As an Account Executive, Enterprise at Emburse, you will be responsible for managing the entire sales cycle, engaging with potential clients, and closing deals primarily with larger organizations. Your focus will be on using a strategic sales approach to develop relationships and drive revenue growth through both new customer acquisition and existing account growth.

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What qualifications are needed for the Account Executive, Enterprise role at Emburse?

To excel as the Account Executive, Enterprise at Emburse, you should have a minimum of 5 to 7 years of experience selling financial SaaS solutions to larger companies. Preferred qualifications include a proven track record of exceeding sales targets, strong presentation and communication skills, and preferably experience relating to travel and expense management.

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What is the compensation for an Account Executive, Enterprise at Emburse?

The compensation for the Account Executive, Enterprise role at Emburse starts at $110,000 per year, with the potential for additional on-target earnings. Your efforts in driving sales and acquiring new customers can also lead to significant bonuses based on performance.

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What are the benefits of working as an Account Executive, Enterprise at Emburse?

Working at Emburse as an Account Executive, Enterprise not only provides you with competitive compensation but also offers numerous growth opportunities, a collaborative work culture, and access to innovative tools that empower you to succeed. You'll be part of a mission-driven company that values work-life balance and fosters professional development.

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What does a typical day look like for an Account Executive, Enterprise at Emburse?

A typical day for an Account Executive, Enterprise at Emburse involves sourcing new leads, meeting with potential clients, presenting our SaaS solutions, and collaborating with sales management on strategies to overcome market challenges. You will balance time between prospecting, engaging with partners, and conducting follow-ups.

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What kind of clients will I be working with as an Account Executive, Enterprise at Emburse?

In the role of Account Executive, Enterprise at Emburse, you will primarily focus on large enterprises, many with over 500 employees. Your client portfolio may include notable organizations like Microsoft and Pinterest. You’ll engage with various stakeholders to understand their expense management needs.

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What skills are essential for success as an Account Executive, Enterprise at Emburse?

Successful Account Executive, Enterprise candidates at Emburse should possess excellent communication skills, strong prospecting abilities, and a deep understanding of business operations, particularly in the finance domain. Skills in negotiation, relationship building, and data analysis are equally important to thrive in this dynamic role.

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Common Interview Questions for Account Executive, Enterprise
Can you describe your experience selling financial SaaS solutions?

In your response, focus on specific examples where you successfully sold SaaS solutions to large organizations, detailing the strategies you used and how they led to closing deals. Make sure to highlight any quantifiable results and how they contributed to your previous employer's success.

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How do you approach a new sales territory?

Describe your methodology for understanding a new sales territory. Discuss how you would analyze the market, identify key players, and develop a strategic territory plan that aligns with both the company's goals and your sales objectives.

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What techniques do you use to qualify leads?

Discuss the various techniques you employ to qualify leads effectively, such as asking probing questions that uncover business needs, understanding budget constraints, and evaluating decision-making processes. Emphasize why these techniques have proven effective in your experience.

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How do you handle objections during the sales process?

Explain your approach to overcoming objections, emphasizing your ability to listen actively, empathize with clients' concerns, and present data-driven solutions that demonstrate the value of the product. Share an example where this approach led to a successful outcome.

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Can you provide an example of a successful deal you closed?

Share a detailed account of a significant deal you closed, including the challenges you faced, the steps you took to overcome them, and the positive impact it had on the client and your previous employer. Quantify your success where possible.

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What is your experience with CRM tools like Salesforce?

Discuss your familiarity with CRM software, particularly Salesforce, focusing on how you utilize it to track leads, manage customer relations, and forecast sales. Mention specific features you use to increase efficiency in sales cycles.

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How do you prioritize your tasks in a busy sales environment?

Provide insights into how you assess immediate versus long-term priorities. Mention tools or methods you use to stay organized, such as setting goals, conducting weekly reviews, and using calendars to manage your time effectively.

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Describe how you build and maintain relationships with channel partners.

Talk about strategies you employ to foster partnerships, such as regular check-ins, providing value through insights or resources, and jointly developing sales strategies that benefit both parties. Highlight the importance of trust and communication.

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What motivates you as a sales professional?

Discuss your intrinsic and extrinsic motivators, such as achieving sales goals, the thrill of closing deals, and the satisfaction of solving clients' problems. Connect these motivations to results you've produced in past roles.

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How do you stay informed about industry trends and competitors?

Explain your approach to staying informed, such as subscribing to industry publications, participating in webinars, and networking with industry professionals. Highlight how this knowledge influences your sales strategies and client engagement.

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Emburse humanizes work by empowering business travelers, finance professionals and CFOs to eliminate manual, time-consuming tasks so they can focus on what matters most.

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Full-time, on-site
DATE POSTED
November 27, 2024

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