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VP Sales

VP of Sales   

Procurify is the AI-enhanced Procurement, AP, Expense & Payment automation platform for the Mid-Market. We make it easy for organizations to take control of spend and save money. We’re looking for a talented and team-driven VP of Payments to join us on our journey.

Location:
USA (100% Remote)
Canada (100% Remote)

ABOUT THE ROLE

Procurify is in the market for a domain expert who’s ready to move mountains to be our VP of Sales.  This is a literal “break the ceiling” opportunity - the growth potential of our platform in the mid-market is limitless (if done right). This individual needs to be obsessed with our customers, our people and our product. 

You’ll own the Sales and Business Development team and tenaciously build out the short and long-term playbooks. You’ll drive revenue growth by collaborating closely with business leaders across key functional areas, including product, engineering, sales and marketing, account management, and finance.

What you’ll be working on

Revenue Growth and Expansion

  • Drive aggressive revenue growth targets - expanding into new verticals, upselling, and improving sales processes.

  • Manage all of the numbers up and to the right 

Team Leadership and Development

  • Lead, coach, and scale the sales team - we want top performers! Get into the deal details to coach the right behaviors 

  • Create better domain expertise on the team and help them dominate selling into the office of the CFO

  • Constantly network - right people, right seats should be your manta

Forecasting and Pipeline Management

  • We’re looking to hit 4X our pipeline - relentlessness is key

  • Partner with Finance, Marketing and Partnerships to drive accuracy and predictability 

Drive GTM and R&D Feedback Loops

  • Aggregate customer feedback on weigh in on the Product Roadmap - represent what our customers want/need and what how we’re going to sell it 

  • Iterate and continuously improvement pricing packages and positioning 

Sales Operations Optimization

  • Implement and refine sales processes, CRM systems, and performance metrics.

  • Optimize the use of sales tools and technologies to improve efficiency.

KPIs you’re going to hit:

Revenue Growth

  • Achieve and exceed monthly, quarterly, and annual revenue targets.

  • Year-over-year growth rate for both new customer acquisition and expansion revenue

Customer Acquisition Cost (CAC) vs. Customer Lifetime Value (CLTV)

  • Ensure the ratio of CLTV to CAC remains healthy, indicating that customer acquisition efforts are profitable over the long term.

Sales Quota Attainment

  • Percentage of sales team hitting their quotas on a monthly/quarterly basis.

  • Teamwide attainment of overall revenue targets.

Churn Rate

  • Keep churn rate at a minimum to ensure customer retention and recurring revenue stability, and work closely with Procurify’s CX team to ensure customer success.

Sales Cycle Length

  • Track and aim to shorten the average sales cycle length, indicating efficiency in closing deals.

Pipeline Health

  • Value of the sales pipeline, including the number of opportunities, size, and movement through stages.

  • Pipeline coverage ratio (pipeline value compared to revenue targets).

Forecast Accuracy

  • Ensure sales forecasts are accurate, minimizing the gap between forecasted and actual sales.

Sales Productivity

  • Average revenue per sales rep and overall team productivity.

  • Time spent on selling activities vs. administrative tasks.

Market Penetration and New Market Development

  • Percentage of revenue coming from new markets or verticals targeted in the growth plan.

Who we’re looking for 

  • 10+ years of professional experience, with 2+ years in sales leadership roles

  • Domain expertise in Procurement, Expense, AP, Payments or ERP/Financials sales

  • Proven success in SaaS sales, particularly in commercial or mid-market segments

  • Demonstrated experience leading sales teams in a remote environment,  across diverse geographies, with an understanding of regional dynamics and business practices

  • A track record of achieving or exceeding revenue targets in a high-growth environment

  • Strong people leadership skills, with a focus on developing talent, driving engagement, and building inclusive cultures

  • Values alignment with how we operate - make bold decisions, leverage data, employ first principles thinking, over communicate everything!

  • A strong bias for execution and ability to articulate key information to stakeholders

  • Ability to challenge, change, coach and be coached

  • Exceptional emotional intelligence, exemplified by self-awareness and empathy, to gain the trust and commitment necessary for buy in and transformative change

WHY PROCURIFY?

Help us modernize spend management

Procurify is a remote-first company with a big heart and a strong ambition to modernize the way organizations manage business spend. We’re trusted by hundreds of companies around the world — across industries like biotechnology, education, health care, manufacturing, and software — to manage over $30B in spend. We recently closed $50M in Series C funding to help us strengthen our core offering, launch new payment capabilities, and provide customers with an AI-enhanced procure-to-pay experience. Read the press release here.

Be empowered to do your best work

We’ve created an environment where personal and professional growth is a real priority. Some of the great perks we offer include:

  • Flexible working: We’re a remote-first organization with flexible working hours. Work anywhere within the US & Canada! 

  • Unlimited responsible time off: Work hard, play harder. All team members can take advantage of our unlimited responsible time off policy. 

  • Extended health benefits: We prioritize our team’s health and well-being. We offer a competitive health, vision, and dental package along with an Employee Assistance Program (EAP), and a health and wellness spending account.

  • Community initiatives: We have a strong commitment to giving back to our communities, including regular volunteer days, our Donate Your Day program, and education lunch and learns.

  • Stock options: Everyone has a chance to own a part of Procurify with our competitive stock program.

  • DEI initiatives: We regularly run a diversity, equity, and inclusion roundtable where we host guest speakers and tackle the topics that matter.

  • OTE Range: $300,000 - $375,000

Work with an amazing team

We’ve welcomed team members who were boat captains, funeral directors, swing dancers, competitive gamers, plumbers, and novelists. Everyone has a story and we’re here to embrace them! 

LEARN MORE

Procurify is an Equal Opportunity Employer. We do not discriminate against any team members or applicants for employment because of race, color, disability, sex, age, national origin, religion, sexual orientation, or gender identity and/or expression.

If you feel like you don’t meet all of the requirements for this role, we encourage you to apply anyway. We know that feelings of imposter syndrome can get in the way of meeting incredible candidates, and we certainly don’t want those feelings to get in the way of meeting you! We really want to get to know you and why you're great for the role. Please avoid including your picture and age on your resume.

Apply online today and let’s start a conversation.

To learn more about Procurify, check out these resources:

Procurify Glassdoor Company Review
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Procurify DE&I Review
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CEO of Procurify
Procurify CEO photo
Aman Mann
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Average salary estimate

$337500 / YEARLY (est.)
min
max
$300000K
$375000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About VP Sales, Procurify

Are you a seasoned sales expert eager to make a significant impact? Procurify is on the lookout for a dynamic VP of Sales who will drive our ambitious journey as we revolutionize spend management for the mid-market with our AI-enhanced Procurement, AP, Expense & Payment automation platform. In this 100% remote role, you'll lead our Sales and Business Development team, shaping strategic playbooks that fuel impactful revenue growth while nurturing both talent and results. You will dive deep into sales processes, coaching our team to become top performers and ensuring they possess the necessary domain expertise to sell effectively to the CFO's office. Your role will also involve collaborating with cross-functional leaders from product to finance, ensuring a seamless alignment toward achieving sales success. You’ll have your eyes on the prize as you tackle significant revenue targets, maintain a healthy CAC to CLTV ratio, and enhance our pipeline management. We want you to help us achieve our vision of modernizing spend management for organizations globally. If you are passionate about driving results, developing people, and making bold, data-driven decisions, we can’t wait to see how you can amplify Procurify’s growth!

Frequently Asked Questions (FAQs) for VP Sales Role at Procurify
What are the primary responsibilities of a VP of Sales at Procurify?

As the VP of Sales at Procurify, your primary responsibilities will include driving revenue growth, leading the sales team, managing sales forecasts, optimizing sales operations, and collaborating with key business functions. You will be responsible for setting ambitious revenue targets, developing actionable strategies, and coaching the sales team to achieve their quota.

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What qualifications are needed for the VP of Sales position at Procurify?

Candidates for the VP of Sales role at Procurify should possess over 10 years of professional experience, including at least 2 years in sales leadership roles. A strong background in SaaS sales, particularly within procurement and financial domains, is essential. Proven success in remote team leadership and achieving ambitious revenue targets will also be critical.

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How does the VP of Sales contribute to Procurify's growth strategy?

The VP of Sales plays a pivotal role in Procurify's growth strategy by aggressively driving revenue targets and expanding into new market verticals. You will collaborate closely with finance, marketing, and product teams to ensure comprehensive alignment on sales goals and the execution of targeted plays that resonate with prospective customers.

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What sales metrics are critical for the VP of Sales at Procurify?

As VP of Sales at Procurify, you will need to focus on several key metrics, including revenue growth rates, customer acquisition costs relative to customer lifetime value, sales quota attainment percentages, churn rate, and pipeline health. These metrics will help guide your strategy and measure the team's success.

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What is the remote work culture like for the VP of Sales role at Procurify?

Procurify embraces a remote-first work culture, giving VP of Sales the flexibility to work from anywhere in the US or Canada. Our philosophy revolves around trust, accountability, and empowering employees to balance personal and professional growth, complemented by our commitment to fostering diversity and inclusion in our workplace.

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Common Interview Questions for VP Sales
How do you approach building a sales strategy for a new market at Procurify?

When crafting a sales strategy for a new market, I focus on comprehensive market research, understand customer pain points, and assess competitive dynamics. Collaborating with marketing and product to tailor our offerings based on customer feedback is essential for effective market penetration.

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Can you describe your experience leading remote sales teams?

In leading remote sales teams, I prioritize clear communication, regular check-ins, and cultivating a strong team culture. I leverage technology to maintain engagement and provide real-time support while empowering team members to take ownership of their sales roles.

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What do you believe is the key to sales team development?

I believe the key to sales team development lies in individualized coaching, fostering accountability, and encouraging continuous learning. By creating a safe space for feedback and professional development, team members can thrive and achieve their potential.

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How do you manage your pipeline effectively?

Effective pipeline management involves regularly reviewing sales forecast accuracy, ensuring alignment with marketing, and tracking opportunities through each stage. I use CRM tools to maintain visibility and prioritize deals based on their potential impact on revenue.

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Describe a challenging sales target you achieved and how you did it.

One notable experience was when I needed to increase our annual revenue by 40%. By identifying high-potential verticals, refining our value proposition, and implementing a targeted outreach campaign, my team exceeded the goal with innovative strategies and strong execution.

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What techniques do you use to keep the sales team motivated?

To keep my sales team motivated, I set clear goals, celebrate wins, and foster healthy competition. I also prioritize professional growth through training and development opportunities, which helps cultivate individual confidence and team cohesion.

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How do you handle a situation with a struggling team member?

When encountering a struggling team member, I engage in open and constructive conversations to identify underlying issues. Together, we develop an action plan with targeted support, coaching, and resources to help them regain confidence and performance.

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What do you consider when evaluating a sales tool or technology?

When assessing a sales tool, I consider its usability, integration potential with existing systems, and impact on team efficiency. Gathering feedback from the team also ensures that the tool aligns with our sales process and enhances productivity.

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How do you ensure customer feedback is integrated into sales strategies?

I believe in a feedback-driven approach. I regularly aggregate customer insights and align these with our product and sales strategies to ensure our offerings continue to meet market needs and drive long-term relationships.

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What is your approach to pricing strategy development?

In developing pricing strategies, I analyze market data, customer expectations, and competitive positioning. Based on this information, I collaborate with product and finance teams to create compelling pricing packages that reflect our value while ensuring profitability.

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Everything we do at Procurify is driven by our four key values: Humility, team, passion, and finding a better way. We believe that anything worth doing - is worth doing ridiculously. When it comes to our team, Procurify aims to unlock the potenti...

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Full-time, remote
DATE POSTED
January 14, 2025

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