Posted:
10/15/2024, 5:00:00 PM
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Finance & Banking
Workplace Type:
Remote
It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Kyriba is a global leader in liquidity performance that empowers CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity. As a secure and scalable SaaS solution, Kyriba brings intelligence and financial automation that enables companies and banks of all sizes to improve their financial performance and increase operational efficiency. Kyriba’s real-time data and AI-empowered tools empower its 3,000 customers worldwide to quantify exposures, project cash and liquidity, and take action to protect balance sheets, income statements and cash flows. Kyriba manages more than 3.5 billion bank transactions and $15 trillion in payments annually and gives customers complete visibility and actionability, so they can optimize and fully harness liquidity across the enterprise and outperform their business strategy. For more information, visit www.kyriba.com.
About Kyriba
Kyriba is a global leader in liquidity performance that empowers CFOs, Treasurers and IT leaders to connect, protect, forecast and optimize their liquidity. As a secure and scalable SaaS solution, Kyriba brings intelligence and financial automation that enables companies and banks of all sizes to improve their financial performance and increase operational efficiency. Kyriba’s real-time data and AI-empowered tools empower its 3,000 customers worldwide to quantify exposures, project cash and liquidity, and take action to protect balance sheets, income statements and cash flows. Kyriba manages more than 3.5 billion bank transactions and $15 trillion in payments annually and gives customers complete visibility and actionability, so they can optimize and fully harness liquidity across the enterprise and outperform their business strategy. For more information, visit www.kyriba.com.
About the role
Kyriba is welcoming a detail-oriented Software Procurement Manager to take the helm of our software acquisition strategy. This role is not just about procuring software; it’s about ensuring that every software purchase is fully utilized, aligns with our evolving needs, and is acquired through the most advantageous channel, be it direct purchase, reseller, or cloud marketplace. The ideal candidate will possess a keen ability to manage vendor relations, negotiate contracts, and optimize software licensing to meet our dynamic requirements.
Essential duties and responsibilities
Centralized Procurement Authority: Act as the single point of contact for all software procurement requests, ensuring a streamlined approach to buying and managing software licenses. This includes being the sole purchase order (PO) requestor to prevent redundant or unaligned software purchases.
Vendor Relationship Management: Forge and maintain strategic relationships with SaaS vendors, managing all aspects from performance evaluation to contract renewal, ensuring we get competitive pricing and timely delivery of products.
Strategic Negotiation and Contract Management: Leverage strong negotiation skills to secure favorable terms with vendors, and perform thorough contract reviews and cost analyses to maximize value from our software investments.
Software Usage Optimization: Collaborate with our IT team to implement and manage systems for monitoring software utilization across the organization. Regularly review software usage to align licenses with actual needs, identifying opportunities to reduce costs by reallocating or terminating underutilized licenses.
Market Research and Vendor Sourcing: Continuously scout for new SaaS vendors and procurement channels, assessing the benefits of direct purchases vs. reseller or cloud marketplace options to ensure cost-efficiency and operational alignment.
Procurement Support: participate occasionally in procurement processes in other categories, support the team in drafting policies, procedures and process optimisation.
Stakeholder Collaboration: Work closely with internal teams to understand evolving software requirements and ensure the procurement strategy supports these needs effectively.
Compliance and Risk Mitigation: Maintain vigilant compliance with legal and regulatory standards, proactively managing risks associated with software procurement.
Education, Experience & Skills
Bachelor’s degree in Business, Supply Chain Management, or related field.
6+ years Proven experience in software procurement, including direct negotiations, vendor management, and utilization optimization.
5+ years of deep understanding of SaaS licensing models, procurement channels (direct, reseller, cloud marketplace), and related legal/regulatory requirements.
Proficient in managing centralized procurement processes and acting as the primary PO requestor.
Strong analytical skills, with a knack for interpreting data and optimizing procurement strategies.
Excellent communication skills, capable of fostering collaboration across diverse teams.
Adaptive and flexible, with the ability to thrive in a fast-paced environment and adjust strategies to meet evolving business needs.
Website: https://kyriba.com/
Headquarter Location: San Diego, California, United States
Employee Count: 501-1000
Year Founded: 2000
IPO Status: Private
Last Funding Type: Series E
Industries: Enterprise Software ⋅ Finance ⋅ Financial Services ⋅ FinTech ⋅ Payments ⋅ Risk Management ⋅ SaaS ⋅ Software