Contract Manager
The Role
We are looking for an experienced Contract Manager with a focus on renewals to manage and optimize our contract renewal process. The ideal candidate will possess a deep understanding of SaaS contracts, exceptional negotiation skills, and a track record of successful contract management. Reporting to the COO, you will work closely with our customer success, sales, and finance teams to ensure smooth renewal operations and foster long-term client relationships.
Key Responsibilities include, but not limited to:
Contract Renewal Management:
- Oversee the end-to-end renewal process for all SaaS contracts.
- Develop and execute strategies to maximize renewal rates and revenue growth.
- Prepare and review contracts, ensuring accuracy and compliance with company policies.
Client Engagement:
- Act as the primary point of contact for clients during the renewal phase.
- Address client inquiries, resolve issues, negotiate terms to ensure mutual satisfaction.
- Build and maintain strong relationships with clients with client procurement to ensure efficient processing of renewals and expansion opportunities
Collaboration and Coordination:
- Collaborate with customer success and finance teams to streamline the renewal process and address any contractual or financial concerns.
- Provide insights and recommendations to improve the renewal process and enhance client experience.
- Coordinate with the customer success team to understand client needs and tailor renewal offers accordingly.
Documentation and Reporting:
- Maintain accurate records of all renewal contracts, amendments, and correspondence.
- Generate regular reports on renewal performance, including metrics on renewal rates, revenue, and client feedback.
- Ensure all contract documentation is up-to-date and compliant with company standards.
Compliance and Risk Management
- Monitor and manage contract compliance to mitigate risks and ensure adherence to terms and conditions.
- Identify potential issues or discrepancies and work with relevant teams to resolve them promptly.
What you need to succeed:
- Deep connection with our mission.
- Bachelors degree in Business Administration, Law, or a related field; advanced degree or certification in contract management is a plus.
- Prior experience in an organization without internal legal counsel.
- Proven experience (5+ years) in contract management in SaaS renewals.
- Exceptional negotiation, communication and interpersonal skills.
- Proficiency in contract management software and CRM tools.
- Love for teamwork and commitment to building a world-class, enterprise-level global customer experience together.
- Ability to adapt quickly in a fast-paced environment, and an interest in helping build sustainable processes.
Background
Helping large companies innovate isn’t easy, but it is vital. Vital to creating new jobs, vital to igniting growth, vital to ensuring a safe, healthy and prosperous future for billions around the globe.
But, innovation at large companies is a mess. Employees often have lots of ideas to improve the business, but, with no formal process, their ideas go unheard, and they eventually give up trying to make a difference. Corporate innovation teams are expected to support a growing list of activities but have historically lacked strong tools designed for the job. Executives, despite having millions to invest, live in fear of disruption, and still have no idea where their “next big idea” will come from, or if it will come at all.
At Brightidea, we’ve built a software platform that’s solving these problems. We’ve been helping organizations be more efficient with the 1.5 trillion dollars invested in R&D annually.
Our Company & Culture
We are a tight-knit, entrepreneurial minded team of self-starters who show up every day with a singular mission: to create a world where the best ideas win. Our primary focus this year is to continue to add exceptionally talented and motivated individuals to the Brightidea team. We are ambitious, bold, highly-collaborative, focused, and we aim to win. We take a humble approach to changing the way corporate R&D teams run innovation challenges.
Anyone joining our company will have the opportunity to shape the culture and be an integral part of setting it up for long term success. If you identify with being humble, T-shaped, and relentlessly resourceful then this could be the perfect team for you to shine in.
Brightidea believes that everyone has the ability to make a difference and that a diverse team generates more innovation and bigger ideas. Just as our product invites organizations to crowd source innovation across their workforce, Brightidea is inclusive and does not discriminate. We accept everybody.
Our Team
Brightidea believes that everyone has the ability to make a difference and that a diverse team generates more innovation and bigger ideas. Just as our product invites organizations to crowd source innovation across their workforce, Brightidea is inclusive and does not discriminate. We accept everybody.
Compensation
$90,000 - $165,000 OTE depending on geographic location and level of experience.
What We Do
Brightidea is the #1 Customer Rated Idea Management platform on the market. There are over 2.5 Million users worldwide, and $15+ billion in recorded business impact.
We are designed to fit any size, scale, or level of maturity when it comes to idea or innovation management. Brightidea helps you harness the power of ideas to help you foster a culture of innovation within the company.
Our focus is not only giving organizations the ability to readily crowdsource ideas and build on strategic plans, but also back every idea with complex data points to help you track, manage, and prioritize ideas to ensure the best ideas always win.
With offices in San Francisco and New York City, we’ve worked with over 300 leading global brands including Accenture, GM, Amazon, Verizon and T-Mobile, John Deere, PwC, AstraZeneca, Takeda, US Bank and many more to influence financial impact from ideas sourced on Brightidea software