
Principal Procurement
BetterUp
full-time
Posted on:
Location Type: Hybrid
Location: Austin • California • New York • United States
Visit company websiteExplore more
Salary
💰 $180,000 - $225,000 per year
Job Level
About the role
- Define and execute a company-wide procurement strategy focused on SaaS and technology vendor.
- Serve as a strategic business partner to Legal, Finance, and business leaders, balancing cost optimization, compliance, and agility all through an AI native lens.
- Design and operationalize frameworks for risk management, contracting, and governance that align with BetterUp’s values and growth objectives.
- Advocate for the use of high-leverage tools (including AI) to streamline sourcing, contract workflows, and vendor performance tracking.
- Regularly engage with executive leadership on vendor strategy, capital planning, and investment trade-offs.
- Own the full procurement lifecycle—from sourcing and negotiation through onboarding, renewal, and offboarding.
- Deliver measurable business impact through cost optimization, supplier performance, and process efficiency.
- Build dashboards and KPIs to provide executive visibility into spend trends, savings realized, and procurement ROI.
- Establish scalable procurement policies and controls to support audit readiness and future public-company compliance.
- Lead continuous improvement through retros, sprints, and cross-functional experimentation.
- Collaborate with Legal, Finance, Security, and IT to ensure vendors meet contractual, financial, and data privacy requirements.
- Partner with department leaders to forecast spend, identify savings opportunities, and prioritize vendor consolidation.
- Educate internal teams on procurement best practices, creating a culture of transparency, accountability, and collaboration.
- Create the roadmap for a scalable procurement organization, including team design, resourcing, and capability growth.
- Build the business case for future hiring, system investments, and advanced analytics to enhance decision-making.
- Stay informed on SaaS market dynamics, category trends, and supplier innovations to inform strategy and vendor negotiations.
Requirements
- 10+ years of procurement, strategic sourcing, or vendor management experience—preferably in a high-growth SaaS or technology environment.
- Deep expertise in SaaS vendor strategy, contracting, and lifecycle management.
- Proven success driving measurable savings, efficiency, and risk reduction while supporting business velocity.
- Strong negotiation skills and familiarity with complex commercial agreements, risk allocation, and data protection requirements.
- Experience building or transforming procurement functions and implementing procurement systems (Coupa, Zip, Ironclad, or similar).
- Strategic, data-driven, and relationship-oriented leader who can influence at all levels of the organization.
- Exceptional communication and storytelling skills with the ability to translate procurement impact into business outcomes.
- A proactive, adaptable mindset—comfortable leading through ambiguity and driving clarity across multiple teams.
Benefits
- Access to BetterUp coaching; one for you and one for a friend or family member
- A competitive compensation plan with opportunity for advancement
- Medical, dental, and vision insurance
- Flexible paid time off
- All federal/statutory holidays observed
- 4 BetterUp Inner Workdays (https://www.betterup.co/inner-work)
- 5 Volunteer Days to give back
- Learning and Development stipend
- Company wide Summer & Winter breaks
- Year-round charitable contribution of your choice on behalf of BetterUp
- 401(k) self contribution
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
procurementstrategic sourcingvendor managementcontractingrisk managementcost optimizationsupplier performancedata protectionSaaS vendor strategylifecycle management
Soft Skills
negotiationcommunicationstorytellingrelationship-orientedinfluencingadaptabilityproactivitycollaborationtransparencyaccountability