BetterUp · 1 day ago
Principal, Procurement
All, MO
Full-time
Hybrid
Lead/Staff
$180K/yr - $225K/yr
10+ years expBetterUp is a company focused on human transformation, seeking to redefine the employer/employee relationship. They are looking for a Procurement Principal to design and scale a modern procurement function that enhances financial discipline and operational efficiency, particularly with SaaS and technology vendors. This role will initially be an individual contributor position with potential for leadership as the function matures.
Artificial Intelligence (AI)ConsultingCorporate TrainingHuman ResourcesPersonal Development
Responsibilities
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
Operate as a connector and advisor, helping teams move faster through clear processes and thoughtful decision-making
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
Qualification
Required
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
Company
BetterUp
BetterUp provides AI and human coaching to improve leadership, management, and employee performance across organizations.
501-1000 employees
H1B Sponsorship
BetterUp has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (3)
2023 (6)
2022 (7)
2021 (4)
2020 (5)
Funding
Current Stage
Late StageTotal Funding
$570.01MKey Investors
ICONIQ GrowthLightspeed Venture PartnersThreshold
2024-02-28Series Unknown· $0.21M
2021-10-08Series E· $300M
2021-02-25Series D· $125M
Leadership Team
Alexi Robichaux
CEO & Co-Founder
Ron Lewis
Senior Vice President - Chief of Staff to CEO & GM EMEA
Recent News
Salesforce Ventures
2025-12-15
Company data provided by crunchbase