Summary
Overview
Work History
Education
Skills
Websites
Timeline
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Lauri Kraus

Redmond,WA

Summary

As a Renewal Account Manager, I excel in blending analytical and strategic project planning to enhance sales performance and the company's profitability. My expertise lies in motivating, overseeing, and educating teams on compliant operations, in-depth product knowledge, and customer retention strategies. I am adept at assessing processes, operational constraints, strategic marketing initiatives, and follow-up actions essential for securing and maintaining successful strategic alliances, contractual commitments, and financial stability. My role as a mediator between contract clients, data providers, sales, and service teams is pivotal in forging robust relationships with recurring clients. I am a strategic and influential leader, committed to delivering tangible outcomes that contribute to the company's growth and operational advancement. Resourceful Renewal Account Manager successfully leading customers through complex sales process to contract renewal. Showcased in-depth understanding of products and services, incorporating new approaches to contract negotiation in securing continued relations with customers. 20 Years of experience serving customers as trusted advisor. Personable Renewals Account Manager with 20 Years of experience driving customer retention rates to record highs. Crosses departmental boundaries to recruit dynamic network of support in sales operations, overcoming objections and locking in innovative contract solutions. Cultivating strategic business partnerships through win-win negotiations.

Overview

15
15
years of professional experience

Work History

Renewal Account Manager

PRECISELY SOFTWARE INCORPORATED
04.2017 - Current

I have been nstrumental in establishing a new department focused on Training, Renewals, and the adoption of SaaS products as a Renewal Account Manager

  • Recognized with the Customer Success of the Year in 2018, 2020, and 2022
  • Excel in managing 300 opportunities, achieving a run rate of 97% of the quota
  • Boosting revenue by transitioning subscription and SaaS renewals from annual to multi-year agreements for both Enterprise and Small Business Accounts
  • Skillfully pinpointing leads during the renewal cycle
  • Mentoring peers, enabling them to make significant contributions to the team
  • Ensuring customer retention through a Customer Objective Review conducted 120 days before the renewal date.

Global Services Account Manager

F5 NETWORKS
01.2014 - 01.2017

I managed Renewal Sales for the Northeast, encompassing Data & Asset Management, Forecasting, and Field Sales

  • Coordinating, developing, and monitoring all sales activities and communications with technology partners and distributors
  • Strategizing with sales teams on lead generation and retention, including product education and the implementation of automation
  • Assisting sales and operations by training and mentoring new hires, leading them to achieve their quotas in the first quarter within their new territories
  • Honored with the Circle of Excellence award in 2015 for surpassing the sales quota and sustaining it at 138%.

Renewal Account Manager

EONE SOLUTIONS
01.2010 - 01.2014

In my role as a Renewal Account Manager, I was pivotal in establishing and nurturing channel sales relationships with software partners and end-users for Microsoft Dynamics

  • Key contributions included: Liaising with support, sales, and development teams to achieve a remarkable 95% renewal rate
  • Introduced new systems such as online credit card processing, significantly enhancing subscription-based renewals
  • Recruiting, training, and leading a team of 14 collectors who surpassed their quotas by 110%
  • Implementing online payment and auto-dialing systems, which contributed to a 10% increase in profitability.

Education

Central Washington University
Ellensburg, WA

Skills

  • Software & Systems Training
  • Customer Acquisition & Retention
  • Project & Program Management
  • Sales Management
  • Vendor & Business Relationship Management
  • Quality & Process Improvement
  • Attrition Planning
  • Key Account Management Solution Reselling
  • Consultative Selling and Problem Solving
  • Product Adoption
  • Sales Reports and Correspondence
  • Product Education
  • Staff Training & Development
  • Conflict Resolution & Negotiation
  • New Business Development
  • Pricing, Quotes, & Proposals
  • Sales Communications
  • Cross-Functional Team Leadership
  • Analytic Problem Solving
  • Organizational Skills
  • Client Engagement
  • Pipeline Management
  • Revenue Growth
  • Adaptability and Flexibility
  • Decision-Making
  • Sales strategy
  • Sales Targeting
  • Team building
  • Rapport and relationship building
  • Client Relationship Management
  • Sales processes
  • Closing Techniques
  • Sales Quota Management

Timeline

Renewal Account Manager

PRECISELY SOFTWARE INCORPORATED
04.2017 - Current

Global Services Account Manager

F5 NETWORKS
01.2014 - 01.2017

Renewal Account Manager

EONE SOLUTIONS
01.2010 - 01.2014

Central Washington University
Lauri Kraus