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RckChlkG33k

AE (Account Executive)

Big Shot
Politicker
Valued Contributor
+7

What's the smallest amount you've ever seen need CEO/President approval?

We're just finishing a pilot and we need a PO for (checks notes) $13,999, but the SR VP of OPS says he can't cut a PO for that much.


I'm at a loss. So savages, what's the lowest amount you've ever seen need approval from the CEO/President?

https://www.google.com/url?sa=i&url=https%3A%2F%2Ftenor.com%2Fsearch%2Fyou-have-no-power-here-gifs&psig=AOvVaw2wpxC9nbAI1WIoIWzsmBxl&ust=1669930794730000&source=images&cd=vfe&ved=0CA8QjRxqFwoTCLj3lpHv1vsCFQAAAAAdAAAAABAE
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13 comments

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Sunbunny31
Politicker
3
Sr Sales Executive 🐰
$100K at a MM company. And it wasn't the CEO, it was the C level in charge of the budget that was being tapped.
Diablo
Politicker
3
Sr. AE
Haven’t been there but curious to know what’s the proposed solution?
RckChlkG33k
Big Shot
0
AE (Account Executive)
I’m in manufacturing SaaS and the spending authority structures are pretty damn ridiculous
CuriousFox
WR Officer
3
🦊
I mean government accounts always have weird ass rules. 🤷‍♀️
antiASKHOLE
Tycoon
2
Bravado's Resident Asshole
5k lol
RckChlkG33k
Big Shot
1
AE (Account Executive)
This makes me feel better. That said, the customer in question does about $171MM annual revenue so I’m still baffled
antiASKHOLE
Tycoon
2
Bravado's Resident Asshole
The guy I am referencing does over $100MM in rev through all of his businesses. But when it comes to his hotels, he is a penny pinching fool.
BlueJays2591
Politicker
1
Federal Business Dev Director
For 14k? That's ridiculous. Thats a director approval amount of money
Kosta_Konfucius
Politicker
1
Sales Rep
Not 100% sure but I believe it’s 100k
0PercentCloseRate
Politicker
1
Oh boy
I recently had a VP at a >$8Billion company who couldn't authorize above $5k
TennisandSales
Politicker
0
Head Of Sales
Yikes! That’s pretty small. How did you handle that?
RckChlkG33k
Big Shot
1
AE (Account Executive)
As well as I could. I’m in manufacturing SaaS and the spending authority structures are pretty damn ridiculous. You could tell the champion (Engineering Manager) was pretty frustrated, and I reminded him that he’d end up saving the $14k in maybe at most a month based on our ROI calculations.
Blue_Turtle
Opinionated
0
sdr
I had a prospect say they were bought by a small PE firm and they needed approval from someone in the C suite for anything over $500. It’s so crazy that it was probably bullshit, but who knows.

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