Souls are sold in exchange for a misleading commission scheme - Senior Account Executive AspenTech Employee Review

2.0
Jun 26, 2021
Recommend
CEO approval
Business Outlook

Pros

Salary competitive, beyond that there is little enjoyment and now travel has been removed, there is nothing remaining to soften the daily grind. The company do have a policy of diversity in their recruitment but choosing ability over diversity would serve them better.

Cons

Treated as juniors that do not have experience despite 25 years in the industry. Sales team are required to record presentations to get approval from even less experienced managers. Reporting is line by line word by word with little regard to the real progress made in securing deals, instead focussing on the process which has been dreamt up by people with little or no real experience. The middle management are little more than "yes men" highly skilled at filling in spreadsheets on a daily basis aspiring to fit in at higher level one day. This is highly unlikely as the path to the top is secured based on nepotism not ability. In Europe they even have "leaders" that try to drive the sales team and solution consultants without ever having visited a client! I would not advise joining this company under any circumstances. Avoid.

Explore other reviews about AspenTech

5.0
May 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Well run company with smart people.

Cons

At the lower end of salary bands

3.0
May 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Good products with large customer base. Product development is innovative and willing to work directly with customers. Base pay for sales reps is improving after the acquisition by Emerson Electric. The Emerson Electric acquisition is received positively by the customers. Internal training is good and readily available. Collaboration between the various departments is excellent.

Cons

New management is focused on running the sales organization by spreadsheet metrics vs. obtaining and improving customer relationships. Product pricing and sales approval processes are very complex. Customers are seen as captives and when they request reasonable changes to their contract, they are often denied if there is not significant revenue growth (results in bad relationships). Sales management is spending more time in internal meetings than with customers and their reps.

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