Product Manager - AI/ML at Versapay

Toronto, Ontario, Canada

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

FinTech, Accounts ReceivableIndustries

Requirements

Proven track record of creating and launching products leveraging machine learning solutions that impact business customer experience at scale
Experience designing strategies for recommendation algorithms and applications that create value for users
Ability to manage products end-to-end, from early-stage research and ideation through implementation and improvement
Experience leading cross-functional groups including engineering, design, and go-to-market teams
Flexible, agile mindset effective in driving change in buyer behavior and operational processes
Intellectual curiosity, passion for product, and bias toward action to steer strategy
Curious, quick learner, creative thinker, and collaborative worker
Expertise in the product and deep understanding of customers and their needs

Responsibilities

Unify product strategy: Set the vision and direction for the product, identify opportunities for cross-product collaboration, standardization, and unification, and execute on agreed-upon strategies
Identify progressive product features leveraging forward-thinking technology, data, and tools, including ML or AI, to provide differentiated value to Versapay network suppliers and buyers, driving efficiencies in accounts receivables
Own the Product Development Life Cycle: Lead product end-to-end as part of dedicated squads throughout the entire development cycle, including top-end discovery and go-to-market
Be the expert on the product and customer: Know the product inside and out, understand users and their needs, and participate in market and technical design sessions, prototypes, and iteration planning to build high-utility and adoption products
Partner across teams: Lead agile cadences with designers and engineers for alignment and prioritization; collaborate with Marketing, Professional Services, Sales, and Success leaders to define and develop the product’s value proposition and utilization
Iterate existing experiences, drive data-led experiments, and deliver brand-new products
Conduct in-depth market research and user analysis to identify opportunities
Create intelligence experiences on platforms serving customers, their customers, and Versapay employees

Skills

AI/ML

Machine Learning

Product Management

Recommendation Algorithms

Cross-functional Leadership

Product Strategy

Customer Experience

Versapay

Automates accounts receivable processes for businesses

About Versapay

VersaPay automates accounts receivable processes for businesses, focusing on the B2B market. Its main product, the ARC platform, simplifies invoicing and payment by providing an online self-service portal where customers can receive invoices, make payments, and communicate with businesses. This portal is customizable, allowing clients to tailor the experience to their needs, which enhances customer satisfaction and retention. VersaPay operates on a subscription-based model, charging clients a recurring fee for access to the ARC platform, along with potential transaction fees for processed payments. This focus on customer-friendly solutions sets VersaPay apart from competitors in the financial technology sector, which is rapidly growing due to the demand for digital business solutions. The company's goal is to improve the efficiency of accounts receivable processes, making them more secure and user-friendly for businesses and their customers.

Toronto, CanadaHeadquarters

2006Year Founded

$18.7MTotal Funding

IPOCompany Stage

Enterprise Software, FintechIndustries

201-500Employees

Benefits

Remote Work Options

Flexible Work Hours

Risks

Emerging fintech startups like Zūm Rails pose competitive threats to Versapay.

Relocating headquarters to Miami-Dade may cause operational and cultural challenges.

New executive appointments could lead to strategic shifts affecting client relationships.

Differentiation

Versapay offers a cloud-based invoice-to-cash solution for superior customer experience.

The ARC platform provides a customizable self-service portal for efficient invoicing and payments.

Versapay integrates with various ERPs for automatic payment reconciliation and real-time insights.

Upsides

Versapay's network grew 5X in 18 months, now serving 5 million businesses.

The mid-market's demand for digital AR solutions presents growth opportunities for Versapay.

Versapay's focus on secure transactions aligns with the trend towards virtual card adoption.

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