Senior Product Manager at Versapay

Toronto, Ontario, Canada

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

FinTech, Accounts Receivable, Financial SoftwareIndustries

Requirements

Intellectual curiosity, passion for product, and bias toward action
Ability to learn quickly, think creatively, and work collaboratively
Flexible and agile mindset to drive change in AR team behavior and internal processes
Experience leading cross-functional teams (engineering, design, go-to-market)
Expertise in fostering high-performance culture and product management craft

Responsibilities

Conduct user research to understand customer needs, behaviors, and pain points; analyze data to inform product decisions and improve user experience
Conduct in-depth market research and user analysis to identify opportunities for payments products
Set the vision and direction for the product; identify opportunities for cross-product collaboration, standardization, and unification of product lines; execute strategies
Own the Product Line Operating Reviews on a quarterly basis
Lead product end-to-end as part of dedicated squads throughout the development cycle, including discovery and go-to-market
Be the expert on the product and customer; know the product inside and out, understand users and their needs; participate in market/technical design sessions, prototypes, and iteration planning
Collaborate across cross-functional teams to ensure alignment, prioritization, and timely decision-making
Identify progressive product features leveraging forward-thinking technology, data, and tools (e.g., ML or AI) for differentiated value in accounts receivables
Drive progress from ideation to launch: gather requirements, create product requirement documents and technical specifications, conduct user testing, and develop launch strategy
Define and prioritize product/feature backlog, develop epics, and write user stories
Create customer-facing and internal documents, presentations, articles, and training
Deliver brand-new products, drive data-led experiments, and iterate existing experiences
Promote continuous improvement

Skills

Key technologies and capabilities for this role

Product ManagementAccounts ReceivableAR AutomationCross-functional LeadershipData-led ExperimentsProduct StrategyAgileCustomer Needs AnalysisEngineering CollaborationDesign CollaborationGo-to-Market

Questions & Answers

Common questions about this position

What is the employment type for this Senior Product Manager role?

This is a Regular Full-Time position.

What salary or compensation does this role offer?

This information is not specified in the job description.

What key skills are required for the Senior Product Manager position?

Key skills include conducting user research and analysis, unifying product strategy, owning the product development life cycle, and being an expert on the product and customer. The role demands intellectual curiosity, passion for product, bias toward action, flexibility, agility, quick learning, creative thinking, and collaborative work.

What is the company culture like at Versapay?

Versapay fosters a high-performance culture, promotes excellence in Product Management, and emphasizes cross-functional collaboration with engineering, design, and go-to-market teams.

What makes a strong candidate for this Senior Product Manager role?

A strong candidate remains effective while being flexible and agile, demonstrates intellectual curiosity and passion for product with a bias toward action, and excels in user research, strategy unification, product lifecycle ownership, and customer expertise.

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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