Versapay

Senior Product Manager - Cash Application

United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, SoftwareIndustries

Requirements

Candidates should have experience in product management, including end-to-end product ownership from research and ideation through implementation and improvement. A strong understanding of the product and its users, along with the ability to lead cross-functional teams and conduct market research, is required. Experience with ML or AI technologies is a plus.

Responsibilities

The Senior Product Manager will drive the product experience vision and roadmap execution, aligning with company objectives. They will lead cross-functional teams of engineering, design, and go-to-market members to meet customer and business needs. Responsibilities include iterating on existing experiences, driving data-led experiments, delivering new products, and identifying opportunities for product unification and collaboration. The role involves owning the product development lifecycle, acting as an expert on the product and customer, and partnering across teams such as Marketing, Professional Services, Sales, and Success.

Skills

Product Management
Roadmap Development
Customer Needs Analysis
Business Objectives Alignment
Cross-functional Team Leadership
Product Strategy
Product Vision
Product Execution
Market Research
Ideation
Product Implementation
Product Improvement
Commercial Metrics
Customer Success Metrics
AI
B2B Payments
Accounts Receivable
ERP Integration

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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