Senior Product Manager at Versapay

New York, New York, United States

Versapay Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
FinTech, Financial ServicesIndustries

Requirements

  • Intellectual curiosity, passion for product, and bias toward action to steer strategy
  • Ability to remain effective while being flexible and agile in driving change
  • Curious, quick learner, creative thinker, and collaborative worker
  • Experience leading cross-functional teams (engineering, design, go-to-market)
  • Ability to foster a high-performance culture and promote excellence in Product Management

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 agreed-upon strategies
  • Own the Product Line Operating Reviews on a quarterly basis
  • Lead product end-to-end as part of dedicated squads throughout the entire 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 and technical design sessions, prototypes, and iteration planning
  • Collaborate across a complex cross-functional environment; lead and influence teams to ensure alignment, prioritization, and timely tactical decision-making
  • Identify progressive product features leveraging forward-thinking technology, data, and tools (including ML or AI) to provide differentiated value and drive efficiencies in accounts receivable
  • Lead the development process from ideation to launch, including requirement gathering, product requirement documents, technical specifications, user testing, and launch strategy
  • Define and prioritize the 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
  • Drive continuous improvement

Skills

Product Management
Accounts Receivable
AR Automation
Cross-functional Leadership
Data-led Experiments
Product Strategy
Agile
Customer Needs Analysis

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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