VersapayVE

Senior Product Manager- AR Automation

Versapay is a financial technology company that specializes in accounts receivable automation software and B2B payment solutions, simplifying the invoice-to-cash process for mid-sized and enterprise businesses.

Versapay

Employee count: 201-500

Canada only
About Versapay 🚀
For growing businesses that need to accomplish more with less, Versapay’s Accounts Receivable Efficiency Suite simplifies the invoice-to-cash process by automating invoicing, facilitating B2B payments, and streamlining cash application with AI. Versapay integrates natively with top ERPs, while allowing businesses to collect with a self-serve payment portal and collaborate with customers and teammates to resolve what automation alone can’t. Owned by Great Hill Partners, Versapay’s employee base spans the U.S. and Canada with offices in Atlanta and Miami. With 10,000 customers and 5M+ companies transacting, Versapay facilitates 110M+ transactions and $170B+ in payments volume annually
Think you might be the next Veep to join? Read on!!
Our Values ⭐️ We obsess over our customers. ⭐️ We help each other. ⭐️ We embrace diversity. ⭐️ We find better ways. ⭐️ We get things done. ⭐️ We own it.

How you’ll make a big impact here – and on your career:As a Senior Product Manager on the Versapay product team, you will take ownership of our automated accounts receivable offering. Financial teams struggle with fragmented processes, relying on disconnected tools that create reconciliation challenges and operational bottlenecks. In this role, you’ll build a comprehensive suite of capabilities that automate AR team operations, accelerating cash flow management.
You will be responsible for leading a cross-functional group of engineering, design, and go-to-market team members to meet the needs of our customers and our business. At the same time, you’ll be expected to foster a high-performance culture and promote excellence of the craft of Product Management across the company.
This role is designed to drive change, both in AR team behaviour and internal operational processes, which means that a great candidate remains effective while being flexible and agile. You’ll use your intellectual curiosity, passion for product and bias toward action to steer strategy.

What you'll do:

  • In this role, you will be responsible for delivering brand-new products, driving data-led experiments and iterating existing experiences. We want to find someone who is curious, can learn quickly, think creatively, and work collaboratively.

  • User Research and Analysis: 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.
  • Unify product strategy: Set the vision and direction for the product. Identify opportunities for cross-product collaboration, standardization and unification of various product lines and execute agreed-upon strategies. Own the Product Line Operating Reviews on a quarterly basis.
  • 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 and understand who is using it and what they need to accomplish. Participate in market and technical design sessions, prototypes, and iteration planning meetings to build a product high in utility and adoption.
  • Collaborate across a complex cross-functional environment: Lead and influence across teams to ensure alignment and prioritization, ultimately resulting in timely tactical decision making to advance our objectives.
  • Identify progressive product features leveraging forward thinking technology, data, and tools, including ML or AI, that will provide a significantly differentiated value to the Versapay network suppliers and buyers helping them to drive significant efficiencies in accounts receivables.
  • Drive progress: Lead the development process from ideation to launch, including requirement gathering and 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.
  • Continuous Improvement: Foster a culture of continuous improvement by regularly seeking user feedback, conducting usability studies, and staying up-to-date with UX best practices and methodologies.

What you'll bring to the team:

  • 5+ years of experience in product management
  • Bachelor's Degree in related field and/or relevant professional experience
  • Experience working in B2B, fintech, or payments processing space
  • Experience with the following: Jira, SQL, Product Analytics tools (like Heap, Mixpanel, and/or Amplitude)
  • Proven track record of successfully launching and managing payments products in a competitive environment. Built APIs, products and complex systems at scale
  • Passionate about your customers and advocating for what is best for them.
  • “Builder” Mentality: Entrepreneurial and scrappy mindset. Ability to thrive in ambiguous environments with a track record of defining and executing net new initiatives. A desire to solve problems with no obvious path forward.
  • Excellent communication skills, both written and verbal, along with experience presenting to C-level leadership and managing stakeholders. Ability to communicate both persuasively and collaboratively across partners to deliver outstanding results. Demonstrated ability to distill complexity for both technical and business audiences.
  • Possess deep analytics thinking and proven ability to interpret information to inform decision-making.

What will make you stand out:

  • Ability to use an API client like Postman/Insomnia to verify API interactions.
  • Ability to query databases to inspect/interpret data
  • Possesses a system thinking skill set and mind set to the functional design of the product

All of our Veeps live out our core values: We look for excellence: individuals that are better than we are and not only meet our values but bring value to our teams.
Research shows that while men apply to jobs when they meet an average of 60% of the criteria, women and other marginalized folks tend to only apply when they check every box. Think you have what it takes, but not sure you check every box? Apply to the role anyways. We’d love to talk and determine together whether you could be a great fit!
We are committed to providing an environment that is inclusive and accessible. Versapay is an equal opportunity employer and considers all applicants for employment without discrimination. Please let us know if accommodation for the recruitment/interview process is required and we will work with you to make sure your needs are addressed.

About the job

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Posted on

Job type

Full Time

Experience level

Senior

Location requirements

Hiring timezones

Canada +/- 0 hours

About Versapay

Learn more about Versapay and their company culture.

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Versapay is dedicated to transforming the way businesses manage their accounts receivable (AR) and B2B payments. Many of our customers face significant challenges with manual, time-consuming AR processes that lead to inefficiencies, delayed payments, and strained customer relationships. These manual efforts often involve juggling paper invoices, chasing overdue payments, and struggling with complex cash application. This is why we developed a collaborative AR automation platform designed to simplify the entire invoice-to-cash cycle. Our customers need solutions that not only automate routine tasks but also enhance collaboration between their AR teams and their buyers. We address this by providing a shared, digital experience where suppliers and buyers can interact seamlessly.

Our platform empowers businesses to automate invoicing, streamline B2B payment acceptance, and accelerate cash application using AI and machine learning. Customers often struggle with inaccurate data entry and the complexities of reconciling payments across various channels. Versapay's solutions tackle these issues head-on, offering features like automated payment matching, dispute resolution, and real-time visibility into AR performance. This allows our clients to reduce manual effort, minimize errors, and improve their days sales outstanding (DSO). We understand that businesses are looking for ways to improve cash flow and fuel faster growth, which is why our suite of tools is designed to make billing and payments easier, ultimately strengthening customer relationships and providing a data-driven advantage. By connecting AR departments with their customers over the cloud, we help businesses reduce costs, eliminate paper-based processes, and improve overall financial health.

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