Full-Time

Account Executive II

Confirmed live in the last 24 hours

Versapay

Versapay

201-500 employees

Automates accounts receivable processes for businesses

Enterprise Software
Fintech

Compensation Overview

CA$85k - CA$95kAnnually

Mid, Senior

Remote in Canada

Category
Inside Sales
Sales & Account Management
Required Skills
Sales
Salesforce

You match the following Versapay's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 3-5 years of B2B SaaS sales experience - bonus points for previous experience in a tech startup selling into finance and exposure to accounting (even if it’s limited). At least one year handling some enterprise deals
  • Preferably a decent understanding of the payments industry, multiple merchant statements, interchange, fees, etc.
  • Able to close mid-market deals without executive sponsorship. Able to close Enterprise deals with executive-level engagement
  • A competitive attitude with an aptitude for developing your own business opportunities and seeing them through to the final sale
  • Strong track record of success crushing sales quotas and comfortable closing deals with an average selling price of $50K+.
  • Great energy that people gravitate toward and can sell the vision of digital transformation in the invoice-to-cash process to create a customer-centric experience for our clients’ end-customers. This is both an emotional sale for an innovative solution with your Technical Users and Buyers and a rational one that delivers excellent ROI for your Economic Buyers
  • A Challenger- able to lead with commercial insight, teaching your customers, tailoring your conversations, and taking control of the sales process
  • A natural learner- Curious, confident and enthusiastic. You love to ask questions and deeply understand your customer’s problems.
  • Well organized and can manage many moving pieces at once, coordinating internal teams to bring the best that Versapay can offer your clients.
  • Process-oriented and an expert at maintaining excellent pipeline hygiene and accurate forecasting.
  • A bias toward action, love to dive in and get stuff done, overdelivering on expectations and creating plans to close gaps in the forecast as they arise.
Responsibilities
  • Represent the Versapay brand as one of the first points of contact with potential customers! That means articulating the value proposition and educating prospects on how our product can provide a customer-centric experience to get paid faster, streamline their operations and reduce DSO and costs.
  • Sell our famous accounts receivable automation, collaboration, and cash application solution as well as embedded ERP digital payments solution to make these companies much more efficient and to enable them to create a better customer experience.
  • Sell the vision of Digital Transformation as it pertains to the Invoice-to-Cash process to create a very customer-friendly experience for your clients’ end customers. This is both an emotional sale for an innovative solution and one that delivers a great ROI.
  • Own your patch and set a strategy for where we target business. Travel to meet clients and partners (when we can) and, from time to time, represent us at trade shows and industry events.
  • Educate and guide prospects through the buyer’s journey, dissecting and qualifying their business goals to determine if Versapay can be a strategic investment for them to get paid faster and provide a great online experience for their customers.
  • Learn how a CFO or CIO thinks about their business and what Controllers and Treasurers value most. As you learn about digital payments and the flow of money, create amazing relationships and inspire these stakeholders to push the boundaries of their financial operations with our platform and payment services.
  • Convert qualified leads from our BDR team into opportunities and close new business consistently at or above quota level, collaborating with your BDR counterpart on the outbound targets and campaigns, managing a growing funnel of opportunities in Salesforce and using other tools to give you a defined approach.
  • Sharing your past experiences on how we can approach a problem and ultimately contribute to our awesome culture and make Versapay a great place to learn, grow and accelerate careers! Your voice matters and we always test and try before we go all in on the Sales team.
Desired Qualifications
  • Bonus points for previous experience in a tech startup selling into finance and exposure to accounting (even if it’s limited).
  • Preferably a decent understanding of the payments industry, multiple merchant statements, interchange, fees, etc.

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. Unlike many competitors, VersaPay operates on a subscription-based model, providing a steady revenue stream while also charging transaction fees for processed payments. The company's goal is to improve the efficiency of AR processes and capitalize on the growing demand for digital financial solutions.

Company Size

201-500

Company Stage

IPO

Total Funding

$18.7M

Headquarters

Toronto, Canada

Founded

2006

Simplify Jobs

Simplify's Take

What believers are saying

  • Versapay's network grew 5X in 18 months, reaching 5 million businesses.
  • The mid-market's digitization needs align with Versapay's Accounts Receivable Efficiency Suite.
  • Experienced executives like Ed Neumann and Gaby Kozakov bolster Versapay's growth strategy.

What critics are saying

  • Emerging fintech startups like Zūm Rails pose competitive threats to Versapay.
  • Virtual cards' rise may reduce demand for traditional accounts receivable solutions.
  • Relocating headquarters to Miami-Dade may disrupt company culture and operations.

What makes Versapay unique

  • Versapay offers a cloud-based invoice-to-cash solution enhancing customer experience and payment speed.
  • The ARC platform provides a customizable self-service portal for efficient invoicing and payments.
  • Versapay integrates with various ERPs, automating accounts receivable processes for diverse businesses.

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Benefits

Remote Work Options

Flexible Work Hours

Company News

PYMNTS
Oct 15th, 2024
Cutting The Checks: Boosting Commercial Payment Speed And Security With Virtual Cards

01 Corporate and commercial payment delays can tie up working capital, inhibit growth and exacerbate inefficiencies. Virtual cards offer a modern solution that minimizes cash flow volatility. 02 Traditional payment methods are increasingly susceptible to fraud, potentially leading to financial loss and reputational damage. By contrast, virtual cards offer built-in, digital safeguards against fraud. 03 Optimizing cash flow and minimizing operational friction are critical to maintaining long-term B2B relationships. Virtual cards check all the boxes for companies looking to streamline operations while increasing customer and supplier satisfaction

BetaKit
Aug 12th, 2024
Is Canadian FinTech making a comeback?

At the early stages: Shopify and Bench alums raised $11 million CAD in seed funding for Teal; Flinks and Versapay alums raised a $10.5-million Series A for Zūm Rails; Chexy, which aims to disrupt the rent payment space, raised $4.1 million CAD in seed financing.

EIN News
Jul 30th, 2024
The Top Accounts Receivable Automation Software According to the FeaturedCustomers Summer 2024 Customer Success Report

Market Leaders - Bill.com, BillingPlatform, Billtrust, BlackLine, Esker, HighRadius, Sage Intacct, Stripe, and Versapay were given the highest "Market Leader" award.

Refresh Miami
Jun 28th, 2024
Two Years After Dadesystems Acquisition, Versapay Sees Explosive Growth, Plants Its Hq In Miami-Dade

By Nancy DahlbergVersapay has been quietly growing quite explosively since it acquired the homegrown DadeSystems in 2022 to broaden its accounts receivable automation solutions, expand its AI and machine learning capabilities, and grow its mid-market footprint. Last October, the financial technology company, formerly headquartered in Toronto, relocated its corporate base to Miami-Dade’s Dadeland area.Today, Versapay says 5 million businesses transact on the Versapay payments network, amounting to a 5X growth in the network since hitting the 1 million milestone just 18 months ago.At a time of high costs for capital and surging fraud, the growth milestone shows that mid-market companies in particular are looking to Versapay for their secure, reliable transactions, said CEO Carey O’Conor Kolaja. The middle market makes up about a third of private sector GDP and employment.“We believe the future of mid-market business growth hinges on technology partners that have proven confidence and fidelity in moving money. Five million businesses on our network speaks volumes to trust, security, and especially efficiency in transacting with Versapay,” Kolaja, an industry veteran with 25+ years of financial services executive leadership experience, said in a statement.Versapay is a remote-first company with about 400 employees, including about 20 in South Florida. Vice President of Engineering Doug Hathaway said that after the 2022 acquisition of DadeSystems, he and the team stayed on. Hathaway was the founding CTO of DadeSystems, and was even involved in writing the first lines of code in 2011 for a product that is still one of Versapay’s key products today.Doug Hathaway, Versapay’s VP of Engineering

PR Newswire
Jun 26th, 2024
Versapay Announces Christy Johnson as Chief Product Officer and Barrett Smith as Chief Payments and Customer Operations Officer

Versapay announces Christy Johnson as Chief Product Officer and Barrett Smith as Chief Payments and Customer Operations Officer.