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Full-Time

Virtual Card Processor

Posted on 10/18/2024

Bill.com

Bill.com

1,001-5,000 employees

Financial platform for managing business operations

Fintech
Financial Services

Compensation Overview

$28.02 - $39.51Hourly

Junior, Mid

Draper, UT, USA

Hybrid work environment with on-site and remote work days.

Category
Sales & Trading
Finance & Banking
Required Skills
Data Analysis
Requirements
  • 2+ years of experience with payment processing
  • Bachelor’s Degree or the equivalent combination of four years of education, training, and/or work-related experience
  • Demonstrated experience using multi-channel telephony technologies, such as chat, web-portal and phone
  • Ability to juggle multiple high priority tasks, holding yourself accountable for ownership and deadlines
  • Prior experience with coaching team members around soft skills, policies, processes, and workflows
  • Passionate about research and investigation of payment exceptions; tenacious in uncovering the root cause of any issue
  • Ability to think analytically to identify qualitative or quantitative trends and take appropriate actions
  • Excellent oral and written communications skills
  • Experience with G-Suite platform is preferred
Responsibilities
  • Reviews, analyzes and resolves complex payment processing issues. Identifies and tracks patterns or potential systemic team issues in payment processing, and escalates to the appropriate stakeholders.
  • Recommends and assists with implementing process improvements for daily payment operations within the virtual card team.
  • Acts as a Subject Matter Expert on Virtual Card payment methods, addressing questions and escalations.
  • Collaborates with internal cross-functional teams (Engineering, Product, Business Enablement, Risk Operations) to enhance team processes and procedures.
  • Identifies and documents best delivery practices at the vendor level
  • Provides recommendations to optimize payment distribution by incorporating agent feedback, enhancing customer and vendor experiences, and driving efficiency and scale.
  • Focuses on increasing revenue by identifying and communicating opportunities to improve success rates at the vendor level.
  • Continuously innovates for process improvements, ensuring the team stays dynamic and adaptable as we continue to bring on new features to the virtual card product
  • Updates the instructions database and recommends changes to existing workflows based on new insights and learnings.

Bill.com provides a platform for businesses to manage their financial operations, including bill creation and payment, invoicing, expense management, and budget control. The platform automates tasks related to accounts payable and receivable, making financial processes more efficient and transparent. Unlike many competitors, Bill.com also offers access to credit lines, ranging from $500 to $5 million, along with its software services. The goal of Bill.com is to streamline financial management for small to medium-sized businesses and accounting firms, helping them gain better control and visibility over their finances.

Company Stage

IPO

Total Funding

$2B

Headquarters

Palo Alto, California

Founded

2006

Growth & Insights
Headcount

6 month growth

4%

1 year growth

0%

2 year growth

9%
Simplify Jobs

Simplify's Take

What believers are saying

  • Bill.com's recent partnership with Regions Bank to power their digital payments solution highlights the company's growing influence and potential for further strategic collaborations.
  • The platform's ability to attract 10,000 new SMBs in the past year demonstrates strong market demand and growth potential.
  • Despite recent stock performance, Bill.com has shown consistent revenue growth, indicating a resilient business model and promising long-term prospects.

What critics are saying

  • The competitive fintech landscape, with players like Stripe and Plaid, poses a constant threat to Bill.com's market share.
  • The company's stock has seen significant declines, which could impact investor confidence and employee morale.

What makes Bill.com unique

  • Bill.com offers a comprehensive financial operations platform that integrates accounts payable, accounts receivable, expense management, and credit access, unlike competitors who may focus on only one or two of these areas.
  • The company's partnership with Cross River Bank to provide credit lines and corporate cards adds a unique value proposition that is not commonly found in other financial technology platforms.
  • Bill.com's automation capabilities for financial tasks provide significant efficiency gains, setting it apart from traditional manual processes and less automated competitors.

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Benefits

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off

100% paid employee health, dental, and vision insurance - choose between HMO, PPO, and HDHP plans

HSA & FSA accounts

Life Insurance, Long & Short-term disability coverage

Pre-tax commuter benefits

Employee Assistance Program (EAP)

11+ Observed holidays and wellness days

Wellness & Fitness initiatives

Flexible time off