Full-Time
Principal Product Manager
AI/ML
Versapay
201-500 employees
Automates B2B accounts receivable processes
Compensation Overview
CA$180k - CA$200k/yr
Toronto, ON, Canada
Remote
 Product (2) |
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- 5-7+ years of proven experience in product management, preferably with direct exposure or ownership of translating the business strategy to AI/ML and generative AI products
- A solid grasp of artificial intelligence, machine learning and related technologies is crucial to this role
- Must have strong familiarity with data science principles and practices. Ideal candidate has hands on experience AI/ML frameworks and tools, such as TensorFlow, PyTorch, Savvi AI, Sagemaker
- 4+ years working with cross functional teams as a product owner in an agile development process
- Exhibits a “fail fast” mentality using different types of experiments and research frameworks and testing
- Experience with 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.
- “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 to articulate complex AI and data concepts to non-technical stakeholders. Strong ability to present to C-level leadership and managing stakeholders.
- Possess deep analytics thinking and proven ability to interpret information to inform decision-making
- Bachelor's Degree in related field and/or relevant professional experience
- In this role, you will be responsible for iterating existing experiences, driving data-led experiments and delivering brand-new 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 on agreed-upon strategies
- 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
- 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.
- Partner across teams: Leads agile cadences with designers and engineers to ensure alignment and prioritization. Collaborate with Marketing, Professional Services, Sales, and Success leaders to clearly define and develop the product’s value proposition and utilization across the organization.
- Conduct in-depth market research and user analysis to identify opportunities for payments products. Design hypotheses and effective experiments to test and learn.
- Operate in a complex cross-functional environment, leading and influencing others, ultimately resulting in timely tactical decision making to advance our objectives.
- Drive progress: Lead the development process from ideation to launch, including requirement gathering, 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. Facilitate launch, adoption, and success of product go-to-market plans.
- Experience with Invoice to Cash processes in a Business-to-Business setting, particularly AR billing, treasury and banking services.
- Experience with Fintech or Payments
- Technical understanding of payment frameworks
- Ability to connect to databases to inspect/change data
VersaPay automates accounts receivable for businesses using its ARC platform to streamline invoicing, payments, and customer communication through a self-service portal. Clients subscribe to ARC, invoices appear in the portal, customers pick payment methods, and payments are processed with data centralized for the business. The platform emphasizes a configurable, customer-focused experience and combines subscription fees with possible transaction charges to serve a wide range of B2B clients from small firms to large enterprises. The goal is to help businesses automate AR workflows, improve cash flow, and boost customer satisfaction and retention with a secure, easy-to-use solution.
Company Size
201-500
Company Stage
IPO
Headquarters
Toronto, Canada
Founded
2006
Simplify's Take
What believers are saying
- Payments network grew 5X to 5 million businesses since 18 months ago.
- Emily Roccheggiani appointed CSO drives sales in core verticals.
- DadeSystems acquisition in 2022 boosted AI and mid-market expansion.
What critics are saying
- Highflyer erodes mid-market share with cheaper QuickBooks integration.
- Billtrust's PayStand acquisition outpaces Versapay in real-time payments.
- NCR Voyix ends partnership, slashing 15% payment volume immediately.
What makes Versapay unique
- ARC platform offers customer-centric self-service portal for AR collaboration.
- Integrates with ERPs for automated cash application and real-time insights.
- Targets trucking, logistics, and real estate with B2B payment automation.
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Benefits
Remote Work Options
Flexible Work Hours
Company News
Versapay, an accounts receivable platform, has appointed Emily Roccheggiani as chief sales officer to lead its commercial growth strategy. Roccheggiani brings extensive fintech experience, having spent over eight years at Adyen where she joined as the sixth member of the North American sales team during its global expansion. Most recently, she served as chief revenue officer at Forma, building go-to-market teams in the employee benefits sector. At Versapay, she will drive expansion across core verticals, deepen strategic partnerships and scale the sales organisation. Versapay serves 10,000 customers and processes over $260 billion in payment volume annually across 5 million companies. The company is capitalising on growing demand for real-time payments and automation in business-to-business commerce.
01 Paper checks and manual data entry are still common elements of accounts receivable. 02 Manual processes’ delays, errors and uncertainties have a direct impact on revenue. 03 By automating AR processes, businesses can improve the timeliness of payment receipt while reducing costs and manual frictions. 04 PYMNTS Intelligence interviews Carey O’Connor Kolaja, CEO of Versapay, on why digitizing and automating payments is no longer just a nice-to-have for companies in 2025.At the core of every business, accounts receivable (AR) serves as a critical driver of growth by converting sales into cash flow. Although digital and automated transformation is ongoing, many companies are still relying on slow, manual processes to manage this essential function. These manual workflows require human input at every step — from generating invoices to collecting payments — making them prone to inefficiencies and errors
Versapay, a leading Accounts Receivable (AR) Platform, has appointed Elizabeth Bramlage as Chief Marketing Officer.
Experienced fintech and payments leader to drive brand growth and market expansionATLANTA, April 23, 2025 /PRNewswire/ -- Versapay, a leading Accounts Receivable (AR) Platform, has appointed Elizabeth Bramlage as Chief Marketing Officer. Recognized for her proficiency in driving creative initiatives that deliver business growth, Elizabeth will oversee all aspects of marketing across the customer journey as the company broadens its market presence
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