Full-Time
Senior Software Engineer
Procure to Pay
Posted on 9/12/2025
Settle
51-200 employees
CPG-focused payments and cash flow management
Compensation Overview
$160k - $240k/yr
Remote in USA + 1 more
More locations: Remote in Canada
Remote
 Software Engineering (2) |
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- 3+ years of experience in software engineering, ideally within acustomer-facing role or product-driven environment.
- Proficiency in backend design and development, with the ability to articulate trade-offs between technical decisions and how they impact business outcomes
- Proficiency in Ruby on Rails (or willingness to learn), with strong foundations in OOP and familiarity with ORM frameworks.
- Experience in relational databases such as Postgres and MySQL
- Strong communication skills tocollaborate with product managers, designers, and frontend engineersin defining and delivering features.
- Strong understanding of product engineering with a focus on how your workimpacts the end user.
- Design and build customer-facing features for procurement and payments that help small businesses manage cash flow and scale operations.
- Collaborate with Product and Design teams to ensure features and systems are intuitive, user-friendly, and aligned with customer needs.
- Continuously improve engineering processes and coding best practices
Settle offers a suite of secure payment products and cash flow management tools tailored for Consumer Packaged Goods (CPG) brands. Its products operate as a service that helps brands handle payments and monitor retailer and distributor margins, reducing the time spent on financial spreadsheets and enabling a focus on brand growth. Settle differentiates itself by concentrating on emerging CPG brands facing supply chain disruptions and changing retail dynamics, providing visibility into margins to navigate profitability challenges in the retail and distribution ecosystem. The company’s goal is to simplify cash flow management for CPG brands through payment services, supporting smoother operations and healthier growth in the face of wholesale and retail margin pressures.
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$506M
Headquarters
San Francisco, California
Founded
2019
Simplify's Take
What believers are saying
- Cin7 partnership embeds vendor payments into inventory workflows for 1,200 customers.
- Finaloop integration automates bookkeeping syncing to financial statements in real time.
- GenAI expedites vendor settlements and invoice processing per CEO Alek Koenig.
What critics are saying
- Cin7 dependency erodes moat as Shopify native tools dominate in 12-24 months.
- Turbine acquisition dilutes cash flow focus with integration failures in 6-12 months.
- Ramp and Brex superior AI commoditizes 3-way matching, eroding pricing in 12-18 months.
What makes Settle unique
- Settle targets CPG brands with unified procurement, inventory, and cash flow platform.
- Automatic 3-Way Matching identifies $273,000 average discrepancies per brand over six months.
- Turbine acquisition integrates AI-powered inventory forecasting for demand accuracy.
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Benefits
Unlimited Paid Time Off
Flexible Work Hours
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Health Savings Account/Flexible Spending Account
Home Office Stipend
Professional Development Budget
Commuter Benefits
Employee Referral Bonus
Growth & Insights and Company News
6 month growth
↓ -5%1 year growth
↑ 1%2 year growth
↑ 4%UK-based Sokin has acquired Norwegian fintech Settle Group AS for an undisclosed amount to enhance its Sokin Pay tech offering. This acquisition follows Sokin's recent $31M investment from Morgan Stanley Expansion Capital. Settle, a payments app operating across the EU, provides Sokin with a European EMI license, boosting its market presence. Sokin, with a $4.5 billion annual transaction volume, plans further fintech acquisitions to accelerate growth, according to CEO Vroon Modgill.
Settle, the leading operations platform for scaling CPG brands, announced the launch of its expanded procurement and inventory management suite and its acquisition of Turbine.
Settle, a cash flow management platform has introduced two new features: Landed Costs and Universal Catalog.These additions aim to improve the accuracy and efficiency of calculating landed costs, aligning with the company's goal of becoming the brand's primary finance and operations platform. The platform allows users to manage procurement, inventory, payments, and finance from a single interface.Landed Costs is designed to better calculate the total costs associated with products. Brands using Settle to issue purchase orders and process payments can now automatically obtain precise landed costs for each SKU. This feature simplifies the addition of expenses like shipping and tariffs, using methods based on quantity or value allocation. This automation reduces complex calculations and manual errors, improving cost accuracy. The Universal Catalog is a Product Information Management solution tailored for brands
Think of the consumer packaged goods industry, and you think of the monoliths. Procter Gamble, for example, has been around since 1837 and has 65 brands on its current roster. Colgate-Palmolive has been in business since 1806 and has 32 brands. What gets lost in the discussion are the startups and mid-sized companies that enter the business and sometimes exit. Each year, 30,000 new CPG brands launch, but only 15% of them get past the first few years of their existence, Alliance reported, citing figures from Nielsen
There’s no business like a B2B business. And successful business-to-business (B2B) strategies — and the companies deploying them — are characterized by agility, innovation, and a focus on delivering value to customers while embracing the power of technology and collaboration. After all, today’s technologies offer more opportunities to optimize processes, improve accuracy, and uncover insights than ever before, helping drive better decision-making and business performance