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Welcome to PaymentWorks, the Foundation of Vendor Data Management.
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We go places. We do things. Join us!Welcome to PaymentWorks, the Foundation of Vendor Data Management.
It began with a question PaymentWorks co-founder and CEO Thayer Stewart received from a previous accounts payable client in 2012: “Why isn’t there a shared address book in the cloud for every company?”
After decades of working with suppliers, that question hit Thayer like a lightning bolt.
Imagine if, when you wanted to post news on LinkedIn, you had to post your update to each individual connection specifically. What if it were the same on Facebook, Instagram, or any social experience where you might have hundreds or thousands of connections?
Communicating your news would be so troublesome that you likely would not bother.
Thayer immediately understood that this was a challenge for all suppliers everywhere. Suppliers might have hundreds or thousands of customers, and anytime they needed to communicate something new, such as a new remit address, a change of legal identity due to a merger or acquisition, or new banking details, they had to do it one-to-one.
A supplier onboarding platform that could update all customers simultaneously did not exist.
An idea was born.
Thayer asked his co-founder Alan Greenblatt, “What if we build a LinkedIn-like platform for vendors to connect with their customers?”
And more: What if this platform also verifies the vendor information so that the customer doesn’t have to? So they can trust what is being input? Think of the time, energy, and risk saved when you have clean vendor data. Think of this radically improved vendor experience: update once and push to all customers!
The idea was straightforward: Securely store all vendor information in the cloud across all businesses so nobody would ever have to manually enter forms, verify credentials, or doubt who they were paying again. And, oh, make it so anyone could use it with any ERP.
If customers could trust the identity of the vendors they do business with, payments would be easy.
Payments would work.
PaymentWorks.
Forty-eight hours later, they got to work building it.
Vice President, Application Engineering
VP, Application Engineering
For more than 15 years Aaron has served in a wide range of roles in software engineering organizations ranging from individual contributor roles to a variety of leadership roles. He thrives on building high performing teams that deliver software that solves critical problems for customers. Aaron joined PaymentWorks as the 3rd engineer to join the Engineering Organization and now leads the application development side of the Engineering Organization.
What I love about PaymentWorks: We have a great collaborative culture here at PaymentWorks that empowers team members across the company to work together to solve hard problems and deliver value to customers.
My favorite sport: I am an avid distance runner and endurance athlete. I’ve completed endurance events ranging from marathons to ultramarathons to ironman distance triathlons.
Chief Technology Officer
Chief Technology Officer
Along with co-founding PaymentWorks, Alan has a storied development history, including: co-founding Anyware Fast, acquired by Dimension X, then subsequently acquired by Microsoft shortly thereafter; leading the development and release of Vizact, a standalone Microsoft Office 2000 product which ultimately morphed into the PowerPoint animation engine; and leading the development of an enterprise integration platform licensed to customers including NATO, Airbus and StateStreet Bank. Additionally, he built a real-time threat detection system for NATO, and an engineering optimization system used by Airbus in the design of the A380 wing.
Alan also holds two patents, one related to data management which led to the foundation of PaymentWorks, the other related to surveillance, monitoring and real-time events. Alan holds a BE/CS degree from the University of Waterloo.
My favorite thing about PaymentWorks:We are solving a real problem that makes people’s professional lives better!
My favorite day of the year: Yes, I eat pie every March 14th.
Vice President, Marketing
VP, Marketing
For more than 20 years Angela has enjoyed working in start-up and scale-up companies, with a focus on communication roles in marketing, investor relations, and customer success, with two successful exits (for the same company! Long story.). She has had her hands in several product launches in SaaS including a closed-loop payment processing platform which served higher education customers and a mobile ordering app, and led a product turnaround for a niche market research company. She joined PaymentWorks in 2019 as the director of customer success and is currently responsible for building and delivering the marketing strategy.
What I love about PaymentWorks: The stress people have in trying to always be 100% right at their jobs is too much to bear. We eliminate that stress and allow people to focus on their jobs, not on the fear of making a mistake. We have their backs!
My favorite sport: CrossFit. Yes, I am calling it a sport. And I’d love to talk to you about it. Do you have three hours to spare?
Vice President, Customer Experience
VP, Customer Experience
Ashley was an early employee of PaymentWorks and as the Director of Enablement was the primary architect of the company’s customer onboarding process.. Ashley has 30 years of progressive, hands-on experience with customer relationships, product management, sales, demonstrations, client recovery, and management. Previous experience at CBORD included creating, executing product, solution architecture and strategies focused on the higher education market. Additionally, Ashley provided and trained on multiple technology solutions at Visual Techniques to meet the educational challenges in K-12 and Higher Education markets.
Additionally, Ashley has had extensive experience in building and owning customer facing processes in both software companies for university and senior living facilities. She oversees responsibilities for Customer Success activities (implementation, support, adoption, advocacy, retention.).
What I love about PaymentWorks: To have the opportunity day after day to serve our customers and provide a platform that makes our customers day to day lives simpler and less stressful – is a win!
My favorite sport:I love watching college gymnastics – especially floor routines that bring out the gymnast personality – thanks to my middle daughter who did gymnastics for 20 years!!!
Vice President, Strategic Partnerships
VP, Strategic Partnerships
Hayley’s experience includes building successful partnerships from scratch at startups with some of the largest companies in the world including Google, Microsoft, Amazon and CDW.
Notably, she led strategic partnerships for Cisco security ($2B BU) with Microsoft and Google and other CSPs. Additionally, she led a business transformation initiative changing the GTM model to partnerships in order to scale the Cisco cloud security business from $400M to $1B.
Hayley also has extensive experience in startups, scaling fast-growing companies, sales, and business development for both Enterprise and SMB and has been involved in three successful exits with startups. Hayley’s background is in cybersecurity in the cloud, moving to B2B payments fraud has been a fun and interesting transition that allows her to leverage her cyber background.
What I love about PaymentWorks: Seeing Partners, Prospects, and Investors face light up when they learn what we do and how we do it. There is an amazing light bulb moment and then people realize this product can change the world – how we do business, individuals lives, and the fraud landscape. Also I love our customers and partners – they are our biggest champions, advocates, and are truly invested in making our product better.
My favorite thing to do: I love traveling. I am always up for an adventure to somewhere new. However, my favorite place in the whole world is Vermont. When I’m in Vermont I feel like I am home. I love when I’m there, life slows down. Everything seems easier, and the world is a prettier and a kinder place.
Vice President, Operations
VP, Operations
For more than 13 years, Haley has enjoyed working as an individual contributor and leader in banking and financial technology. Her most recent experience working with the Paymode-X team at Bottomline Technologies allowed her to hone operational skills and execute meaningful workflow changes for the team and business. Haley is passionate about leadership, process automation, scaling businesses, and guiding changes that have far-reaching cross-organizational impacts.
What I love about PaymentWorks: First, the people – the passion, industry experience, and drive that the teams have around building a world-class product is unmatched. Also, the problems we’re solving around risk management, vendor onboarding, and payments are so impactful for our customers. I love seeing the measurable changes we can make in the lives of our Accounts Payable and Receivables partners.
My favorite thing to do: I love being outside – gardening and hiking are at the top of my list!
Vice President, Product
VP, Product
Taylor began his career in product management at the CBORD Group. While online ordering was still very much in its infancy, he was a principal architect of the first-to-market online ordering app focused on the higher ed market, GET. Taylor was also responsible for growing usage of CBORD’s payment platform from 20 customers to more than 200+ during his tenure, growth primarily fueled by the creation of the GET app.
He was an early employee at PaymentWorks, and has been instrumental in several product developments, including the company’s first-to-market payments security guarantee. He currently leads the Product team, responsible for the overall product vision & strategy.
What I love about PaymentWorks: The vision to go big!! We aren’t looking to find a niche or just grow a sales number by 10% each year… We want to fundamentally change the way companies do business with one another. The aspiration is exciting!
My favorite sport/place/hobby: Both types of football- American and soccer. Thailand. Playing guitar and mountain biking. (Not at the same time!)
Chief Executive Officer
Chief Executive Officer
Thayer has 35 years in B2B payments, starting at American Express, where he invented and then launched the first purchasing card, aka the P-Card, currently running at a trillion dollar annual payment volume. His next stop was Employee Matters, where the focus on payroll operations led to a key insight which was formative in PaymentWorks: with money movement you do not need to take control of funds. Finally with his time at OB10, his exposure to invoicing processing and invoice approval led to the epiphany that was the final key to the foundation of PaymentWorks: the vendor master is the vehicle to achieve payment security. He founded PaymentWorks in 2014 with CTO Alan Greenblatt. Thayer holds a BA from Princeton University.
My favorite thing about PaymentWorks: Building the team we have and seeing people grow and have an impact with their careers and with our customers. I was just the guy with the idea- it’s the people who work here who have made this idea a reality.
My favorite place: Hands down Maine. Spending time there in the summer with my family ranks really high. Oh wait, is it too late to say Paris?
Chief Financial Officer
Chief Financial Officer
Tom most recently worked with Rick Auletta as CFO of Motionsoft and Softgate Systems, resulting in successful turnarounds and sales of both companies. He has also served as CFO for iQ Media Group Inc. and E-Duction, Inc. He was Vice President of Finance at Bank One when it merged with J.P. Morgan, and was founder and CEO of EBL International, Inc., a payroll company focused on small-dollar loans in emerging economies. Tom is a graduate of Penn State University and holds an MBA from Villanova University.
My favorite thing about PaymentWorks: I love simple ideas that deliver outsized results. For most companies, new vendor onboarding is important, but error prone. And changes to vendor profiles introduce significant risk. Companies lose billions of dollars every year to fraudsters posing to be legitimate vendors; it just isn’t possible for every A/P department to be 100% vigilant against fraud. The PaymentWorks platform automates onboarding and updating of vendor records. But more than that, we can indemnify our customers against financial loss. Our proprietary IP and robust data sources provide a firewall between our customers and the fraudsters. It’s rewarding to work at a company that does well by doing good.
My favorite hobby: I like starting home improvement projects. Finishing them is not as fun.
We pride ourselves on hiring diverse, ambitious, smart people, and giving them an environment, the product, the tools and the support to do their best.
The PaymentWorks team is dedicated to transforming the way businesses do business with each other.
We’ve attracted the best and brightest – people who are really making a difference in solving the real-world problems of fraud and risk.
There are two descriptions for startups, right? You’re either pushing on a string or you’re getting pulled by a rope. We always felt like we were being pulled by a rope; that some greater authority wants this to happen. It feels like nature wants this vacuum to be filled.
PaymentWorks is the foundation of vendor master data management – enabling organizations to control costs and risks while executing a payables strategy to optimize the time value of money.
PaymentWorks digital supplier onboarding brings efficiencies to the complex, highly manual supplier management process. We aim to create partnerships that deliver additional value to customers and our platform.
Our partnership philosophy is centered around what benefits the customer first. Once certified, partners get the tools and technical support needed to make sure you can deliver the best support and value to our mutual customers.
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