onPhase Welcomes Sudarshan Ranganath as Chief Product Officer to Lead Innovation

Sudarshan Ranganath Joins onPhase as Chief Product Officer

In a significant move for the company, onPhase, a prominent player in AI-driven financial automation solutions, has appointed Sudarshan Ranganath as its new Chief Product Officer (CPO). This strategic appointment is set to boost the company's efforts in enhancing its product strategy and innovation, thereby improving customer value and accelerating growth.

Sudarshan Ranganath brings with him over 20 years of extensive experience in product leadership. He has demonstrated expertise in areas such as business spend management, revenue management, and digital payments. His impressive track record includes building and scaling cloud-based solutions that not only drive growth but also significantly enhance operational efficiency.

Before joining onPhase, he held the title of Senior Vice President of Product Management and Strategy at Corcentric, where he played a pivotal role in the global product organization. His leadership there was instrumental in driving substantial revenue growth through both innovative product development and strategic acquisitions. Additionally, Ranganath spearheaded an AI-based platform for a two-sided trading partner network, transforming B2B commerce and enhancing operational capabilities.

His previous roles include senior leadership positions at companies such as Ellucian, Rivermine, and VeriSign, where he managed large-scale transformations and product innovations focusing on enterprise software platforms. With significant previous experience in cloud and SaaS transformations, Sudarshan is set to redefine product management strategies at onPhase.

“I am thrilled to be joining onPhase at such an exciting time,” expressed Sudarshan. He recognizes the mounting pressure on the office of the CFO to not just maintain operational control but to drive a strategic impact using innovative tools. He mentioned, “OnPhase has built a unified platform that eliminates friction and enhances financial controls, providing finance teams with the confidence to operate effectively.”

The CEO of onPhase, Robert Michlewicz, commented on Ranganath's appointment, noting that his deep knowledge of accounts payable and payment software aligns perfectly with the company's objective of delivering distinct value to its customers. His vision in product development and strong connection between technology and customer outcomes will be crucial as onPhase looks to execute its growth strategies and elevate its platform further.

As CPO, Sudarshan will be responsible for guiding onPhase’s product vision and execution while aiming to deepen customer engagement and broaden the adoption of its financial automation solutions. His leadership is expected to be transformative, enhancing the company’s position in the competitive landscape of financial technology.

Educationally, Ranganath holds an MBA from the University of Maryland, alongside a Bachelor's degree in Computer Engineering from the University of Mysore. His appointment underscores onPhase’s commitment to investing in product development tailored towards enhancing operational clarity and strategic impact for finance teams.

onPhase itself is an established authority in AP automation and payment processing platforms. The company provides finance teams with comprehensive control over processes, from invoice capture to supplier payments, unifying disparate functions within a single operational tool. This holistic approach to financial management distinguishes onPhase in a space often populated by fragmented solutions. Over its 25-year history, onPhase has garnered trust for its reliability in eliminating manual processes and reinforcing financial governance.

As the demand for innovative financial management solutions intensifies, the arrival of Sudarshan Ranganath is poised to steer onPhase towards an era of unprecedented growth and customer satisfaction. The evolution of financial technology is accelerating, and with leaders like Ranganath at the helm, onPhase is set to not only meet these changes but thrive within them.