Odessa Adds John Pearce as SVP of Product to Lead ‘Everything as a Service’
December 21, 2023
Philadelphia, PA – Banks, captives and other lenders looking to increase revenue should look to Odessa, the leading provider of technology solutions for asset finance — particularly now that it has hired John Pearce to lead its XaaS, or Everything as a Service, solutions, the company announced today.
Pearce joins Odessa from Chargebee, where, as VP of product management, he helped customers automate their subscription revenue businesses. He brings that expertise to Odessa just as the equipment finance industry turns its focus to subscriptions.
“Technology has made asset-finance subscriptions feasible,” said Odessa CEO Eric Bernstein. “John will enable banks, captives, and other finance companies to offer a wider variety of subscriptions on one Odessa platform. This will increase financiers’ connections with their customers, and thus their revenue.”
The equipment finance industry describes subscriptions as ‘XaaS’, or ‘Everything as a Service.’ In addition to leasing a basic bulldozer, for example, a company can now also get usage data in real time, telematics, and GPS data. These additions make it easier for customers to use equipment for exactly as long as they need it, and on their own terms.
Before Chargebee, Pearce held leadership positions with mHelpDesk, Epicor Software, and Smitty’s Building Supply. He will work from the greater Washington, D.C., area.
“Customers want flexibility” said Pearce. “XaaS gives them that flexibility, even as it manages risk for financing organizations and offers them new methods of monetization. I’m excited to join Odessa, which has been leading the way to Everything as a Service.”
Odessa is a software company exclusively focused on the leasing industry and the developers of the #1 platform dedicated to asset finance. Headquartered in Philadelphia, USA, Odessa’s leasing solutions and a workforce of 1,000+ power a diverse customer base of asset finance companies globally. Odessa provides a powerful, end-to-end, extensible solution for lease and loan origination and portfolio management. The Odessa Platform further provides rich feature sets, including low-code development, test automation, reporting, and business intelligence to ensure organizations can more effectively align business and IT objectives.