OneSpan reviews

3.8

74% would recommend to a friend

(29 total reviews)

Victor Limongelli

80% approve of CEO

58% positive business outlook

Reviews by job title

29 reviews

Reviews about "Compensation"

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3.0
Sep 27, 2023
Recommend
CEO approval
Business Outlook

Pros

My experience at OneSpan was short-lived and a mixed bag for the most part. The good aspects of working at OneSpan was I was given a competitive salary and a generous non-recoverable draw for my first three months I was with the firm. I was also given a lot of autonomy from my manager to drive business in my territory and I never felt like my judgement was questioned at any point.

Cons

The core e-signature offering lacked a number of critical integrations that hampered our ability to sell it and was the main reason why many deals were lost. It 's also in need of updating to look like a modern software product. When you're competing against a well-established player that is beating you on both the integrations front and UI/UX then you need to prioritize those two things rather than hiring a bunch of sales people to sell a crippled product. The company leadership doesn't seem to have a sense of urgency about these things and they have outdated modes of thinking that don't accurately reflect actual market conditions on the ground.

1.0
Sep 26, 2023
Recommend
CEO approval
Business Outlook

Pros

There was a ton of energy heading into 2023, a big push to take market share from competitors with a ton of greenfield opportunity that had not yet been touched by the org. OneSpan went on a hiring frenzy of enterprise sellers, SDRs and sales enablement resources. We were sold on a three year plan with 2023 being a year of pipeline growth and sales. We were told we'd get a certain amount of current customers to help grow and about 60 accounts that had been untouched. Onboarding was very good.

Cons

It was a free-for-all. We were not given any account lists for months into our positions, there were no current customers given to the new enterprise sellers to grow and basically fought for or just made up what accounts we were going to target. Sales had to beg for tools to help enable hunting strategies. Year one was supposed to be a year to really market OneSpan and grow a pipeline and then start really hitting sales in years 2 and 3... all part of the 'bigger picture' go-to-market strategy. The SDR teams were constantly changing and getting fired and replaced. Inbound 'leads' were all fluff and being presented to upper management as actual opportunities when they were not. It was all smoke and mirrors. When sales went to upper management with concerns, ideas or any strategies to help improve anything - they were not listened to. After months of meeting with prospects, we just found that our product was not superior in anyway and there seemed to be no updates or enhancements coming to even be competitive. The whole R&D group was let go, so there will be no future of the product in general. Completely set up for failure and within months - all the very talented enterprise sales folks were let go with little warning aside from hearing about layoffs coming on an investors call. Don't even entertain working here, the company is completely tanking.

1.0
Sep 17, 2023

Struggle

Recommend
CEO approval
Business Outlook

Pros

Offers a decent base salary

Cons

OneSpan had high plans that failed miserably. They made many promises and hired a crap ton in sales. Expected huge Enterprise outbound growth in just 6 short months then cut basically 3/4 of the sales teams. Things are disorganized and not lots of room for growth. Quota expectations are unrealistic for OB.

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