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The differences between product solution managers and processing managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a product solution manager, becoming a processing manager takes usually requires 4-6 years. Additionally, a product solution manager has an average salary of $101,375, which is higher than the $91,663 average annual salary of a processing manager.
The top three skills for a product solution manager include market analysis, product development and product management. The most important skills for a processing manager are customer service, process improvement, and project management.
| Product Solution Manager | Processing Manager | |
| Yearly salary | $101,375 | $91,663 |
| Hourly rate | $48.74 | $44.07 |
| Growth rate | 10% | 6% |
| Number of jobs | 116,600 | 294,102 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 63% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A project solution manager is in charge of overseeing the efforts put into developing and executing projects, ensuring efficiency and smooth workflow. Their responsibilities revolve around setting goals and objectives, managing budgets and schedules, supervising project solution teams, and devising strategies to optimize procedures. They must also monitor the progress and performance of the workforce, assisting them as needed. Furthermore, as a project solution manager, it is essential to lead and encourage the teams to reach goals, all while implementing the company's policies and regulations.
A processing manager or business process manager is an executive who assesses and improves business processes. Processing managers collaboratively work across different departments of the enterprise. They assess, design, execute, monitor, and control business processes. It is their responsibility to make sure that the outcomes of the business process go along with the strategic goals of the company. They are expected to have leadership skills, management skills, customer service skills, attention to detail, and strong communication skills.
Product solution managers and processing managers have different pay scales, as shown below.
| Product Solution Manager | Processing Manager | |
| Average salary | $101,375 | $91,663 |
| Salary range | Between $73,000 And $140,000 | Between $61,000 And $135,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | Alaska |
| Best paying company | Meta | Cheniere Energy |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a product solution manager and a processing manager in terms of educational background:
| Product Solution Manager | Processing Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between product solution managers' and processing managers' demographics:
| Product Solution Manager | Processing Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |