TIS Leadership Update
Walldorf, July 20, 2020. TIS (Treasury Intelligence Solutions GmbH), a leading cloud platform for managing corporate payments and cash flows, today announced a leadership update, effective immediately. The new structure will better support its accelerated growth plan leveraging the latest 20 million USD funding round supported by Aquiline and 83 North.
Joerg Wiemer, TIS co-founder and CEO, moves to the newly created position of Chief Strategy Officer where his profound industry knowledge and extensive business network can be better leveraged. Joerg will focus on the future strategy of the company blending exciting innovation with customer success and satisfaction. Investor Relations will also be part of his brief.
Erik Masing, who joined TIS as Chief Operations Officer on January 1st, 2020, will assume the role of Chief Executive Officer. “I am thrilled that Erik has agreed to take up this leadership role as CEO. Next to the cultural fit, his passion, experience and track record are unparalleled,” says Joerg Wiemer.
Erol Bozak, co-founder, will remain the company’s Chief Product Officer. “With our platform strategy we will, together with our partners, create a more open ecosystem for our clients. I warmly welcome Erik to join us on this journey helping us to realize our vision,” says Erol Bozak.
“In my career I have worked with many high growth companies. TIS has a clear vision, an incredible team, a highly scalable cloud platform and a valuable customer community, that is second to none in corporate payments. Together with the team, I look forward to bringing this truly unique company to the next level,” says Erik Masing.
TIS (Treasury Intelligence Solutions GmbH), founded in Walldorf, Germany in 2010, is a global leader in managing corporate payments. The Financial Times named TIS as one of “Europe’s Fastest Growing Companies” for 2019 and 2020. Offered as Software-as-a-Service (SaaS), the TIS solution is a comprehensive, highly-scalable, cloud platform for company-wide payments and cash management. The TIS solution has been successfully used for many years in both large and medium-sized companies, including Adecco Group, Hugo Boss, Fresenius, Fugro, Lanxess, OSRAM and QIAGEN. More than 25% of DAX companies are already TIS customers.
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