Fast growing financial technology firm expands management team to support growth
RICHMOND, VA, November 29, 2018
Timothy Ray joins the Rimilia team as CRO
Rimilia, a leading automation technology provider for finance departments, named Timothy Ray the Global Chief Revenue Officer. With more than 20 years of experience in the cash application industry, Tim will lead the global teams currently located in the United States and Europe.
Timothy Ray has an extensive understanding of the financial technology buying process and a passion for finding breakthrough technologies. As FinTech and Artificial Intelligence rapidly evolve, Ray and his team are committed to staying ahead of the curve, providing solutions that improve how businesses manage their working capital and cash flow.
“Timothy has a proven ability to navigate large, complex organizations with sophisticated sales cycles,” said Steve Richardson, co-founder of Rimilia. “His vast knowledge of the FinTech industry will bring innovation and acumen to our wide variety of clients.”
“Every accounts receivable department, cash team, and credit professional should have the tools to predict, control, and guarantee cash flow,” said Ray. “It is great to be part of a team that is so advanced, delivering Artificial Intelligence (AI)-powered Robotic Process Automation (RPA) systems that apply cash at an unrivaled 93% straight-through processing rate, without being reliant upon remits. By better understanding and learning from customers’ behavior, our technology adapts, assimilates, and grows as your business does.”
Founded in 2008, Rimilia helps finance departments live in the “real-time” information age, leaving archaic practices of tracking cash and managing credit collections behind. Rimilia provides companies around the globe with faster cash allocation, clearer information, and better control over cash flow.