Management Changes at PaySauce

Management changes at PaySauce to support next phase of growth Auckland, New Zealand - 17 May 2019 Payroll and employment SaaS provider PaySauce (NZX: PYS) names new Head of Finance, while outgoing CFO Krishnakumar Guda is appointed as Board Advisor on International Expansion. Krishnakumar hands the reins over to Tod Rookes, in a newly-created role as Head of Finance. Tod comes to PaySauce with a strong background in public practice accounting, and is well versed in business advisory issues across multiple service lines. Krishnakumar provided experience and credibility to PaySauce during initial funding stages and listing on the NZX. After guiding the startup through these key milestones, Krishnakumar will now leverage his international experience as PaySauce begins to scale. PaySauce CEO Asantha Wijeyeratne says Krishnakumar has been instrumental to the start-up's development. "He oversaw our transition to a public company and provided invaluable stability and wisdom as we entered a period of unprecedented growth. We're lucky to have him on board." ABOUT PAYSAUCE PaySauce provides award-winning SaaS payroll to small and medium sized enterprises. PaySauce enables business owners to pay and manage employees accurately and efficiently using web, iOS, and Android applications. The PaySauce platform includes mobile timesheets, payroll calculations, banking integration, PAYE filing, labour costing, automated general ledger entries and digital employment contracts. End CA:00334723 For:PYS Type:GENERAL Time:2019-05-17 14:50:22