Hopkinton, Mass. — July 6, 2021 — PrismHR, the leading HR technology software powering payroll, benefits, and HR for businesses across the U.S. today announced that Ron Shah has been named Chief Financial Officer.
In his new role, Shah will lead PrismHR’s efforts to build the corporate infrastructure that will support the next phase of corporate growth and will contribute to strategic planning, and will manage accounting, financial planning, revenue cycle administration, enterprise applications, investor relations, legal, tax and treasury functions for the company.
“Ron’s successful track record as a highly regarded finance leader in the HR tech space will be invaluable to PrismHR as we continue to grow our HCM software platform for organizations between 10 and 10,000 employees,” said Gary Noke, president and CEO of PrismHR. “As our growth accelerates, Ron will play an instrumental part in ensuring that we’re developing and executing on our financial plans and he’ll also bring strong operational expertise to the company.”
Shah has extensive experience scaling rapidly growing SaaS businesses and HR technology, and joins PrismHR from Fuel50, an AI-driven talent management platform provider, where he was CFO. Prior to Fuel50, Shah was CFO and COO of Hodges-Mace, a leading provider of health benefits technology, and CFO of Phytest, a revenue cycle management company for healthcare providers. He has extensive investment banking experience, and was Director at VRA Partners and Vice President at SunTrust Robinson Humphrey. Shah holds an MBA from the University of Virginia and a BS in finance from Babson College.
PrismHR’s mission is to fuel the growth of businesses across the U.S. Our HR software, combined with our ecosystem of HR service providers, enables businesses to manage payroll, benefits, and HR, leveling the playing field with large enterprises. Today, PrismHR software delivers world-class HR services to more than 80,000 organizations and over 2 million worksite employees, processing greater than $80 billion in payroll each year. For more information, visit www.prismhr.com.
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