Today, Payment Source was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation for the third consecutive year. The 2020 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies, demonstrating clear vision and strategy, capability and commitment to sustainable and ethical growth.
Canada’s Best Managed Companies is one of the country’s leading business awards programs, recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices. Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges
“It’s a great honour for Payment Source to be awarded this designation again,” said Trevor Cook, CEO of Payment Source. “The company continues to evolve and expand, and at the same time, manages to improve on all metrics. It’s a reflection of the quality and strategic focus of our leadership team, and the Best Managed Company award is a result of that”.
“Businesses today are faced with many challenges and must stay focused and agile in order to sustain and drive growth. They need to demonstrate resilience and commitment to their people, their purpose and their competitive position in the Canadian business world and this year’s Best Managed winners are doing just that,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “These companies can celebrate their accomplishments today, and should be excited for tomorrow.”
2020 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 1, 2020.
About Canada’s Best Managed Companies
Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $25 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.
About Payment Source
Recognized as one of Canada's Best Managed Companies for two years in a row, Payment Source empowers inclusion by providing alternative payment solutions to organizations of all sizes to better serve their customers. Learn more about Payment Source at www.paymentsource.ca.
Director, Marketing & Communications