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Payment Source Named One Of Canada’s Best Managed Companies For The Second Year In A Row

Payment Source was once again recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2019 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.

Now in its 26th year, 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.

“Canada's Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian owned and managed companies” said Trevor Cook, CEO of Payment Source. “I’m thrilled that Payment Source has been recognized once again for this honour for best-in-class leadership”.

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2019 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.

2019 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 16, 2019.

About Payment Source

Nominated for the second consecutive year for Fintech of the Year at the Canadian Fintech & AI Awards, Payment Source empowers inclusion by providing alternative payment solutions to organizations of all sizes to better serve their customers. Through the proprietary Loadhub® network, Payment Source provides secure, real-time in-person payments capability in every community across Canada. The launch of PaySimply, an online platform offering Canadians alternative ways to pay their federal taxes, further established Payment Source as Canada’s premiere alternative payments provider. Additionally, Payment Source has the solution for every retail environment including; POS terminals, PC applications, mobile apps and integrated solutions. Now Prepay, by Payment Source, provides prepaid mobile top ups, gift cards and financial products and services to more than 15,000 retailers across Canada.

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 $15 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, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.

Press Contact:

Allison Cutler
Director, Marketing & Communications
Payment Source
acutler@paymentsource.ca
416.255.8897

 

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