Inovatec Selected as Auto Remarketing Canada Power 150 Honoree

Cloud-Based Lending Automation Solutions Leader is Named Among Canada’s Most Influential Organizations in the Used Vehicle Marketplace for the Second Consecutive Year

BURNABY, BC / ACCESSWIRE / December 13, 2022 / Inovatec Systems, a provider of industry-leading, cloud-based software solutions for lenders, announced it has been named to Auto Remarketing Canada magazine’s “Power 150” list, which recognizes the “Most Influential Companies and Biggest Names” in the Canadian automotive industry. The Power 150 list posted in the November/December issue of Auto Remarketing Canada.

The magazine’s editorial staff annually assesses the contributions of hundreds of companies, from international brands to start-ups, to select 150 uniquely influential companies in the Canadian used car sector. The organizations profiled in the Power 150 are “the major players in the automotive industry,” according to the magazine, which have “all made a significant impact” in this segment. Past lists have included gold-standard brands like Acura, BMW, CARFAX, Equifax, FICO, J.D. Power, Mazda, Repay, SiriusXM, and TransUnion. This is the second consecutive year Inovatec has been included on the list. Inovatec was also named one of the Top 500 companies in Canada by The Globe and Mail.

“It’s a thrill to be recognized in the Power 150 list, which includes many top-flight names in lending, technology, and manufacturing,” said Sam Heath, chief revenue officer at Inovatec. “Inovatec has grown significantly by continually evolving, improving our offerings, and delivering uncommon value to lenders through integrated and effective automation solutions. We’re honored to see our efforts have earned us a place on this prestigious list.”

Inovatec has been expanding both its footprint and its market share over the course of 2022. The company’s loan origination software, loan management system, and customer-facing portal continue to be recognized as some of the most sophisticated, easily configurable, and most powerful automotive lending technologies on the market. In addition, Inovatec recently announced major integrations and partnerships with innovative providers like Point Predictive, Jericho Information Technology, Lightico, Provenir, and VoPay that add even greater value to its roster of lenders.

Inovatec serves clients in the automotive, consumer, and power sports equipment markets in both Canada and the United States. For more information, visit www.inovatec.com.

About Inovatec

Inovatec Systems Corporation’s proven cloud-based loan origination and loan management solutions improve business outcomes for automotive, power sports, consumer, equipment, and other lenders across North America and additional markets. Inovatec’s uniquely flexible platform empowers lenders to satisfy fast-changing client requirements, increase revenue, reduce operating costs, and improve customer experiences-all through an intuitive, easy-to-configure and manage interface. www.inovatec.com