Announcement: we’re among Canada’s Best Managed Companies for 2020
Mar 05, 2020Culture
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Year after year, the difference is you.
We’re proud to announce that we’ve once again been recognized for our overall business performance and sustained growth as a recipient of the prestigious Canada’s Best Managed Companies designation for the eighth consecutive year! We’re also happy to report that we’ve maintained our Platinum Club Member status for 2020, which Payworks first achieved last year. Platinum Club status is granted to organizations that have retained their Best Managed designation for seven or more successive years.
“We’re so honoured to be recognized once again as one of Canada’s Best Managed Companies," said Barb Gamey, Payworks’ Co-Founder. “We’re proud to be in truly inspiring company among a unique group of Manitoba businesses that have also achieved this designation.”
We first achieved Platinum Club status the same year Payworks grew to serve more than 20,000 clients across Canada. Once again, the announcement of our Best Managed status comes at a very exciting time. This year, we celebrate our 20th anniversary. Over the past two decades, we’ve grown from one employee to almost 350 based out of 10 offices from coast-to-coast. Over the past 20 years, we’ve strived to create a culture that promotes innovation and collaboration, encouraging community involvement and cultivating long-lasting relationships with our clients.
“Year after year, Payworks’ success has been built both by our own people and the people we serve,” said JP Perron, President and CEO of Payworks. “With gratitude, we credit the honour of our Best Managed Companies Platinum Member status to our employees, partners, and the more than 20,000 clients who help grow our business and inspire us to be our best every day.”
Canada’s Best Managed Companies has been one of the country’s leading business awards programs for almost 30 years, recognizing Canadian-owned and managed companies for innovative, world-class business practices. An independent judging panel comprised of representatives from program sponsors and special guest judges evaluates all applicants. This year’s Best Managed Companies share commonalities that include a clear and concise strategy, capability to invest in research and development, tools and proprietary equipment, and a strong emphasis on corporate social responsibility. Payworks and all other 2020 Canada’s Best Managed Companies winners will be honoured at the annual gala in Toronto on April 1.
“Throughout the program’s 27-year history, thousands of private companies have competed for this designation,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners have proven that they are continually and deliberately pushing boundaries; they are competitive about their place on the world stage. This is evident in their unwavering commitment to clear and concise strategies, their capability to clearly prove and articulate their sustained competitive advantage, and their commitment to the lifeblood of their organization: their people, with specific focus on developing next gen leaders.”