IAA Receives Prestigious IDG’s CIO 100 Award
IAA, Inc. (NYSE: IAA), a leading global marketplace connecting vehicle buyers and sellers, announced that it is a recipient of the CIO 100 award for 2019. IAA received the award in recognition of its innovative CoreTrack, their workflow automation and document management system.
IAA’s vehicle title services are a key offering to its insurance carrier customers. CoreTrack grew out of building an internal management system for the company’s IAA Title Procurement and IAA Title Solutions products. The system is designed to provide transparency, track and automate tasks. As a result, CoreTrack enables clients to allocate more time to customer-facing responsibilities.
“It is an honor to be selected for this significant recognition,” said John Kett, Chief Executive Officer and President of IAA. “Our company’s strategy is focused on cultivating innovation to meet the evolving needs of our customers. CoreTrack is a great example of how we can increase revenue, decrease costs, and drive greater efficiency for our customers through technology. It is one of nearly 50 new products we have launched since 2010 with many more in our pipeline.”
The annual CIO 100 Awards celebrate 100 organizations that are using IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth or improving relationships with customers. It is an acknowledged mark of enterprise excellence in business technology awarded to IT organizations for driving business value through technology innovation.
IAA, Inc. (NYSE: IAA) is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes approximately 2.5 million total-loss, damaged and low-value vehicles annually. Headquartered near Chicago in Westchester, IL, IAA has over 3,600 talented employees and over 190 facilities throughout the US, Canada and the United Kingdom. IAA serves a global buyer base and a full spectrum of sellers, including insurers, dealerships, fleet lease, rental car companies, and charitable organizations. IAA offers customers a comprehensive suite of services aimed at maximizing vehicle value, reducing administrative costs, shortening selling cycle time and delivering customers the highest economic returns. Buyers have access to industry leading, innovative vehicle evaluation and bidding tools, enhancing the overall purchasing experience.