Software services provider Inovatec Systems appointed automotive finance industry veteran Michael Collins to its Board of Directors.

Jim Case, CEO and chairman of Inovatec, commented, “We are pleased to welcome Michael Collins to Inovatec’s Board of Directors. His extensive knowledge and experience in the area of auto and powersports finance, as well as SaaS, will help to accelerate the growth of Inovatec’s disruptive platforms as we continue to penetrate these sectors in North America.”

“We are excited to have the opportunity to work with Michael Collins as a new independent Director and board member,” said Inovatec’s Managing Partner and CTO Vladimir Kovacevic. “Michael’s unique experience and understanding of the lending industry will be a significant accelerant to Inovatec’s ability to capture new market segments and continue to provide solutions aligned with market needs.”

“I’m thrilled to be joining the Inovatec team as a board member,” said Collins. “As evidenced by their impressive list of lender customers, the growth of Inovatec’s automotive and related vertical solutions has been significant. I’m excited about the future and look forward to helping the team continue to grow and expand.”

Retired from corporate life, Collins has over 35 years of experience in the automotive finance and software industries. He is a former executive with Dealertrack Technologies, where he had executive responsibility for the strategic planning and execution of its credit application network, connecting automotive dealers & lenders across the U.S. & Canada. He was also co-founder and COO of Curomax, Canada’s first, and at the time of its sale to Dealertrack, largest and most successful Internet-based automotive loan origination channel.

Collins also has executive level experience in automotive finance, including direct and indirect automotive lending and leasing.

Today, he focuses on providing strategic advice to growth-oriented companies primarily at a board of director level.

Inovatec Systems provides cloud-based software solutions for any financial institution and any type of transaction, bring together all solutions in a single seamless and branded platform that can be opened to external partners and customers.