Cordance Makes a Strategic Growth Investment in Goodwill Point of Sale Leader, Solutions ITW
Solutions ITW teams up with Cordance to lead the next chapter of growth in retail thrift technology
Raleigh, NC, October 22, 2024 – Cordance, a company that acquires and accelerates the growth of B2B SaaS companies, is delighted to announce that Solutions ITW will be joining Cordance’s family of retail thrift store solutions. This strategic growth investment underscores Cordance’s commitment to powering the advanced operational capabilities of Goodwill® secondhand, retail stores.
Solutions ITW is known for empowering the Goodwill mission and its retail stores by offering a comprehensive suite of SaaS solutions tailored specifically for the retail thrift industry. Its flagship product, Solutions DGR, integrates point-of-sale, donations, inventory management, and reporting tools, enabling stores to optimize operations, enhance employee performance, and drive sales. By streamlining donation processing, improving sales operations, and simplifying reporting, the solution ensures that more resources are directed toward job training, educational programs, and social services that help underserved populations. Ultimately, the software supports organizations that uplift communities through employment opportunities, skill development, and other life-enhancing services.
“At Cordance, we are focused on delivering innovative, tailored solutions that empower Goodwill retailers to optimize their operations,” said Sharon Love, Cordance CEO. “These organizations drive significant community impact by creating jobs and giving products a second life. Partnering with Solutions ITW allows us to further enhance these efforts, ensuring the technology continues to support the critical mission of clients and the communities they serve.”
“Joining Cordance marks a pivotal step in our journey to enhance the Goodwill mission,” explained Elias Bustos, Solutions ITW CEO. “By combining our expertise and vision with Cordance’s resources, we are poised to deliver software solutions that significantly boost our clients’ revenue. More importantly, this partnership enables us to empower our clients to make an even greater impact in their communities, ensuring that their success continues to translate into meaningful, positive change.”
Solutions ITW will operate as an independent business unit within Cordance, alongside Upright Labs offering a breadth of SaaS solutions that improve operations and enhance revenue. Their collaboration provides a seamless, comprehensive solution for both in-store and online operations, driving efficiency, expanding market reach, and amplifying community impact.
About Solutions ITW: Solutions ITW is a leader in providing specialized software solutions that empower Goodwill organizations to succeed through advanced technology and business support. With a focus on the unique needs of retail thrift stores, their core offering, Solutions DGR, includes comprehensive tools for point-of-sale, donations, inventory management, and reporting. Since 2005, Solutions ITW has helped Goodwill clients streamline operations, enhance employee performance, and increase sales, while minimizing training time and simplifying reporting processes. Their solutions drive both revenue growth and meaningful community impact. The company has earned a spot on the Inc. 5000 list in 2022 & 2023, reflecting its significant impact and expansion in its niche market (Inc). For more information, visit Solutions ITW.
About Cordance: Cordance is a software company that acquires and accelerates the growth of vertically-focused, B2B SaaS companies by investing in their products, processes, and people—for the long-term. Cordance seeks businesses with strong teams, high impact software, and a readiness to serve an expanded customer base. Cordance’s community of experienced operators and subject-matter experts provide go-to-market leadership, operational excellence, and financial rigor to help acquired companies realize their full potential. Visit Cordance.co to learn more.
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