equipment

Delivering on Promises Posted by Timothy Appleget in Perspectives on 7/14/2021 As an equipment finance professional with more than 25 years of experience including more than 15 business acquisitions, I can tell you two things about a “seller’s market” – prices are going up and promises to management are going to be harder to keep. Buyers beware. Read More

Reliance Bank Taps Tamarack’s Scott Nelson for Advisory Board Posted by Tamarack in Tamarack News and Updates on 7/7/2021 St. Paul, Minn. (July 7, 2021) —Tamarack Technology, Inc., a leader in providing independent software solutions in the equipment finance and commercial lending industry, is proud to announce that its Chief Digital Officer Scott Nelson, PhD has been invited to join the advisory board for Faribault, Minn.-based Reliance Bank. In his role on the advisory board, Nelson will provide Reliance with guidance on adoption and advancement of digital technology. Read More

Accounting Fundamentals – Knowing if the Technology is Broken Posted by Tamarack in Perspectives on 6/25/2021 In the complex world of lease types, workflow, and accounting principles how does one know when the technology is broken? At Tamarack we find that there are three keys to enterprise system efficacy and efficiency. Read More

The Internet of Things is now about people – generations of people Posted by Scott Nelson in Perspectives on 6/22/2021 Business consultants and operational leaders have a focus on two big promises of IoT: cost reduction through automation and better asset management. Both are delivered and propagated by the analysis of data that IoT edge devices generate from the value chains of enterprise operations. But this view has a pronounced blind spot, the fact that IoT success will be driven by dramatic demographic shifts. Read More

Usage-based Financing: Not Your Father’s Copier Lease Posted by Scott Nelson in Perspectives on 6/1/2021 “Why should I pay for more than I use?” It’s a simple question and not new. Usage-based leasing (UBL), also called consumption-based financing in some circles, has been around for decades but has become of keen interest post-COVID because it speaks to market demands for flexibility. Read More

The SaaS Paradox: Empathy Without Names Posted by Scott Nelson in Perspectives on 5/27/2021 The harsh reality of Internet & enterprise software-based business models is that one scales exponentially and the other scales only as fast as the company can develop a relationship with each customer. But knowing your customers needs and meeting those needs is a fundamental of any business. So how does one succeed independent of relationships-by-name? The answer to this paradox can be found in three key principles in the practice of SaaS business models. Read More