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Digital Business 101: Five Steps to Faster and Better Posted by Scott Nelson in Perspectives on 2/21/2022 Transformation to becoming a “digital business” may be a tired topic, but how many finance companies can actually claim success? Indeed, how many business leaders have a definition of success for digital transformation much less have communicated it companywide? Read More

Scott Nelson Joins Marketing and Technology Advisory Council Posted by Tamarack in Tamarack News and Updates on 1/20/2022 Tamarack CDO Scott Nelson has been invited to be a founding member of The First National Bank in Sioux Falls’ (FNBSF) Marketing and Technology Advisory Council. Read More

When Uncertainty Hits the Balance Sheet: High Residuals Posted by Tamarack in Perspectives on 1/5/2022 According to Economist Frank Knight, uncertainty is a lack of knowledge which is immeasurable and impossible to calculate. He also said uncertainty is the only true source of profit because, unlike risk, uncertainty cannot be hedged. If uncertainty is a source of profit, there is money to be made here. Read More

Tamarack Trail Mix: Security Deposit Processing Posted by Tamarack in Perspectives on 11/10/2021 InfoLease provides automation support for Security Deposits in many areas including booking, IRR calculation, and buyout quotes/dispositions. In this Trail Mix installment, we will look at two parameter settings that impact Security Deposit processing. Read More

Growing the Power of the Invoice with Digital Transformation Posted by Scott Nelson in Perspectives on 8/17/2021 The equipment finance industry “owns the invoice,” putting lessors at the nexus for helping customers connect among a growing list of sectors. Scott Nelson details the steps necessary for defining the good, the bad and the ugly for invoice methods and techniques. 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