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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

Tamarack Trail Mix: NJS User Exits Posted by Tamarack in Perspectives on 6/28/2021 The Nightly Job-Stream (NJS) allows you to combine both system updates and reporting functions into a single process that can be pre-scheduled to run daily, monthly or yearly. One of the features of NJS processing is the ability to further customize the process by imbedding your own processes to automatically run within the NJS. Custom processes can be incorporated into one of seven “User Exit” points that occur at specific times during the NJS process. 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

Tamarack Trail Mix: Data Migration Posted by Tamarack in Perspectives on 5/26/2021 Some tips to make you look like a pro! Learn how to quickly resolve issues related to "hidden" or non-displayable characters and incorrect EOL characters. Read More