Digital
How do we prepare ourselves for a future that requires business digitalization? That is the question that Deborah Reuben, David Woodroffe, and Scott Nelson set out to answer during the latest ELFA Wednesday Webinar sponsored by the BCBS committee and moderated by FIS’s Joseph Franco.
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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.
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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.
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Recently I was asked to opine on trends in the sensor marketplace. The question is one I have considered many times in my career and lately is a daily consideration given the importance of data to both personal and professional life. The challenge with the question is that sensors are no longer just a physical thing. Today we can combine data inputs from multiple sources, some physical some virtual, add some cognitive insight, and craft a recipe for a new measurement. But recipes only work reliably when the ingredients are fresh and the instructions followed diligently.
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Company’s evolution reflects the changing dynamics of the industry and adoption of technology
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As the equipment finance industry evolves, technological advancements must explore emerging technologies as a solution to greater control of risk.
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