Technology

Driving Equipment Sales Growth Through Integrated Point-Of-Sale Financing

Robert Preville of KWIPPED urges financing providers to consistently promote financing options at every point of sale to both capture market share and increase sales success. ... read more

Let’s Play: How a Virtual Board Game is Creating Connections in Virtual Workplaces

Drastic changes in how and where people work has spurred numerous innovations to help enhance the virtual office. One such innovation is Cozy Juicy Real, a virtual board game and team-building tool meant to help facilitate deeper interpersonal connections among colleagues. ... read more

Choices, Changes & Challenges: What Technology Taught Us in 2020

Strenuous circumstances provoke necessary adaptation to ensure survival and success. The COVID-19 pandemic presented unique obstacles for the equipment finance industry, which was an industry already in the midst of change. Leaders from four financial technology companies share how, in 2020, technology became paramount to the path forward.... read more

How the Servitization Model, Cloud and IoT Can Aid Manufacturers

Unmesh Pai, product management and strategy senior director at Oracle Financial Services, details the importance of embracing new forms of financial flexibility through technology. In this Monitor Exclusive, learn more about how servitization, the cloud and the Internet of Things can assist or improve your business model.... read more

Pay-Per-Use and As-a-Service Equipment Management is Now a ‘Must Have’ Capability

It’s no longer a question of if pay-per-use and as-a-service equipment management will catch on, it’s when it will become a dominant force in the industry. Ian Robertson, Nick Feasey and Tim Pearce outline why companies need to catch up with this ever-accelerating trend.... read more

Mission Critical Technology Delivers the Flexibility and Agility to Compete

The pace of technology adoption has accelerated over the last year, and what was once considered innovative has now become essential to staying competitive. Monitor checks in with three technology leaders about the mission critical technology of 2021. ... read more

Not Another Buzzword: Top Technology Terms You Need to Know

Let’s face it, to the uninitiated, conversations about technology can sometimes sound like a long string of buzzwords. But understanding certain terms and implementing them will be vital to the continued success of equipment finance. With the help of our guest editors and several service providers, Monitor assembled a primer of essential technology terms. ... read more

The Fintech Solutions Driving the Digital Transformation of Lease Management

For equipment leasing companies to survive and thrive through the rest of the COVID-19 pandemic and beyond, they must fully embrace digital transformation. Mukul Mittal outlines the most important trends in financial technology and how equipment lessors can use them to improve all aspects of lease management. ... read more

Technology Ecosystems Will Change Equipment Finance

Technology does not exist in a vacuum. Like living things, each technology trend exists in an ecosystem. Scott Nelson explores five technology ecosystems the equipment finance industry must consider to stay relevant and successful for many years to come. ... read more

Playing Catch Up: Advice from Six Technology Leaders

The pace of digital transformation has accelerated in 2020, but the equipment finance industry is still light years behind the consumer space. Monitor checked in with six technology leaders to talk about how the industry can catch up and ensure a smooth transition for employees and customers. ... read more

Strengthening Your Digital Strategy for Sustained Recession Recovery

The COVID-19 pandemic has caused dramatic shifts in the way many equipment finance companies do business, making digital strategy more important than ever. Vladimir Kovacevic discusses how to identify your company’s areas of need, merge antiquated systems, strengthen digital solutions and plan for recovery.... read more

Selling Software for Three Decades — Has It Changed in the Digital Era?

Joe Franco has been selling software since the 1990s. He explores how the process has changed over the years and explains why the industry must move beyond the concept of disruption, standardize technology and leave legacy systems in the history books. ... read more

Critical Technology: Accelerating Digital Transformation After COVID-19

COVID-19 has forced the equipment finance industry to accelerate digital transformation strategies. Monitor checked in with the leaders of six technology companies to discuss how lenders are pivoting to streamline payment modification requests, enable self-service and increase agility in the wake of the pandemic. ... read more

How the Pandemic is Driving the Digital Transformation in Leasing Services

Mukul Mittal, an architect of lease technology from Q2, reflects on the growing demand for usage-based and automated leasing services.... read more

Bringing an Analytical Mindset to Your Organization

Data analytics have been buzzwords in the financial field for a few years now, but many companies still struggle with implementation. Brian Schonfeld provides a basic framework for organizations, brokers and other stakeholders in the equipment financing and leasing industry to follow as they set up their own internal analytic systems.... read more

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Terry Mulreany
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