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Technology

Jevons Paradox Meets Moore’s Law: Why AI Will Drive More Hiring in Equipment Finance

Ever since 2001: A Space Odyssey introduced HAL 9000 in 1968, artificial intelligence (AI) has been perceived as a technological creature that would take the place of humans in the workplace. But the truth is that AI is making employees more productive and companies more competitive. AI is once again bringing the counterintuitive reality of Jevons Paradox into view. ... read more

Automating Tax Processes: An Opportunity to Manage Data Overload

Endless streams of data can make it challenging for companies to manage tax compliance activities. Kelly Necessary, a tax partner at FORVIS, provides insight on automation tools available to meet tax compliance standards.... read more

Beware of the IoT

Paul Bent is back with a history lesson on the “Internet of Things” as well as an update on protecting your firm from the liability of data collection, internet connectivity and potential threats to equipment assets in the ever-connected world of the internet. ... read more

Emerging Trends in Equipment Finance: Innovating Today to Compete in a Connected, Automated World

Technology continues to transform business models around the globe as companies compete for customers and employees. How will emerging technologies impact equipment finance and what will the industry look like in five to 15 years? Monitor checks in with three industry leaders who share their outlooks and provide advice for creating business strategies that will survive the test of time.... read more

Beyond the Asset: How Financing Can Support Total Device Lifecycles

Data and electronic devices are so pervasive in our everyday lives that it’s easy to forget how much information is moving around as well as where all that data goes when it’s time to replace it for something newer. Rick Trobman, president of the tech solutions global business unit at DLL, explains how finance experts can assist in protecting data, the environment and clients alike.... read more

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

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Terry Mulreany
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