Element Financial and Quick Bridge Funding will both receive the Operations and Technology Excellence Award from the Equipment Leasing and Finance Association. The award will be presented at the ELFA’s Operations Technology Conference in Philadelphia this September.

Element was recognized for engineering an innovative process to dramatically improve title and registration services across 2,700 unique jurisdictions for their fleet management customers.

Quick Bridge was recognized for building an innovative, scalable, state-of-the-art enterprise financial platform to manage its entire business. The financial platform is a real-time, web-based work-flow software system with integrated reporting, an innovative Big Data aggregation and decision/intelligence engine with robust third-party integration.

“ELFA is pleased to showcase innovative uses of technology in the equipment finance industry,” said William G. Sutton, CAE, ELFA President and CEO. “The operational improvements demonstrated by Element Financial and Quick Bridge Funding serve as models on the effective use of technology in our industry, and further demonstrate how ELFA members are ‘Equipping Business for Success.’”