The increasing reliance on technology by equipment finance companies in virtually every aspect of their businesses makes investment in software solutions a critical consideration. To assist in the decision-making process, the Equipment Leasing and Finance Association released its 2023 Software Guide.

The 2023 ELFA Software Guide includes:

• A checklist for evaluating software solutions, including what to consider when selecting software for a business, from defining strategic goals to assessing the software’s flexibility to support growth
• Key themes to consider for equipment finance companies looking to take a step forward on their path toward a digitally optimized business
• Resources to prepare for new data collection and reporting requirements on the association’s “Section 1071” industry topic page
• Detailed listings for 20 software vendors and links to the latest ELFA technology resources