ELFA Software Guide Highlights Six Pandemic Tech Trends



The Equipment Leasing and Finance Association released its 2020 ELFA Software Guide showcasing the leading software solutions for the equipment finance industry. The guide is designed to help equipment finance companies compete in the new digital frontier. Whether companies are seeking to increase efficiency, improve the customer experience, secure their data or meet changing employee needs during the COVID-19 pandemic, among other goals, the guide will help them discover technology tools to solve problems and create opportunity.

The 2020 ELFA Software Guide includes “6 Tech Trends Facing Equipment Finance,” highlighting the changing nature of work in the face of the COVID-19 pandemic. The trends include:

  1. Remote adoption will create a hybrid approach to working.
  2. New technology and legacy processes must merge.
  3. Videoconferences should be used — and managed.
  4. Front- and back-end systems are adopting new technology.
  5. Cybersecurity has gotten more complex.
  6. Investment in the client experience is essential.

The guide also includes “Quick Quiz: How do you know when it’s time to upgrade your software platform?”

Visit the ELFA website to access the full 2020 ELFA Software Guide:


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com