Meridian OneCap Credit received the 2022 Operations and Technology Excellence Award from the Equipment Leasing and Finance Association. The company’s award-winning project will be showcased during the ELFA’s Operations and Technology conference, which will be held from Sept. 12 to Sept. 14 in New Orleans.

“We encourage ELFA members to join us at the Operations & Technology conference, where Meridian OneCap Credit will share insights gleaned from their unique project experience,” Tawnya Stone, vice president of strategic technology at GreatAmerica Financial Services and subcommittee chair for the award, said. “You will walk away with new ideas to make your organization stronger.”

Meridian OneCap Credit was recognized for Project BOOST, a multi-year program comprised of initiatives and system releases that included a new data mart, process mapping and the redesign of critical business processes. These changes drove an operational transformation and modernized how employees work.

“Automating workflows, reducing manual processes and enhancing online capabilities for OneCap customers has resulted in improved systems functionality, service efficiency and the capacity for innovation at OneCap,” Hugh Swandel, president of Meridian OneCap Credit, said. “The various initiatives under BOOST drive technological change but, more importantly, have transformed OneCap’s culture into one of rapid, agile and digital innovation. Project BOOST has led to modernized processes, efficiency gains and improved system changes that benefit both our customers and employees.”

“For more than two decades, ELFA’s Operations & Technology Excellence Award has recognized exceptional solutions that address the business challenges equipment finance organizations face,” Ralph Petta, president and CEO of the ELFA, said. “We applaud all of this year’s award applicants for their noteworthy achievements, and we are honored to recognize Meridian OneCap Credit as the winner.”