Technology

Accelerating Business Success Using Data Analytics in Equipment Finance

Frank Swann

In today’s market, making sense of the ever-growing data sets within our businesses is a formidable challenge. Reporting and dashboarding play crucial roles in visualizing data in an easily digestible manner. As data becomes a driving force for predictability, key... read more

AI and Data Analytics Redefine Decision-Making in Equipment Lease Finance Due Diligence

Suzie Neff

The equipment lease and finance (ELF) industry continues to experience significant change throughout, driven by the continued advancement of artificial intelligence (AI) and data analytics. Equipment Leasing and Finance Association (ELFA) recently predicted that the use of AI and predictive... read more

Consider AI’s “Personality Traits” Before Adding to Your Team

Scott Nelson

Hollywood loves teams – Hoosiers, Ocean’s 11, Rember the Titans, Miracle, That Thing You Do and Invictus are a few of my favorites. Even superheroes, the ultimate unique individuals, get team movies like The Avengers. Even though they have evolved... read more

Starting Small and Simple: 5 Takeaways from the Innovation Roundtable

Brianna Wilson

TomorrowZone hosted the final Equipment Leasing and Finance Association Innovation Roundtable of the year, moderated by founder and CEO Deborah Reuben. Held on Nov. 21, this “AI showcase” provided attendees with demonstrations of available technology that is directly applicable to... read more

Three Reasons Equipment Finance Companies Should Embrace Modern Technology

Dominic Janney

Modernizing equipment finance technology is a significant undertaking. As a result, many companies stick with old technology for too long, acting out of fear instead of seizing the opportunity. As an equipment finance executive who has recently overseen the transition... read more

Fleet Outlook: Economic Indicators, Increased Emphasis on Strategy, Data & Technology

Brian Holland

As we’re already nearing the midway point of Q2/24, there remain a multitude of economic changes creating more challenges for every industry. While this has been top of mind for many ever since the pandemic, equipment finance professionals are cautiously... read more

Fleets’ Financial Health Gets a Boost from Managed AP and AR Solutions

Patrick Gaskins

Fleets face challenges on every front, from disasters like the Key Bridge collapse, volatility in the fuel market, fluctuating interest rates, continuing shortages in the supply chain and so much more. Despite those challenges, an organization’s continued growth and viability... read more

AI Fitness Begins with Data Consolidation

Scott Nelson

Most aspirational 2024 New Years’ resolutions have fallen by the wayside leaving only those that are critical to mission and well-being. In equipment finance, Engaging AI in 2024 is one of the latter, not the former — making it a... read more

The Future of Work After AI: Human Wisdom Will Be the Most Valuable Business Asset

Jena Morgan

What does the future of work after AI look like? What if the most valuable business asset over the coming decades will be the wisdom of our mid-lifers and elders? I predict a big Western culture shift in which we... read more

Five Factors Shaping Equipment Finance’s Shift to Subscriptions

John Pearce

Subscriptions have been taking over more and more of the economy since the SaaS era took off two decades ago. This shift is finally coming to equipment finance in the form of something called XaaS: everything as a service. Why... read more

Equipment Finance and Banking: Forever Together?

Scott Nelson

Equipment Finance companies and banks are two industries irreversibly tied together by funding. The partnership is often collaborative, sometimes competitive and sometimes strategic via mergers and acquisitions. This is the everyday world of the Rinaldi Advisory Services team (RAS). RAS... read more

Old McDonald had a Dell: AI, AI, Oh!

Ken Greene

I admit that once, I thought that AI was a steak sauce. My mi-steak! It may be a special sauce, but I do not recommend pouring it into your computer. In fact, despite its ubiquity and influencer-type popularity, I caution... read more

Art in Artificial Intelligence? Can Creativity and Code Converge?

Ken Greene

In the realm of technology, where algorithms and data crunching often steal the spotlight, there exists an art form hidden in the lines of code and the depths of data sets. Yes, you read that right; there’s an art in... read more

Why HR Needs AI Too

Scott Nelson

For as long as I can remember I’ve been told that “technology will change everything.” Whether good or bad, from the wheel to electricity and the smartphone, it’s a true statement. The latest “big thing: in technology is AI. Depending... read more

Playing the ‘What If” Game

Patrick Gaskins

We are in one of the most volatile economic environments that we have seen in quite some time. Who could have predicted the failure of two major banks? The news surrounding Silicon Valley Bank and Signature Financial have made some... read more

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