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Equipment Lease and Loan Finance Software Platform

What We’re Talking About

Digital Transformation For Equipment Finance Matters

What is Digital Transformation and why does it matter? Digital transformation is the customer-centric reimagination of the future of digital technology into all areas of business. The transformation has brought many benefits to the equipment finance industry and has created a shift in the prevailing thinking and culture regarding adopting technology.

In the new reality of the post- COVID-19 economy, digital transformation has gone from a priority to absolutely critical for companies. Prior to COVID-19, companies took time with a slow and steady approach. However, the lessons learned by the disruption caused by the pandemic, has replaced the slow approach with need to accelerate digital transformation. It is now an imperative that companies begin driving a digital culture into their organization.

2023 & Beyond: Digital Tech Trends In The Equipment Finance Industry

The key trends in equipment finance technology to look for in 2023 and beyond to look for:

Automation: Streamlining processes and providing faster, more accurate decision-making.
Digital Platforms: Transforming interactions with customers by enabling customers to apply for financing, manage accounts and access information and services online.
Internet of Things (IoT): Providing data on performance and usage to improve maintenance schedules, predict equipment replacement timeframes, and identify opportunities for cost savings.
Block-Chain Tech: Providing greater transparency and security enabling companies to create secure records of equipment ownership and transactions, reducing risk for fraud and errors.

LTi Technical Solutions

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The latest news from LTi Technology Solutions, LTi Technology Solutions (LTi), a leading provider in lease, loan and asset finance software solutions.

Working Remotely During COVID-19: 7 Tips

Working remotely for companies is becoming more prevalent as the impact over COVID-19 continues to rise in the U.S. With states increasing to mandate “staying-at-home,” residents are to avoid nonessential outings. Today we outline how you can adopt an effective remote-work strategy. This will allow you to continue delivering results throughout your organization.