A\u00a0 pandemic came out of nowhere and has hit the economy hard.\u00a0 It has affected global logistics and supply\u00a0 on a scale we\u2019ve never seen before, which has had a trickle-down effect on ABL lenders. \u00a0 Depending on where you sit in the ABL ecosystem, you might be seeing more borrowers needing funding and\/or existing borrowers feeling leveraged.\u00a0<\/span><\/p>\n <\/p>\n The increased demand is keeping lenders\u2019 hands full with workouts for existing borrowers as well as figuring out which new deals to intake while the risk factors are now much higher.\u00a0 And to top this all off, there has been a nationwide mandate to stay at home. Fortunately, many of our ABL users have been able to work from home using our Cloud software and<\/em> keep their back-office teams running business as usual.\u00a0\u00a0<\/span><\/p>\n \u00a0<\/span><\/p>\n A couple benefits of working from home with our software include an <\/span>easy transition from workplace to home workstation with no downtime getting back to productivity, and <\/span>accessibility to everything your\u00a0team\u00a0needs (<\/span>from client records to monthly reporting<\/span><\/i>) all in one place; this translates to fewer clicks and less time spent navigating. The platform functions as your team’s full system-of-record and is seamless when compared to other desktop-based systems.\u00a0<\/span><\/p>\n <\/p>\n A lot of our clients have been as productive, or more productive, working from home. While none of us knows what things will look like in the next 6 months, we have to ask ourselves going forward, whether working from home continues as the norm for ABL teams or if they ought to go back to the office full time? Maybe it looks like a hybrid?<\/span><\/p>\n <\/p>\n We\u2019d love to know what your organization has discovered while working from home. What\u2019s working and what\u2019s not?\u00a0 What tech-forward changes have you made to maintain productivity? When WFH is no longer mandated, what new practices will your organization hold onto?<\/span><\/p>\n A\u00a0 pandemic came out of nowhere and has hit the economy hard.\u00a0 It has affected global logistics and supply\u00a0 on a scale we\u2019ve never seen before, which has had a trickle-down effect on ABL lenders. \u00a0 Depending on where you sit in the ABL ecosystem, you might be seeing more borrowers needing funding and\/or existing […]<\/p>\n","protected":false},"author":2,"featured_media":202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n
\n<\/span>#fintech #techforward #operations<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"