Accurate recording and balancing of lease/loan entries are crucial to ensuring that your financial statements reflect your true financial position and meet compliance requirements.

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Provider of services and data-driven technologies for equipment finance, Tamarack Technology, Inc., has reached a significant milestone with its Tamarack AI™ Product Suite. As of April 2024, Tamarack’s equipment finance customers are using its SaaS products to manage more than 50,000 contracts with combined Contract Balance Receivables over $5 billion.

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Solifi Portfolio Management – ILS provides flexible capabilities when disposing of inventory. Whether you need to perform complete or partial contracts, ILS provides options.

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The Check Inquiry and Unapplied Suspense Balance modules within Solifi’s Lease and Loan Portfolio Management Software now provide visibility into the history of a transaction. This allows customer service team members to trace transactions with greater ease within the software application.

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Thought leaders approach most topics walking the line between being first with an idea and having recognized peers supporting/validating the idea. We approached the first article in this series (When uncertainty hits the balance sheet: High Residuals) with that usual balance in mind and are happy to report that we have company in our observations as well as novelty in some of our recommendations.

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According to Economist Frank Knight, uncertainty is a lack of knowledge which is immeasurable and impossible to calculate. He also said uncertainty is the only true source of profit because, unlike risk, uncertainty cannot be hedged. If uncertainty is a source of profit, there is money to be made here.

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