Wolters Kluwer Shares Expertise on Digitized Lending to Bolster Equipment Lease and Financing Processes
Given increasing customer demand for digital transactions, equipment lenders would benefit from looking closely at how to further transform their processes, according to Wolters Kluwer Compliance Solutions .
- Given increasing customer demand for digital transactions, equipment lenders would benefit from looking closely at how to further transform their processes, according to Wolters Kluwer Compliance Solutions .
- ”Digitization of the entire process will solve several key pain points for the industry.
- First and foremost, digitization will significantly improve the risk and liability of exposed PII (personally identifiable information) in a paper-based environment.
- There are major inefficiencies and added costs to manage paper, keeping up with revisions,” explains Tim Yalich , Head of Automotive Strategy, Compliance Solutions, Wolters Kluwer in an article for Equipment Finance Advisor .