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Brighton Jones

Whether you want to save for the future or celebrate today, give back to the community or explore the globe, your values are every bit as unique as your fingerprints. The challenge is aligning your time and resources to those values, so you can go after the things you truly care about.

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Building Blocks for Success: Top 10 Accounts Receivable Books

Article | March 22, 2024

Explore advanced strategies in accounts receivable books, ideal for professionals aiming to optimize cash flow. Learn how to master credit control with insights from top accounts receivable books. Contents 1. Introduction 2. Compilation of 10 Must-read Accounts Receivable Books 2.1 Accounts Receivable Management Best Practices 2.2 Financial Statement Analysis: A Practitioner's Guide 2.3 Essentials of Credit, Collections, and Accounts Receivable 2.4 The Accounts Receivable Blueprint 2.5 Managing Accounts Receivable 2.6 Paid in Full: Effective Collection of Accounts Receivable 2.7 Credit Management Handbook 2.8 Collect Your Money 2.9 Accounts Receivable Factoring Guide 2.10 Accounts Receivable Ledger 3. Wrap Up 1. Introduction Introduction In finance and business management, mastering the intricacies of accounts receivable is paramount for ensuring smooth operations and sustained growth. As such, exploring accounts receivable literature becomes not only beneficial but essential for professionals and entrepreneurs alike. Reading accounts receivable books is crucial for business professionals as they offer insights into financial health, cash flow management, risk assessment, customer relationship management, compliance, performance evaluation, and strategic decision-making. By analyzing accounts receivable, businesses can manage liquidity, monitor cash flow, mitigate risks such as bad debts, adjust credit terms for customer relations, ensure accounting standards compliance, assess credit processes efficiency, and inform decisions on credit policies, pricing, and forecasting. 2. Compilation of 10 Must-read Accounts Receivable Books This article delves into fundamental principles and effective accounts receivable strategies, catering to the needs of finance professionals and small business owners. These top 10 accounts receivable books will help readers gain insights into optimizing cash flow, enhancing credit control, and minimizing debt. 2.1Accounts Receivable Management Best Practices Author: John G. Salek This book explores the significance of effectively managing accounts receivables and offers established principles by the author, who is a seasoned financial professional with over sixteen years of experience. Geared toward managers directly responsible for overseeing receivables, directors of customer financial services, credit managers, as well as those indirectly responsible, including controllers, treasurers, and CFOs, this book serves as a guide to: maximizing the effectiveness of an accounts receivable management system, demonstrating the potential benefits of implementing the best practices outlined in the book, using real-world examples to elucidate key concepts, highlighting best practices with a proven track record across various industries, encompassing U.S., multinational, and foreign companies serving customers in both private and public sectors, and addressing policy and procedural best practices to ensure compliance with Sarbanes-Oxley regulations. The book equips readers with practical techniques that can be promptly implemented to drive improvement. 2.2Financial Statement Analysis: A Practitioner's Guide Authors: Martin S. Fridson and Fernando Alvarez The 5th edition of Financial Statement Analysis presents a comprehensive framework for examining financial statements, whether for stock evaluation or valuation in mergers and acquisitions. Moving away from the conventional approach of accepting financial reports without scrutiny, this updated edition provides readers with practical analytical techniques to reveal the hidden realities concealed within the numbers. Amidst today's volatile markets and uncertain economic conditions, this updated edition provides fresh insights essential for the analysis of financial statements. What to expect from this book? The accounts receivable book is crucial for professionals and investors seeking to enhance their understanding of financial statements, recognizing the tactics companies employ to distort information. By mastering the interpretation of both GAAP and non-GAAP standards, readers can elevate their decision-making processes, refine stock valuations, and optimize strategies for mergers and acquisitions. Packed with real-world examples and expert insights, this edition is a valuable resource for analysts, investors, and students alike, facilitating deeper comprehension and interpretation of financial statements. 2.3Essentials of Credit, Collections, and Accounts Receivable Author: Mary S. Schaeffer The book deals with a deep understanding of the intricacies involved in managing credit processes within organizations. The author has projected various facets of credit management, offering readers a comprehensive toolkit to deal with this complex terrain effectively. The author elucidates key concepts and provides actionable insights, along with strategies for optimizing credit processes. Real-world case studies/span> and examples demonstrate application in diverse organizational settings, thereby enhancing its value for practitioners across industries. The book delves into best practices for extending business credit. It offers proven techniques to prevent unauthorized deductions and mitigate unearned discounts. Additionally, it provides insights into the latest advancements in Internet, electronic, and high-tech applications, all of which are relevant to credit management. The book presents practical real-life strategies aimed at improving collections. 2.4The Accounts Receivable Blueprint Author: Simon Andrew ‘The Accounts Receivable Blueprint: Unlocking Financial Success with Proven Strategies’ offers a comprehensive guide to mastering the art of accounts receivable management and unleashing the full potential of businesses. The book provides a wealth of proven strategies, best practices, and expert advice to optimize accounts receivable processes, covering crucial aspects from credit assessment and invoicing to collections techniques and risk management. Readers will learn to design effective credit policies, establish credit terms, and nurture customer relationships for timely payments, as well as refine invoicing, streamline billing processes, and handle disputed invoices adeptly. Additionally, the book explores the transformative power of automation, technology solutions, and integration with other business systems to enhance efficiency and accuracy. Essential performance measurement techniques, continuous improvement methodologies, and real-world case studies are also provided to bring concepts to life. Readers gain invaluable insights into assessing credit risks, preventing fraud, and mitigating non-payment risks. Furthermore, readers will gain insights into upcoming trends in accounts receivable management, such as advanced automation, data analytics, and improved customer interactions, positioning them at the forefront of industry advancements. Whether individuals are business owners, financial professionals, or accounts receivable managers, this book serves as their essential tool for attaining financial success. 2.5Managing Accounts Receivable Author: Bob Oros This concise 70-page booklet ‘Managing Accounts Receivable: How 54 Sales Professionals Collect Past Due Accounts’ offers a focused examination of the strategies employed by 54 seasoned sales professionals in the recovery of overdue accounts. While it may not cater to those seeking a comprehensive volume packed with intricate details, it serves as a valuable resource for individuals seeking a succinct overview of effective techniques in this field. Designed for distribution among sales teams, especially suitable for those who prefer a streamlined approach to information consumption, this booklet provides practical insights into accounts receivable management. Furthermore, it underscores the importance of maintaining a reasonable balance of accounts receivable, typically between 1.5% to 2.5% of gross income, as a hallmark of sound financial management. Statistical findings highlighted within the book indicate that while a considerable portion of overdue payments are eventually settled, the longer they remain outstanding, the lower the likelihood of collection. 2.6Paid in Full: Effective Collection of Accounts Receivable Author: Timothy R. Paulsen This book offers strategic insights aimed at enhancing the efficiency of accounts receivable collection processes, with a focus on fostering effective communication and negotiation skills to facilitate prompt payments. It presents a compendium of proven techniques designed to expedite the collection of outstanding debts while maintaining positive customer relationships. Covering essential aspects such as the phases of a collection call, mastering the appropriate tone, and addressing common objections, it serves as an invaluable resource for both novice professionals embarking on their careers and seasoned executives seeking to refine their proficiency. This accounts receivable book transcends mere informational content by captivating readers with a plethora of real-life examples and anecdotes. It sheds light on the often misunderstood collections, emphasizing their critical role in asset management and customer relations within the business sphere. It intersperses thought-provoking quotes from diverse sources, further enriching the reader's journey through its pages. The book acknowledges communication mediums, advocating for proficiency not only in verbal exchanges but also in written correspondence, including letters, faxes, and internet-based communication. 2.7Credit Management Handbook Author: Cecil J. Bond The ‘Credit Management Handbook: A Complete Guide to Credit and Accounts Receivable Operations’ is designed to assist the credit department in significantly contributing to a company's monthly cash flow. This comprehensive handbook guides effectively screening, selecting, and monitoring accounts, as well as enhancing collection efforts to ensure the necessary cash inflow into the company's financial pipeline. Comprising 31 detailed chapters, each addressing a critical aspect of credit management, the handbook is supplemented by over 100 essential forms, sample letters, reports, and exhibits. Practical examples elucidate the application of advice to real-world decision-making scenarios. The book covers key topics such as establishing a flexible credit policy, optimizing departmental organization, improving decision-making processes, efficient account monitoring, effective collection techniques, handling international credit sales, and leveraging Uniform Commercial Code provisions for asset safeguarding. Additionally, the handbook provides strategies for securing creditor status in bankruptcy scenarios and outlines contingency planning measures to mitigate the impact of economic fluctuations on receivables. Regardless of economic conditions or company size, the Credit Management Handbook serves as a comprehensive resource to maximize internally generated cash flow and support long-term business growth. 2.8Collect Your Money Author: Cody Flecker The book ‘Collect Your Money: A Guide to Collecting Outstanding Accounts Receivable for Your Business’ highlights how poor management of accounts receivable has emerged as a significant factor contributing to the 16% surge in business bankruptcies. Avoiding such pitfalls is imperative for sustaining their financial health. This comprehensive manual elucidates the strategies necessary to achieve this objective. By mastering the art of persuasive communication outlined within these pages, businesses will effectively transition overdue accounts into current, non-delinquent ones. This accounts receivable book equips readers with the tools to optimize recovery efforts. ‘Collect Your Money’ is crafted to empower individuals of all educational backgrounds to become proficient producers of overdue income. Its accessible language, coupled with practical examples and time-tested techniques, facilitates understanding and practical application. A groundbreaking resource, it is a must-read for every small business striving to overcome challenging financial situations and recover lost revenue. This invaluable guide is highly recommended for any small business seeking to enhance its financial viability. 2.9 Accounts Receivable Factoring Guide Publisher: Green Initiatives Narrator: Jack Chekijian The audiobook ‘Accounts Receivable Factoring Guide: Definition, Best Companies, Cost Guidance. Expedite Your Business Cash Flows Today’ explores the intricacies of accounts receivable financing. This invaluable resource delves into the utilization of accounts-receivable financing as an alternative funding avenue, strategically designed to enhance a business's liquidity and foster growth, particularly tailored for enterprises in a phase of expansion. This audiobook elucidates the nuances of accounts-receivable financing in clear and accessible language. It offers practical insights and actionable advice to empower businesses to capitalize on this financing method, amplifying and expediting cash flow processes. The pages of this audiobook present invaluable resources on the premier factoring companies, delineations of service types, elucidations of cost structures, and an exploration of various factoring rates. 2.10Accounts Receivable Ledger Author: E. Pepperstone Press The 'Accounts Receivable Ledger: Accounting Book Sheets Simple Layout to Track Customer Payments' is an indispensable resource for businesses. It offers a practical and structured approach to monitor and manage customer payments efficiently. The book provides businesses with a straightforward layout for recording and tracking customer payments, ensuring accurate financial records. Its user-friendly design includes columns for customer details, invoice numbers, payment dates, amounts owed, received payments, and outstanding balances. By utilizing the strategies discussed in this book, businesses can streamline their accounting processes, enhance cash flow management, and promptly follow up on overdue payments. It simplifies the complex task of managing accounts receivable, making it an invaluable asset for businesses striving for financial clarity and efficiency. 3. Wrap Up These accounts receivable books are essential guides for professionals grappling with accounts receivable challenges and seeking effective solutions. Through a blend of theoretical understanding and practical strategies, these resources emphasize the importance of AR management in optimizing cash flow, improving customer relationships, and managing the complexities of financial reporting. By equipping readers with the skills to efficiently manage and analyze their ledgers, these books lay the groundwork for financial success, ensuring that professionals are well-prepared to tackle the modern-day challenges of financial management with confidence and proficiency.

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Fintech

How Insurance Software Tools Are Transforming Insurance Practices

Article | March 13, 2024

Read this article to find out how these insurance software tools are catalyzing insurtech innovations, streamlining processes, improving efficiency, and propelling the insurance industry forward. Contents 1 Adapting to the Digital Era with Insurance Software Tools 2 Latest Insurance Software Tools for Modern Practices 2.1 OneShield Claims 2.2 360SiteView 2.3 Snapsheet 2.4 InsuredMine 2.5 BriteCore 2.6 Origami Risk 2.7 Ventiv Claims 2.8 myCOI 2.9 AgentSync 2.10 ePayPolicy 3 Future Prospects 1. Adapting to the Digital Era with Insurance Software Tools The insurance industry, known for its inherent complexities and constant evolution, is experiencing a significant shift with the introduction of advanced insurance software tools. These tools, utilizing technologies such as AI, IoT, and blockchain, are changing how insurance companies operate. The implementation of these technologies significantly improves operational efficiency and simplifies intricate processes through meticulous data management. This capability helps insurance firms make better decisions, offer customized experiences to customers, and conduct accurate risk assessments. This article illustrates the crucial role of insurance software tools in updating insurance practices, highlighting the necessity for their strategic adoption by insurance companies aiming to thrive in the digital era. It showcases the significant impact these tools have on improving operations and leading the way in developing innovative and competitive insurance products and services. 2. Latest Insurance Software Tools for Modern Practices These must-have insurance software tools highlight their unique features and explain why they stand out at the forefront of insurance technology. These tools can streamline operations, enhance customer engagement, and facilitate accurate risk assessment. 2.1OneShield Claims OneShield Claims plays an instrumental role in augmenting operational and procedural efficiencies. It elevated service levels for agents and members, reducing financial exposure and sustaining customer retention. Its key features include the following: It can be accessed and managed through a web browser, facilitating the automation of sales and service of insurance products across personal, commercial, and specialty lines. It emphasizes the importance of delivering solutions within the agreed timeframe, ensuring clients receive timely support for their insurance needs. It also facilitates the tracking of activities and identification of opportunities before claim conversion. It offers First Notice of Loss (FNOL) Reporting, which is essential for initial claim reporting. It utilizes cloud-based and SaaS technologies to offer scalable, accessible, and efficient insurance management solutions. It assigns claims based on criteria such as user role, skill set, location, and line of business, among others. It coordinates service requests for vendors throughout the claim's lifecycle. It identifies recovery opportunities across various types such as salvage, subrogation, reinsurance, deductible, etc. 2.2360SiteView 360Globalnet introduces a new era in insurance claims management by digitizing the entire claims lifecycle, from FNOL to settlement, through the implementation of a no-code online digital claims core system technology. This insurtech innovation offers policyholders a seamless customer experience that aligns with their contemporary consumer expectations while simultaneously reducing the operational costs of claims management through supply chain orchestration and automation. Other benefits of this insurance software include the following: It presents advanced, cost-efficient claims solutions directly to insurers. These solutions encompass specialized crowdsourced investigation, digital drainage surveillance, subsidence examination/repair, as well as services for the escape of water, flood, and fire claims. A transformative aspect lies in its no-code architecture, which allows for the construction of workflows and processes directly from the desktop without the need for coding expertise. 360SiteView facilitates the automation and orchestration of all parties involved in a claim, including agents/brokers, customers, third-party supply chains, and so on. It allows virtual interactions with every party involved in the claims process with embedded live-streaming functionality, supporting the management of any sort of media, including paperwork, video, and photography. Moreover, it achieves this across various domains, including property, casualty, accident/health, and life. 2.3 Snapsheet The insurance software solutions provided by Snapsheet redefine the claims management process, presenting a cloud-based platform that revolutionizes each stage. The advantages of this customized insurance software include digital automation, seamless integration, and dedicated support. These benefits aim, to reduce time, cost, and stress in insurance claims processing. Other characteristics include the following: From precise damage estimation to rapid payment processing and seamless interaction with claimants, Snapsheet equips users with the ability to automate claims handling effortlessly. Through the optimization of the claims process, Snapsheet effectively minimizes both time and expenses, facilitating the maximization of profits and the stimulation of business expansion. The tool transforms claim operations, fully unlocking their potential. Snapsheet simplifies insurance claims processing through its advanced cloud-based software platform. It supports streamlining appraisals, claims, payments, or all three with a digital end-to-end solution. 2.4InsuredMine InsuredMine stands as a comprehensive digital platform, merging a suite of integrated technologies specifically designed to empower independent agents and carriers. Other key attributes are: It delivers an omnichannel experience to clients, facilitating growth through enhanced lead conversion, improved contact engagement, and extended client retention. This effective insurance software boasts a wide array of features. These include a CRM tailored for insurance agents, task management, goal setting, a dashboard equipped with charts, widgets, and KPIs, marketing automation, a sales & service pipeline, management of opportunities, chat functionalities through app & text, Google reviews, and an Insurance Wallet Mobile App. InsuredMine simplifies the journey from capturing leads to policy renewal with its insurance CRM, automating tasks for increased operational efficiency and growth. 2.5BriteCore BriteCore is a core cloud insurance solution designed specifically for Property & Casualty (P&C) insurers. It administers policies, manages billing and claims, quickly configures new products, and provides access to comprehensive reporting and analytics within a unified core system, which includes portals for agents and policyholders. Other principal components: The reporting and analytics component of BriteCore features executive dashboards tailored to different user personas, advanced analytics, and extensive reporting capabilities. This functionality facilitates the identification and pursuit of new business opportunities for growth or cost optimization. BriteCore is constructed for adaptability and rapid execution in real-time, utilizing contemporary technologies such as in-memory databases, machine learning, and data visualization. The design of this software for insurance companies emphasizes ease of use in product and rating modifications. Thus, it ensures that changes can be implemented swiftly by the users' team or by BriteCore's professional services team. Pre-established templates and workflows support the swift introduction of new insurance products, with version control providing an additional layer of security. This advanced insurance software is designed to be interconnected, allowing for the evolution and integration of the latest trends and technologies within the insurance industry. Through its ecosystem, BriteCore introduces many new capabilities by partnering with a broad array of third-party insurance solution providers. Moreover, built-in APIs facilitate the rapid development of new, value-added integrations by BriteCore and its community, enhancing the platform's overall utility and adaptability. 2.6Origami Risk Origami Risk offers a sophisticated and versatile, integrated SaaS platform tailored for insurance, risk, safety, and compliance management. It furnishes entities with a unified system to streamline essential workflows, amass data, utilize analytics, and interact with stakeholders. Other benefits of this insurance software solution include the following: The P&C Insurance solution by Origami encompasses policy administration, rating, billing, claims administration, and loss control, alongside analytics, dashboards, and reporting features. Its Risk Management solution consolidates data on insurable and non-insurable risks, facilitating the automation of risk, audit, compliance, health, and safety processes. Origami's cloud-based platform is tailored to the diverse needs of the risk and insurance sectors. The platform supports clients across government, healthcare, construction, insurance, retail, manufacturing, energy, and waste management. The tool’s Risk Management offers advanced SaaS solutions to enhance operational efficiency for organizations. It improves workflow management, analytics optimization, and stakeholder engagement across various industries. 2.7Ventiv Claims Ventiv Claims operates as an extensive claims administration platform, integrating several Claims Management modules. Its key enhancements include a variety of supporting modules like Absence Management, Enterprise Legal Management, Workers’ Compensation, Policy Management, Billing Management, Claims Intelligence, Corrective Action Plans, and Incident Reporting. The advantages of this insurance software tool comprise the following: Originating from the perspective of claims examiners, the system is designed to streamline the claims management process. It incorporates intuitive features such as diaries, business rules, workflow management, notepads, and financial management tools. The system allows for the creation of custom workflows. These help improve the efficiency of claims, documents, and policy administration tailored to the specific needs of each client. It facilitates control over key areas: incident intake, claims consolidation and administration, supervision, and management of legal risks and litigation. The tool tracks all claim details, including loss descriptions, causes, and financials, with options to define claim types, payment buckets, and detailed transactions. Ventiv Claims enables monitoring of claim trends, identification of loss drivers, optimal reserve setting, promotion of successful coverage outcomes, and accurate loss data provision for actuarial analysis. 2.8myCOI Established in 2009, myCOI offers a comprehensive COI software and service solution using AI and cloud technology. It is designed to protect organizations from costly claims and ensure compliance. Some of its distinguished features include the following: myCOI automates COI management, compliance tracking, and risk reporting for vendors, suppliers, tenants, subcontractors, franchisees, and carriers. Streamlines the manual process of verifying, storing, monitoring, and tracking COIs, including validation of vendor information and coverage dates. Simplifies the labor-intensive process of managing certificates of insurance, making it easier to maintain accurate and up-to-date information on expiration dates and coverages. Its tracking software enhances the management of insurance certificates. It ensures accuracy, facilitates timely renewals, and improves compliance with insurance regulations. By automating critical processes, it renders insurance management and certificate tracking more efficient, reducing administrative burdens, and elevating compliance and risk management capabilities. 2.9AgentSync AgentSync constructs contemporary infrastructure for enhancing efficiency within the insurance sector. Its solutions are designed to mitigate obstacles, enhance efficiency, and ensure regulatory compliance. Some of the other features of this modern insurance software include the following: Refines onboarding, contracting, licensing, appointing, and compliance maintenance processes for insurance producers and brokers across property-casualty, life, health, and annuity markets Utilizes client-focused design, smooth APIs, automation, and superior service to simplify and improve onboarding, licensing, and appointing procedures Enables insurance carriers, agencies, and MGAs to unlock operational efficiencies, minimize risk, and propel growth Enhances sales efficiency and effectiveness through improved data visibility Reduces costs and boosts sales productivity by automating producer compliance management 2.10ePayPolicy Over 6,000 insurance firms utilize ePayPolicy to enhance payment efficiency through a user-friendly, integrated platform. It enables secure ACH and credit card transactions, along with daily check collection and a comprehensive payables network accessible via a unified dashboard. Some remarkable features of this insurance software consist of the following: The tool features integrations with management systems to optimize accounting processes, thereby increasing satisfaction among accounting teams and customers alike. Recognized as the fastest and most secure method for financial transactions within the insurance sector, it simplifies the payment reception process. Offers a contract-free service devoid of setup and hidden charges, requiring no technical effort for implementation. Registration is quick, requiring merely 5 minutes on epaypolicy.com, with the ability to start accepting online payments within 24 hours. Introduces CheckMate, a solution designed to alleviate the challenges associated with paper payments by facilitating swift check routing and reconciliation, manageable via the ePayPolicy dashboard. 3Future Prospects Insurance software tools play a crucial role in modern insurance strategies, clearly showing their critical significance. These tools are essential as they offer complete solutions to the complexities of the insurance industry. By incorporating AI in insurance, alongside advanced technologies such as data analytics and blockchain, insurance software not only enhances operational efficiency but also enables more precise risk assessments. Additionally, it enriches decision-making processes and tailors customer experiences to individual needs. This technological integration also enables personalized customer service, significantly enhancing client satisfaction and engagement. Insurance companies that leverage modern insurance software solutions secure a significant competitive edge, establishing themselves as frontrunners in the industry. Moreover, to keep pace with the latest technologies in the insurance software industry, engaging in insurance software events and networking with industry peers is crucial. Such participation enables individuals to discover trending innovations and solutions. The strategic adoption of the latest tools transcends basic operational improvements, embodying a crucial strategy for ensuring the long-term resilience and prosperity of the business within a digital framework. This highlights the significant influence and essential need for choosing the right insurance software, which is key to steering the future course of insurance practices.

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Fintech

Upcoming Insurance Software Events in 2024 for InsurTech Leaders

Article | April 25, 2024

Mark your calendar for the top 10 insurance software events in 2024. These global insurance technology events help in expanding networks, acquiring new insights, and forging strong relationships. Contents 1.Introduction 2.Top 10 Insurance Tech Meetups of 2024 2.1 Insurance Tech Innovation Conference 2.2 Digital Insurance Summit 2.3 InsureTech Connect Asia 2024 2.4 36th Annual Insurance Industry Conference 2.5 ITC Vegas 2.6 Captive Insurance Forum of CT 2.7 Insurance Tech & Innovation Conference 2.8 2024 Life Insurance & Annuity Conference 2.9 9th Annual Digital Transformation in Insurance Conference 2024 2.10 The Future of Insurance USA 2024 3.Summing Up 1. Introduction Attending in-person industry events is crucial for insurance professionals eager to stay ahead in the newest insurtech trends, such as AI, machine learning, and blockchain. These insurance software events in 2024 surpass digital learning by fostering deep connections and engaging discussions on ethics, diversity, and innovation. They expand professional networks, offer fresh insights, and solidify relationships through shared experiences. Furthermore, they serve as a vital component of professional development by providing education credits. They ensure keeping attendees current with industry trends and boost their expertise through participation and content creation. As the industry continues to transform, these upcoming insurance software events 2024 remain pivotal for those committed to leading in technological and regulatory advancements. 2. Top 10 Insurance Tech Meetups of 2024 Innovation within the insurance sector is a firmly established practice, with remarkable and pioneering solutions continually emerging to support businesses and individuals. Despite this history of innovation, the sector appears to trail behind others in adopting advancements in technology, customer engagement, telematics, data capture, and analysis. The following list of top insurance software conferences 2024 presents a unique opportunity for innovators, entrepreneurs and investors. Professionals from across the industry can connect with peers who share a commitment to maximizing the full potential of technological possibilities. 2.1 Insurance Tech Innovation Conference Date: June 5-6, 2024 Venue: Hilton London Heathrow Airport – UK The rise of InsurTech has sparked a revolution in business models, strategies, and technologies, marking a critical step forward in the digital transformation of the insurance industry. Accelerated by the global pandemic, this trend has prompted leading insurance firms to fundamentally rethink their operations to better serve their customers' changing needs. In response to the urgent need for swift adaptation, this insurance tech innovation conference 2024 offers a platform for industry professionals. They can share and learn about new strategies presented by over 30 experts in insurance technology. The event will host over 200 leaders in technology, innovation, data, and analytics, all focused on driving change and staying ahead in today’s competitive market. Key Highlights of the Session Emphasis on enhancing customer experiences and engagement models Adoption of analytics, blockchain, and cloud technology for innovation in insurance Utilization of AI, ML, IoT, and big data to optimize insurance operations Implementation of RPA, legacy modernization, and automated compliance procedures Roadmap for handling virtual claims to enhance efficiency and customer satisfaction Who Should Attend? This insurance tech meetup 2024 is tailored for leaders in the insurance sector seeking valuable insights and aiming to maintain a competitive edge in their digital transformation endeavors. Attendees include CIOs, CTOs, CEOs, VPs, directors, and managers representing various roles within the insurance domain, including brokers/agents, retail agents, claim adjusters, underwriters, actuaries, and others. 2.2 Digital Insurance Summit Date: April 29-30, 2024 Venue: Hyatt Regency Austin, TX Digital Insurance Summit represents a significant convergence of forward-thinking minds within the risk-averse insurance sector. This global insurtech summit serves as a pivotal platform wherein insurers, insurtech companies, brokers, and agencies converge to catalyze transformative shifts in their operations. The focus is on enhancing customer satisfaction and operational efficiency. Engaging with the foremost leaders in digital insurance, attendees will address critical challenges, foster collaboration, and position themselves as influential thought leaders within the industry. Participants at the Digital Insurance Summit will have the opportunity to discover the solutions they are seeking through interactive roundtable discussions, case study presentations, panels, or one-on-one Q&A sessions. Key Benefits of Attending This Summit The Digital Insurance Summit offers a unique opportunity to engage with industry leaders, access exceptional content, and enhance professional networks. Participants attending this insurance tech conference can: Expand professional networks through interactive sessions with industry peers Access meticulously curated content bolstered by six months of research and industry insights Benefit from personalized assistance and support from knowledgeable onsite staff Maximize ROI with tailored content addressing specific business needs 2.3 InsureTech Connect Asia 2024 Date: June 4-6, 2024 Venue: Sands Expo & Convention Centre, Singapore InsureTech Connect (ITC) Asia stands as the premier insurance event, boasting unparalleled access to a diverse array of industry incumbents, tech entrepreneurs, and investors on a global scale. Spanning three days, this gathering serves as a pivotal platform for industry stakeholders to disseminate insights and analyze emerging trends within the insurance market. Participants will explore strategies aimed at enhancing productivity and mitigating costs through innovative approaches and digital transformation. The culmination of this assembly promises to augment industry acumen, streamline operational efficacy, and ultimately enhance the welfare of policyholders. Notably, the hallmark of this insurance software events in 2024 lies in its exceptional networking opportunities, facilitating tens of thousands of meetings and fostering invaluable connections amongst attendees. Who's in the Spotlight? Insurers can leverage unparalleled networking opportunities and insights by attending this event, as it offers a platform to forge strategic partnerships, stay abreast of industry advancements, and engage with high-level peers. InsurTechs can make the most of this event as they will have the opportunity to connect with investors and industry pioneers. Additionally, they can explore collaborative ventures, understand global investment trends, and gain invaluable market insights to drive innovation. Investors can seize this opportunity to anticipate industry trends and forge connections with influential thought leaders. The event aims to provide investors with comprehensive visibility into companies across diverse stages and strategies. 2.4 36th Annual Insurance Industry Conference Date: September 24-25, 2024 Venue: KPMG Lakehouse, Orlando, Florida The insurance industry grapples with significant changes driven by technological advancements, regulatory shifts, economic challenges, and customer expectations, necessitating industry leaders to unite and shape the future. In context to this, the conference offers a platform for engaging exchanges, panel discussions, and keynote speeches. These discussions enable leaders to embrace change, drive sustainable growth, and influence the trajectory of the insurance industry across life & retirement, property & casualty, and insurance distribution & services sectors. Whether attending in person or virtually, participants can anticipate: A comprehensive agenda offering varied viewpoints on pressing matters confronting insurers today Innovative ideas and insightful content to provoke strategic thought Resourceful strategies to address challenges and achieve intended outcomes Networking opportunities enabling connections with fellow insurance professionals, fostering professional network expansion 2.5 ITC Vegas Date: October 15-17, 2024 Venue: Las Vegas The premier gathering of insurance innovation globally, ITC Vegas combines unparalleled networking opportunities with the latest advancements. It ensures attendees spend time connecting with peers, exploring innovative solutions, and cultivating valuable partnerships. Attendees can expect to discover solutions to pressing challenges, access unique educational resources, and engage with top professionals in the insurance industry. ITC Vegas serves as a catalyst for progress within the insurtech sector and beyond. Who Should Attend? Industry executives can connect with entrepreneurs, explore commercial relationships, and engage with fellow leaders across all insurance categories. Entrepreneurs can network with investors, fellow innovators, and industry leaders. They can also learn about global investment trends, the industry mindset, and market directions. Investors can gain insight into companies of all stages and strategies, and they can meet the thought leaders shaping the industry. 2.6 Captive Insurance Forum of CT Date: April 16, 2024 Venue: Mohegan Sun Resort, Uncasville, CT This insurance forum offers an insightful exploration of captive insurance. It invites participants to explore its potential benefits, including lower insurance costs, tax advantages, underwriting profits, and enhanced control over coverage. Attendees can engage with industry experts and thought leaders to discover innovative strategies and developments that are reshaping the future of risk management. From addressing coverage gaps in healthcare to harnessing technological advancements, this event guarantees valuable insights tailored to businesses of all sizes. Key Highlights of the Event: Collaborative approaches between captive insurers and commercial carriers Strategies for improving risk management and reducing costs Adaptation to changing regulatory frameworks Facilitating market access for startups and managing general agents Mitigating risks and addressing deficiencies for providers Legislative updates and advancements in captive laws Addressing cyber threats, ESG factors, and climate change impacts in risk management 2.7 Insurance Tech & Innovation Conference Date: June 12-13, 2024 Venue: Chicago, USA This insurtech event for corporates aims to explore innovative solutions for changing customer requirements, including enhanced experiences and engagement models such as chatbots/conversational bots and omnichannel support. Participants will have the opportunity to discover digital insurance disruption, leveraging analytics, blockchain, and cloud technologies. Additionally, the event will shed light on the transformative potential of AI/ML, IoT, and Big Data in insurance. Key Highlights: Attendees can learn about transformation through RPA, legacy modernization, automated compliance, and beyond. They will also gain insight into charting their claims transformation roadmap by exploring virtual claims handling strategies. Who Should Attend: This event is tailored for leaders in the insurance sector seeking insights to propel their digital transformation journey forward. Attendees will include CIOs, CTOs, CEOs, VPs, directors, and managers across various roles within the insurance domain, such as brokers/agents, retail agents, claim adjusters, underwriters, actuaries, and more. 2.8 2024 Life Insurance & Annuity Conference Date: April 15-17, 2024 Venue: San Antonio, TX The 2024 Life Insurance & Annuity Conference will bring together industry executives to discuss leadership strategies and opportunities for growth in today's uncertain environment. The conference will explore ways to promote industry growth and expand insurance coverage. This event is hosted by conference partners LIMRA and LOMA, SOA, and the ACLI. Attendees include professionals engaged in the development, operations, marketing, distribution, technology, or administration of life insurance products and annuities. Distinguished Speakers Brandon Carter, CLU, ChFC, CFP Chairman and President, USAA Life Insurance Company Jason O. Harris Best-selling author, expert thought leader, and professional pilot Event Highlights Cross-functional learning opportunity Comprehensive coverage of industry issues and future strategies Expanded content, including financial crimes and compliance tracking Strategic leadership discussions on handling uncertainty and identifying growth opportunities Addressing challenges in creating value for shareholders and consumers Meeting consumer demands and delivering personalized experiences Focus on powering industry growth and extending insurance coverage 2.9 9th Annual Digital Transformation in Insurance Conference 2024 Date: May 22-23, 2024 Venue: London, UK The Digital Transformation in Insurance Conference offers participants the chance to explore the newest advancements. They can obtain essential insights on utilizing digital tools to enhance client outreach, boost customer satisfaction, and achieve business success. Attendees from leading insurance companies across the UK and Europe, including esteemed executives such as CIOs, CTOs, CEOs, and founders, alongside innovative insurtech firms, will convene at this event. The agenda includes a diverse range of session formats, including panels, presentations, case studies, and interactive Q&A sessions, addressing pertinent industry trends and issues. Key Sessions ‘Putting the customer at the centre: Charting the trajectory of the insurance industry and strategies for achieving customer-centricity’ by Philippe Duban, Chief Operating Officer, AXA UK. ‘Fostering an engineering-led culture to foster innovation within your organization’ by Pankaj Kane, Chief Engineer, Admiral Group Plc. ‘Navigating the Digital Age: Cultivating a culture of continuous learning for organizational resilience’ by Ambros Scope, Head of Leadership and Future of Work, Zurich Insurance. 2.10 The Future of Insurance USA 2024 Date: May 15-16, 2024 Venue: Marriott Marquis Chicago, USA This year, the Future of Insurance (FOI) USA conference will merge with Insurance AI & Innovative Tech USA, combining efforts to address both the strategic and practical aspects of overcoming critical challenges faced by businesses in the insurance sector. Keynote Speakers Pawan Verma, Global Chief Information Officer at MetLife Sabine VanderLinden, Co-Founder & CEO, Alchemy Crew Laura Olson, Chief Insurance Officer, Obie Matteo Carbone, Founder & Director, IoT Insurance Observatory Eric Marler, Head of Claims, Counterpart Event Highlights FOI USA will present a comprehensive playbook for achieving success with AI and transforming operational processes from inception to claim, thereby addressing costs and augmenting efficiency. It will explore dynamic customer expectations, focusing on cohesive journeys, tailored products, and multi-channel distribution to foster trust and bolster loyalty. The event will address disruptions by embracing a flexible business strategy, forging innovative partnerships, and nurturing a growth-oriented culture, ultimately enhancing resilience throughout the organization. 3. Summing Up The year 2024 is set to be a pivotal time for professionals in the insurance software industry, with a series of significant events offering innovation, insights, and networking opportunities. These insurance software events in 2024 stand out as must-attend gatherings as they provide platforms for learning about emerging technologies, connecting with industry thought leaders, and exploring new strategies to address challenges in the insurance sector. Participating in these events is essential for anyone aiming to stay at the forefront of insurance technology. Additionally, professionals can also explore the top procurement events of 2024 to ensure they don't miss out on key opportunities to engage with fellow professionals in the financial sector.

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Financial Management

Top Procurement Events of 2024 That One Must Attend for Success

Article | February 13, 2024

Stay informed about industry trends at these procurement events in 2024. Seize invaluable opportunities at supply chain conferences and cultivate strategic connections for professional growth. Contents 1. Introduction 1.1 World Procurement Congress 2024 1.2 ISM WORLD 2024 1.3 Gartner Supply Chain Symposium 1.4 3rd Annual 100 CPO Summit 2024 1.5 DPW Amsterdam 1.6 ProcureCon 2024 1.7 ProcureCon Indirect West 2024 1.8 Procurement Strategies & Innovation 1.9 4th World Digital Procurement Summit 1.10 Annual Smart Procurement World Indaba 2. Conclusion 1. Introduction B2B procurement facilitates developing influential connections and utilizing advanced technologies, which are paramount for professionals seeking excellence. These procurement conferences in 2024 provide invaluable opportunities to stay well-informed about industry trends. They offer a unique procurement software platform where individuals can engage in meaningful discourse, exchange valuable experiences, and forge connections that may lead to strategic partnerships. Additionally, these procurement events offer the chance to enhance one's skill set, draw inspiration from real-world case studies, and explore innovative solutions. This holistic approach empowers attendees to drive operational efficiency and maintain competitiveness. Eventually, the process contributes to the ongoing success of their organizations. 1.1 World Procurement Congress 2024 Date: May 14-16, 2024 Venue: Intercontinental London - The O2 World Procurement Congress, currently in its 18th year, has adeptly hosted more than 1100 Chief Procurement Officers and over 12,000 delegates. It remains an essential gathering for business leaders with a profound dedication to advancing the procurement function, cultivating future leaders, and promoting sustainable growth. Key Objectives: Creating procurement-enabled networks for innovation Mapping global supply chains for resilience Understanding AI-based procuretech Assessing geopolitical changes in supply chains Agenda: This procurement event in 2024 spotlights the current status, forthcoming challenges, and promising opportunities. It also addresses ESG concerns by building transparent, socially responsible, and circular supply chains with a clear path to achieving net-zero emissions. Who Should Attend: Chief procurement officers Excellence leaders Digital leaders Sustainability leaders Solution providers Category leaders 1.2 ISM WORLD 2024 Date: April 29 - May 1, 2024 Venue: MGM Grand Conference Center, Las Vegas Over 2,000 procurement and supply chain professionals visiting the ISM World Annual Conference get a unique opportunity to connect with industry thought leaders and peers. Additionally, they engage with advanced learning and explore innovative products & solutions. The event encourages a mindset that challenges norms and embraces innovation. It offers an interactive design conducive to natural networking, practical education, and team building. Featured Sessions: April 29: Women's Supply Management Community: Voice of the Emerging Leader April 30: The Future of Procurement: Leveraging GenAI for Competitive Advantage 6 Negotiation Strategies to Mitigate Procurement Challenges and Risks Guest Speakers: Matt Bromberg, CVP, Global Operations at Northrop Grumman Kee Chang, SVP and Chief Procurement Officer at Qualcomm Michael DeWitt, Vice President of Strategic Sourcing and Center of Excellence at Walmart International Sheetal Gattani, Vice President, eProcurement Solutions and Analytics at Charter Communications What Attendees Can Expect to Achieve: This event offers executives a unique opportunity to expand their professional horizons. They can gain valuable insights into economic trends, geopolitical shifts, and effective growth strategies. Additionally, they learn about enhancing leadership capabilities and team cohesion. Managers and Directors, meanwhile, will uncover research-driven trends and refine team dynamics. They can embrace procurement excellence principles and advance their leadership journeys through interaction with industry peers and professionals. Budding professionals can maximize their potential by immersing themselves in profound learning experiences. They have the opportunity to establish valuable connections with suppliers, peers, and decision-makers, significantly advancing their careers. 1.3 Gartner Supply Chain Symposium Date: May 6-8, 2024 Venue: Orlando, FL Gartner Supply Chain Symposium/Xpo is imperative for Chief Supply Chain Officers and supply chain leaders. It offers them a chance to become a part of the community of experts, engage in interactive sessions, and share experiences. They can access the latest research to mitigate risks and strategize for long-term success effectively. This global procurement conference has been designed to provide pragmatic advice and future-focused insights for empowering supply chains. Primary Goals: Empower leaders to drive sustainable supply chain growth Facilitate the pursuit of cost-saving opportunities Aid in the alignment of supply chain strategies with broader business goals Enhance supply chain resilience and agility Support the implementation of global talent strategies Enable the development of multiyear digital transformation roadmaps with an emphasis on ROI assessment Speakers at a Glance: Ian Bremmer, President and Founder at Eurasia Group Haben Girma, Disability Rights Lawyer and Author Shankar Vedantam, Journalist and Author at Hidden Brain Media Tom Enright, VP Analyst at Gartner 1.4 3rd Annual 100 CPO Summit 2024 Date: November 7, 2024 Venue: Dubai, United Arab Emirates The 3rd Annual 100 CPO Summit 2024, organized by 3novex Global, is a renowned B2B conference organizer with a strong presence in the United Arab Emirates and Malaysia. Industry leaders and executives worldwide are expected to attend this remarkable event. Why Attend? Tailored for Leaders: This event is designed for C-suite professionals in procurement, finance, supply chain management, purchasing, and sourcing. It aims to meet the specific needs of senior executives. Comprehensive Experience: The summit offers a diverse range of services, including procurement events, interactive workshops, thought-provoking roundtable discussions, and engaging micro-events. Stay Informed: 3novex Global's CPO Series ensures that professionals can remain up-to-date with the latest industry developments and alterations in the field of procurement through regular newsletters. This allows them to maintain a competitive edge and stay ahead. Networking Opportunities: The event presents an excellent opportunity to connect with like-minded professionals, industry experts, and procurement technology providers. It is a great occasion to foster new partnerships and collaborations. Growth and Success: Attendees can gain actionable strategies and best practices to facilitate the growth and success of their organizations' procurement departments. 1.5 DPW Amsterdam Date: October 9-10, 2024 Venue: Beurs van Berlage DPW Amsterdam Innovation Summit, hosted by the Dutch capital's Department of Public Works (DPW), is pivotal in accelerating innovation by fostering connections with dynamic startups. This global procurement summit brings together forward-thinking startups, industry disruptors, and corporate leaders. The event facilitates collaboration, ideation, and innovation in the heart of Amsterdam. DPW Amsterdam, the most influential procurement technology event, accelerates innovation by facilitating connections. It unites startups, technology leaders, prominent corporations, and investors to address the most pressing challenges. Highlights of the Session: DPW Amsterdam is a globally renowned annual hybrid technology event focusing on technology in procurement and supply chain management. It serves as the launchpad for digital procurement transformation and provides fresh insights to attendees at any stage of their journey. DPW Amsterdam is a central hub for end-to-end digital transformation, fostering inspiration and insights within its diverse community. This event unites diverse perspectives from founders, corporate leaders, investors, political figures, academic thought leaders, and emerging talent, catalyzing meaningful change. 1.6 ProcureCon 2024 Date: September 17-19, 2024 Venue: Hyatt Regency Barcelona Tower ProcureCon Europe, organized by Worldwide Business Research, is a must-attend procurement gathering for procurement professionals, industry leaders, and solution providers throughout Europe. Key Highlights: This annual procurement event offers invaluable insights through thought leadership sessions, strategic networking opportunities, and innovative solution presentations. Participants can engage in interactive workshops, gain knowledge from real-world case studies, and explore specialized tracks covering various topics such as digital transformation and sustainability. With an exclusive procurement technology hub and executive roundtables, ProcureCon Europe is a dynamic platform for professionals to explore procurement and supply chain management, driving innovation and fostering strategic collaborations. Why ProcureCon Stands out in the World of Procurement Events: ProcureCon facilitates valuable benchmarking opportunities by gathering numerous CPOs and procurement leaders in one place. This event transforms Barcelona into a prime networking hub for procurement professionals. Its exclusive three-day procurement agenda is designed to confront and overcome purchasing challenges. Featuring over 80 procurement leaders, ProcureCon delivers practical insights from industry pioneers. 1.7 ProcureCon Indirect West 2024 Date: March 11-13, 2024 Venue: JW Marriott Las Vegas Resort & Spa ProcureCon has been pivotal in empowering companies to develop world-class sourcing programs for over two decades. It offers a dynamic blend of hands-on workshops, keynote presentations, and engaging networking sessions. The event serves as a valuable resource for achieving long-term sourcing success. Distinguished Keynote Speakers for the Event Include: Linda Chuan, Vice President and Chief Procurement Officer at Box Mark Zafra, Head of Source to Pay (Chief of Procurement) at LiveRamp Kathy Hess, Director of Indirect Procurement at The Estee Lauder Companies Chuck Shehadi, Head of Procurement & Sourcing at Zoom Video Communications Chuck Hatsis, Chief Procurement Officer at CME Group Anna Hammons, Senior Procurement Director at Sam’s Club, among other notable presenters Benefits for Attendees: Participants can learn actionable strategies to conquer digital disruption and surpass savings goals. Attendees can seize the opportunity to participate in an in-depth, strategic exploration of methods to enhance proficiency in indirect procurement. Access substantive content while eliminating superficial elements. Professionals can acquire valuable insights to strengthen supplier relationships, engage stakeholders, and satisfy senior leadership. 1.8 Procurement Strategies & Innovation Date: March 5, 2024 Venue: De Vere Grand Connaught Rooms, Central London Procurement Strategies & Innovation (PSI) is the latest iteration of the UK's long-standing technology showcase for procurement professionals, formerly known as eWorld Procurement & Supply. The event features a multi-stream, curated conference program emphasizing strategy, leadership, innovation, and real-world solutions. It aims to bridge the gap between current possibilities and a future vision with emerging developments in artificial intelligence, cryptocurrencies, and the metaverse. Keynote Speakers: Rachel Repper, Principal Consultant at Amazon Business Fraser Woodhouse, Director at Deloitte Consulting UK Lani Adebanjo, Global Head of Program Management, S2P at Meta Suraj Naik, Chief Procurement Officer at Capita The panel will offer unparalleled insights into the diverse technological strategies employed by their innovative organizations. Their guidance and inspiration will assist professionals in capitalizing on the growing prominence of procurement and delivering significant long-term value. 1.9 4th World Digital Procurement Summit Date: March 14-15, 2024 Venue: Eurostars Berlin Hotel, Germany This top procurement conference will center its discussions around advanced developments in cognitive technologies, implementing effective procurement strategies, the digital procurement ecosystem, and enhancing talent skillsets. Additionally, it will encompass supplier-centric approaches, advanced risk assessment methodologies, sustainable sourcing tools, procurement tools, and resilience planning. Twin Goals for Enhanced Operations: The event aims to achieve cost reduction and efficiency enhancement, to foster operational excellence and ensure uninterrupted business continuity. Strategic Procurement Exchange at the Event Will: Connect experts to exchange knowledge and insights, elevating procurement from tactical to strategic Enhance business by sharing invaluable experiences and facilitating discussions on the latest procurement digitalization trends among experts from top global enterprises Within The Framework of This Event, Participants Can: Forge connections with industry leaders while discussing cost-effective procurement optimization techniques Work collectively to devise solutions for advancing their businesses Cultivate digital procurement skills during the event Tackle immediate procurement challenges head-on Embrace modernization in procurement through technology and strategic approaches, all while prioritizing sustainability and designing a comprehensive transformation plan The Event's Guest List: Who Fits the Bill? The upcoming B2B procurement event will address professionals from diverse industries, including Directors, VPs, Heads, Managers, and a range of Specialists who are involved in: Procurement Strategic Sourcing/Source to Contract Transactional Procurement/Procure to Pay Supplier Relationship Management Contract Management 1.10 Annual Smart Procurement World Indaba Date: September 9-12, 2024 Venue: Gallagher Convention Centre, Midrand Annual Smart Procurement World Indaba is South Africa's biggest procurement event this year. It is an inbound supply chain management event that endeavors to redefine the procurement sphere by unpacking the critical balance between risk mitigation and innovation. It also provides a comprehensive roadmap for enhancing resilience. This top annual procurement gathering is relevant to both the private and public sectors. It serves as a pivotal platform for industry leaders, professionals, and experts to engage with the latest trends, innovations, and strategies shaping procurement and supply chain practices in the region. Key Procurement Event Highlights: Renowned for ranking among the top 100 in the logistics and transportation sector in South Africa Acknowledged for the exceptional quality of participants in attendance Distinguished by the diverse range of products showcased at the event Anticipated turnout of approximately 500 delegates and the participation of 20 exhibitors, making it a substantial gathering within the industry Who Should Attend: Directors Managing Directors Procurement Managers Managers Chief Executive Officers Some products and services to be presented at the Annual Smart Procurement World Indaba include Pandemic Recovery Strategies, among others. Meanwhile, the event will host around 121 speakers. 2. Conclusion These B2B procurement events facilitate the establishment of influential networks and the adoption of innovative technologies, which are essential for professionals dedicated to achieving excellence. These must-attend procurement summits in 2024 serve as invaluable platforms for staying abreast of industry trends. These forums facilitate meaningful dialogues, sharing valuable experiences, and forming connections that have the potential to evolve into strategic partnerships. Furthermore, these procurement events offer opportunities for skill enhancement, drawing inspiration from real-world case studies, and exploring innovative solutions. This comprehensive approach empowers attendees to drive operational efficiency, sustain competitiveness, and make significant contributions to the continued success of their organizations.

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Spotlight

Brighton Jones

Whether you want to save for the future or celebrate today, give back to the community or explore the globe, your values are every bit as unique as your fingerprints. The challenge is aligning your time and resources to those values, so you can go after the things you truly care about.

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Investment Management

Jefferies Establishes Full Service Investment Banking and Capital Markets Capabilities in Canada

Jefferies | December 04, 2023

Jefferies Financial Group (NYSE: JEF) today announced it has established full service investment banking and capital markets capabilities in Canada to serve the evolving needs of corporate, institutional and government clients across Canada. With this expansion, Jefferies will now provide clients in depth expertise in advisory, M&A advisory, equity and debt capital markets, risk solutions, equity research, and sales and trading across all sectors in Canada. The Investment Banking team in Canada will be led by Bruce Rothney as CEO, along with the Honourable John Manley as Chairman, Ron Lloyd as Deputy Chairman, and Trond Lossius as Deputy Chairman and Head of M&A, Erik Charbonneau as Head of Investment Banking, Jacquelyn Titus as Head of the Financial Institutions Group and James McKenna as Head of TMT and Diversified Industrials. Canada is one of the largest and fastest growing economies in the world, and as we enter 2024, we will have critical mass serving Canada, with more than 40 people joining across investment banking, equity research, and sales and trading. In partnership with Jefferies' existing global platform, our team in Canada will deliver our full suite of advisory and capital markets capabilities. We are fortunate to have a leadership team that brings such a deep and distinguished track record in the Canadian market, and we anticipate continuing to expand our capabilities and talent in the region to ensure we can best serve our clients. Rich Handler, CEO, and Brian Friedman, President, of Jefferies Today, Jefferies has 44 offices in more than 20 countries around the world, including having recently expanded further in France, Spain, Australia, Brazil and the Middle East. Earlier this year, Jefferies also announced a significant enlargement of its partnership with SMBC, which broadened the two firm’s scope of collaboration in M&A advisory services and across each firms’ equities and debt capital markets businesses. “Jefferies’ culture has always been and continues to be that of a pure Wall Street partnership solely focused on providing the best advice to clients,” said Bruce Rothney, CEO of Jefferies Canada. “Its proven long-term leadership, investment in talent and exceptional work for clients has positioned Jefferies as one of the few leading global investment banking firms. Canada is emerging as one of the largest and fastest growing economies and its standout sectors – technology, healthcare, financial services, energy and power, telecom and media, and consumer – align perfectly with Jefferies. Our new Canadian team is excited to bring clients Jefferies’ deep industry perspectives, M&A and capital markets solutions and geographical insights.” About Jefferies Jefferies (NYSE: JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments. For more information: www.jefferies.com.

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Digital Banking

Dragonfly Financial Technologies Adds FedNow Payments to Digital Composable Banking Solution

PR Newswire | October 25, 2023

Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, today launched FedNow Payments, which gives banks the ability to use the recently deployed FedNowÒ Service. Launched in late July 2023, the FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows financial institutions of every size across the U.S. to provide safe and efficient instant payment services. Dragonfly's FedNow Payments is a standalone solution that can be added to any bank's digital offering. Dragonfly's FedNow Payments enables instant, 24/7/365 payments, which permits faster payroll processing, more intuitive bill payments, improved cash flow improving reconciliation, cash forecasting and liquidity management and enhanced overall transaction efficiency. The solution will be interoperable with existing payment systems, enabling seamless integration with various digital banking platforms and financial service providers. Real-time payments are forecasted to facilitate additional economic output to the tune of $173 billion in formal GDP, as well as forecasted to drive $184 billion in aggregated net savings for consumers and businesses. The FedNow Service is set to transform the current payment ecosystem. As we continue to expand our digital composable banking platform, we know it's of critical importance to have the latest payment solutions available for our customers. said Jim Gillespie, Chief Product Officer at Dragonfly Financial Technologies Corp. Our FedNow Payments enables banks to provide their customers with real-time, flexible payments that are secure and scalable, and we're excited to offer this new payment option to banks that are making the jump to the FedNow Service. Dragonfly's FedNow Payments will also be added to its industry-leading Universal Online Banking platform - the only composable banking platform on the market purpose-built for today's digital and embedded business banking needs. Because the Dragonfly platform is designed for ultimate flexibility, agility and ease of use, customers can choose the implementation option best suited for the needs and size of the bank and their corporate clients. FedNow Payments is a payments option available in each composable banking deployment: Dragonfly Digital, Dragonfly as a Service and Dragonfly Embedded Banking. About Dragonfly Financial Technologies Corp. Dragonfly Financial Technologies is a banking-as-a-service FinTech powering innovative digital customer experiences for commercial banking institutions. Dragonfly Commercial Banking Platform unites internal banking systems and unlocks their collective value, enabling banks to provide a superior customer experience and introduce new services with speed and ease. And with the industry's largest portfolio of APIs, the Dragonfly platform connects seamlessly to the world's most popular FinTech applications. Commercial banking customers worldwide – including top-10 banks in the US and Asia – rely on Dragonfly to initiate and collect payments and manage daily financial operations for their corporate clients. For more information, visit www.dragonflyft.com.

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Fintech

Alloy expands credit underwriting offering to help banks and fintechs make more efficient, inclusive credit decisions

PR Newswire | October 19, 2023

Alloy, the identity risk management company, is expanding its credit underwriting capabilities to support banks, fintechs, and other builders of financial products in managing their holistic credit risk. In a challenging macro-environment, Alloy enables lenders to make smarter credit decisions, capture default risk, and increase revenue by identifying upsell and cross-sell opportunities. Alloy also automates credit line management and product remarketing, helping lenders maintain appropriate credit limits and proactively extend new product offers to customers. Lenders rely on Alloy's established credit underwriting capabilities to offer credit products to more people with less risk. Alloy allows lenders to automate their credit decisions using identity data gathered during onboarding, credit bureau data, and alternative underwriting data. Lenders can make credit decisions using custom models, building anything from basic workflows to complex matrix models right within Alloy. Alloy's updated credit offering builds upon these existing capabilities to offer a comprehensive and proactive approach to credit management beyond origination, enabling banks and fintechs to monitor for credit risk throughout the customer lifecycle. New features include: Automated, scheduled checks using the richest set of credit signals to monitor the ongoing financial health of borrowers: Lenders can incorporate fresh data pulls into their decisioning from a wide range of third party data sources: including credit bureau data, alternative underwriting data, and their own proprietary data. This comprehensive approach enables lenders to build a more complete picture of a borrower's creditworthiness and potential risks and carry out more data-driven decisions. Real-time alerts sent to lenders to notify them about changes in a borrower's risk (e.g. if a borrower declares bankruptcy): Lenders can then take proactive measures to prevent the accumulation of high-risk loans. Automated line management: Lenders can maintain appropriate credit limits and terms through continuous monitoring to determine if customers qualify for a credit line change based on behavior and automatically conduct line adjustments. Automated credit remarketing process: Lenders can monitor positive customer behaviors like timely repayments and salary increases and can offer good customers new products, ultimately increasing their company revenue. Historically, lenders have had to rely on point-in-time, siloed information about their borrowers, said Parilee Wang, Chief Product Officer at Alloy. With Alloy, lenders have a holistic solution for building a more complete picture of a borrower's ongoing creditworthiness and potential risks. Alloy's product investment in the credit space comes as U.S. consumer credit card debt has topped $1 trillion for the first time in history. As many borrowers face increased financial strain impacting their ability to repay debts, lenders may be forced to make difficult decisions about the creditworthiness of their applicants. At the same time, as revolving credit usage grows and consumers demand personalized, seamless experiences from their financial institutions, lenders are challenged with remaining top of wallet and staying ahead of competitors. "We were so excited to find a credit underwriting solution that lets us proactively manage our credit risk and allows us to rely on automated decisioning," said Bobby Parker, Head of Credit at PEX Card. "The configurable platform allows us to be nimble, and we can make critical underwriting changes quickly with the appropriate controls in place. Furthermore, with the A/B test feature, and pre-built integrations with salient data providers, we can ensure our decisions are driven by data and information gain. Leaning on this solution will give us the ability to prudently grow our portfolio while driving strong risk adjusted returns." "We knew building our platform would require us to partner with best-in-class fraud prevention, compliance, and credit decisioning capabilities," said David Anderson, Co-Founder and CPO at Tandym, a consumer credit card issuer and Alloy client. "We wanted a solution that was flexible, easy to use, pre-baked with integrations, and that made adding new data sources and making changes to our policy simple and seamless. Using Alloy's Identity Risk Solution for credit underwriting provided us with the tools to create more complex configurations to deliver better and more tailored results." Alloy offers the broadest coverage of third-party data in the industry with more than 190 data sources, including credit bureaus and alternative credit data providers. Some of Alloy's partners in the credit space include: Equifax Experian Transunion Nova Credit FIS Zest AI Prism Data Inscribe Codat About Alloy Alloy solves the identity risk problem for companies that offer financial products. Today, nearly 500 banks and fintechs turn to Alloy's end-to-end identity risk management platform to take control of fraud, credit, and compliance risk, and grow with confidence. Founded in 2015, Alloy is powering the delivery of great financial products to more customers around the world. Learn more at alloy.com.

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Investment Management

Jefferies Establishes Full Service Investment Banking and Capital Markets Capabilities in Canada

Jefferies | December 04, 2023

Jefferies Financial Group (NYSE: JEF) today announced it has established full service investment banking and capital markets capabilities in Canada to serve the evolving needs of corporate, institutional and government clients across Canada. With this expansion, Jefferies will now provide clients in depth expertise in advisory, M&A advisory, equity and debt capital markets, risk solutions, equity research, and sales and trading across all sectors in Canada. The Investment Banking team in Canada will be led by Bruce Rothney as CEO, along with the Honourable John Manley as Chairman, Ron Lloyd as Deputy Chairman, and Trond Lossius as Deputy Chairman and Head of M&A, Erik Charbonneau as Head of Investment Banking, Jacquelyn Titus as Head of the Financial Institutions Group and James McKenna as Head of TMT and Diversified Industrials. Canada is one of the largest and fastest growing economies in the world, and as we enter 2024, we will have critical mass serving Canada, with more than 40 people joining across investment banking, equity research, and sales and trading. In partnership with Jefferies' existing global platform, our team in Canada will deliver our full suite of advisory and capital markets capabilities. We are fortunate to have a leadership team that brings such a deep and distinguished track record in the Canadian market, and we anticipate continuing to expand our capabilities and talent in the region to ensure we can best serve our clients. Rich Handler, CEO, and Brian Friedman, President, of Jefferies Today, Jefferies has 44 offices in more than 20 countries around the world, including having recently expanded further in France, Spain, Australia, Brazil and the Middle East. Earlier this year, Jefferies also announced a significant enlargement of its partnership with SMBC, which broadened the two firm’s scope of collaboration in M&A advisory services and across each firms’ equities and debt capital markets businesses. “Jefferies’ culture has always been and continues to be that of a pure Wall Street partnership solely focused on providing the best advice to clients,” said Bruce Rothney, CEO of Jefferies Canada. “Its proven long-term leadership, investment in talent and exceptional work for clients has positioned Jefferies as one of the few leading global investment banking firms. Canada is emerging as one of the largest and fastest growing economies and its standout sectors – technology, healthcare, financial services, energy and power, telecom and media, and consumer – align perfectly with Jefferies. Our new Canadian team is excited to bring clients Jefferies’ deep industry perspectives, M&A and capital markets solutions and geographical insights.” About Jefferies Jefferies (NYSE: JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments. For more information: www.jefferies.com.

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Digital Banking

Dragonfly Financial Technologies Adds FedNow Payments to Digital Composable Banking Solution

PR Newswire | October 25, 2023

Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, today launched FedNow Payments, which gives banks the ability to use the recently deployed FedNowÒ Service. Launched in late July 2023, the FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows financial institutions of every size across the U.S. to provide safe and efficient instant payment services. Dragonfly's FedNow Payments is a standalone solution that can be added to any bank's digital offering. Dragonfly's FedNow Payments enables instant, 24/7/365 payments, which permits faster payroll processing, more intuitive bill payments, improved cash flow improving reconciliation, cash forecasting and liquidity management and enhanced overall transaction efficiency. The solution will be interoperable with existing payment systems, enabling seamless integration with various digital banking platforms and financial service providers. Real-time payments are forecasted to facilitate additional economic output to the tune of $173 billion in formal GDP, as well as forecasted to drive $184 billion in aggregated net savings for consumers and businesses. The FedNow Service is set to transform the current payment ecosystem. As we continue to expand our digital composable banking platform, we know it's of critical importance to have the latest payment solutions available for our customers. said Jim Gillespie, Chief Product Officer at Dragonfly Financial Technologies Corp. Our FedNow Payments enables banks to provide their customers with real-time, flexible payments that are secure and scalable, and we're excited to offer this new payment option to banks that are making the jump to the FedNow Service. Dragonfly's FedNow Payments will also be added to its industry-leading Universal Online Banking platform - the only composable banking platform on the market purpose-built for today's digital and embedded business banking needs. Because the Dragonfly platform is designed for ultimate flexibility, agility and ease of use, customers can choose the implementation option best suited for the needs and size of the bank and their corporate clients. FedNow Payments is a payments option available in each composable banking deployment: Dragonfly Digital, Dragonfly as a Service and Dragonfly Embedded Banking. About Dragonfly Financial Technologies Corp. Dragonfly Financial Technologies is a banking-as-a-service FinTech powering innovative digital customer experiences for commercial banking institutions. Dragonfly Commercial Banking Platform unites internal banking systems and unlocks their collective value, enabling banks to provide a superior customer experience and introduce new services with speed and ease. And with the industry's largest portfolio of APIs, the Dragonfly platform connects seamlessly to the world's most popular FinTech applications. Commercial banking customers worldwide – including top-10 banks in the US and Asia – rely on Dragonfly to initiate and collect payments and manage daily financial operations for their corporate clients. For more information, visit www.dragonflyft.com.

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Fintech

Alloy expands credit underwriting offering to help banks and fintechs make more efficient, inclusive credit decisions

PR Newswire | October 19, 2023

Alloy, the identity risk management company, is expanding its credit underwriting capabilities to support banks, fintechs, and other builders of financial products in managing their holistic credit risk. In a challenging macro-environment, Alloy enables lenders to make smarter credit decisions, capture default risk, and increase revenue by identifying upsell and cross-sell opportunities. Alloy also automates credit line management and product remarketing, helping lenders maintain appropriate credit limits and proactively extend new product offers to customers. Lenders rely on Alloy's established credit underwriting capabilities to offer credit products to more people with less risk. Alloy allows lenders to automate their credit decisions using identity data gathered during onboarding, credit bureau data, and alternative underwriting data. Lenders can make credit decisions using custom models, building anything from basic workflows to complex matrix models right within Alloy. Alloy's updated credit offering builds upon these existing capabilities to offer a comprehensive and proactive approach to credit management beyond origination, enabling banks and fintechs to monitor for credit risk throughout the customer lifecycle. New features include: Automated, scheduled checks using the richest set of credit signals to monitor the ongoing financial health of borrowers: Lenders can incorporate fresh data pulls into their decisioning from a wide range of third party data sources: including credit bureau data, alternative underwriting data, and their own proprietary data. This comprehensive approach enables lenders to build a more complete picture of a borrower's creditworthiness and potential risks and carry out more data-driven decisions. Real-time alerts sent to lenders to notify them about changes in a borrower's risk (e.g. if a borrower declares bankruptcy): Lenders can then take proactive measures to prevent the accumulation of high-risk loans. Automated line management: Lenders can maintain appropriate credit limits and terms through continuous monitoring to determine if customers qualify for a credit line change based on behavior and automatically conduct line adjustments. Automated credit remarketing process: Lenders can monitor positive customer behaviors like timely repayments and salary increases and can offer good customers new products, ultimately increasing their company revenue. Historically, lenders have had to rely on point-in-time, siloed information about their borrowers, said Parilee Wang, Chief Product Officer at Alloy. With Alloy, lenders have a holistic solution for building a more complete picture of a borrower's ongoing creditworthiness and potential risks. Alloy's product investment in the credit space comes as U.S. consumer credit card debt has topped $1 trillion for the first time in history. As many borrowers face increased financial strain impacting their ability to repay debts, lenders may be forced to make difficult decisions about the creditworthiness of their applicants. At the same time, as revolving credit usage grows and consumers demand personalized, seamless experiences from their financial institutions, lenders are challenged with remaining top of wallet and staying ahead of competitors. "We were so excited to find a credit underwriting solution that lets us proactively manage our credit risk and allows us to rely on automated decisioning," said Bobby Parker, Head of Credit at PEX Card. "The configurable platform allows us to be nimble, and we can make critical underwriting changes quickly with the appropriate controls in place. Furthermore, with the A/B test feature, and pre-built integrations with salient data providers, we can ensure our decisions are driven by data and information gain. Leaning on this solution will give us the ability to prudently grow our portfolio while driving strong risk adjusted returns." "We knew building our platform would require us to partner with best-in-class fraud prevention, compliance, and credit decisioning capabilities," said David Anderson, Co-Founder and CPO at Tandym, a consumer credit card issuer and Alloy client. "We wanted a solution that was flexible, easy to use, pre-baked with integrations, and that made adding new data sources and making changes to our policy simple and seamless. Using Alloy's Identity Risk Solution for credit underwriting provided us with the tools to create more complex configurations to deliver better and more tailored results." Alloy offers the broadest coverage of third-party data in the industry with more than 190 data sources, including credit bureaus and alternative credit data providers. Some of Alloy's partners in the credit space include: Equifax Experian Transunion Nova Credit FIS Zest AI Prism Data Inscribe Codat About Alloy Alloy solves the identity risk problem for companies that offer financial products. Today, nearly 500 banks and fintechs turn to Alloy's end-to-end identity risk management platform to take control of fraud, credit, and compliance risk, and grow with confidence. Founded in 2015, Alloy is powering the delivery of great financial products to more customers around the world. Learn more at alloy.com.

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