Hi everybody,

The more familiar phrase might be “work hard, play hard,” which I like, but at Tamarack we think more along the lines of fun. I have always found that I’m better at things I enjoy doing. Whether playing or working, I like to have fun.

So does our team. Last month, we introduced a new Canopy Views series called “Get to know…,” to share a bit more personally about our employees. We met Andy Hedstrom, our new sales director, and learned he likes spending time with friends, watching his boys play basketball, being at the lake with family, and hunting. In the office, Andy and I share the thrill of meeting new customers and helping them grow their businesses as well as ours.

This month, we get to meet Norma Arias. One of the most interesting people I know, Norma is a singer, dancer and world traveler who is an all-around entertainer of those around her -- as you will discover from her Paris story. She is also a great leader of our professional services team, making their fast-paced, often high-pressure work more enjoyable with her guidance, systems thinking and positive attitude.

Both Andy and Norma embody how we approach hard work. As you get to know the Tamarack team better, we think you’ll understand how we can have a great time solving difficult problems together.

Work hard, have fun.

- Daniel Nelson, CEO Tamarack

In this issue:

• Tamarack Trail Mix: Creating User-Defined Menus with InfoLease 10
• Tamarack adds data engineers
• Faces of Tamarack: Get to know Norma Arias
• Dark data empowers brokers to be better, faster matchmakers
• Potential risks and opportunities of the impending rate hikes

Creating User-Defined Menus with InfoLease 10

In this Trail Mix installment, we’re exploring InfoLease 10 (IL10) functionality. At Tamarack, we are familiar with creating User-Defined Menus in the InfoLease 9 menu-driven system, but you may be wondering how to do the same with User-Defined Menus in InfoLease 10.

With IL10, users have the ability to set up User-Defined Menus to process programs or link to URLs that may be applicable to your users. Instead of bookmarking each URL they may need to reference, you may choose to set up a link via User-Defined Menus. As always, please check with internal governance to determine what is allowed via your company’s governance rules.

InfoLease 10 has new functionality to process ACH Returns automatically by receiving a file for ACH rejects such as NSF/wrong account number, etc. Check out the Trail Mix blog post for step-by-step instructions on how to set up the User-Defined Menu necessary to process the file.

Get to know Norma Arias

When it comes to working hard and having fun, no one does it better than Norma Arias. In her role as vice president of professional services, Norma works tirelessly to manage Tamarack’s fast-growing professional services team. Outside the office, she enjoys supporting her community, moonlighting as a musician and becoming a citizen of the world.

Tamarack adds data engineers

Tamarack has expanded its Tamarack.ai team with the addition of Stephen Gomolka and Brian Turner. As data engineers, they will focus their time on increasing the company’s ETL capabilities and building the Power Automate practice.

Dark data empowers brokers to be better, faster matchmakers

In a recent article published by Equipment Finance Advisor, Tamarack President and Chief Digital Officer Scott Nelson explores how using dark data can enable brokers to make better matches. According to Nelson, “dark data can be combined with prediction technology so that a lessor can not only help find and price deals according to their portfolio strategy, but the data can also help their brokers perform better, thereby helping the lessor grow the business faster. The figures below show how it works.”

Potential risks and opportunities of the impending rate hikes

News media pundits everywhere opine daily on the impact of recent or pending Federal Reserve interest rate increases. Tamarack’s Scott Nelson is curious about how future rate hikes could affect past deals but also knows the coming rate hikes will likely provide equipment finance companies with the potential for risk and opportunity. In an interview with David Gnade, managing partner of Fairway Capital, LLC., Nelson explores how to proactively take advantage of the situation and not suffer its consequences.

See more posts and connect with us at TamarackNow.com

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