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Meeting the ever-growing expectations of customers, managing risk effectively and dealing with the competition of non-traditional players entering the market are all issues in which banks are struggling with and have an effect on their top line revenue growth goals. Managing and overcoming these struggles all hinge on the adoption of a data driven strategy.
IT solutions and services, and the channel as a whole, are constantly evolving. On top of this, demand, usage and functionality of technology are always fluctuating as well. With that in mind, end users are faced with not only ensuring that their IT capacity will meet their current needs, but they are faced with predicting future business requirements over a 2 to 5 year period in an ever-changing environment, and doing so as cost-effectively as possible. With constrained IT budgets that can lead to long procurement cycles, end users could be buying too much capacity up front or they may not be buying enough.
This blog is designed to act as a high-level resource for your CASL compliance essentials, but does not constitute legal advice. For any questions or concerns, we encourage you to meet with your legal team or contact an attorney who is familiar with this legislation.
In the channel, it’s no secret that the key to success for solution providers lies within the appropriate financing for their solutions. So what’s the secret to successful financing solutions? Keeping offerings creative and flexible for partners.
Question: How do you know when your Finance Department is becoming more risk tolerant?
Answer: You get to present your proposal before you are told, “no."