Summer is a great time to catch up on reading, whatever your plans, relaxing on the beach, taking a road trip, going hiking or a flying overseas to build a snowman in the southern hemisphere. Reading helps your brain process, inspire passions to refocus your priorities and goals and enables you to stay on top…
ERP systems provide an integrated suite of applications for an enterprise to manage resources, control supply, purchasing and sales operations and provide operational and financial control of the business. Applications would typically include Inventory and Supply Chain Management (SCM), Customer Experience (CX), AP, AR and Financials and human resource management. This article will look at…
As we have seen, blockchain and distributed ledger technology offer several key advancements over existing technology – secure ID verification and disintermediated execution of encrypted and tamper-proof records, ability to transact and record high volumes of transactions with low costs, as well as avoidance of a centralised database being the single point of failure due…
The previous blog provided an overview of the principles of blockchain and distributed ledger technology, their different forms, benefits and drawbacks and a summary of potential areas for adoption. In this article, I’d like to highlight some emergent applications of this disruptive technology specifically within the Financial Services and FinTech sectors. The initial application of…
Most have heard of the rise of blockchain and its potential for disruption to the existing central banking structures and hierarchies, removing the need for costly and slow intermediaries in between parties executing transactions. It has gained international prominence (and some say notoriety) via cryptocurrencies. But future applications for blockchain technology and distributed ledgers are…
This week VIP Apps Consulting we will be attending the International Asset Finance Network 2018 Conference and Awards, taking place on Thursday 13th September at the Park Plaza London Riverbank. Under the theme People, pain points and processes: how technology is transforming auto, fleet and equipment finance, the IAFN event provides focussed content for auto retail,…
The unprecedented speed of the disruptions caused by new technologies and changing customer expectation is putting more pressure on organisations in the leasing and asset finance industry to embrace digital strategies and be more responsive and agile. Organisations tend to focus on the technology innovation, and in most cases, the reality is that they are…
Today, for companies to stay competitive, they need to innovate continuously. Transformation programs are triggered across all industries to meet new customers’ expectations, improve products, implement new technology and create agile organisation ready to adopt the innovation. Leading change initiatives is hard. Nearly 70 per cent of change programs fail to achieve their goals, proving…
Advances in technologies like robotics (RPA), artificial intelligence (AI), and machine learning are driving a new era of automation in the finance function. Companies in the leasing and financial services industry face market changes characterised by the rapid evolving speed of disruptive technologies, where even digital-born companies need to transform continually to stay up to…
We live and work in a period where technology is making us more connected; this interconnectivity means that the chances of being involved in international projects increase exponentially. Any given project represents a significant challenge for many reasons, no matter what the location: budgets, tight deadlines, sharing resources, among many others. If that project takes…
