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Randy Haug on IDS/Software Market Today Our friends at IDS have to now make good on their promises
and deliver. The marketplace will determine their fate just like it
does ours and everyone else's. Best of luck to them in doing so. If
their ox falls in the ditch...we will be happy to demonstrate the value we offer to lessors with our integrated
solutions. We have been focusing on how we can add value to our customers,
and new prospects through our products and services. We have been
very busy doing that. Our market is small to mid-sized growing lessors and
that is what we focus on and that is what we are very good at. We offer what
we feel is the best end to end solution for people in this market space
and our products services and resources are aligned to deliver on that, and
the marketplace has rewarded us over the years for doing that. So that's
what we do. >From our perspective the marketplace is getting better.
We have been around 14 years now and have over 250 of the most successful equipment
lessors / partners who use our products and services everyday. Today's
lessor knows and respects us for the excellent products and services we
offer and for our ability to deliver value over the long-term. The last 7 months for us and our marketplace has been good and very encouraging. You have
to get out there and work hard at it every day but there is lots of
interest from lessors I'm talking to in both front-end solutions as well
as back-end systems. There are a number of new companies entering the
market again and to me that is a positive sign. Lessors are still somewhat
reluctant to spend large amounts of money but they are beginning to realize
that the economy is in fact getting better and are trying to align there system
strategies with there business, and operations strategies so they will be
in a good position to grow in a more profitable fashion through automation as
there business volume picks up....and believe me it will. Things are getting better out there for those of us that
focus on creating value within our core competencies. That's not just for us
but for every business. Don't try to do be everything for everyone, try
to be the best at what you do the best. One last word of advice for lessors out there...join or become
more involved in one of the many fine equipment finance organizations.
Those that are engaged actively will gain tremendously from it. You
get out of the associations what you put into them. Be active and participate
and you will without a doubt receive the benefits from doing so. Things are getting better....believe me they are! Best regards, Randy Haug Randy@LeaseTeam.com Sr. Vice President / Partner LeaseTeam, Inc. Emerging Technology for the Equipment Finance Marketplace
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