5 myths of business lending innovationinnovation. the only barrier to scale is the absence of...

17
5 Myths of Business Lending Innovation

Upload: others

Post on 04-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

5 Myths of Business Lending Innovation

Page 2: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

2

Our Mission Empowering our stakeholders to accelerate impact in their communities in a whole new way.

A global force for good.

TechnologyDelivering the world’s best nonprofit and educational technology solutions at affordable rates.

Community EngagementInspiring volunteerism, augmenting employee giving through donation matching, and fostering the power of community collaboration.a nonprofit social

enterprise Strategic GrantsRe-investing in the community through strategic grants in education, workforce development and technology innovation.

Page 3: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

The only barrier to scale is the absence of technology.

Myth #1

3

Page 4: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

For mission-based lenders, passion to serve more people outweighs fear of change.

Myth #2

4

Page 5: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Only organizations with large technology budgets can innovate.

Myth #3

5

Page 6: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Technical expertise is the most important element of a digital transformation project.

Myth #4

6

Page 7: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

The presence of this new technology will be the main driver of change in your organization.

Myth #5

7

Page 8: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Thank You!

Kate Mirkin, Director of Product Marketing, Salesforce.org§ [email protected]

Shaolee Sen, EVP, Accion in the U.S.§ [email protected]

Patrick Davis, VP of Program Strategy and Development, Community Reinvestment Fund§ [email protected]

Prashant Reddy, Director of Strategic Accounts, DemystData§ [email protected]

8

Page 9: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Resources from Salesforce.org

http://www.salesforce.org/help/power-of-us-hub/http://www.salesforce.org/nonprofit/unlock-power-salesforce-platform-ebook-download/

9

Page 10: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Collaboration + Technology Example: Connect2Capital

10

Page 11: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Simplifying the Search Process

11

Page 12: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

A Marketplace Approach

12

Page 13: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Managed Product Matchmaking

13

Page 14: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Self-Defined Parameters

14

Page 15: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Rich Reporting for Referral Partners and Lenders

15

Page 16: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

Accion Loan Application: Consumer Experience

16

Page 17: 5 Myths of Business Lending Innovationinnovation. The only barrier to scale is the absence of technology. Myth #1 3. For mission-based lenders, passion to serve more people outweighs

DemystData Output: Back-End

17

Application Dashboard

Demyst Score

Demyst Score Detail