What: With the passage of the Emergency Coronavirus Relief Act, including a $285 billion extension to the Paycheck Protection Program (PPP), small businesses gain another opportunity to apply for funds to support their businesses during this time of economic uncertainty. Unfortunately, during the last round of PPP, we saw financial institutions struggle with the application and processing of these loans. However, Chris Doner, founder and CEO, Access Softek can objectively speak to, or contribute content, explaining the understanding and discipline needed for rapid scaling and performance efficiency, how legacy technology can hinder rapid deployment leading to results previously witnessed during the last round of PPP, and what financial services leaders can do to handle the sudden spike in load. Supporting points include:
- The value of cloud technology in quickly scaling and processing loan applications;
- How financial services leaders can ensure the appropriate resources are in place to prepare for the quick and safe processing of loan applications; and,
- Ensuring both the ability to scale and the customer experience are not compromised due to the level of urgency.
Who: Chris Doner, Founder and CEO, Access Softek
Contact: Angelo D. Jones II, angelo@williammills.com, 314.504.5962