ROCKVILLE, Md. and PHILADELPHIA, Pa. -- The iA Institute and Corporate Advisory Solutions (CAS) are excited to announce that CAS will be a strategic advisor to the iA Innovation Council. The iA Innovation Council is an exclusive membership group where forward-thinking creditors, tech companies, and collection agencies envision the future and map how to get there.
In today's modern environment, the continuing evolution of technology has had a significant impact on every aspect of our world, affecting big business and our daily personal lives alike. The ARM industry is no exception, with new technology issuing disruption via artificial intelligence, predictive analytics, automation, and omni-channel communications that work across text, email, social media, and more.
Regulatory changes will soon be upon us with the modernization of debt collection rules. The Consumer Financial Protection Bureau is proposing changes to the Fair Debt Collection Practices Act, first introduced in 1977, that will bring it into the modern era by introducing clarity around the lawful use of newer technologies.
With this, CAS will be involved in helping to advise how technology will impact M&A activities and valuation of companies in the industry as well as assist to position these companies with technology to enhance their value.
Stephanie Eidelman, CEO of the iA Institute said, "We are constantly evolving our approach to industry innovation and CAS adds an important element -- the dynamic between technology, funding, and company value. I'm really looking forward to incorporating the insight and connections that Michael Lamm and his team bring to this part of the equation."
Michael Lamm, Managing Partner of Corporate Advisory Solutions added, "We couldn’t be more excited to work with Stephanie and the insideARM team on the Innovation Council. The ARM industry is going through a significant technology shift, and the Innovation Council and its members will be on the forefront leading the charge for change in the digital era. This will not only impact how our industry survives, but also how it will thrive when it comes to communications, analytics, payments, and compliance technologies."
About Corporate Advisory Solutions
CAS is a merchant bank based in Philadelphia and Washington, D.C., specializing in M&A, and strategic advisory for the tech-enabled Outsourced Business Services (OBS) sector. Our core markets include Accounts Receivable Management (ARM), Revenue Cycle Management (RCM), Healthcare and Customer Relationship Management (CRM). The CAS team brings over 25 years of combined M&A, valuation and strategic advisory experience to every engagement, and its members have successfully completed over 100 transactions representing more than $2 billion in deal value within these core markets. For more information, please visit https://corpadvisorysolutions.com/ and see our latest newsletter, CAS Insights.
About the iA Innovation Council
iA Innovation Council is a membership group for organizations that understand their ability to survive depends on thinking differently and being at the forefront of communications, analytics, payments, and compliance technology. Please visit www.iAinnovationcouncil.com.
The Innovation Council is managed by the iA Institute, a media company that advances the credit & collections industry through substantive and handcrafted news, education, events, and connection. Other iA Institute initiatives include insideARM, Women in Consumer & Commercial Finance, iA Strategy & Tech, the One-to-One Appointments Forum, the Consumer Relations Consortium, the Case Law Tracker, and the iA Research Assistant. Please visit www.theiainsitute.com for more details.