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GreatAmerica Blog

Industry trends, insights from experts, resources for growing your business: all the things you've come to expect from GreatAmerica

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The BTA National Conference was held in Chicago, Illinois June 7-8, 2022. The event featured a packed agenda filled with knowledgeable speakers covering a wide range of topics, but a handful of themes were recurring: hiring and culture, diversification, and sales and marketing.

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When it comes to selecting a financing partner for your office technology business, you likely have questions that determine if they are a match for your business and business solutions. At GreatAmerica Financial Services, we often hear, “Are my transaction sizes too big for GreatAmerica?” Or, in turn, “Are my transaction sizes too small?”

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While supply chain challenges have made shortages inevitable across technology products, software and cloud-based solutions have been the exception. Technology providers that are increasing focus on software solutions for their customers are the companies winning right now. For GreatAmerica Financial Services, this begs the question: how can monthly payments help with software sales?

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Disruptions in the supply chain are continuing to create challenges for equipment providers spanning nearly every industry. Many of our customers are facing some of the most difficult business obstacles they have experienced in recent history, from soaring prices to a shortage of goods. Unfortunately, there’s no way to predict when things will improve, in fact, some of our partners estimate it could be a year or more before things return to normal. Providers are feeling pressure to perform at pre-pandemic levels, but without inventory being consistently available, it becomes all the more difficult to hit quarterly numbers and profitability goals.

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Last week, we sent several GreatAmericans to the BPCA (Business Products Council Association) Spring Meeting in Atlanta, Georgia. The last few years have certainly presented obstacles, and solution providers have been faced with transforming their businesses continually. It was evident they are more motivated than ever to get back to pre-pandemic performance. This was fitting given the theme of the event this year: ‘Realizing Your Customer’s Full Profit Potential.’ The educational lineup was chock-full of information around strategies to get us there. So what were a few of the most buzzworthy topics? Read on to find out.

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Jennie Fisher, Senior Vice President and General Manager of the Office Equipment Group at GreatAmerica, joined friend, colleague, and industry leader, Mike Stramaglio of Stramaglio Consulting to kick off the first episode of his brand new podcast, ‘Next Week’s Life.’ In this episode, Jennie and Mike discuss the rapidly changing business landscape and the move toward hosted software and services offerings. They also discuss the impact of The Great Resignation and strategies GreatAmerica has implemented to increase focus on customer retention. Watch the full video below.

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Welcome to Experience GreatAmerica! In each blog, you’ll become acquainted with individuals from across our organization as they share unique stories, career journeys and how they each make an impact at GreatAmerica. We’ll pull the curtain back so-to-speak and share what life is really like here, how our team members contribute to the success of the organization, and what excites them most about the future here. Along the way, you may begin to picture yourself here too– owning your future and making an impact!

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Inflation rates are rising at the fastest pace since May 1981. But what does that mean for your business?

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Blog Feature

Updated 4/13/2022. Originally published 9/23/2021. Monthly recurring revenue is a predictable and reliable source of income which you accrue when you sell your products, services, and more on a monthly payment plan. There are a variety of methods to achieve it, including subscriptions, leases and Hardware as a Service contracts, but the end goal is the same: monthly recurring revenue that is more consistent, predictable and valuable.

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More than 4 million workers voluntarily quit their jobs in December 2021 in what is being called The Great Resignation according to the U.S. Bureau of Labor Statistics. This puts pressure on some of the most competitive jobs – including the top skilled technical resources your company needs to build and solve complex customer IT challenges.

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In celebration of her recent "Female Executive of the Year" award by the Cannata Report, we were reminded of this great interview with her from 2022. She's been a role model for us all for many years and we congratulate her on this well-deserved recognition. With nearly 32 years' experience in the industry and a track record of unparalleled excellence, Jennie Fisher is an incredible example of female success in the office technology industry.

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As the hiring landscape continues to change, it’s time to set strategies in place to market your business to the next workforce generation. Whether you’re looking to fill an internship or full-time role, current students are eager to find a position that checks all their boxes.  Attending career fairs is a great way to address your upcoming hiring needs and introduce yourself as a competitive opportunity for the best graduating candidates. 

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