Ep. 71: The Post-Pandemic Role of Accounts Receivable Financing
On This Episode
Mark Russell, CEO of Great Plains Bank, and Gary Lewis, Managing Director for lending and deposit solutions at Jack Henry & Associates, came together to share how their businesses are moving forward after the pandemic and how technology has played a role.
Banks and financial firms know how important it is to maintain a close and personal relationship with clients, but during the pandemic, it became harder to juggle from a distance. Technology became vital to maintaining these connections as new advancements allowed communication from a distance.
However, keeping the human aspect of the business alive is an important task for Mark and Gary. Gary explained, “It’s not just people, it's not just technology, and it’s not just a product. It is about a combination of all those things.”
Moving forward from the pandemic, there are many recessionary fears as the money acquired during Covid-19 has run out for many businesses. Mark and Gary both expressed how to move past this, slowing the economy down and allowing companies to get back on their feet is essential. Along with this, investing in technology and embracing the new digital world is going to be key for businesses.
In the next 18 months, Mark and Gary are excited to see where their tech investments will take them, and they believe the technology that enhances the relationship between businesses and clients will take them to the next level. There will also be advancements that make it easier for the client to navigate and access the financial world.
Listen to this podcast to learn more about the post-pandemic technological advancements with Mark, Gary, and Hunter.
More About Mark
Mark Russell is the CEO of Great Plains Bank and has been in this role since 2010. Mark joined the bank in 2002 as an executive vice president. He was promoted to division president in 2006. Prior to joining the bank, Mark began his banking career in Dallas in 1987 before working at several banks in the Lawton, Oklahoma area. A Cordell, Oklahoma native, Mark has a bachelor’s degree from Southwestern Oklahoma State University and also attended the Graduate School of Banking of the South, Louisiana State University.
More About Gary
Gary Lewis is managing director for lending and deposit solutions at Jack Henry & Associates. He has been working at the company for more than 11 years, holding various leadership positions including director of lending sales and bank sales executive. Gary also has twenty-two years of commercial lending experience in executive banking positions with both national and community banks, including Peoples Bank of the Ozarks, Great Southern Bank and UMB Bank