I recently participated in a seminar focused on AI and its ever-increasing role in receivables management, revenue cycle and specialty finance. While I’m excited for, and very proud of, Cascade365’s advances in statistical modeling, big data analytics and visualization, the topic also prompts the question: “What’s the ideal divide between machine learning and automation and human oversight and involvement”?
While the Cascade365 engine runs on quantitative algorithms, we can’t forget the importance of qualitative analysis. What’s the provenance of an asset, the narrative behind how the accounts were originated and maintained? What’s our gut instinct specific to an asset, an originator, an upstream servicer, and work treatment, etc.?
You need both quantitative and qualitative, AI and humans, to thrive. More importantly, people, not machines, make the world go round. Team Cascade365 is the bedrock of our growth and success over the last 14 years. I hope you enjoy reading about Cascade365 and the activities of our ever-growing team both at, and outside of, work.
25th Annual RMAi Conference
Cascade365 was pleased to attend the 25th Annual RMAi Conference in Las Vegas this month, where organizations from the accounts receivable industry gathered for networking and educational sessions.
This year’s event, held at the Aria in Las Vegas, boasted more than 1,200 attendees, 90+ exhibitors, and20 educational seminars and networking events.
Of the 25 years that RMAi has put on this Conference, Cascade365 Team has attended 21 of these events, a record that shows our dedication to the maturation of the industry (and our age 😊). In addition to partaking in deal sourcing, networking opportunities, and continuing education, Cascade365 alsoheld a vendor appreciation event during the conference where we recognized industry partners for compliance, performance, and continuous improvement.
Bringing Awareness to Autism
Earlier this month, our very own Director of National Sales, Jeff Howell, led the efforts of the school where he coaches High School Girls Basketball to bring awareness to autism.
The Madison Christian HS, Lady Eagles, in Columbus Ohio have been partners with the Bridgeway Academy of Ohio, for 5 years. Bridgeway is one of the largest schools in the state that cares for autistic and special needs children.
Each year, the Lady Eagles have a special basketball game where all proceeds related to T-Shirt sales, tickets to the game and concessions are given to Bridgeway. Bridgeway invests these proceeds to purchase school equipment and other areas of need within the school. For example, last year Bridgeway purchased a basketball hoop for their newly renovated gym, where the Lady Eagles hold clinics for the children during the summer months.
The game along with T-Shirt sales raised $1,000 for Bridgeway. Jeff’s efforts in planning and organizing this cause to benefit special-needs children have been an inspiration to both Madison Christian HS and the Bridgeway Academy.
Leveraging AI for Compliance and Performance Improvement Webinar
On February 23rd, our Managing Director, Lee Brockett spoke during a webinar by Receivable Information.
The webinar discussed how receivables management firms including debt buyers and collection agencies are using data and artificial intelligence to make better decisions, improve efficiencies and improve the consumer experience. Using these techniques and tools improves both compliance and the financial performance.
The Mesa Marathon
On February 12th, two of our staff members participated in the Mesa Marathon in Arizona.
Yinze Li and Jeremy Carr, from our Tempe office, participated in this race presented by Mountain Vista Medical Center
The Cascade365 Family of Companies is a brand identity representing a family of companies focused on the responsible liquidation of accounts receivable. Headquartered in the San Francisco Bay Area, Cascade365 is a recognized leaders in the accounts receivable management, revenue cycle and specialty finance industries. Cascade365 offers healthcare providers and consumer lenders immediate and ongoing liquidity by purchasing distressed accounts receivable outright or managing them for a fee.