Soleadify Partners with Sapiens to address the misclassification of Small and Medium Size Businesses during insurance underwriting   (Toronto, Canada) Soleadify, an AI-based small and medium-sized business (SMB) data company, are pleased to announce their strategic partnership with – Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, to reduce the common misclassification of SMBs during the commercial insurance underwriting process. By combining Soleadify’s accurate and comprehensive company data with industry-leading software, Sapiens further expands its…

  The global supply chain is under pressure. From natural disasters to unexpected surges in demand, companies are finding that their supply chains are not as resilient as they once thought. COVID-19 and the current instability in Europe are just the latest examples, with an estimated $4 trillion (so far) in lost revenues for organizations around the world.  When narrowing down to single points of failure, issues are actually amplified. In the case of the Suez Canal blockage, $9 billion…

A lot of wisdom comes from experience. You learn by doing and that knowledge sticks with you forever. However, learning by doing takes an excruciatingly long time. Naturally, the next best thing is to learn it all from books and apply what you have learned wherever you need to. If you ask us, books are the most valuable resource today as they can save you time and money on mistakes that others have made and documented before you. This is…

Can a deep understanding of a business’s digital footprint solve the classification problem that causes billions in losses in industries like insurance and lending? At Soleadify, we think it can. Let’s start by defining the terms and understanding the numbers. A digital footprint is the sum of a business’ online activities and external mentions. Any content that you can find online related to a brand or a legal entity makes up that company’s digital footprint. According to the Consumer Federation…

One of the most significant challenges in the modern procurement sector is supply chain discovery. From increasing magnitude and scope of vendor risk, as well as inconsistent product availability to expanding regulatory frameworks, the complications in the whole process are endless.  In an attempt to be more competitive and efficient, many business models resort to off-shoring and outsourcing, becoming more interdependent in their efforts to bridge the supply chain network. Unfortunately, the COVID-19 pandemic, which has been accompanied by the…

The internet is a wonderful place, full of massively important conversations and debates such as: was Will Smith right to slap Chris Rock in the face on arguably the most prestigious stage in the film-making industry? Truly groundbreaking stuff. But shortly before the internet was watching “Slap-that-Celebrity”, there was a raging debate upon whether there are more wheels or doors in the world. It all started on March 5th, 2022, with Twitter user NewYorkNixon tweeted a poll to his followers, telling…

In business, we ALL fill out forms. For most of us, that’s a weekly event, and for many of us, it happens multiple times per day. The list of forms we must fill out is a long one, especially for those of us who work in sales or marketing roles. Registration forms for webinars and virtual events. Registration forms for conferences and industry events. Registration forms for training courses. Registration forms for internal company activities and development programs. Forms for…

Cybersecurity Risk is no longer a technology risk: it’s WAY bigger. And, the perfect storm is happening now.   According to The Indian Express “the Log4j vulnerability–first reported on Friday– is turning out to be a cybersecurity nightmare that likely impacts a wide range of products from Apple’s iCloud to Twitter to Microsoft’ Minecraft and a number of other enterprise products.”   The scope of the issue is huge In a phone call with CNN, Jen Easterly, director of the…

Everyone knows what you mean when you ask them, “do you trust the data you use?” And everyone WILL answer you. Perhaps not articulately, but they will have an opinion. “It’s decent”, or “it’s crap”, they will say, and so on. But don’t ask anyone to define what trust is. Sure, the brave ones (like this author) will try to recite the ingredients that make up data quality as though it’s some sort of immutable law. People will try to…