Encompass Corporation has appointed former CEO of the Asset Based Finance Association (ABFA), Kate Sharp, as an industry advisor. Kate will be responsible for supporting and accelerating the company’s growth as a supplier of innovative visual analytics technology to the UK’s asset based lending, factoring, and invoice discounting industries.
Kate served as CEO of the Asset Based Finance Association from 2003 to 2014. She significantly raised the profile of invoice finance within Government which ultimately resulted in significant changes to UK legislation in respect of bans on assignment. Kate was also instrumental in setting up the EU Federation for Factoring and Commercial Finance (EUF) and was made an honorary fellow of the Institute of Credit Management .
Mark Nuttall, VP UK & EMEA at Encompass, said: “Asset based lending, and invoice finance are both increasingly significant contributors to growth of the UK’s economy. Kate’s knowledge and expertise of these sectors will prove invaluable, helping our company to build deep engagement with the industries and to provide them with software products that improve their decision-making processes.”
Kate Sharp, industry advisor, Encompass, added: “Financial services firms face the challenge of making sense of all relevant information available to them, and doing this in a timely manner and at reasonable economic cost. I believe that by using products from Encompass, firms can genuinely create value for their clients and their owners.”