IFA Previews the 30th Annual Factoring Conference

Get ready for the event of the year! The International Factoring Association proudly presents the 30th Annual Factoring Conference, happening from May 1 to 3, 2024, at the luxurious Fontainebleau in Miami Beach, Florida. Join us at the epicenter of finance innovation at the world's largest gathering exclusively designed for banks and financial firms that specialize in Factoring and Accounts Receivable Financing. This event will bring together industry leaders, professionals, and experts to discuss the latest trends, innovations, challenges and opportunities in the world of factoring. As the financial landscape continues to evolve, the IFA Annual Conference provides a valuable platform for networking, knowledge-sharing, and fostering collaboration within the industry.

Some of the greatest minds in the commercial finance industry will provide two full days of instruction, delivering expert-led education and topics for all skill sets. Innovative learning formats and engaging instructors allow you to align your education to your own personal needs, interests, and learning level.

The conference will delve into the impact of technology on the factoring industry. Discussions will be centered around how artificial intelligence and other emerging technologies are reshaping traditional practices, improving efficiency, and reducing risks. Experts will analyze the current state of the global economy and its implications for the factoring industry by focusing on economic indicators that are influencing the landscape and creating both challenges and opportunities alike.

With the ever-changing financial environment, risk management strategies will also be a focal point of discussions. Industry leaders will share best practices for identifying, assessing, and mitigating risks in factoring transactions, ensuring that participants are left with a heightened awareness of effective risk management solutions. Attendees will also gain valuable insights into the latest regulatory developments affecting the factoring industry. Updates on disclosures and legal considerations will be explored, providing attendees with a comprehensive understanding of the regulatory landscape that lies ahead and how to protect themselves.

Featured Keynote Sessions

Our 2024 keynote speakers were chosen to inspire, inform and captivate the audience with their compelling and impactful messages. This year’s theme focuses on artificial intelligence and how technology is advancing the factoring industry and what that means for you.

Mike Walsh – (The AI-Powered Organization) Mike Walsh is the CEO of Tomorrow, a global consultancy on designing companies for the 21st century. For the past twenty years, he has been a leading authority on disruptive innovation, digital transformation and new ways of thinking. A global nomad, futurist and author of three bestselling books, Mike advises some of the world’s biggest organizations on reinvention and change in this new era of machine intelligence.

Andrew Busch – (Disrupting the Economy and Shaping the Future) "Where do we go from here?” is the question Andy Busch answers on the economy, business and government policy. He breaks down today’s chaos to provide specific ideas how Factors and organizations can overcome, adapt and thrive. In this compelling and visionary keynote, Andy dives deep into the far-reaching effects of artificial intelligence on economic growth, job creation, and politics, unraveling the complex interplay between these crucial domains. Embark with the former 1st Chief Market Intelligence Officer for the US Government on a fascinating journey uncovering the potential of AI to redefine the global landscape, and learning how to adapt and thrive in this new era of unprecedented change.

We have planned a variety of breakout sessions during the conference, including:

·        Transportation Factoring

·        Navigating Business and Legal Challenges In Factoring

·        Factoring 101

·        Strategies for Sales Success

·        Roundtable for Senior Executives

·        NEXGEN Panel

·        Unlocking AI’s Marketing Potential

·        Navigating the Complexities of Credit & Debtor Protection

·        Legal Panel at Lightning Speed

·        Non-MCA Funding Options for Factoring Clients

·        Cybersecurity

·        M&A in the Factoring Industry

·        Report from the Courts

·        Canadian Factoring – War Stories from Factoring Leaders

·        Roundtable for Small Factors

·        Financial Disclosures & Regulations

Setting the Stage in Miami Beach

The vibrant city of Miami Beach serves as an ideal backdrop for the conference, offering a mix of business and leisure. Attendees have the opportunity to engage in insightful discussions while enjoying the beautiful surroundings and world-class amenities that Miami Beach has to offer. The Fontainebleau Miami Beach provides a conducive environment for fostering connections and sparking meaningful conversations.

One of the highlights of the conference is the plethora of networking opportunities it provides. Attendees have the chance to connect with peers, potential business partners, and industry thought leaders. Informal networking sessions, panel discussions, and social events will facilitate meaningful exchanges of ideas and experiences. Not only is one of the best ways to learn about the industry through the experience of others, but expanding your networking circle allows you to gain resources for future business.

Some of the events we have planned this year include:

·        TriumphPay Welcome Reception

·        Thursday Evening Cocktail Hour – sponsored by Change Capital & XEN

·        Tax Guard After Party

·        Golf Tournament – sponsored by J D Factors (add’l fee)

·        Miami Beach Food Tour (add’l fee)

·        NEXGEN Reception

·        IFA Chapters Reception

·        Breakfasts, Lunches & Breaks in Exhibit Hall

·        New Member & 1st Time Attendee Breakfast

·        Breakout Transportation Factor’s Lunch

·        Breakout Small Factor’s Lunch

·        Rise & Shine Mimosa Bar

·        Idea Exchange

·        Vibes & Tides Friday Night Yacht Party - Sponsored by Commercial Finance Partners

 

Exhibit Hall

Finding the right solution provider is essential to your organization’s success. The Factoring Conference Exhibit Hall is your one-stop destination to locate the right products and providers to help your company achieve new heights. Resources are available from over 50 companies that offer software, credit, consulting, funding, trade finance, backgrounds, credit card processing, marketing, insurance, participations, UCC, publishing, tax assistance, specialty financing and more. Breakfasts, lunches and breaks are held in the exhibit hall in order to maximize your time with the vendors and for greater networking opportunities.

Additional Training

Before the conference starts, we will be offering our Factoring Essentials Training Course with George Thorson (EVP, Chief Credit Officer, Triumph) and Gen Merritt-Parikh (President, Haversine Funding). Legal counsel will also be provided by Jim Cretella, Esq. (Member, Otterbourg, P.C.) The Factoring Essentials training course is your comprehensive guide to factoring. Whether you're venturing into the world of factoring for the first time or looking to sharpen your existing skills, this course is designed to equip you with the essential knowledge to thrive in the industry.

30th Annual Celebration

To celebrate the IFA’s 30th Annual Factoring Conference, we are bringing back the Friday night closing event! Experience the ultimate 30th anniversary conference celebration at the Vibes & Tides Yacht Party. After three days of enriching discussions and valuable connections at the IFA Annual Factoring Conference, it's time to elevate your Friday night experience. We invite you to step aboard the exquisite Biscayne Lady for an exclusive yacht party to unwind, socialize, and bask in the significance of this anniversary milestone with us. This is not just an event; it's a celebration of industry achievements and enduring partnerships.

What can you expect from this remarkable evening? Picture an enchanting blend of cocktails, a delectable dinner, a live musical ambiance, and captivating views of the Miami skyline—all while making memories that will last a lifetime with your friends, peers and associates.

The Vibes and Tides Yacht Party is the perfect way to wrap up the IFA's 30th Annual Factoring Conference. But space is limited, so pre-register today to ensure your place aboard the Biscayne Lady. The future of factoring has never looked more promising, and we can't wait to celebrate it with you!

Don’t be Left Behind!

Miami Beach offers a combination of a favorable climate, world-class restaurants, cultural richness, and entertainment options that make it a standout choice for hosting the 30th Annual IFA Factoring Conference. Attendees can enjoy breathtaking sunsets, relax by the ocean, or even incorporate outdoor activities into the conference agenda, creating a unique and memorable experience.

Top notch educational sessions, informal discussions and invaluable networking opportunities make the 2024 IFA Annual Factoring Conference the must attend event of the year! As the financial landscape continues to evolve, this conference plays a crucial role in fostering collaboration, sharing knowledge, and shaping the future of the industry. Participants will leave Miami Beach with a wealth of insights, new connections, and a renewed sense of enthusiasm for the dynamic world of factoring. Don’t be left behind! See you in Miami Beach!

For more information and to register, visit www.factoring.org/annualconference

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