CEMP Webinar 05 Enhancing Equipment Management: Third-Party Vetting, Error Prevention, and Internal Procedures
Includes a Live Web Event on 06/11/2025 at 1:00 PM (EDT)
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You must log in to register
- Non-Member - $119
- Member - $79
Wednesday, June 11, 2025
1:00 p.m. - 3:00 p.m. Eastern
Description
Join us for an essential webinar focused on elevating your equipment management practices. This session is designed for asset managers, procurement professionals, and compliance officers who aim to strengthen their oversight and streamline their internal processes.
Key Topics Covered:
- Third Party Vetting Process: Learn how to effectively vet third-party vendors to ensure they meet your standards for reliability, compliance, and performance. Explore strategies for evaluating and selecting partners who align with your organizational goals.
- Errors and Omissions: Understand common pitfalls and errors in equipment management and discover best practices for minimizing omissions and inaccuracies. This segment will provide practical solutions for maintaining high standards in your equipment management processes.
- Internal Policies and Procedures: Dive into the development and implementation of robust internal policies and procedures. Gain insights into creating guidelines that ensure consistency, compliance, and efficiency in your equipment management practices.
This webinar will equip you with the knowledge and tools to enhance your equipment management approach, reduce risks, and foster effective internal controls. Don’t miss this opportunity to refine your strategies and ensure operational excellence.
Learning Objectives
- Evaluate Third-Party Vendors: Participants will be able to outline an effective vetting process for third-party vendors, assessing their reliability, compliance, and performance standards relevant to their organizational needs.
- Identify Common Pitfalls: Participants will be able to recognize and analyze common errors and omissions in equipment management practices, enabling them to implement strategies to minimize these issues.
- Implement Best Practices: Participants will be equipped with practical solutions and best practices to maintain accuracy and high standards in equipment management, including techniques for error prevention.
- Develop Internal Policies: Participants will learn how to create and implement robust internal policies and procedures that enhance consistency, compliance, and efficiency in equipment management.
- Enhance Risk Management: Participants will gain insights into risk management strategies that foster effective internal controls, ultimately leading to improved operational excellence in equipment management.
- Align Equipment Management with Organizational Goals: Participants will be able to align their equipment management strategies with broader organizational objectives by evaluating and selecting partners that fit their goals.
By the end of the webinar, participants should feel empowered to refine their equipment management practices through informed decision-making and strategic planning.
Course Audience
Leasing companies, credit officers, banks, attorneys, management associations, ELFA, equipment managers
General Webinar Information
Login to ASA's webinars are through your Education Dashboard on the ASA website. In addition, this presentation will not be recorded or made available post-webinar for purchase via the ASA Marketplace
System Requirements
To ensure the best ASA webinar experience, be sure to download the Zoom app on your device before the webinar begins.
Continuing Education (CE) Information
This webinar will award 2.4 CE hours.
If you are a designated member of the American Society of Appraisers, CE credit will automatically be entered into your record ONLY if you participate in the live webinar. Please allow approximately 2 weeks post-webinar for ASA to notify participants via email regarding a certificate of completion.
Mark Polis
Senior Vice President of Asset & Portfolio Management
Auxilior Capital Partners
Current Position – Mark current role is with Auxilior Capital Partners. He joined this team in June 2023 as a Senior Vice President of Asset & Portfolio Management. Here, Mark has managed both the Asset and Portfolio Management (Collections) teams. As of August 2024, his primary focus has focused on expanding and growing the Asset Management functions for this independent finance company. Here, he created and manages his third equipment appraisal desk. His major responsibilities include, but are not limited to, the following: residual setting and forecasting; program residual management; internal equipment valuations and appraisals; external appraisals, portfolio reporting; equipment dispositions; end of lease negotiations; renewals; lease payoffs; inspections; documentation negotiations; developing policies and procedures; compliance; budgeting projections; industry and vendor studies and concentration limits reporting. He regularly interacts with executive leadership, senior management, sales, credit, risk, audit, operations, collections, and IT. ACP’s portfolio consists of $1.6 billion in assets with concentrations in construction, tractors, trailers, buses, aircraft and marine equipment.
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Experience – Mark has been engaged in the equipment finance industry for over 31-years, where most of his experience has been focused on Equipment Management in both independent and bank owned finance company environments. From May 2015 to June 2023 Mark worked for Capital One Equipment Finance. There he was a Senior Director of Asset Management. From August 2001 to May 2015 Mark worked for Commerce Commercial Leasing which later became TD Equipment Finance. There, he was a founding member of TDEF and the Director of Asset Management. From March 1999 to August 2001, he worked for American Equipment Leasing a division of EAB Bank (ABN Amro) which was purchased by CitiCapital. There, he was a VP/Asset Manager. From 1992 to 1999, he worked for Copelco Capital which was purchased by CitiCapital. There, he was an AVP/Asset Manager. At Copelco, he started his career in financial services as a remarketer and was quickly promoted to Asset Manager. Prior to his career in equipment finance, he held various positions as an electronic engineer.
Education & Associations - Mark holds Associates in Science in Business Administration degree from Rowan College where he was a member Of the Phi Theta Kappa National Honor Society with a GPA 3.75. He also holds an Associate Degree in Specialized Technology in Electronic Engineering from Pennco Technical Institute where he graduated with honors. Mark has also attended classes at Rutgers University towards a Bachelor of Science Degree in Finance. He is a candidate member of the American Society of Appraisers (ASA) and has successfully completed Machinery and Equipment ME201, ME202, ME203, ME204, USPAP & Ethics Exam. He has held positions as the President and a board member for the ASA’s South Jersey Chapter and has been part of their executive board. He is currently a member of the Equipment Leasing Association (ELA) and has attended the ELA Equipment Management Conference for over the last 25 plus years. Previously, he has been a member of the International Association of Medical Equipment Remarketers and Services (IAMERS) and has attended many of their annual conferences. He is also actively involved in his local community coaching Little League and street hockey and is currently an executive member of the Westville Little League and holds the position as the safety director.
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