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#71 Exciting Innovations From SBA To Help Bond Agents and Small Contractors

https://letsgetsurety.org/episode-player/1043/71-innovations-from-sba-help-bond-agents-contractors.mp3

Jennifer Vigil, Acting Director, Office of Surety Guarantees, Office of Capital Access, US Small Business Administration

Andrea Haight, Assistant Vice President, CCI Surety, Inc.

Michelle Savage, Vice President, Communication, XBRL US

On this episode of Let’s Get Surety we are joined by Jennifer Vigil of the US Small Business Administration, Andrea Haight, of CCI Surety, Inc. and Michelle Savage of XBRL US to discuss the exciting news that the US Small Business Administration is now accepting the Work in Process (WIP) report data in a machine-readable format using XBRL taxonomy to eliminate the need for bond agents to manually enter data into an online form. We discuss WIP automation testing, SBA’s acceptance and what this will mean to the parties that participate in SBA’s Surety Guarantee Program. NASBP members’ significant role in supporting automation efforts will also be highlighted.

Jennifer Vigil, Acting Director, Office of Surety Guarantees, Office of Capital Access, US Small Business Administration
Andrea Haight, Assistant Vice President, CCI Surety, Inc.
Michelle Savage, Vice President, Communication, XBRL US

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP


Posted On September 13, 2022

Posted By Let's Get Surety

Posted In Small and Disadvantaged Business Matters

Tagged automation SBA small business surety technology Work in Process (WIP) XBRL

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