Even if you are content with your existing core provider, you will want to consider Cornerstone's Renewal Advisory Services (RAS), designed for the institution that wants to ensure it receives the best possible terms, conditions, and price from its incumbent vendor during contract renewal proceedings.

In an RAS engagement, Cornerstone:

• Reviews the incumbent vendor's financial proposal and contract
• Prepares a financial model to capture the five-year cost of the pricing proposal
• Discusses with the institution a list of appropriate issues and negotiation strategies to follow
• Negotiates the renewal contract (at your request)

An incumbent vendor should not be immune to competition. Cornerstone can help you ensure your existing core vendor offers you a fair and competitive renewal contract.

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