A core system decision may well represent the most significant financial investment your institution will make in the next five years. Faced with a potential outlay of several million dollars, it is critical that your data processing solution helps your organization achieve its strategic goals.

• Will the proposed system really work as promised?
• How can you be sure you are getting the best possible deal?

For more than a decade, Cornerstone Advisors professionals have been assisting financial institutions make educated system selection decisions. Recognized for our in-depth knowledge of vendor technology products, the Cornerstone team has led more than 100 system selection and contract negotiation engagements for mid-size banks and credit unions.

Our skilled professionals help you sift through the hype, make apples-to-apples product comparisons, and choose a vendor that fits your needs and your budget. During a Vendor Selection engagement, Cornerstone:

• Works with you to customize an effective RFP document
• Handles the administration of the RFP process
• Coordinates and attends onsite vendor demonstrations
• Compiles a Final Bid Analysis

Once you've made your choice, Cornerstone provides a Summary Report that verifies and substantiates the bank's selection process. This report is appropriate and recommended for submittal to the bank's Board of Directors, auditors, and regulators.

Before you sign on the dotted line, make sure you are getting a fair deal from your new vendor with Cornerstone's cost-effective contract negotiation services. Once the deal is signed, make the transition to your new system as successful - and as painless - as possible with Cornerstone's experienced system implementation staff.

Content with your existing core provider? Consider Cornerstone's Renewal Advisory Services, designed to help you know you are getting the best possible terms, conditions, and price at contract renewal time.

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