Contract Negotiation Services
Cornerstone's executive-level contract negotiators partner with financial institutions to increase revenue and reduce expenses through negotiation, proprietary industry data, and access to vendor executives.
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Positioning You to Win at the Negotiation Table
We work alongside financial institutions that are spending too much money and subjecting themselves to unfavorable technology contract terms by entering negotiations with little to no knowledge of market pricing. Our contracts services include negotiating contracts for core, item processing, online/mobile banking, card processing, and more.
SEND ME MORE INFORMATION ON CONTRACT NEGOTIATIONComplete the Form Below To Receive Additional Information About Cornerstone Advisors Contract Negotiation Services
ANNUAL AVERAGE OF
Vendor Contracts Allowed to Auto-Renew
An institution that allows its contracts to auto-renew at pricing and terms that were written by the vendor is forfeiting valuable cost-saving opportunities. Many auto-renewals include an automatic price increase.
Market pricing for financial technology changes constantly, and trends downward for core processing, digital delivery, payments, and card processing systems.
ANNUAL AVERAGE OF
Vendor Contracts Allowed to Auto-Renew
An institution that allows its contracts to auto-renew at pricing and terms that were written by the vendor is forfeiting valuable cost-saving opportunities. Many auto-renewals include an automatic price increase.
Market pricing for financial technology changes constantly, and trends downward for core processing, digital delivery, payments, and card processing systems.
AVERAGE TIME THAT
Financial Institutions Begin Negotiation in Advance of Termination Date
The right timing can help an institution maximize its leverage and execute a fair-priced contract with superior business terms and conditions.
Experience tells us that most banks and credit unions enter into contract negotiations far too late in the game to put any real fear into the hearts of the vendors.
Our Commitment to You On Third-Party Contract Negotiation
Working alongside bank and credit union executives for twenty years, we have learned that not all contracts are created equal.
Complete the Form Below To Receive Additional Information About Cornerstone Advisors Contract Negotiation Services
New
Contracts
Contract Renewals
Merger Negotiation
Contract Roadmapping
Banking Contracts We Negotiate
Online & Mobile Banking
Loan Origination
Item Processing
Debit & Credit
Card Branding
ATM Maintenance/Cash Delivery
Telecom
(And more)
Who We Negotiate Contracts With
Fiserv DNA
Fiserv Signature
Fiserv Cleartouch
Fiserv FirstData
FIS IBS
FIS Horizon
FIS Bankway
Jack Henry Silverlake
Jack Henry 2020
Jack Henry Symitar
PSCU
NCR
Q2
Alkami
Kony
(And more)
What Clients Say
"We've had great experiences with Cornerstone Advisors. Their professional, knowledgeable, and responsive team has given us the tools to enhance vendor and expense management and execute strategic initiatives more smoothly. We've learned from each engagement and appreciate the unbiased expertise and industry knowledge that Cornerstone brings to the table!"
SVP
Credit Union in The Southwest
"I cannot believe the results we achieved in such a short time frame, and we didn’t need to use a scorched-earth approach to negotiate."
CEO$15B Regional Institution Operating in The Western Half of the U.S.
"Over the last several years we have achieved material short and long-term savings partnering with Cornerstone Advisors. They take on the heavy lifting and boil decision-making down to a simple choice."
EVP
$35B Regional Institution