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Vendor Evaluations, Implementations & Utilization Consulting
Vendor spending is your second largest non-interest expense, yet 98% of financial institutions are overpaying or under-utilizing mission-critical vendors. We are passionate about fixing that.
We help financial institutions maximize returns on their existing vendors through performance improvement and/or cost reduction. When you are considering replacing vendors, we will also guide you through the vendor evaluation, selection, contracts, and implementation process.
Vendor Evaluation Consulting
We help you evaluate and contract with bank core, credit union core, digital banking, and loan origination vendors.
Vendor Implementation
We help you with complex implementations of bank core, credit union core, digital banking, and loan origination vendors.
Vendor Utilization Improvement
We help you maximize the return on your existing vendor investments through utilization, improvements, and contract negotiation.
Vendor Management
In addition to our comprehensive vendor management program and vendor management software, we include vendor risk assessments in all of our vendor evaluation services.
So, What Makes Us Different?
MORE EXPERIENCE THAN ANY OTHER CONSULTANT
We have helped more banks and credit unions with vendor evaluations than any other consultant. We are the most experienced and have the most time-tested process.
BEST MARKET PRICING
Our ContractVault™ is the most comprehensive database of vendor pricing on core, EFT, cards, Internet banking and digital, item processing, LOS and telecom/datacom. We will get you better pricing, terms and SLAs than anyone else.
BEST VENDOR INTEL
Our VendorVault™ includes hundreds of financial institution’s vendor satisfaction ratings across every major bank and credit union vendor. Our database also includes the most commonly under-utilized features and frustrations of every major vendor.
Learn More About Our Process and Get a Custom Quote
Schedule a time to talk with one of our Vendor Consultants or, if you’re ready, request a custom pricing proposal.