Banking Contracts We Negotiate
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Core Banking Systems
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Online & Mobile Banking
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Item Processing
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Debit & Credit
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Card Branding
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ATM Maintenance/Cash Delivery
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Telecom
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And more
As a top-performing financial institution, you want to achieve market pricing and agreeable terms with all of your contracts. But market data is not easily available to guide decisions that impact the bottom line.
Working alongside bank and credit union executives for almost twenty years, we have learned that not all contracts are created equal. Every third-party contract we assess is an opportunity to find leverage at the negotiation table and level the playing field for the client.
Cornerstone Advisors is uniquely positioned to help you maximize contract savings. Contact us today.
Core Banking Systems
Online & Mobile Banking
Item Processing
Debit & Credit
Card Branding
ATM Maintenance/Cash Delivery
Telecom
And more
Fiserv Premier
Fiserv DNA
Fiserv Signature
Fiserv Cleartouch
Fiserv FirstData
FIS IBS
FIS Horizon
FIS Bankway
Jack Henry
Visa
Mastercard
PSCU
NCR
Q2
Alkami
Kony
And more
Employ the highest ethical standards
Pursue an improved vendor relationship
Act as an extension of your team
Negotiate with you, not for you
Work toward an effective market-based aggressive negotiation
Emphasize best-in-class legal terms
Near-term hard-dollar savings and revenue enhancement opportunities
Assurance of the best market price every time for all contracts
Protection that no fine print slips through the cracks
Integration with your current and future technology roadmap to ensure institutional alignment
Disciplined earnings-driven approach to tracking financial impact
Contract Vault™ proprietary information on thousands of industry price-points
Executive-level negotiators with years of banking, credit union, and financial industry experience
Expertise negotiating contracts for core, item processing, online/mobile banking, card processing, branding, telecom, ATM/ITM, trust, HRIS
Reputation and access to vendor executives at Visa, Fiserv, FIS, Vantiv, PSCU, NYCE, Salesforce, nCino, Alogent, and Q2 to name just a few
Over 80% of our clients have used us for multiple negotiations after going through our process
Protect relationships with your current and future vendors
Alignment of your financial institutions’ needs with appropriate product offerings to drive down costs
Earnings-driven approach to track financial impact
Conduct due diligence on your behalf so you can focus on operating your bank or credit union
An outcome that benefits your bank, credit union, financial institution, or business
I'm generally skeptical of hiring consultants but decided to give Cornerstone a try to help negotiate a renewal of our core processing contract. Their familiarity with competitive industry pricing and contract language brought sunlight and leverage into what would have been a weak negotiating position. And it paid wonderful dividends!
Community banks negotiate and renew our critical vendor contracts with multi-year commitments. Limited information on industry trends and conditions often leaves us negotiating against ourselves. Cornerstone provides both industry knowledge and current market conditions which result in significant immediate and direct benefits to our institutions. Their ethical approach with full transparency results in the ultimate win/win for our institutions.
We recently tasked Cornerstone Advisors with a very tight turn on contract negotiation. They were all hands on deck and were extremely timely in their research, presentation preparation, and delivery request to our vendor. They did the heavy lifting for us and we came along for support. We are so pleased with the outcome of this negotiation. I would highly recommend Cornerstone Advisors
We contacted Cornerstone Advisors following a merger of equals (MoE) announcement. It was critical to go through an expedited core selection and find synergies that aligned with the MoE related to our top vendors. Cornerstone was immediately available and delivered the results we were looking to achieve
The Cornerstone Advisors team is both knowledgeable and professional. They helped us save several million dollars on a key long-term vendor contract and provided sound advice through our benchmarking initiative.
Stop falling behind your competition and watching your value plummet. At Cornerstone Advisors, we’re proud that more than half of America’s Best Banks rely on our 100+ banking experts to achieve top performance.
And we can help you too.