Basic due diligence on any new vendor you need to do
Maple Street expert shares list of basic due diligence you should run on any new vendor you’ll partner with for any length of time.
Maple Street becomes first vendor management company to scorecard itself to further client relationships
As part of its commitment to achieve clients’ goals, the company will build a scorecard to measure results and facilitate discussion and understanding.
Credit union margins are falling, but you can still come through for your members
According to a recent Credit Union Times article, credit union margins are falling. Maple Street explains how effective vendor management can help.
Effective dates vs. commencement dates
Maple Street pros share the difference between effective dates and commencement dates, and why it’s important.
Not reviewing your contracts can cost you money
Credit unions and community banks waste millions of dollars every year. The easiest, fastest way to stop wasting your money is your vendor management program.
Put time on your side during negotiations
Credit unions and community banks waste millions of dollars every year. The easiest, fastest way to stop wasting your money is your vendor management program.
Too busy to save your members or customers money
One of the problems from being too busy is the inability to pay attention to important details that can easily be put off to another time. The best example we’ve seen of this is putting off evaluating existing vendors and considering renegotiating your contract with those vendors.
The dangers of maverick contracting
Credit unions and community banks waste millions of dollars every year. The easiest, fastest way to stop wasting your money is your vendor management program.
The value of vendor planning
Credit unions and community banks routinely do strategic planning – the key word being “routine,” because institutions frequently fail to consider all aspects and possibilities, including the tools you’ll need to get the results you want three to five years from now.
The Performance Addendum
Maple Street has been negotiating with your vendors for over 18 years. We negotiated great results but wanted to see where we could improve, so we took the time to evaluate past negotiation projects to determine if our clients were getting the results vendors promised.