Beware of contract deadlines: the clock keeps ticking
The clock keeps ticking, even in a pandemic. Even though your attention has to be focused on a multitude of pressing matters, contracts still automatically renew, and they still need your attention.
To Our Clients Who Are Proving, Once Again, that You Are the Hearts of Your Communities: Thank You
In this time of crisis, when small businesses desperately seek funding to keep their doors open and employees on payroll, credit unions and community banks like yours stepped up among the first institutions to process loan applications.
The right way to do Vendor Management – part 4
This is part four of four of the Right Way to Do Vendor Management. In the first article, we overviewed vendor management as a system, with requirements about choosing the right vendor, contracting well, and measuring and monitoring vendors.
The right way to do Vendor Management – part 3
This is part three of four of the Right Way to Do Vendor Management. In the first article, we overviewed vendor management as a system, with requirements about choosing the right vendor, contracting well, and measuring and monitoring vendors. In the second article, we overviewed vendor selection and choosing the right vendor. This article is about contracting well. Stay with us – it’s actually more interesting than you think.
Happiness is a warm blanket
Famed cartoonist Charles Shultz titled one of his books “Happiness is a Warm Puppy.” We agree, but for a child in need – happiness can also be a warm blanket. Sometimes, people who have almost everything they need don’t recognize the little things that can be so meaningful – like a blanket for a child who is victim of abuse.
The right way to do Vendor Management – part 2
This is part two of four of the Right Way to Do Vendor Management. In the first article, we overviewed vendor management as a system with three parts: choosing the right vendor, contracting well, and measuring and monitoring vendors. This article is about the first, choosing the right vendor.
Time for a change
How often have you heard people say, “Timing is everything”? As a leader in your institution, you know how important the power of timing is in just about everything you do. So, it’s rather amazing when I hear leaders tell me…
So, what’s up with vendor planning?
A community bank was excited to offer their customers a chip debit card. But when they called their ATM vendor, they discovered that, even though it was only five years old, the ATM wasn’t chip adaptable. So, they had to…