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.

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…