Research Report
Vendor Management: How Banks and Credit Unions Can Gain a Competitive Edge
Download this comprehensive guide and discover the 6 key steps you must take to implement an effective vendor management program at your financial institution.
What You'll Learn in this Report
- Reduce Expenses: Align vendors with strategic goals, consolidate agreements and optimize contracts.
- Control Risk: Handle due diligence, audits, contingency planning and exit strategies.
- Increase Agility: Identify scalable partnerships and explore new solutions.
- Boost Efficiency: Standardize processes, integrate systems and automate workflows
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What's at Stake
$
is the amount a typical $5 billion bank could save per year
$
is the amount a $1 billion credit union could save per year
About Cornerstone Advisors
At Cornerstone Advisors, our goal is to deliver tangible business impact to financial institutions and fintechs. We know that when institutions improve their strategies, technology, and operations, enhanced financial performance naturally follows. Because we live by the philosophy that businesses can’t improve what they don’t measure, we show banks and credit unions how to use laser-focused measurement to make smarter technology decisions.