12/15/11 Negotiating Better Contracts For Your Credit Union
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Abound Resources’ proprietary contract negotiations methodology has saved community financial institutions tens of millions of dollars and built in thousands of protective provisions to guarantee ongoing success and cost efficiency.
You will be “married” to your selected vendors and it is important that you negotiate both the best price and best terms to create a “win/win” relationship.
Whether you are negotiating new contracts or renegotiating existing contracts, our methodology applies.
Please join us for this complimentary one hour executive briefing where we will discuss:
- Secrets to getting better pricing including the easy way to get 10% price cuts as a starting point
- How to know if you’re paying list price and what to do to pay less
- How to get service level agreements (SLAs) built into contracts to encourage vendors to meet your expected service levels
- Where vendors can and will cut and what their margins are
- The top 5 riskiest terms you need address
- How to build vendor management compliance into all contracts
Presenter: Brad Smith, President and CEO of Abound Resources. Brad has over 20 years experience helping community financial institutions achieve their business goals. His specialty is integrating credit union strategy with product, operations, technology and sales execution. He also serves as a strategy and technology advisor to several industry trade associations, is a guest lecturer at two banking schools and is a frequent speaker at industry shows.
