by admin | May 6, 2021 | Contract Negotiations
An Important Discussion… If your bank has a core vendor with a contract written before 2000, it may be time to sit down and have a conversation. Many of your competitors are moving to digital platforms to serve their customers, and most core vendors have plans...
by admin | Mar 10, 2021 | Contract Negotiations
Top Reasons To Hire A Consultant When Contract Negotiating When negotiating a new contract for a bank vendor, you negotiate more than just the services and the price. You are also negotiating terms that can be quite complex and a time frame that locks you into the...
by admin | Jan 29, 2021 | Contract Negotiations
Best Questions To Ask When Contract Negotiating Is your bank, community bank, or financial institution in the process of acquiring new technology to enhance your business? If so, consider working with experienced consultants to ensure you are obtaining the best terms,...
by admin | Jan 5, 2021 | Contract Negotiations
Core Banking System Explained Today’s banks are relying on technology to a greater degree than ever before. At the heart of what each bank provides is a core banking system. Since they hit the market in the 1970s, core banking systems have been at the heart of...
by admin | Sep 28, 2020 | Contract Negotiations
Contract negotiations are a significant part of the role of leadership in a financial institution. If you are looking to renegotiate your Core Contract, Debit or Credit Card Processing contract, or any other ancillary applications, you need to enter the process armed...
by admin | May 9, 2011 | ATM's, Banking Technologies, Business News, Community Banks, Contract Negotiations, Dodd Frank, EFT's, Technology Assessment
L. Michael Wofford, Consultants and Advisors stays up-to-date by moving within the banking world on a daily basis. We are in touch with many of the most influential people in the business, by following blogs and cultivating personal relationships with them. We also...
