Contract Negotiation
Utilizing our previous experience, we have negotiated over 700 core contract and many more technology contracts.
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BankTalk Episode 26 – What you should know about Buy Now Pay Later (BNPL)
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Your financial institution serves a unique market, and you need technology to service those clients. Your management team has the skills to serve your clients, and Remedy understands the technology options needed to grow your market. With an average consultant tenure of over 12 years, Remedy's team of experts are well-positioned to assist your financial institution in selecting the right solution and negotiating the best deal for you.
Why Us?
Achieving the right technology at the right price may be the best investment your Financial Institution will make in the next five years. All Executives have a fiduciary duty to negotiate the best deal possible with their vendors. The average CFO negotiates a master core vendor contract once every 5-7 years. Remedy consultants negotiate deals on a daily basis. It stands to reason that with experience like that, we have the best chance of getting our customers best-in-market pricing.
Cornerstone Bank thanks Remedy Consulting as a strategic partner in core contract negotiation. Brian, Project Manager, streamlined the process of our core vendor renewal and advised us as to the new technologies that we could continue/implement and still receive a cost reduction on our five-year contract. We are happy to highly recommend Brian and the Remedy Team.
John Doull, President
Cornerstone Bank, Overland Park, KS
We wanted to ensure our pricing and contract terms were in line with those of other financial institutions. Remedy had the tools and knowledge to help us out. The process, from beginning to end, lasted about 4 months. Remedy took care of all the negotiations and simply kept us apprised of where the negotiations were at and how they were going.
Ben Hansen, CEO
RSNB Bank, Rock Springs, WY
Our organization was engaged in a negotiation with our core provider for a contract renewal. Although we were already well into the process, I made the decision to hire Remedy because I felt the negotiations were taking too long and consuming too much of my management team's time.
Josh Hoppes, CEO
Mutual Savings Association, Leavenworth, KS
Remedy Consulting was able to achieve much more than our expectations during our core contract negotiation including significantly lower rates and contract language that much more favorable to the bank. We were extremely impressed with the project management and professionalism shown by the Remedy Team. Highly recommended.
Walker Jordan, President
Bank of Monticello
After completing one renewal on your own, it was evident that market pricing information was necessary for an effective negotiation. Remedy was able to provide that plus other contract information that made for a positive renewal. Remedy was able to achieve more than our expectations, including significantly lower rates.
Amy Johnson, COO
Dairy State Bank, Rice Lake, WI
