We are always on the search for pictures of beautiful faces found wearing the Remedy T-shirt. Here are a couple we found on a trip to Denver recently.
Remedy Blog
Why is a Merger/Acquisition the Best Time to Negotiate your Core Vendor Contract?
In addition to presenting an education session on vendor selections best practices at the Louisiana Credit Union event on April 18, in Baton Rouge, the Remedy team participated in the murder mystery fundraiser for the Louisiana Credit Union Foundation. We were happy to live through it after an intriguing night…
Remedy partnered with the Illinois Bankers Technology and Operations Committee to present an education session on core vendor systems selection best practices. This was a great meeting with a good group of people, very interactive!
Check out the April Great Lakes Banker article on core vendor RFP creation, written by Charlie Kelly, one of Remedy’s Sr. Directors...
We are constantly on the lookout for the Remedy T-shirt in our travels. Here is one that one of our employees found in Jamaica! We’ve always thought of Remedy as a U.S. based operation, but our T-shirt has gone international! Send us a picture if you see the Remedy shirt on your travels, and we’ll…
We recently read an opinion piece in the ABA’s BankThink column. The article is saying that in the wake of the Suntrust and BB&T merger, that the merger is effectively to gain the economies of scale needed for regional banks to compete with the national banks. The article goes on to say that the…
The Remedy Analytics team recently dissected over 600 previously negotiated contract renewals from three different categories: Contracts negotiated by a bank and credit union (DIY) without consultant assistance Contracts negotiated by flat-rate or by-the-hour consultants Contracts negotiated by contingent rate (percentage of fee) consultants The surprising (or not so surprising) results can be found in…
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February 18, 2021by Charlie Kelly
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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
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
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
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
