Vendor Evaluations & Pricing Negotiations

Vendor Evaluations & Pricing Negotiations

If it’s time to evaluate new or alternative processing solutions for your bank, benefit from our expertise and save money in the process!

Our services are designed to lessen the burden of an evaluation process, assist you in making wise technology decisions, improve future operational and financial performance, and save you money in the process!

  • Core Data Processing
  • Check Processing
  • Remote Deposit Capture
  • ATM & Debit Card Processing
  • Internet Banking & Bill Pay
  • Platform Solutions
  • Document Imaging Systems
  • and More!

During your Vendor Evaluation process, BankSmart can manage and assist you with the following evaluation activities:

  • Develop Current Vendor Contract Tracking Tool
  • Develop Current Vendor Contract Non-Renewal Notifications
  • Perform Operational Review
  • Develop a formal Request for Proposal for proposing vendors
  • Benchmark Costs for Current Processing Services
  • Schedule and Participate in Vendor Meetings
  • Analyze Vendor Proposed Pricing in an “apples-to-apples” format
  • Negotiate Finalist Vendor Pricing at Competitive Rates and Terms
  • Review New Agreements for Terms and Pricing
  • Review Post-Implementation Invoices for Accurate Pricing

BankSmart’s experienced team knows and understands many different vendor processing solutions and we strive to maintain effective and professional relationships with the vendors in the market. We have found that treating vendors with fairness and respect results in better results for your bank!

BankSmart provides the most effective and comprehensive vendor evaluation process available for making educated and cost-effective decisions that will affect the future of your bank!

Call Us at (813) 774-8000

Or complete the form on the right and we will be in touch within 24 hours.