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Topic: Vendor Management

Best Practices for Managing Risk During Vendor Selection
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Selecting and onboarding a new core vendor involves a certain level of risk. You can do your due diligence and feel confident in your selection, but how do you know if in one year, five...

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Vendor Management Basics: How to Build a Successful Process
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Vendor management is the process of overseeing third-party service providers who work for your organization, from beginning to end. In this article I will introduce each phase of the vendor...

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It's Time to Rethink the Core Vendor Relationship
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This article was previously published in Independent Banker. How would you describe your relationship with your core provider? When we spoke to a group of community bankers last year, we...

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A Community Banker's Guide to Spotting the Holes in a Core Contract
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Having to review a core provider’s contract is like trying to walk through the southern mud. There are pages and pages of messy legalese, and if you don’t have an attorney that is...

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Vendor Management in Action: Choosing a New Core During a Pandemic
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A new core system is a significant financial investment and time commitment. Finding the right core partnership to meet your bank’s needs takes time to research and vet the options. Gilmer...

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The Components of Successful Core Vendor Management
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Whether you’re exploring a new core solution or are narrowing down your selection for a new core provider, there are critical conversations that need to happen with a potential vendor prior...

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Evaluating core vendors? Start by meeting the right team. 
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Shopping for a new core involves so many details. The cost, the timeline, and even the vendor’s reputation can influence your purchasing decision, but there’s more to it. In fact, there are...

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