Are you cultivating better vendor relationships?

It’s easy to look at your vendors as simply service providers. Maybe you contact them a few times a year to troubleshoot or for additional information. The invoices come in and the payments go out. But if that’s the extent of your vendor relationships, you’re missing out on some very important opportunities for your financial institution to satisfy growing account holder needs and expectations.

I recently joined CUInsight.com’s Lauren Culp on her podcast to discuss how cultivating vendor relationships results in a win-win-win scenario for financial institutions, account holders, and vendors.

Listen to the podcast and get answers to questions such as:

• How can you better align yourself with strategic partners that can help you achieve your goals?
• What role do vendor contract negotiations play in increasing your digital capabilities and reducing account holder friction?

• How do vendors feel about negotiating with consultants, and how does it impact the relationship?
• How does the rising Consumer Price Index affect your financial institution’s bottom line?
• How can JMFA help you facilitate a dialogue with your vendors to produce win-win results?

For more information on how JMFA can help you get the very best deal on your vendor contracts and cultivate mutually beneficial relationships, email kelly.flynn@jmfa.com or call 800-809-2307.