System Evaluation, Selection, & Negotiation

Call PRI if you:

  • have a system contract up for renewal in the next 3 years
  • have employees using multiple systems for one task (such as loan origination or account opening), or
  • want to ensure that a newly purchased system is being used efficiently and effectively

We dig into the details analyzing your institution’s systems usage and needs. Armed with a thorough needs assessment, we lead your institution through evaluation of the core and ancillary systems, selection of the right systems using an objective decisioning process, and ultimately negotiate the final contract(s) with optimized terms and pricing.

When it comes to System Selection & Implementation, our 8-step approach ensures that all parties understand the gap between system functionality and utilization. After analyzing volumes and developing system specifications, our experts compare and recommend vendors objectively, and negotiate contracts that maximize value at the lowest cost.

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