For the past decade scrappy cash managers at community banks have been working their tails off. It’s time for the major outsourcers and innovative technology companies to do their part.
Post Tagged with: "Vendor Buzz"
Bankers face a lot of work and challenges as they attempt to marry new lending systems with elegant, customer-friendly lending processes.
Brock’s got a lot on his plate, and, well, his patience for vendors is waning.
The GonzoBanker Commercial Lending Self-Assessment Checklist will help bankers identify the evolutionary status of their commercial lending production engines and determine whether this year’s budget should factor in a tune-up, an overhaul or a completely new machine.
As financial institutions consider launching or reinvigorating their CRM efforts, here are four considerations recently learned from the banking trenches.
What if I could take what I like from each of the vendors, stitch them together with the help of a hunch-back assistant, and shock it to life on the roof of my castle during a thunderstorm?
The vendor that can get rid of the silos and be known as a straight-shooter in contractual relationships will get attention from bankers who need real partners to execute their technology strategies fast.
Financial institutions outsource their solutions – and their trust – to large, big name vendors with the belief that outages won’t happen. Unfortunately, it doesn’t always work that way.
It’s going to take scale-building and what-if thinking by our ancillary vendors to correct the core players’ price-bullying.
Like it or not, GonzoBankers, the bank core technology market is now a four-company oligopoly, and that means things are certain to get tougher when it comes to vendor management.