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Vendor Selection: How to Shop for the Right Vendor

Thursday, September 5, 2019 10:00 AM - 10:45 AM Central Time (CST)

Selecting a third-party vendor can be an intimidating decision. Vendors dazzle by promising the moon and stars while the boss is just focused on the cost. Meanwhile, regulators have their own view. Join Corporate Central and Ncontracts for this 45-minute webinar where we will show you how to cut through competing demands and lofty promises with best practices for selecting the right vendor, for the right reasons. Some items covered will include conducting a needs assessment for the vendor/program that coincides with the credit union’s business and operational objectives; identifying key stakeholders internally for consensus building; building a list of possible vendors; writing an RFI, RFP and/or RFQ as well as interview/demo questions; creating a vendor evaluation scorecard as well as SLAs; deciphering vendor due diligence packages and drafting contractual language; saying ‘no’ to the vendors not selected; and rolling out a successful onboarding/implementation plan. This webinar will be chock-full of tips that will help you effectively deal with both potential as well as existing vendors.

No cost to attend.

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Corporate Central Credit Union
6262 South Lowell Place, Muskego, WI 53150
Phone: (800) 242-4747 | Fax: (414) 427-3700
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