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Three Reasons to Give Your Vendor Contracts a Closer Look

Written by ADVANTAGE | Oct 16, 2024

By ADVANTAGE

If reducing expenses while staying current with evolving technology is a priority, reviewing your vendor contracts could reveal unexpected savings. Many credit unions assume they lack the leverage to secure better deals or that the vendor’s final offer is the best they can get.

However, many savings opportunities are often hiding in plain sight. Taking the time to reassess your vendor agreements is a critical step toward easing financial pressures and fostering long-term growth. Discover how to unlock significant value, whether your goal is to reduce expenses or reinvest savings into your credit union.