A major federal banking institution wanted to replace its home-grown hedge accounting system and was looking for a vendor that could keep current with the ever-changing law and regulations around the banking and financial industry.
The Objective
Replace home-grown hedge accounting software capable of keeping current with the ever-changing law and regulations in banking and finance industries
The Approach
Integrate with Client's project team and negotiate with the vendor’s management team to secure an agreement saving money while meeting business priorities
The Result
Saved $527,500 in 3 year term, negotiated cap on fee increase beyond 3 years, long term risk reduced with use of SaaS
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Don’t worry. You won’t be talking to an amateur salesperson who tries to pressure you into saying yes. If you get in touch with us, your team and our team will get together and evaluate your company’s unique situation, then discuss possibilities. It’s our pleasure to help you, and we hope to talk to you soon.
Seprio is a sourcing and vendor management consultancy; helping companies achieve the best savings and performance by buying products or services the right way from the right people.