Our Managed Vendor Selection service facilitates a highly effective hybrid RFP process to help you find the ideal provider.
Managed Vendor Selection (MVS)
When it comes to vendor selection, banks and credit unions from $100M to $10B in assets need proven data and deep industry experience. At The Pentas Group, we expertly guide financial institutions through the complexities of finding a new provider and introducing new services to promote efficiencies.
Derive a Best-Fit Solution in an Expedient Time Frame
Finding the right partner does not have to be an exhausting, drawn-out ordeal. Managed Vendor Selection Service is a unique Pentas service that facilitates a hybrid RFP process. By streamlining the traditional methodology, we drastically reduce the time it takes to evaluate potential partners while maintaining complete integrity of the process.
Leveraging Unmatched Pricing Data
Do you know if you have a good deal or not? Our experience and pricing data allow us to help our clients derive at a best fit solution in an expedient time frame and still realize a favorable outcome relative to contract terms, pricing and efficiencies.
A Disciplined, Team-Oriented Vendor Selection Approach
Navigating the vendor landscape requires a highly disciplined approach and strategic teamwork.
Dedicated Team Approach
We rely on a team approach to all engagements, giving you more eyes and ears to catch details that a single consultant might easily miss.
Professional Vendor Handling
We engage in friendly collaboration with all service providers. The Pentas Group handles your provider in a professional and non-adversarial manner (unless necessary), setting the foundation for a positive, successful long-term relationship.
Clear Client Communication
You will always know where your institution stands. We communicate with them regularly, including weekly update reports and “Playbook reviews” to show them where we are in the process.
Start Your Search With Confidence
Ready to look for a new provider? Our knowledge is free until we are engaged on their behalf. Our process starts with a no cost, no risk assessment to determine the overall impact and your cost structure before you engage our services.