Strategic Resource Management (SRM) is the NAFCU Services Preferred Partner for Vendor Cost Benchmarking and Negotiation Services.
SRM specializes in identifying previously undiscovered opportunities for growth or savings, aligning expenses with their proprietary benchmarking process, and fostering supplier partnerships with a focus on quality and long-term stability.
Using a proven spectrum of sourcing, procurement, and revenue-enhancement services designed to help reduce operating expenses and optimize efficiency, SRM has distinguished itself in the field.
"SRM was easy and professional to work with. Our involvement with SRM has been well worthwhile, with financial benefits that have and will continue to have significant positive impact on our expenses and bottom line."
Jim Doig, President/CEO
Sidney Federal Credit Union (Sidney, NY)
“We have 14 areas that we are working through. The first and biggest contract provided savings and financial relief well beyond anything we ever expected. If we saved nothing from the other 13 initiatives, I am still a hero here with my CEO and the Board and the rest of the senior team. I am a FAN of SRM.”
Keith Malbrue, CIO
Affinity Plus Federal Credit Union (St. Paul, MN)
“I don’t think people realize how much money SRM can actually generate. Just the first project made a huge difference to our bottom line.”
Todd Brown, Chief Financial Officer
Teachers Credit Union (South Bend, IN)
"Our experience was positive. The branding project delivered exactly what SRM said it would”
Rich Arnold, Vice President of Finance
Capital Educators Credit Union (Meridian, ID)
When financial institutions partner with outside parties to provide mission-critical services, they are making long-term commitments. Because many of these services directly touch members, it makes choosing the right vendor for your credit union a high stakes decision. This podcast if the first of a two-part series on best practices in vendor contract negotiations and focuses on why vendors have three key advantages in negotiations that too many organizations underestimate.
In the second installment of our two-part podcast series with Strategic Resource Management, Paul Timm, Vice President of Marketing for NAFCU Services, sits down with industry expert Russ Bourne, Executive Vice President for Strategic Resource Management. They discuss important best practices for navigating your vendor contract negotiations including the renewal process and how to effectively utilize RFPs to your credit union's advantage.
In the first installment of our two-part podcast series with Strategic Resource Management, Paul Timm, Vice President of Marketing for NAFCU Services, sits down with industry expert Russ Bourne, Senior Vice President for Strategic Resource Management. They discuss important best practices when it comes to vendor contract negotiations, and navigating these complex situations that all credit unions face.
Larry Pruss, Senior Vice President at Strategic Resource Management, sits down with Randy Salser, President of NAFCU Services to discuss opportunities for revenue growth that almost all credit unions can leverage.
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November 19, 2015 ARLINGTON, VA --- NAFCU Services Corporation has selected Strategic Resource Management (SRM), a proven leader in the bottom line enhancement industry, as the preferred partner for vendor cost benchmarking and contract negotiation services.
Benjamin MrvaExecutive Vice Presidenthttp://www.srmcorp.com