Vendor Negotiations are a key component for financial institutions to find the best solutions for their customers. Sherri Wilson, Senior Vice President of IT/Operations Director at HARCO takes us through the important questions to answers and the steps to ensure a positive outcome for all parties. She answers the key questions:
- Who should be participants in vendor contracts?
- What is the value of having an internal discussion before engaging the vendor in negotiations?
- What components of the contracts need careful attention?
The insights to these questions and more are at the core of this interview.
Sherri Wilson is a seasoned senior executive in the financial community. She has held executive positions in Operations, Technology, Compliance and Risk Management in her career spanning over 40 years. She has worked for banks and a credit union – most recently at HARCO Credit Union in Bel Air, Maryland.