SRM Blog - The Bottom Line

NAFCU Services Partners with Strategic Resource Management for Vendor Cost Benchmarking and Negotiation Services for Credit Unions

Written by Strategic Resource Management | Nov 19, 2015 3:00:00 PM

MEMPHIS, Tenn., November 19, 2015 – 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.  SRM joins a distinguished group of 30 NAFCU preferred partners carefully selected by leaders in the credit union industry.

"We are excited to partner with SRM to help credit unions maximize savings and enhance their relationships with their vendors,” said Randy Salser, president of NAFCU Services Corporation.  “SRM has been proven to work with the highest integrity and objectively analyze vendor relationships, all while focusing on a results-driven approach to purchasing strategy.”

SRM is dedicated to bringing the best cost savings and revenue enhancements to credit unions,” said Brad Downs, CEO of SRM.  “We look forward to expanding our national client base by working with NAFCU’s network of credit unions to ensure they remain competitive and bring the best value to their members.”

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.

About NAFCU Services Corporation
NAFCU Services Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU). For 40 years, NAFCU Services has partnered with the industry’s leading providers to offer superior solutions to the credit union industry.  The NAFCU Services Preferred Partner Seal designates only those suppliers who are truly committed to credit unions, and who have undergone a rigorous evaluation process. For more information, visit www.nafcu.org/nafcuservices and follow us on Twitter, @NAFCUServices.

About SRM
Founded in 1992, Strategic Resource Management, Inc., is an independent professional services firm that draws on extensive experience, market insight, and a robust, proprietary benchmarking database to help clients all across the U.S. and Canada reduce costs and improve revenue. For more information, visit www.nafcu.org/SRM.

Media Contacts:
Paul Timm – NAFCU Services
Vice President, Marketing
703-842-2210
ptimm@nafcu.org

Benjamin Mrva – Strategic Resource Management
Executive Vice President
901-681-0204
bmrva@srmcorp.com