1. 500 Elm Grove Road, Suite 101
Elm Grove, WI 53122
800-236-6866 toll-free
262-754-9391 fax
Other Locations:
GRAND FORKS, ND
FINANCIAL INSTITUTIONS MADISON, WI
WAUSAU, WI
Expense management and strategic sourcing have never been more important than in today’s challenging economic
environment. An overlooked category is equipment service contracts. Most institutions have a multitude of
agreements with varying expiration dates, vendors, terms & conditions, and coverage parameters. Our experience,
spanning over twenty years, tells us that financial institutions are routinely over-spending by 15% to 25% on service
agreements. Often times agreements exist on equipment that is no longer even in service.
As a leader in expense reduction on service agreements, we are addressing this problem and opportunity head on. Our
consultative approach and proven track record will allow us to demonstrate to you what agreements can be easily and
effectively consolidated and therefore allow you to capture significant savings to your bottom line.
Our benchmarking process will identify your current costs, vendor relationships, coverage terms, location of
equipment, etc… This Initial Study of your agreements is performed at no cost or obligation on your part. We are
confident in our ability to perform and will demonstrate why over 4,000 financial locations across the country have
implemented this program since 1982.
Summary of Services Typical Equipment Reviewed
in the Initial Study (sample)
Initial Study: Determines and Confirms the Overall Savings Target Alarm Systems
ATM’s
Recommendations: a Clear Path That Will Demonstrate How to
Capture the Guaranteed Hard Savings and Implement the Program Coin Counters and Sorters
Copiers
Inventory: All Sites Are Inventoried and Appropriate Staff
Informed of the Program Currency Counters
Drive Up Systems
Repair Process: a Toll-Free Call Center For All Equipment in the
Encoders
Program: One Phone # for Service Regardless of Equipment Type
Mail Machines
Vendor Selection: Remains With the Client. Most Institutions Select Proof Systems
to Continue With the Same Vendor. The Choice is Yours
Scanners
Vendor Payments: Vendor Payments Are Made on Your Behalf Surveillance
Allowing You to Outsource This Timely & Costly Process Telephone Systems
Reporting: Web Enabled Reports Brings Information Right to Your Teller Cash Dispensers
Desktop. View Inventories by Branch, Vendor Payment Vaults, Safes and Chests
Histories and Pinpoint Equipment that is Failing Often and Why
“The program recommended by Insurance Strategies, Inc. did save CNB significant dollars and has enabled us to consolidate multiple
agreements while not experiencing any difference in service from our vendors. We recommend any institution interested in savings have
the “study” performed and consider utilizing this cost reduction program”. - Finance Executive, Community Bank with $900B in assets
and 23 branches -
SERVING FINANCIAL INSTITUTIONS NATIONWIDE