System Selection Services




Selecting Core, Digital Banking, and Key Ancillary Systems May Be the Most Important Decisions of Your Career

The final choices can impact your organization for years to come and can be a career maker or breaker. You need more than boilerplate checklists and canned yes and no answers to confidently make an informed decision for a new system.

It Can Be Overwhelming

Any executive who has been through the process of comparing and selecting a new core, digital banking, debit/credit card processing, or any major software solution knows the process is exhausting. There are so many important issues to consider -- how do you know you're making the right choice for your institution? Have you identified all the potential gaps and risks? Are you sure you've cut through vendor biases? Do you have the facts you need to objectively evaluate the options?

Now There's a Safer, Better Way

Next Step's process does not involve boilerplate checklists and do it yourself kits. We take a much more comprehensive approach. Why? Because you don't just need to know if a system does or doesn't do something. You need to know how the system does it. Armed with this information, your organization will understand which solution is tailored for how you want to do business.

We Demand More From the Process

More details about what you really need from the new system so we can fully educate the vendors. More facts about how the solutions will help you achieve your business objectives. More specifics about how each system will meet your unique operational requirements. More interaction with the vendor's experts and executive management. More background about vendor strengths, weaknesses, and service history. More disclosure to shake out surprises that could impact your conversion and customers/members. We make sure you know "how" your needs will be met, not just "if" the vendor has the capabilities.

Comprehensive, Customized and Objective 

Through our Total Vendor Evaluation Process, Next Step provides banks and credit unions with a comprehensive comparison and selection service that's customized for every client, including RFP development, vendor invitations, content of system demonstrations, reference reviews, functionality gap analysis, and conversion planning. With the foundation for the future success of your institution riding on selecting the right system and the right vendor, you can't afford to take any shortcuts. Next Step can help ensure you find the highest performing solution that meets the specific needs of your institution. You can also rest assured that Next Step has absolutely no affiliations with any vendor organizations - just mutual respect. We are your advocate.


We serve as your Project & Risk Manager throughout every step of the selection process

Hands-On and Very Involved

Next Step serves as much more than just an advisor or outsider who knows the vendors and collects information databases. We take a very involved approach, enabling us to understand your organization at the deepest level. Next Step serves as your Project and Risk Manager working on a day to day basis with your Evaluation Team and the vendors. We are active participants in every single step - including every needs assessment meeting, every system demonstration, every specification gathering session, every third-party product review, every reference visit, every contract negotiation session - everything.

Our Approach to the Process Makes a World of Difference

Next Step’s unique conversion perspective, based on our staff’s collective experience with 300+ system conversions, has enabled us to develop a selection process that is clearly better. The way we develop your RFP, the way system demonstrations are conducted, the way functionality differences are identified, references are checked, conversion surprises are uncovered, third-party requirements are solved, vendor contracts are negotiated, etc. - all done with a real-life (non-theoretical) conversion perspective. Just like with the systems, you don’t just need to know if a consulting firm does or doesn’t do something. You need to know how the consulting firm does it. We look forward to walking through the process with you, step by step. We are positive you will agree to the numerous advantages.

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