The Credit Union Big RFP Mistake

This podcast discusses a critical flaw in traditional Request for Proposal (RFP) processes. It highlights how RFPs, despite their thoroughness, often overlook innovative solutions because they are limited to pre-defined questions. This limitation can prevent organizations, such as credit unions, from discovering potentially transformative features that they haven't yet considered or asked about. There is a simple yet effective solution: allowing vendors to propose additional questions to be integrated into a revised RFP, ensuring a more comprehensive evaluation and preventing the RFP process from hindering innovation. This method helps organizations stay competitive by uncovering unforeseen advancements.