FARMINGTON HILLS, Mich.– A new white paper has been released that its authors say is designed to help credit unions uncover and correct inefficiencies, streamline operations and maximize returns on their technology investments.
Published by the CUSO MDT, the white paper, Your Core is Just the Beginning: Unlocking the Next Level of Efficiency, introduces a cross-functional consulting model built around three interconnected disciplines: Efficiency Consulting, Project Management Consulting and Core Consulting, according to the company.
Together, MDT said, “these areas form a cohesive framework aimed at bringing greater consistency, clarity and impact to the consulting experience for credit unions.”
‘Strategic Imperative’
“In today’s ultra-competitive, fast-moving financial landscape, efficiency isn’t just a cost-cutting measure – it’s a strategic imperative,” Tracie Loudermilk, VP of Project & Consulting Solutions at MDT, said in a statement. “At MDT, we are helping credit unions take a more holistic, long-term approach to efficiency. Our integrated consulting model, outlined in our latest whitepaper, is designed to meet credit unions where they are and guide them toward sustainable, scalable operational improvements.”
The company noted in releasing the white paper that according to Jack Henry’s seventh annual Strategy Benchmark, efficiency has emerged as the top strategic priority for credit union CEOs, with 41% naming it as a primary focus for the year ahead.
What White Paper Examines
MDT said the white paper examines:
- The common challenges credit unions face today: “These aren’t just internal hurdles – these issues directly impact the member experience.”
- High-impact areas where credit unions can achieve early wins: “In many cases, the most impactful improvements don’t come from new technology but from using existing tools more effectively.”
- The power of integrated consulting: “Efficiency Consulting, Project Management Consulting and Core Consulting – each of these offerings can stand alone, but their real strength is in combination.”
- Foundational frameworks are more than project checklists or reporting tools: “How credit unions can strategically unify their organizations.”
