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NACUSO Marketplace Provider

Organization Name: CUSPEND
NACUSO Membership: Standard
Year Formed: 2023
Description of Your Services: Introducing a tailored Fortune 100 Spend Management solution, customized by credit unions for credit unions, to precisely address the unique needs of the CU industry.

Our software includes two standout features aimed at transforming your spend.

Firstly, it empowers users to reduce spend by up to 20% through personal accountability, operational clarity, budget adherence, identification of inefficiencies, approval processes, elimination of unauthorized spending, data-driven decision making, resource optimization, risk mitigation and a substantial cultural shift towards cost-consciousness.

Secondly, it facilitates ongoing price reductions on your procurement needs. Better pricing is accomplished through auto-bidding, contract negotiation, group purchasing, price benchmarking, supplier performance evaluation, dynamic pricing analysis, volume discounts, supplier collaboration, demand forecasting, price comparison engines, and compliance-driven sourcing.
Services You Provide:
Cost Control Solution:Cost Control for Credit Unions
Why should a credit union use your services?:

Reason 1: Reduce Spend by 20%

Reason 2: Reduce Prices on the Rest
Are You a CUSO?: No
Are there investment opportunities for credit unions?: Yes
Describe Your Business Model:Other (please describe)
Business Model Other: Software as a Service pay as you go.
Are you currently seeking additional users/customers?: Yes
Do you offer discounts or other benefits for NACUSO Members?: Yes
Contact Information:Bob WillinghamDirector7940 Front Beach Rd Ste 126B
Panama City Beach FL 32407
Additional Information:

Key Tools

  • Auto-Allocation
  • Analytics and Reporting
  • Competitive Negotiation
  • Compliance and Risk Management
  • Contract Management
  • Dashboard
  • Enhanced Security (Remote + Local Users)
  • Integration and Compatibility
  • Intuitive User Experience
  • Inventory Management
  • Invoice Reconciliation
  • Message Center
  • Projects
  • Purchase Orders
  • Receiving
  • Requisitions
  • Smart Bid System
  • Smart Catalog
  • Supplier Management
  • Supplies Fulfillment
  • Task Notification + Auto-Reminders
  • Warranty Tracking
Customer Name:Paul Parrish, One Nevada Credit Union
Customer Title:CEO
Year Customer First Used Your Services:2009
Is Customer An Owner:No
Review Text:They are a provider of custom, web based procurement services, which streamlines all the CU’s purchasing functions. Parrish calls them “one of the industry’s best-kept secrets” for providing efficiency in the operational trenches.

ONCU was instrumental in developing the CUSPEND product.

Customer Name:Guy Messick, NACUSO Business Services
Customer Title:CEO
Year Customer First Used Your Services:2009
Is Customer An Owner:No
Review Text:Economic recession makes your service especially valuable.

Mr.Messick was instrumental in encouraging development of the credit union tailored solution.

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