Learn about actual and potential costs
How much should I pay for ATM Network Services?
What is the average price of ATM Network Services?
This procurement report includes pricing information to help you purchase ATM Network Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of ATM Network Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase ATM Network Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing ATM Network Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for ATM Network Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
The market for ATM network services exhibits a high degree of concentration, wherein the top four vendors account for more than 50.0% of total market revenue. High concentration stems from a substantial number of mergers and acquisitions among suppliers. Vendors have been encouraged to consolidate because of network externalities, which... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Experience and Expertise
How long have you provided these products to your longest-tenured client?
What qualifications does your staff have and what measures do you take to keep those qualifications up to date?
What industry do you most commonly supply this product for?
To what extent will ordering multiple products from your firm allow me to save on costs?
What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?
Supply Chain Risk
Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?
Has the availability of raw materials tightened due to the coronavirus outbreak?
Over the past three years, what percentage of your revenue has been dedicated to labor?
How have fluctuations in input prices affected the prices of your products during the past three years?
How do you mitigate sudden price increases in raw materials?
When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?
How, if at all, has your supply chain been affected by import tariffs levied in 2018?
How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?
How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?
What ongoing training procedures do you provide for your staff?
Have you ever been found to be noncompliant with regulatory frameworks?
Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
To what extent can you accommodate changes in my number of cardholders?
What is the process for adding cardholders or ATMs into the network?
What is the maximum number of cardholders your network can currently accommodate? How does that compare to the number of cardholders across all financial institutions currently in the network?
How have you handled scaling clients' systems as they grow? Have you ever had any difficulties during this process?
To what extent has the CARES Act and other COVID relief benefited your organization? How have these measures ultimately affected your clients?
Amidst widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees?
Do you offer clients any flexible exceptions, such as contract suspensions?
Are you experiencing fluctuations in demand as a result of the coronavirus pandemic? What measures are you taking to handle increased or reduced demand?
What controls do you have in place to maintain the functionality of your network?
How often do you perform stress tests on your network?
What are the key technical factors that may limit your ability to ensure the continuity of services?
How frequently have services been interrupted during the past three years? How long did these interruptions last?
How will you notify me in the event of a service interruption?
How do your rates for services, especially switch fees, compare to your competitors?
What additional fees are clients responsible for beyond an annual membership?
What discounts do you extend to repeat clients?
How does the price of services vary with the number of cardholders I have?
Size & Distribution of Network
How many ATMs are in your network currently?
Where are the ATMs in your network located?
How has your network grown during the past five years?
What plans do you have to expand your network during the next five years?
Scope of Services
Do you assist with marketing the network to my cardholders? If so, what methods do you employ?
What online tools or applications do you have to help my cardholders locate ATMs in your network?
What service monitoring reports are available?
What other services do you offer? Can these be bundled with ATM network services for any discounts?
Do you have case studies or client testimonials detailing the services performed? Can I speak to or visit a current client about their experiences?
Are you a member of any relevant associations? If so, what are they? What support do you get from them?
What advantages do your experience and knowledge give you in the marketplace?
What proprietary inputs or processes do you use that differentiate you from competitors?
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Key elements for every RFP
What should my RFP include?
Buyers should disclose the overall budget for the project, if relevant.
Buyers should state their preferred pricing model and terms of payment.
Buyers should evaluate vendors' ability to meet their service requirements.
Buyers should evaluate vendors based on their projected costs.
Buyers should evaluate references from vendors' clients.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date when proposals are due and any other relevant dates (e.g. interviews) prior to the contract award.
Buyers should include the date when services will begin.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The supply chain risk for ATM network services is low. Vendors source goods and services from a number of upstream suppliers, including database, storage and backup software publishers, computer manufacturers, copier and office equipment wholesalers, information technology (IT) consulting firms and commercial real estate lessors. The industries for these inputs... Subscribe to learn more.
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