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What is VendorRisk?

Recent announcements from the Consumer Financial Protection Bureau (CFPB) have urged mortgage servicers to refine their methods for monitoring and managing their vendors more effectively. Establishing a centralized database to streamline vendor-related information is crucial for this purpose. Nonprofit organizations rely on a diverse array of vendors to perform vital business operations and deliver essential services. The rise of critical challenges, including cybersecurity threats and procurement conflicts of interest, highlights the pressing need for enhanced vendor management practices in the nonprofit sector. By implementing stricter management protocols, nonprofits can not only protect their operations but also uphold their ethical standards. This improvement in vendor oversight will ultimately lead to increased trust and efficiency within the nonprofit community.

What is Ncontracts?

Ncontracts provides robust solutions for managing risk and ensuring compliance tailored for financial services organizations. Established in 2009 by a regulatory attorney with extensive banking industry experience, the company collaborates with more than 4,000 businesses nationwide to effectively oversee risk and compliance efforts. The comprehensive suite of Ncontracts solutions addresses every dimension of risk and compliance management, ranging from strategic planning to operational execution. Clients can select specific modules to meet their unique requirements or opt for an all-encompassing integrated system that enhances operational efficiencies throughout their organization, ultimately leading to improved decision-making and risk mitigation.

Media

Media

Integrations Supported

Integrations Supported

ADP Workforce Now
Active Directory
Microsoft Entra ID

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing varies by institution size and solution adoption.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Skeey Interactive

Date Founded

2000

Company Location

United States

Company Website

www.vendorrisk.com

Company Facts

Organization Name

Ncontracts

Date Founded

2009

Company Location

United States

Company Website

www.ncontracts.com

Categories and Features

Vendor Management

Contact Management
Customer Database
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

Compliance

Archiving & Retention
Audit Management
Compliance Tracking
Controls Testing
Incident Management
Risk Management
Surveys & Feedback
Version Control
Workflow / Process Automation

Contract Management

Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Pre-built Templates
Version Control
Workflow Management

Financial Risk Management

Compliance Management
Credit Risk Management
Operational Risk Management
Risk Analytics Benchmarks

Intranet

Activity / News Feed
Calendar Management
Content Management
Employee Directory
Knowledge Management
Policy Management
Search

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Operational Risk Management
Reputation Risk Management
Response Management
Risk Assessment

Vendor Management

Audit Management
Contact Management
Supplier Master Data
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

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