Vendor Management Includes Vendor Selection: How to Shop for the Right Vendor
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Millions of risks. Multiple solutions.
One trusted source.
“I’ve gotten back weeks of productivity that I can use in other areas within our business. It’s a big timesaver. The cool thing about it is what work I do in there actually transfers through all the other modules we own and use.”
“We already had strong risk management in place. We didn’t need a system to teach us that. We needed a system that could work with our existing approach. For us, it was all about automation and customization.”
“When you pick a partner yes, there’s software and what it brings to the table, but also what resources do they have as far as knowledge as far as subject matter experts and professional services that you can leverage to strengthen your team and your position and do so in a way that lets you run as lean as you need to for your organization.”
“My advice for financial institutions thinking about Ncontracts is to go ahead and do it. It’s one of the best softwares that we have used, and it’s all encompassing. It gets all departments together on one system.”
Ncommunity
Case Study
First Financial Bank
Nrisk
Case Study
Montecito Bank & Trust
Nvendor
Case Study
$800+ Million Credit Union
Nvendor
Case Study
CBC Federal Credit Union
$16 Billion Bank Relieves the Burden of CRA Data Analytics with Ncommunity
- Heather Montgomery, First Financial bank Community Development Analyst
Learn how Ncontracts helps First Financial:
- Configure risk assessments
- Optimize the risk appetite/risk mitigation practices
- Reduce internal costs and time through collaboration
- Manage the vendor lifecycle
Efficient, Customizable Risk Management
- James Jefferson, Chief Risk Officer, Montecito Bank & Trust
Learn how Ncontracts helps Montecito Bank:
- Hold fewer meetings
- See risk in real time
- Ease exam prep
- Minimize headcount
- Simplify reporting
Showing Examiners the Work
Nvendor Is This Internal Audit Director’s Scalable Secret Weapon for Vendor Management
"This is the fifth financial institution I’ve used Nvendor at since 2010…Nvendor is seamless, customizable, and scalable. If I’m going to build a vendor management program, this is what I need. quot;
- Internal Audit Director, $800+ Million Credit Union
Learn how Ncontracts helps this credit union:
- Increase vendor visibility
- Improve reporting
- Save thousands by eliminating unwanted autorenewals
- Prevent a repeat regulatory writeup
- Decrease management workload
Showing Examiners the Work
"Being able to create all the reporting with the same data across the different modules within the Ncontracts suite makes the whole experience so much easier for me to administer and present to the board and executive leadership team."
- Tim Rademaker, VP of Enterprise Risk Management
Learn how Ncontracts helps CBC:
- Spend dramatically less time on reporting
- Reduce full-time headcount
- Cut down on administrative tasks
- Improve business case analysis
- Create risk management culture