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Ncontracts Reviews & Product Details

Ncontracts Overview

What is Ncontracts?

Ncontracts is a leading provider of SaaS-based risk management and compliance solutions for financial services companies. Our GRC solutions help more than 4,000 banks, credit unions, mortgage companies, fintechs, and trusts achieve their risk management and compliance goals with a powerful combination of user-friendly, cloud-based software and expert services.

Ncontracts Details
Languages Supported
English
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Product Description

The Ncontracts suite of GRC solutions covers vendor management, enterprise risk management, business continuity, compliance, audit and findings management, and cybersecurity. We provide seamless management of the complete lifecycle of risk and compliance, backed by dedicated support, unlimited training, and guaranteed accuracy.

How do you position yourself against your competitors?

Financial services companies are overwhelmed by change and the risk it brings – everything from regulatory change to new technologies and competitors – and those challenges are intensifying.

At Ncontracts, we alleviate that burden with software featuring built-in, constantly updated expert content that makes it possible to adapt to an ever-changing landscape while controlling costs, reducing risk, and creating the confidence to know that risk and compliance management are done right.


Seller Details
Year Founded
2009
HQ Location
Brentwood, TN
Twitter
@Ncontracts
1,815 Twitter followers
LinkedIn® Page
www.linkedin.com
330 employees on LinkedIn®
Description

Ncontracts is the leading provider of risk management and compliance solutions for financial services companies.


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Overview Provided by:

Recent Ncontracts Reviews

AB
Amanda b.Small-Business (50 or fewer emp.)
5.0 out of 5
"Easy to use, easy for clients to use."
It is simple easy, and user friendly. I
Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Great customer support"
It's easy to get into contact with Support and our customer relations manager is very responsive.
Doug Rich, N.
DN
Doug Rich, N.Mid-Market (51-1000 emp.)
5.0 out of 5
"In today's ever changing world of financial needs, Ncontracts really helps increase efficiency!"
Ncontracts has what you need from Vendor Management to self management! The systems they offer not only allow you to streamline what are normally ...
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Ncontracts Media

Ncontracts Demo - Nvendor (1/2)
Screenshot of Nvendor (#1 of #2)
Ncontracts Demo - Nvendor (2/2)
Screenshot of Nvendor (#2 of #2)
Ncontracts Demo - Nrisk
Screenshot of Nrisk
Ncontracts Demo - Ncomply
Screenshot of Ncomply
Ncontracts Demo - Ncontinuity
Screenshot of Ncontinuity
Ncontracts Demo - Nfindings
Screenshot of Nfindings
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Video Reviews

146 Ncontracts Reviews

4.7 out of 5
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146 Ncontracts Reviews
4.7 out of 5
146 Ncontracts Reviews
4.7 out of 5

Ncontracts Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for NcontractsQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
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Doug Rich, N.
DN
Third Party (Vendor) Management Coordinator
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

Ncontracts has what you need from Vendor Management to self management! The systems they offer not only allow you to streamline what are normally your time consuming and labor intensive processes but, they also help organize and time manage your day. The systems are easy to implement, integrate with most other platforms, and becomes a part of your daily routine. The best feature of Ncontracts is the support! Live people that truly care about you and your ability to learn and grow in the system. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

This use to be a hard question to answer but, there is really nothing I dislike about Ncontracts. Is it the perfect system? No. Does it have hiccups? Yes. It is electronic and will have hiccups every now and then, like all others, but the difference is, chances are, you will hear about it from Ncontracts Support before you find the hiccup! There are minor things that may frustrate you here and there but, again, just reach out to Support and they get right on it! Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

Streamlining the Due Diligence process and increasing efficiency in the Third Party Vendor Management area. Review collected by and hosted on G2.com.

SH
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

What I like best about Ncontracts is that we have one system where we can track all of our findings, store the enterprise risk assessment and manage our vendors. It is easy to use and has helped us satisfy regulators regarding the monitoring implemented. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

Although there is good information regarding step by step processes to utilize the system, I would like to obtain additional guidance when settting the potential exposure of "Financial Exposure" risks. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

We started with vendor management and were able to have a centralized location for all agreements and contracts. Reminders are being sent to relationship managers informing them of the expiration of the agreement or contract, which many times is saving the bank money with the negotiation of some of the agreements and contracts. It has also helped with the reporting features of vendor management which are then presented to our audit committee and reviewed by examiners. Review collected by and hosted on G2.com.

SS
Mid-Market(51-1000 emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

I like the flow of the vendor management system. We use Nvendor now and plan to add Nrisk. The detail level and continuity that Nvendor provides our organization is excellent. This solution works for us because we can outsource critical vendor reviews and then do our own review of the documents and findings. Nvendor is a true time saver and comes in very handy at exam time. Our team likes the system becuase it adds consistency to our process. No more spreadsheet and individual ticker notes for tracking key dates. We have multiple admins that work as a team to complete document gathering and due diligence. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

At times, there is some repetitive actions such as clicking to navigate to the same field for another vendor. It would be nice to have additional shortcuts for navigation. Compared to other vendors, the online training is enough, but there could be more. I like other vendors onlibe live training events. Overall, we are happy with Ncontracts. Not much negative occuring in our relationship. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

Storing everything in one place. We may have copies of contracts and documentation elsewhere, but everything is in Nvendor. Review collected by and hosted on G2.com.

AD
Mid-Market(51-1000 emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

I like that NContracts offers a thorough report that breaks down our lending into units we can understand. If I have ever had to ask a question they were very prompt, detailed, and accurate with their response. Great customer service! Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

If i had to choose something I dislike it would be that the user interface can be a bit confusing at times. It can do everything you need it to do but it may not be clear how to "drill down" to the specific dimensions you need to look at. Overall not too bad though. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

NContracts is taking care of the fair lending analysis and report generation for our internal review and our external auditors. It is nice having a report that we can hand to management to explain why or what is going on. Review collected by and hosted on G2.com.

CC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

The platform is easy to configure while providing some degree of flexibility to allow us to adapt to changes or custom fields needed for reporting. The integration between modules is very good which prevents our team from re-keying redundant information. Their support and training is also far superior than most other technology providers. This supports makes the implementation much easier. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

Initial configuration, while not difficult, does take some time to enter all of the necessary information. While much of the informational fields are not required, they are needed if you truly want the full benefit of the product. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

Ncontracts solves the burden of tracking through reminders, dashboards and alerts. We can minimize staffing by allowing the system to handle the heavy lifting and details of BCP, Vendor Management, and Risk Management. Review collected by and hosted on G2.com.

LP
Mid-Market(51-1000 emp.)
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Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

I have only been using the software for a year and find it very user-friendly. We have invested in multiple of the packages offered and find them very benefical; especially Nvendor. I enjoy the colorful personalization and dashboard as I am in it often. It makes it seemless to maintain our vendors. If I ever have any questions or need assitance, the support team is always willing to help and very knowledgeble. I would recommend this product. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

I am still learning how to create reports from the system and wish it was more dynamic on the field selection for creating a report but if I need a report that I can't seem to create, the support team is always there to create for me! Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

Maintain our vendors contracts and due diligence requirements. Review collected by and hosted on G2.com.

JE
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

It's nice having everything in the same place. We have been using the lending products for a couple of years and just recently added Nrisk and Ncomply. As a compliance specialist it is nice to have one place to go for all the regs and their updates. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

I haven't really found anything with the product, my reporting doesn't align so I have to spend time aligning fields and information for submission, but that is more on our end. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

Streamlined processes, and having all reporting in the same formats and one location. We have been all over the place with our reviews and just in the short amount of time that we have been using the risk and compliance features and I can tell a difference. Review collected by and hosted on G2.com.

MK
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

Ncontracts is very easy to use and has plenty of features to help all sizes of institutions. We are on the smaller size and it works well, but it also has the "extras" that bigger organizations will need and can utilize. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

There's not very much at all that I dislike. There is one field on one of my reports that I would like to systematically pull (it's a due date field) on the report. Instead, I have to manually enter the due date, but everything else is perfect. It has high level reports that you can provide to executive management, and it has more granular reports for the departments. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

Tracking audit findings and making sure management is being reminded of upcoming deadlines for finding responses. It also is easy to assign different tasks to appropriate individuals for research and updates. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

NContracts has been a necessary resource for our bank to monitor for fair lending, CRA, report HMDA. Customer service is excellent! We use NContracts on a daily basis for tracking CRA services, investments and loans. Reporting HMDA data annually is simple. We've use the system for several years. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

What is least helpful is the chat feature. Many time an email works better for me than the chat option. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

Our initial monitoring for regulatory requirements was more of a hybrid manual process. With NContracts, we are able to upload our data, review and monitor from a regulatory perspective. We also meet with an expert 1-2 a year for secondary review. Review collected by and hosted on G2.com.

DW
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Ncontracts?

The interface is easy to use and customize. I can set up the display screen with all of the information I need without jumping hoops and loops. Review collected by and hosted on G2.com.

What do you dislike about Ncontracts?

The early access screen is a challenge to use. Review collected by and hosted on G2.com.

What problems is Ncontracts solving and how is that benefiting you?

The different types of reports I can run on what kind of information I need. The contract module let me set up a customized notification for me and the vendor owner. Review collected by and hosted on G2.com.