Ncontracts Features
Audit Management (5)
Audit Types
Define different types of audits such as regular, ad-hoc, or industry-specific. 18 reviewers of Ncontracts have provided feedback on this feature.
Validation Rules
Provide rules that can be used to validate audits based on predefined criteria. This feature was mentioned in 18 Ncontracts reviews.
Templates & Forms
Provide out of the box audit templates and forms for various processes and industries. 19 reviewers of Ncontracts have provided feedback on this feature.
Checklists
Auditors can use checklists for multiple processes, both online and offline. This feature was mentioned in 19 Ncontracts reviews.
Audit Trail
Based on 19 Ncontracts reviews. Displays all the changes made during audits, including details such as username, timestamp, or type of change.
Regulatory Change Management (6)
Content Library
Create and maintain a library of regulatory content for compliance purposes. This feature was mentioned in 21 Ncontracts reviews.
Updates
As reported in 20 Ncontracts reviews. Ability to maintain regulatory content and documents up to date.
Learning
Include educational content to update employees and managers on regulatory changes. 20 reviewers of Ncontracts have provided feedback on this feature.
Action Plans
Define and implement corrective and preventive action plans for regulatory change. This feature was mentioned in 17 Ncontracts reviews.
Tests
Include models and tools to perform internal tests that simulate regulatory controls. 17 reviewers of Ncontracts have provided feedback on this feature.
Impact Analysis
As reported in 17 Ncontracts reviews. Estimate the impact of regulatory changes on the operations of the company.
Risk Management (4)
Risk Identification
As reported in 17 Ncontracts reviews. Identify various risk factors such as the inadequate use of technology, human factor, or external risks.
Risk Classification
As reported in 17 Ncontracts reviews. Ability to classify risks based on risk type, severity, and custom criteria.
Risk Methodology
Based on 15 Ncontracts reviews. Support for various methodologies and frameworks for risk management.
Goals Monitoring
As reported in 15 Ncontracts reviews. Monitor risk management performance against goals and objectives.
Third Party & Supplier Risk Management (4)
Supplier Scoring
Users can assign scores to suppliers based on the estimated risk of doing business with them. This feature was mentioned in 15 Ncontracts reviews.
Contract Review
As reported in 14 Ncontracts reviews. Review vendor contracts and profiles to ensure compliance with regulation and internal policies.
Vendor Performance
Based on 14 Ncontracts reviews. Track vendor performance using supplier data such as a history of transactions and contracts.
Supplier KPIs
Track vendor risk KPIs such as the time it takes vendors to respond to security incidents. 14 reviewers of Ncontracts have provided feedback on this feature.
Business Continuity Management (3)
Recovery Plans
Ability to create and compare recovery plans using standard out of the box templates. This feature was mentioned in 14 Ncontracts reviews.
Procedure Templates
Includes a library of procedures and standard plan templates. This feature was mentioned in 14 Ncontracts reviews.
Crisis Management
Procedures to implement crisis management plans and actions. 12 reviewers of Ncontracts have provided feedback on this feature.
Functionality (4)
Customized Vendor Pages
Allows vendors to own and update their vendor page with security and compliance documentation to share with customers
Centralized Vendor Catalog
Allows companies to assess vendors profiles in a centralized catalog
Questionnaire Templates
Based on 10 Ncontracts reviews. Offers standardized security and privacy framework questionnaire templates
User Access Control
Offers role based access controls to allow only permissioned users to utilize various parts of the software. This feature was mentioned in 10 Ncontracts reviews.
Risk assessment (4)
Risk Scoring
Offers built-in or automated vendor risk scoring This feature was mentioned in 10 Ncontracts reviews.
4th Party Assessments
Offers tools to assess fourth parties -- your vendor's vendors
Monitoring And Alerts
Based on 10 Ncontracts reviews. Monitors changes in risk and sends notifications, alerts, and reminders for specific actions including: upcoming assessments, profile access requests, etc
AI Monitoring
Uses AI to alert administrators to changes in risk scoring through continuous monitoring.
Platform (2)
Security & Privacy
Based on 18 Ncontracts reviews. Complies with security and privacy regulations and standards.
Flexibility
Facilitates software configuration without the need for technical experise. 20 reviewers of Ncontracts have provided feedback on this feature.
Services (4)
Implementation
As reported in 19 Ncontracts reviews. Assists customes through all the phases of the implementation process.
Training & Learning
Provides software users with training courses and learning content. This feature was mentioned in 18 Ncontracts reviews.
Customer Support
Based on 18 Ncontracts reviews. Delivers customer and technical support, directly or trough partners.
Professional Services
Based on 16 Ncontracts reviews. The vendor provides consulting services such as business process reengineering.
Planning (4)
Program Management
Based on 12 Ncontracts reviews. Allows users to create programs to deal with potential threats.
Resource Modelling
Dependency mapping of resources includes what-if scenarios.
Recovery Plans
As reported in 10 Ncontracts reviews. Ability to create and compare recovery plans using standard out of the box templates.
Templates
Includes a library of procedures and standard plan templates. This feature was mentioned in 13 Ncontracts reviews.
Execution (3)
Crisis Management
Procedures to implement crisis management plans and actions.
Emergency Notifications
As reported in 10 Ncontracts reviews. Notifications can be sent to anyone, not only the users of the solution.
Workflows
Workflows to assign tasks to users based on their role and the severity of the issue.
Analytics (3)
Business Impact Analysis
Based on 10 Ncontracts reviews. Identify the impact of threats on various departments or business entities.
Plan Reporting
Analyse plan characteristics such as completion time or performance.
Recovery KPIs
Provide information on recovery KPIs such as recovery time progress and recovery time actual.
Integration (3)
Integrated Risk Management
Based on 10 Ncontracts reviews. Integrates with Integrated Risk Management software.
Disaster Recovery
Integrates with Disaster Recovery software.
EMNS
Integrates with Emergency Mass Notification Systems.
Risk Assessment (2)
Scoring
Based on 14 Ncontracts reviews. Users can assign scores to suppliers based on the estimated risk of doing business with them.
AI
Utilize artificial intelligence to analyze third party risks.
Risk Control (3)
Reviews
Review vendor contracts and profiles to ensure compliance with regulation and internal policies. 12 reviewers of Ncontracts have provided feedback on this feature.
Policies
Manage and enforce internal policies related to vendor risk management and controls.
Workflows
As reported in 11 Ncontracts reviews. Provide workflows to mitigate risk and escalate issues proactively.
Monitoring (3)
Vendor Performance
Track vendor performance using supplier data such as a history of transactions and contracts. This feature was mentioned in 14 Ncontracts reviews.
Notifications
As reported in 13 Ncontracts reviews. Send alerts and notifications when corrective actions are needed to address supplier risk.
Oversight
Perform ongoing due diligence activities to auto calculate overall risk for each vendor. 14 reviewers of Ncontracts have provided feedback on this feature.
Reporting (3)
Templates
Based on 13 Ncontracts reviews. Include reporting templates for activities such as audits and vendor evaluation.
Centralized Data
Consolidate data from multiple systems that manage supplier information. This feature was mentioned in 13 Ncontracts reviews.
360 View
Provide a 360 view of suppliers which can be shared with internal or external users. 11 reviewers of Ncontracts have provided feedback on this feature.
Generative AI (9)
AI Text Summarization
Condenses long documents or text into a brief summary. This feature was mentioned in 11 Ncontracts reviews.
AI Text Generation
Allows users to generate text based on a text prompt. This feature was mentioned in 11 Ncontracts reviews.
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
AI Tasks
Automates basic tasks and workflows utilizing AI.
Workflows - Audit Management (5)
Audit Trail
Displays all the changes made during audits, including details such as username, timestamp, or type of change in a centralized repository.
Recommendations
Coordinate and track recommended remediation actions.
Collaboration Tools
Facilitates collaboration between teams and stakeholders through shared workspaces.
Integrations
Integrates with risk management platforms, GRC tools, and other systems.
Planning & Scheduling
Facilitates the creation of audit plans, schedules, and reminders.
Documentation - Audit Management (2)
Templates & Forms
Provide out of the box audit templates and forms for various processes and industries.
Checklists
Provides checklists
Reporting & Analytics - Audit Management (3)
Dashboard
Dashboard provides real time or near real time updates and notifications in a centralized location.
Audit Performance
Provide information on the performance of the audit activities and processes.
Industry Compliance
Ensures audits are compliant with industry-specific regulations and standards.
Onboarding - Contractor Risk Management (2)
Workflow Managment
Offer automated tools for contractor onboarding
Compliance Verification
Provides tools for compliance verification
Document Management - Contractor Risk Management (2)
Analysis
Enables users to analize documents for audit purposes
Repository
Provides visibility into invoices and optimizes information retrieval
Risk Management - Contractor Risk Management (2)
Performance Monitoring
Assess and monitors contractor performance
Risk Reporting
Monitors performance and safety records
Generative AI - Vendor Security and Privacy Assessment (2)
Text Summarization
Utilizes AI to summarize security questionnaires.
Text Generation
Automate text responses to common security assessment questions.
Operational Risk Management (3)
Operational Risk Methodology
Support various methodologies and frameworks for operational risk management such as ISO 31000 and COSO.
Operational Risk Classification
Ability to classify risks based on risk type, severity, and custom criteria.
Operational Risk Identification
Identify various risk factors such as the inadequate use of technology, human factor, or external risks.
Business Resilience (2)
Business Continuity
Support business continuity plans through integrations with business continuity software, incident response, or controls planning
Compliance Management
Reduce risk of legal liability through regulations and standards compliance.
Agentic AI - Regulatory Change Management (5)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Multi-step Planning
Ability to break down and plan multi-step processes
Cross-system Integration
Works across multiple software systems or databases
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - Third Party & Supplier Risk Management (2)
Adaptive Learning
Improves performance based on feedback and experience
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Business Continuity Management (2)
Multi-step Planning
Ability to break down and plan multi-step processes
Adaptive Learning
Improves performance based on feedback and experience
Agentic AI - Operational Risk Management (1)
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Generative AI- Business Continuity Management (2)
Automated Plan Generation
Creates or updates business continuity plans by transforming organizational inputs and templates into detailed, customized documents that align with industry standards and regulatory requirements.
AI-Generated Post-Incident Reports and Summaries
Compiles available data into clear summaries and analytical reports that outline what happened, the impact, response actions, and lessons learned after an incident or test.
Agentic AI - Vendor Management (1)
Decision Making
Makes informed choices based on available data and objectives





