Saving Money through Vendor Contract Management and Compliance.
Brentwood, TN (Vocus) October 20, 2010
Network Contract Solutions, the leading contract management solutions provider, today announced that CEO Michael Berman will be attending and speaking at the North Carolina Bankers Association Management Team Conference. On October 24th, Berman will lead a breakout session for attendees entitled “Saving Money through Vendor Contract Management and Compliance.”
“I am honored to be invited to speak at this prestigious conference,” said Berman. “This is an opportunity for me to share with attendees our knowledge and expertise in the area of vendor risk management. My goal is to empower bankers and their associates by providing information on federal regulations, new risk assessment technology and best practices for vendor contract management.”
Vendor risk management continues to be a hot button topic for federal regulators. Mr. Berman will provide specific information on the FFIEC requirements for managing third party vendors, selecting vendors for risk assessments, how new technology like cloud computing, social media and mobile banking affects risk assessments, and recommendations on the best practices for vendor contract management.
“This breakout session will give attendees the tools that will allow them to save thousands in non-personnel operating expenses, administrative expenses, as well as reduce board of director and senior management liability,” said Mr. Berman. “Anyone who works with vendor contract management does not want to miss this.”
About Network Contract Solutions
Network Contract Solutions of Brentwood, Tennessee provides business solutions that combine software and services. Its flagship product, Ncontracts® is a highly secure, web-based contract management solution that provides useful summaries, alert notifications, and custom reports. Far more than software, Ncontracts® features a thorough implementation process in which each business’ agreements are summarized and categorized by a two-tier paralegal review team to ensure the highest data integrity and system accuracy. For more information, visit http://www.ncontracts.com.