SmartBank decides on Network Contract Solutions for Vendor and Contract Management

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SmartBank determined that the paralegal services and robust software platform made Ncontracts a clear choice.

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“The paralegal services really differentiated Ncontracts, because it creates a turnkey solution that our bank will utilize to make compliance more efficient and provide opportunities for savings."

SmartBank of Tennessee, with offices in Pigeon Forge, Sevierville, Knoxville, and Gatlinburg has decided on Ncontracts® for their vendor and contract management solution.

As the regulatory burden for all financial institutions continues to increase, the search for services to meet the regulatory burden, provide insight to make financial institutions more secure, and provide an opportunity for savings becomes a greater priority. “The paralegal services really differentiated Ncontracts, because it creates a turnkey solution that our bank will utilize to make compliance more efficient and provide opportunities for savings. In particular, the robust reporting tools were very impressive,” said Heather Morgan, Executive Vice President and Chief Financial Officer at SmartBank.

“We are very pleased to be working with SmartBank. Given their management team’s expertise and experience, it further validates our unique model that includes comprehensive implementation services that quickly deliver results through our web based software, Ncontracts FI®,” said Michael Berman, CEO of Network Contract Solutions.
Ncontracts FI provides a complete suite of tools for compliance with FFIEC guidance and FDIC regulations, which includes sample letters, risk rating tools, policies, and questionnaires. These comprehensive risk management tools strengthen a bank’s compliance program and provide financial institutions with information about their contracts that enable them to reduce their expenses.

About SmartBank.
SmartBank offers a unique balance of exceptional products and a service-focused environment that is not seen at other banks. Our vision is to build exceptional value for our brand and for our clients, communities, associates, and shareholders by delivering more than they think possible. We build exceptional value for our clients by demonstrating incomparable care for their needs and increasing their financial wealth. We build exceptional value in our communities by providing lasting solutions to their problems and protecting their greatest assets. For more information, visit http://www.smartbank.net.

About Network Contract Solutions.
Ncontracts® combines full service implementation services with a professional contract management application that provides clients with the ability to have insightful summaries of their contracts, alert notifications, and robust compliance tools. Together, these features allow clients to reduce expenses, enhance profitability, and improve internal efficiencies by effectively managing their contracts. Ncontracts® is the ONLY solution to feature a two-tiered paralegal document review and implementation for maximum integrity and data accuracy. For more information, visit http://www.ncontracts.com.

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