MUSKEGO, Wis. Corporate Central CU said it has signed with Ncontracts to offer the company’s vendor management services to its credit union members to manage third-party risk in a way that is tailored to each relationship.
This service includes contract management and will help credit unions control cost, stay informed of approaching renewals and meet NCUA regulations, the corporate said.
“Ncontracts provides an all-encompassing software solution, coupled with consulting services and paralegal support, to streamline what is quickly becoming a very labor intensive process when performed in-house,” said Chris Felton, Corporate Central’s executive vice president. “This partnership brings a much needed service to credit unions faced with growing third party oversight requirements.”
Corporate Central will host a Webinar, presented by Ncontracts, that provides an overview of the benefits of Ncontracts’ vendor management services. The live, 30-minute Webinar will be offered twice to accommodate as many credit unions as possible: Thursday, July 18, at 12:30 p.m. CT and Wednesday, July 24, at 12:30 p.m. CT.
