Ncontracts Exam & Findings Management Software is a cloud-based solution designed to help financial institutions manage regulatory examinations, audit findings, and related remediation activities. The system centralizes exam documentation, tracks findings from multiple sources, and supports corrective action planning and monitoring. It provides structured workflows and reporting tools to help institutions demonstrate accountability and maintain regulatory readiness.

Key Features

Regulatory Exam Management Centralized coordination of regulatory examinations.

• Tracking of exam requests and documentation
• Assignment of response responsibilities
• Storage of regulator communications

Findings Tracking Consolidated management of findings from exams and audits.

• Logging of issues and observations
• Categorization by risk or severity
• Source identification (regulator, internal audit, external audit)

Corrective Action Management Structured remediation and follow-up.

• Action plan creation and assignment
• Target date tracking
• Status updates and documentation

Workflow and Accountability Defined ownership of remediation activities.

• Task assignment
• Escalation tracking
• Automated reminders

Reporting and Dashboards Visibility into open and closed findings.

• Management-level summaries
• Board reporting support
• Trend analysis across findings

Audit Trail and Documentation Comprehensive recordkeeping for examinations.

• Historical tracking of actions
• Documentation repository
• Evidence retention

Benefits

Improved Regulatory Readiness Supports preparation for regulatory reviews and audits.

• Organized exam documentation
• Clear remediation records

Centralized Findings Oversight Provides a single source of truth for issues.

• Consolidated tracking
• Reduced reliance on spreadsheets

Enhanced Accountability Assigns ownership and deadlines for corrective actions.

• Transparent status tracking
• Escalation controls

Reduced Compliance Risk Helps ensure findings are addressed in a timely manner.

• Monitoring of overdue actions
• Structured remediation processes

Management Visibility Enables leadership oversight of exam outcomes.

• Dashboards and reporting
• Trend identification