Archer Audit Engagements & Workpapers vs Ncontracts

Archer Audit Engagements & Workpapers tracks the audit universe, engagements, workpaper documentation, testing, and results. It provides review and approval workflows for engagement and workpaper records, plus a centralized Audit Program Library and workpaper repository. Audit report and planning memo templates support documentation, while teams can manage findings and remediation plans with comment review. The product supports offline audit engagements and shares data with Archer risk and compliance functions, using existing risk and control data to help scope audits. Archer describes its broader Audit Management offering as combining audit planning, engagements, workpapers, and issues in one system. Archer Issues Management is a prerequisite for this product. It is positioned for enterprise audit teams, including heads of internal audit. Archer says its SaaS runs on AWS and has a 99.5% composite SLA; listed SaaS certifications include ISO 27001, ISO 27017, and ISO 27701, with encryption at rest and in transit. SaaS environments are commonly multi-tenant, while dedicated database infrastructure and single-tenant environments are available at additional cost. Pricing is on request.

Ncontracts combines software, regulatory content, professional expertise, and managed services for financial organizations working across risk and compliance. Its product areas include risk, compliance, vendor management, findings, audits, business continuity, lending compliance, and employee information security. Nrisk supports risk assessments, real-time analysis, expert model content, and risk evaluation modeling. Ncomply automates regulatory research, tracking, and reporting. Nvendor supports vendor due diligence, ongoing monitoring, lifecycle and contract management, and risk assessments. Contract Ntelligence uses AI to search contracts, extract key information, summarize terms, and score risk. Ncontinuity helps institutions build, test, and launch continuity plans; Ncyber assesses cybersecurity controls using a NIST-aligned Cyber Risk Institute framework. Complaint Ntelligence connects complaint data and core banking systems through APIs and is embedded in Ncomply. The cloud-deployed service offers API access, quantitative analysis, workflow automation, and board-ready risk reporting. The Trust Center lists SOC 2 Type II and SOC 3, and describes annual third-party audits and penetration testing. Pricing is not public; prospective customers are directed to request a demo.