Ascon SCAI grantee letter tracking system advantages.
The system is characterized by the ability of following letters of guarantee issued or received from other parties.
The system is characterized by the ability of classifying the letters of guarantee by type (initial, final, advanced payment).
The automatic connection of the system with all Ascon SCAI systems, especially the system of the general accounts and banks and the transfer of process restrictions automatically (issuance costs and renewal and the bank’s commission and insurance is reserved).
Linking the system with the necessary data such as bank, project owner, and the supplier, specifying the type of guarantee and the period of validity with the specified commissions and insurance reserved.
The system is characterized by the ability of tracking and recording all letters of guarantee operations from issuance – extension – renewal – liquidation.
The system is characterized by the ability of tracking the expiry dates of the grantees by more than way according to the type of guarantee or to the bank.
The system is characterized by the ability of monitoring the limits of facilities for guarantees according to their types (limit – user – available).
The system is characterized by the ability to give alerts to users with the expiration dates of guarantees before ahead to allow the management the opportunity to take the necessary actions extension or renewal etc.
The system is linked to the VAT system.
The system is characterized by a large number of reports that serve the needs of managers and decision-makers in the institution.
The system is characterized by the possibility of extracting all reports in PDF format and exporting all reports on the excel.
The system is characterized by the possibility of working through the internal network or access through the Internet as the system is web-enabled.
