The system is characterized by the ability of following letters of guarantee issued or received from other parties.
The ability to classify letters of guarantee by type (initial, final, advanced payment).
Automatic integration with all Ascon SCAI systems, especially general accounts and banks, including automatic transfer of processing entries such as issuance costs, renewals, bank commissions, and reserved insurance.
Linking with relevant data such as the bank, project owner, and supplier, including setting the type, validity period, commission, and insurance values.
The system allows tracking and recording all guarantee operations including issuance, extension, renewal, and liquidation.
The ability to track expiry dates of guarantees using multiple methods depending on the guarantee type or bank.
The ability to monitor guarantee facility limits by type (limit – used – available).
The ability to alert users before guarantee expiration to allow management time for renewal or action.
VAT system integration.
Includes a wide range of reports that support managers and decision-makers.
The ability to export all reports in PDF format or Excel.
Web-enabled access—whether through the internal network or the Internet.
