There are many policies and agreements that require compliance monitoring. Most obviously, the covenants you agreed on for your loans but also internal treasury and banking policies. How can you keep track of all these very relevant indicators? And how can you enforce those across all entities at aggregated levels as well as ensuring their timely monitoring?
Xploritas not only provides you with the framework you need to set up all your relevant indicators for loan agreements, treasury and banking policies granularly at entity and aggregation level, it also ensures that all stakeholders follow the company’s setup and monitor closely relevant indicators. At any given moment, you have complete insight into your relevant set of compliance indicators.
The application categorizes internal policies into six groups (financial, market, counterparty, liquidity, operational and legal), totaling over 30 indicators. Covenants are also categorized into six groups (global, liquidity, leverage, operating, investment and profitability indicators). This includes indicators such as debt-to-equity ratio, leverage ratio and inventory ratio. By having easy access by entity, bank or product, you gain powerful insights exactly when you need them, such as going back in time to gain an accurate snapshot of any critical historical moment you require. Leverage all this information to make sure you are fully informed and better prepared for discussions, both internally and with your financial institutions.
