Over 10 years we helping companies reach their financial and branding goals. Onum is a values-driven SEO agency dedicated.

LATEST NEWS
CONTACTS
Twitter Facebook-f Pinterest Instagram

Bank Guarantee Management

Bank Guarantee Management

Bank Guarantee Management Solution (BGMS) allows a corporate to have a consolidated central view of all BGs received irrespective of where the original BGs are housed or the channel through which they were received ie physical, via SWIFT or via NeSL.

BGMS enables digitization and tracking of not only new BGs received but also those already held.  All data is secured using state of the art encryption with an option to host it on a dedicated cloud. Customisable dashboards and periodic alerts ensure tracking of BG expiry dates and automation of the claims process.

Bank Guarantee Management Benefits

Transparency
Transparency
Automate the process of tracking and managing Bank Guarantees (BG) to provides real-time visibility of status of all BGs with advanced dashboards facilitating a consolidated view.
01
Precision & Reliability
Precision & Reliability
Reduce the risks of human error by eliminating manual data entry thereby ensuring consistency, easy retrieval & tracking of data.
02
Risk Management
Risk Management
Automate alerts and notifications to flag potential issues for security and timely intervention.
03
Efficiency
Efficiency
Automate repetitive tasks to aid employee focus on more strategic and value-added activities. Save significant time and effort, ultimately reducing costs.
04
Compliance
Compliance
Solution reporting ensures that BG reports and formats are delivered on time and in the correct format, creating audit trails making it easier to maintain compliance with industry regulations and internal policies.
05
Defined Workflows
Defined Workflows
Ensure clear definitions of roles and responsibilities for all parties involved inline with the organizational hierarchy.
06
Searchability
Searchability
Facilitate the secure storage of BG document images, coupled with intelligent Optical Character Recognition (OCR) for enhanced searchability.
07
Claim Management
Claim Management
Solution aids the BG claim management processes efficiently.
08
Twitter