Collateral and Security Management
Organizations often lack a good, clear driving mechanism and a concrete structure of responsibilities. The many forms and structures of the securities you may have to provide – such as bank guarantees and company warranties and indemnities – could result in undesirable risks in the absence of a good communication system and central control and management. These could lead to high costs, an unnecessary drain on capital and subsequent adverse effects for your working capital. Transparent reporting is of great importance to maintain good visibility of and control over these risks. ProSense has both the expertise and experience to be able to set up a complete module for your organization.