Manage loan covenant compliance using Financial Tracker™
Managing loan covenant ratio compliance has never been easier using Financial Tracker™. All financial and non-financial ratios can be setup and tracked every month throughout the year. All ratios are auto-calculated specific to the period required by your covenant. For example, ratio’s can be calculated to measure quarterly debt service ratio compliance, rolling 12 months compliance or annual year-end compliance. Covenants that are based on financial results which are based on general ledger amounts are 100% automated. Covenants based on non-financial data or data not captured by general ledger are auto-calculated based on custom data uploads.