Streamline the entire lifecycle of Letters of Guarantee. From creation to amendments, Bankors automates calculations, ensures compliance, and posts journal entries directly to Oracle Fusion — giving your finance team complete control and transparency.
Issue, renew, claim, and close — all from one platform with full Oracle Fusion integration.
Create LGs across all your banks from a single screen with pre-filled templates.
Automated renewal alerts and workflows — never miss an expiry.
Track claims, beneficiary communication, and margin releases end-to-end.
Release margins and post journal entries directly to Oracle Fusion GL.
Set up new Letters of Guarantee with applicant, beneficiary, and contract references in minutes.
Extend validity dates, adjust amounts, or change beneficiaries — all tracked with a full change history.
Automatic computation of VAT, bank charges, and margins ensures accuracy in every transaction.
Journal entries are generated and posted to Oracle Fusion General Ledger automatically.
Monitor every LG from issuance to expiry with live dashboards and notifications.
Every action is logged with time-stamped records for compliance and transparency.
Validate LG details and accounting entries before submission for error-free operations.
Link LGs with projects, vendors, and banks for a 360° financial view.
Easily share LG updates across your finance and management teams.
Leverage change history and audit logs for informed performance and compliance reviews.
Consistent records eliminate blind spots and strengthen oversight.
Central registry of beneficiaries and contract references.
Issue LGs across all your connected banks from one screen.
Automated reminders and renewal queues — never miss a date.
Structured workflow from claim receipt to settlement.
Automated margin release with GL posting.
Central repository for all LG-related documents.
Direct Oracle Fusion integration and live bank connectivity — all from one platform.
Book a 30-minute demo and see how Bankors automates your Letter of Guarantee lifecycle end-to-end.
Calendar links will be configured soon.
Ready to streamline your LG management? Get in touch to see how Bankors can help.
