01Capability
Covenant Master Across Instruments
Centralizes every covenant from every instrument — term loans, revolving credit facilities, bonds, capital leases, mezzanine. Definitions, calculation methodology, and reporting cadence per instrument.
New
Covenant Agent
Tracks. Models. Alerts. Prepares
Tracks every covenant across every debt instrument — DSCR, leverage, interest coverage, restricted-payment basket. Models current and forecasted levels using live financials. Alerts on breach risk weeks before reporting period. Prepares lender-ready compliance certificates with full evidence trail.
By the numbers
Covenant Agent by the numbers.
Weeks
Early warning
100%
Instrument coverage
Lender-ready
Certificate
< 5 min
To activate
The use case
Know the breach quarter — weeks before the lender does.
Group treasury and FP&A run covenant calculations in a quarter-end Excel waterfall. The DSCR forecast lives in three tabs and breaks every time someone refreshes the source data. The team discovers a covenant breach at Day 25 of the close — the lender called by Day 30. Restricted-payment basket consumption is tracked nowhere. Lender certificate evidence sits across six systems and takes a week to assemble per quarter.
Covenant Agent centralizes every covenant from every instrument, computes ratios from live GL data, models a rolling 12-month forecast against the Cash Forecasting Agent baseline, alerts on breach risk weeks ahead, and drafts lender-ready certificates with full evidence trail. Finance moves from quarterly fire-drill to continuous monitoring. The CFO knows the breach quarter before the lender does — and has time to act.
For who
CFO
“Covenant breach at quarter-end. Discovered Day 25. Lender called.”
Group Treasurer
“DSCR forecast in Excel. Refresh takes 3 days each cycle.”
Group Controller
“Lender certificate evidence sits in 6 systems.”
Risk Manager
“Restricted-payment basket — nobody tracks consumption.”
Capabilities
What Covenant Agent actually does.
02Capability
Live Ratio Calculation From GL
Computes DSCR, leverage, interest coverage, fixed-charge coverage, and any custom ratio directly from live GL data. No manual extraction, no Excel waterfall, no quarter-end scramble.
03Capability
Forecast Modeling vs Cash Forecasting Agent
Pairs with the Cash Forecasting Agent to model covenant ratios on a rolling 12-month horizon. Shows the trajectory, identifies the breach quarter, quantifies the headroom.
04Capability
Breach-Risk Early Warning
Flags covenants trending toward breach weeks before the reporting period. Surfaces the underlying driver — EBITDA shortfall, debt build-up, cash burn — so finance can act, not react.
Continue exploring
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Approval Agent→
Learns your approval patterns and routes invoices to the right approver automatically, escalating exceptions in real time.
Audit Prep Agent→
Assembles the audit document request list (PBC), pulls evidence from every system, drafts walkthroughs, reconciles GL accounts to source, hands off to auditors with full traceability.
ISO 27001:2022 · GDPR · EU-hosted · Full audit trails · Trust Center →
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ISO 27001
GDPR
CyberVadis
PA Certified
Peppol