Overview: Compliance Monitor
“Stay ahead of every covenant, report, and deadline – automatically.”
Bank loans and credit facilities often come with strict reporting requirements and financial covenants. Missing even one deadline-like submitting a stock statement or audited balance sheet-can result in penalties, interest hikes, or even account downgrades.
Bankkeeping’s Compliance Monitor is your always-on tracking assistant, ensuring that you never miss a bank commitment again.
Why This Tool Matters
“Banks don’t just lend money. They monitor discipline. We help you stay compliant.”
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 Borrowers are expected to comply with around 100 routine and event-based reporting requirements annually.
Compliance Monitor solves this with automated reminders, centralized dashboards, and actionable alerts. |
Core Modules
“Track once. Never miss again.”
Standard Compliance Tracker
“Stay aligned with what your bank expects-month after month.”
Tracks regular requirements like:
- Stock statements
- Debtors/creditors lists
- Quarterly financials
- Insurance renewals
- Audited balance sheets
Custom alerts for each reporting line and due date
Multi-bank support with customizable rule sets
Designed for regular borrowers under WC, TL, CC, LC/BG
Document Compliance Vault
“All your lender files, in one secure place.”
Upload and then readily access all submitted documents: sanction letters, insurance proofs, inspection reports, etc.
Naming conventions allows easy retrieval of documents
Helps prove compliance and avoid unnecessary penalties
Especially useful during audits, bank inspections, and renewals
Financial Covenant Monitor
“Know where you stand-before the bank does.”
Tracks covenant conditions (DSCR, current ratio, TOL/TNW, interest cover, etc.)
Compares actuals vs. committed values each quarter
Flags any projected or real non-compliance
Adds notes or explanations for borderline cases
Critical for businesses with high exposure or stringent terms
Compliance Calendar & Alerts
“Smart reminders that actually work.”
Set up by Backend team reducing your time and efforts
Alerts via email, WhatsApp
Escalation feature: send alerts to Bankkeeping founders if compliance is overdue
Enables proactive, team-level action before deadlines hit
Step 1
Upload your sanction letters and lender checklist
Step 2
System extracts all compliance terms team sets up auto-schedules tasks
Step 3
Track, confirm and escalate each activity with one click
✅ Option to sync with CMA Builder and Sanction Terms Analyzer for seamless compliance integration.
How It Works
“Peace of mind is our true deliverable.”
Compliance requirements vary by bank but typically include:
– Submission of stock and debtor statements within stipulated time
– Submitting Quarterly financials and audited annual reports
– Submission of data like projections, CMA report, etc during renewal of limits
– Submitting documents related to Insurance coverage on assets
– Maintaining covenants or specified financial ratios as stipulated by Banks
Missing any of these can lead to penalties, withdrawal of limits, or even recall of the loan.
Missing deadlines can have serious consequences, and actually increase your cost of borrowing by a significant margin. Missing deadlines typically attract Penal interest or charges, may lead to Freezing of drawing power, Lower credit ratings for an entity and ultimately lead to Damaged lender relationship
Bankkeeping helps you stay ahead of deadlines, so you never miss a compliance item again.
Yes. As you enrol in Bankkeeping, our team’s first task is to set your Compliance Monitor. All the compliances are set as tasks and the service team sets custom alerts based on the reporting requirements of each bank or NBFC.
Absolutely. Bankkeeping follows enterprise-grade security protocols. Your data is encrypted end-to-end and access is strictly controlled. Compliance data is visible only to authorized users within your company—ensuring privacy, safety, and full control.