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Non-Financial Covenant Mangement & Compliance

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Good morning,

I have recently been involved in some interesting dialogue around how to manage compliance with debt covenants and best parctices to mitigate non-compliance risk.

I would like to solicit insight from the group regarding how they manange non-financial covenants.

Best regards,
Ernie

Answers

Jeff Taylor
Title: CFO
Company: Communications Co.
(CFO, Communications Co.) |

Um, I track my company's covenants on a spreadsheet and with my memory. I schedule reviews on my calendar quarterly with my team. We review all elements, financial or otherwise to see where we have issues.

It's not a best practice by any stretch, but I have not found a good way to automate this.

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