Bond Proceeds Management
Centralize and track project related information including spending and private use data.
- Track and manage private business use
- Centralize all project data including documents, usage data, and spending across one or more bond series
- Create dedicated project spaces to act as a centralized repository of project and funding details
- Automate private business use compliance and warnings
Treasury teams have a serious data management challenge.
We hear it all the time:
“We have no single source of information.”
“Turnover in key roles is creating serious risk.”
“Our lack of visibility into our data stops us from being strategic.”
But with DebtBook, data can go from being your biggest pain point to your best weapon.
All your project related information in one place
DebtBook’s Bond Proceeds Management feature empowers treasury teams to efficiently track and manage project related information including spending information and usage data. This feature helps organizations remain compliant with applicable private business use limits while maintaining a centralized repository of all relevant project information.
With DebtBook, you can now manage a customized project list, tie projects to one or more series, track spending on projects, document public and private use, and receive real-time compliance warnings, all within your DebtBook profile.
How you can use Bond Proceeds Management:
- Record and track spending allocations from bond proceeds, equity, or other sources.
- Record private use on a project level, using time, space, revenue, or other units.
- Generate real-time private use calculations to better facilitate compliance with IRS limits on a series by series basis.
- Pull private use data for any specified date.
- Receive warnings when usage exceeds applicable limits.
- Address complex use cases, including disproportionate or unrelated use scenarios and early sale of assets.
- Assign custom categories, notes, and documents to projects.
- View which series provided funding for each project including those that have been refinanced.
- Track projects and allocated bond proceeds across multiple debt series, including refunding series.
- Maintain an organized, centralized repository of project details and funding details.
Determine the best structure for your entity within Sizing and seamlessly add new debt issuances to your profile.
Strengthen your debt management
capabilities with Bond Proceeds Management
DEBT MANAGEMENT PLATFORM
Filter views of your portfolio so you can easily analyze your outstanding par across type, purpose, and fund
Simplified continuing disclosure management via automatic notifications and streamlined workflows
Automated long-term obligation disclosure for your ACFR
Automatically generated journal entries at the portfolio, series, or fund level
Refunding tracking that builds a true lineage of every bond issue in your debt portfolio
Automated financial reporting with exports, charts, and summaries compatible with Excel
Historical and future loan tracking to let you easily see the lifetime of a loan
Schedule creation functionality that lets you generate and store valid amortizations, payments, and outstanding debt schedules
Unlimited internal and external seats so you can share access across your team or directly with your auditor
WITH BOND PROCEEDS MANAGEMENT
Track private use on both a project and series level to facilitate compliance with IRS limits
Centralize all project data including documents, notes, usage information, and spending across one or more bond series
Integrated functionality with existing projects in your DebtBook profile, including refunding series
Collaborate with bond and tax counsels and other third parties in a shared, cloud-based environment
Get real-time warnings when private usage exceeds applicable limits
See what you can do with a modern debt management solution
Bond Proceeds Management is just one feature of our extensive, purpose-built Debt Management solution. Here’s what else you can do with DebtBook:
See how DebtBook’s Sizing feature allows you to analyze structuring options directly within DebtBook.
Simplify continuing disclosure management via automatic notifications and streamlined workflows.
Automatically generate journal entries and audit notes at the portfolio, series, or fund level.
Easily execute more accurate financial reporting and compliance.
Ensure the appropriate amounts are paid to the appropriate parties, eliminating the risk of fraud or bank error.
Make the tracking and managing of even daily reset rates an automated, streamlined process.
How difficult will the software be to use?
We know, no matter how powerful our system is, it won’t be of any benefit to you if it’s too difficult to use. So we offer:
- A user-friendly design that balances simplicity and depth
- DebtBook University, a robust library of dozens of training courses, updated quarterly
- A platform, according to McHenry County, IL that’s “really intuitive” and “easy for anybody to understand.”
For the City of Vista, this ease of use pays dividends come audit time:
“With a system as easy to use as DebtBook, I can feel confident giving my auditors access, knowing they will get the information they need without needing my assistance or waiting on a response from me. This saves me, and our auditors, a ton of time during audit season.”
“With DebtBook’s Sizing feature, I'm very excited that I don't have to rely on my municipal advisor for every little number run.”
“I'm the type of person who likes to tinker. I like to see different options, I like to tweak them to get to where I want to go. And I understand that it can be a little cumbersome for them to give 10 different scenario requests and then five more and then maybe another three as you're fine tuning things.
So having that ability to do that in-house with DebtBook, not having to build out the cumbersome and ugly debt sizing in Excel, is something I'm very excited for moving forward.”
Joshua Benson
Capital Finance Manager, City of Milwaukee
Why should I partner with DebtBook?
At DebtBook, we believe we stand apart from the competition and are committed to being a trusted partner to you with staying power.
- The only cloud-based platform designed specifically for government and nonprofit teams
- Over 2,100 government & nonprofit customers
- 125+ employees
- SOC 1 & 2 data integrity and security compliance and single sign-on functionality
- Built by public finance professionals
