Agencies for Special Monitoring (ASMs)
Agency for Specialized Monitoring (ASM) is a recently added vertical of FCPL’s services. Indian Banks’ Association (IBA) has empanelled FCPL as an Agency for providing ASM services to Bank/Consortium of Banks having large credit exposures and exposures of a specialized nature. FCPL has been empanelled for additional specialized sector including Engineering, Procurement & Construction (EPC), Iron & Steel & Real Estate. FCPL has professionals with domain knowledge, experience and skills in diverse sectors and industries, who can provide inspection services end-use of facilities, progress of project implementation, Projection vs. Actual, cash flow monitoring, and such other services for risk identification and taking appropriate action.
The broad scope of work under ASM includes
- Regular auditing and scrutinizing deviations or fluctuations.
- Monitoring of cash flow and transactions.
- Analyzing of the organization’s work input and output.
- Checking for misappropriation of funds or diversion of funds.
- Ensuring compliance of terms and condition of sanction.
- Extensive analysis of a company’s transactions, operations, and financial health.
- Analyzing of Fund Flow Statement.
The Focus Areas of ASM Services
Working Capital Monitoring
Term Loan Monitoring
Cash Flow Monitoring
End-Use Verification & Project Monitoring
Why Frontline Consultants?
Established in 1992, Frontline Consultants Private Limited brings over 30 years of professional experience in project evaluation and consultancy services. With an independent and objective approach, our team of technical and financial experts delivers industry-focused assessments and reliable insights, making us a trusted partner for banks, financial institutions, and business enterprises.