Frequently Asked Questions
The recording, on a day-to-day basis, of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct, Training up-to-date and comprehensive. It is part of the process of accounting in business.
Bid Bonds are issued during the tendering process to the procuring entity as a guarantee and a sign of commitment and willingness to enter into a contract with the procuring entity. We at Everpro Consultants, assist you to offer a bid bond to the procuring entity through credible banks.
Advance Payment Guarantees (APG). It’s issued as a security against a payment being made upfront to the contractor by the procuring entity to facilitate mobilization activities for the contract awarded. We will assist you to get an APG both secured and non-secured from PPOA accredited institutions.
Motor vehicle insurance, also called automotive insurance, a contract by which the insurer assumes the risk of any loss the owner or operator of a car may incur through damage to property or persons as the result of an accident.
This is a combination of the workmen injury benefit act (WIBA) and Group Personal Accident (GPA) covers, intended to give an employer a one-stop solution for employee insurance. It addresses the workplace risk as well as off-duty risks.
Professional indemnity insurance is an important type of business insurance, especially for businesses that give advice or provide a professional service to clients. It can cover compensation claims if a business issued by a client for making a mistake that leads to financial loss.
Various types of financing by a firm to acquire and support resources necessary for its operations. Mainly stockholders’ (shareholders’) investments (equity capital), long-term loans & short-term loans and short-term liabilities (such as trade credit)
A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond.