Bond Software | Surety Bond Management Software
Bond software for surety bond management was successfully presented to a key municipality customer in Southern California. Bond software helps bond sureties, obligees, and project owners track surety and project bonds and their associated bond costs, fund releases, expire dates, renewal dates, and bond document attachments. Bond software by A1 Tracker gives bond parties secure cloud software technologies to access bond information online and receive bond updates as bonds expire, renew, and go into default. The new A1 Tracker Bond management software system will go live, servicing multiple departments starting late February 2012.
Bond software is ideal to generate bond documents and distribute electronically to obligees, sureties, and project management staff. Bond cost information can be broken down by premium, taxes, warranty premium, and amount distributed or retained. Bond software also tracks multiple key bond dates such as bond effective dates, warranty effective date, and bond expire date, and warranty expire date. Bond software administrators will setup email notifications giving advanced notice before bonds and bond warranties expire. Bond software will offer a seamless integration with contract software, where contracts may have several assigned bonds attached with APN numbers, project numbers, and contract numbers. Bonds may be grouped together where master project bonds may be issued then subsequent change order bonds are linked to a single master project bond.