PORR Group Digitizes Their Guarantee Business with Guarantee Vault – Austrian and International Guarantors Ready

MUNICH–(BUSINESS WIRE)–As one of the leading construction firms in Europe, PORR AG digitizes their guarantee business with the Guarantee Vault Platform from Digital Vault Services GmbH (DVS), combined with the multibank-solution @GlobalTrade from GlobalTrade Corporation (GTC). The company already requested their first digital guarantees and the broad roll-out has started.

“As part of our future programme PORR 2025 we seek to strengthen our technology leadership further and develop digital solutions for the construction value chain as well as new, data-based business models. With Guarantee Vault and @GlobalTrade we can fully digitize our guarantee business – from the internal approval process up to the full guarantee life-cycle. The combination of both systems allows a seamless integration into existing systems and therefore is a big win in efficiency. We will step-by-step transfer our complete guarantee business to Guarantee Vault,” said…

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