What type of alerts does GFEBS provide for effective debt management?

The correct choice highlights that GFEBS provides alerts specifically for overdue debts and the necessary actions to address them. This functionality is crucial for effective debt management because it enables users to promptly identify outstanding debts that need attention. By receiving such alerts, organizations can take timely actions to resolve debts, whether that involves making payments, negotiating terms, or escalating issues with relevant stakeholders. This proactive approach helps prevent further financial complications, such as accruing additional interest or impacting the organization's credit standing.

The focus on overdue debts reflects the essential need to manage liabilities diligently within any financial system, ensuring that a organization maintains its fiscal health and adheres to regulatory requirements. Timely alerts can also facilitate strategic financial planning by providing insights into outstanding obligations.

Other options may mention useful aspects of financial management, such as notifications for upcoming payments or reminders for scheduled audits, but they do not specifically address the critical need for monitoring overdue debts and ensuring corrective actions are taken, which is the primary function served by this alert system within GFEBS.