MARITIME & SHIIP MANAGEMENT SOFTWARE

Maritime Financial Management Software with Microsoft Dynamics 365 Finance providing General Ledger, Accounts Payable, Credit and Collections, Accounts Receivable, Bank Management, Fixed Asset Management and Financial Reporting. Financial Dimensions such as Department, Division, Project to allow for both capture of financial transactions and multi-segment reporting for Maritime and Ship Management Business. Inter-company transactions and multi-company Financial Consolidation. Out of the box financial reports available at an entity level and consolidated level including

- Balance Sheet

- Profit and Loss

- Rolling Forecast

- Cash Flow Statement

Ability to drill down from a financial report to individual transactions. Statutory localisations for over 40 countries.

Manage a Maritime with Robust Purchasing Software. Vendor Management, Vendor Certification, Run Open, Blind and Closed RFx/ RFP/ RFI sourcing processes. Procurement limits by department to ensure compliance with spending limits. Encumber funds for spending later. Integrate Budget controls in your procurement processes including the Purchase Requisition Transactions, Purchase Orders and Vendor Invoices to ensure your spending is within department budgets.   

Purchase Agreements to track spend on an awarded Bid with ability to have multiple Purchase Orders under a single Vendor Agreement.  Support for a Vendor Portal for Vendors to electronically communicate with you

Project Accounting  to manage Capital Expenditure such as new vessels or renovation of vessels, oil rigs as well as Operational Expenditure such as repairs. Manage Project budgets and spending. Track Multi-Year projects that cross financial years. Award Projects to one or more vendors. Track vendor costs, internal labor hours, materials and track Project Budget to Costs.  Maintain project cost control by summarizing actual cost, committed cost, and remaining budget to accurately forecast total expected cost, and compare with the original budget.  Fully Integrated Time sheets that capture labor costs into your Projects for accurate project costing and accounting.

Human Resource Software to automate Maritime processes with from hire to retire including Recruiting, Applicant tracking, Personnel and Employee Record Management, I-9 Compliance, Leave and Absence management Compensation management, Performance Management, Time and Attendance, and Benefits Tracking.  Leave Accrual Rules by Leave Type e.g. Annual PTO, Bereavement Leave and support for both Paid and Unpaid Leave. Online application of absence with ability for managers to review and approve or reject leaves. 

Employee Portal Software tailored for  Maritime Staff to view and update personnel information, contact information, emergency contacts. Ability for team members to view accrued leave balance by absence leave type,  submit leave requests, and enter expense reports and time-sheets. Managers can view team members information, view and approve leave requests and expense reports.  Maritime staff members have the ability to view available training courses and enroll in them

Budgeting and Financial Planning Software for Maritime and Shipping Fleets provides Long Term Forecasting, Financial Projections, Annual Budgeting and Track Budget to Actuals. Forecast Personnel Positions, Salary Increments as well as Operating Expenditure Budgets. Plan for Capital Expenditure with detailed cost estimates for vendors costs, equipment, labor, material and track CapEx Budget to Actuals once approved. Forecast Long-term Expenditures and enable Capital Planning.