Preparation and periodic review of annual/seasonal budgets
- Use of specialised superyacht accounting software with linked crew debit cards which automatically records all crew transactions as well as management expenditure in real time against budgets. The software was developed to facilitate communication between Crew / Management / Family Office / Owners Rep, for all Administrative, Financial, Technical, Maintenance, Human Resources, Security and Legal affairs. Easing the workload and processes for Officers, Pursers and Managers, with a secured and professional communication flow between the Superyacht the Team ashore, it breeds efficiency and transparency.
- Challenging of quotes and invoices and processing payments.
- Preparation of monthly budget consolidations and investigation into deviations from budget.
ACCOUNTING AND FINANCIAL REPORTING