Modules  →  Financial Management

Financial Management & Cost Control

Full financial control across your fleet — automated invoice approvals, real-time budget tracking, multi-currency support, and seamless ERP integration.

Every transaction is traceable, and ship and shore work from the same figures.

ShipManager brings budgets, invoices, approvals, crew payroll and multi-currency transactions into one system, so ship owners and fleet managers can stop chasing spreadsheets and keep spending in line.

Stop cost overruns before they happen

Track budgets at vessel and fleet level, see deviations in real time and act before costs spiral.

See your fleet's cash flow at a glance

Every invoice, payment and due date in one place — across all vessels and currencies, with every transaction logged.

The right approver, every invoice, every time

Set approval paths by ship, department or value. Nothing gets paid without sign-off, and live tracking keeps it moving.

  • Plan and control budgets per vessel and across the fleet
  • Compare estimate, actual and expected cost side by side
  • Get alerted as soon as spending deviates from plan
  • Budgets stay in step with ERP and procurement data
  • Forecasts update automatically, no manual rework
Premaster Finance – budget management
Budget Management

Stop cost overruns before they happen

Plan and follow budgets at vessel and fleet level, and see deviations while there is still time to act. Forecasting and variance reporting give you a stable, transparent financial picture across the fleet.

  • Plan and control budgets per vessel and across the fleet
  • Compare estimate, actual and expected cost side by side
  • Get alerted as soon as spending deviates from plan
  • Budgets stay in step with ERP and procurement data
  • Forecasts update automatically, no manual rework
  • One place for all maritime invoices
  • Track payment status as it happens
  • Avoid late payments with due date alerts
  • Handle invoices in any currency
  • Every approval logged and ready for audit
Premaster Finance – payables receivables
Payables & Receviables

See your fleet's cash flow at a glance

Know what is owed and what is due across every vessel, without digging through inboxes. Invoices, payments and due dates sit in one place, in any currency, with every transaction logged.

  • One place for all maritime invoices
  • Track payment status as it happens
  • Avoid late payments with due date alerts
  • Handle invoices in any currency
  • Every approval logged and ready for audit
  • Approval paths that match how your organisation works
  • See where every invoice sits in the approval chain
  • Notifications keep approvers from becoming bottlenecks
  • Approve on the go from a mobile device
  • Full audit log of who approved what, and when
Premaster Finance – approval process
Approval Process

The right approver, every invoice, every time

Set approval paths by ship, department or value threshold, so invoices reach the right person and nothing gets paid without sign-off. Live tracking and notifications keep approvals moving.

  • Approval paths that match how your organisation works
  • See where every invoice sits in the approval chain
  • Notifications keep approvers from becoming bottlenecks
  • Approve on the go from a mobile device
  • Full audit log of who approved what, and when
  • Credit notes created automatically, less manual entry
  • Adjustments linked directly to the original invoice
  • Refunds tracked until they are settled
  • Complete transaction history for auditors
  • Accurate reconciliation without manual cross-checking
Premaster Finance – credit note management
Credit Note Management

No duplicate payments, no reconciliation guesswork

Credit notes are created, linked to the right invoice and tracked automatically, so you pay the correct amount and close the books faster. Every adjustment is structured and traceable.

  • Credit notes created automatically, less manual entry
  • Adjustments linked directly to the original invoice
  • Refunds tracked until they are settled
  • Complete transaction history for auditors
  • Accurate reconciliation without manual cross-checking
  • Salaries and overtime calculated automatically
  • Pay crew in the currency they need
  • Payroll data sent to bank and ERP without re-keying
  • Payroll reports and audit trails built in
Premaster Finance – crew payroll
Crew Payroll

ShipManager calculates salaries, overtime and currency conversion for you, which cuts payroll errors and admin time. Payroll data flows to your bank and ERP, with reporting and audit trails included.

  • Salaries and overtime calculated automatically
  • Pay crew in the currency they need
  • Payroll data sent to bank and ERP without re-keying
  • Payroll reports and audit trails built in
  • Currency conversion handled automatically
  • Exchange rates kept current without manual updates
  • Work with all the currencies your fleet trades in
  • One dashboard for fleet-wide financial reporting
  • Accurate figures you can defend in an audit
  • Conversions applied consistently across the whole system
Premaster Finance – credit note management
Multi-Currency Management

One reporting currency for a global fleet

Transactions in any currency are converted into a single reporting currency using live exchange rates, so fleet-wide figures are comparable and correct. Every conversion is traceable across vessels and currencies.

  • Currency conversion handled automatically
  • Exchange rates kept current without manual updates
  • Work with all the currencies your fleet trades in
  • One dashboard for fleet-wide financial reporting
  • Accurate figures you can defend in an audit
  • Conversions applied consistently across the whole system
  • Approve invoices from your phone
  • Check vessel budgets at any moment
  • Push alerts flag urgent spending straight away
  • Secure access wherever you are
  • Works across devices and platforms
  • Every mobile action logged in full
Mobile Finance Management

Financial decisions that do not wait for the office

Approve invoices, check vessel budgets and respond to urgent spending alerts from anywhere. Finance and fleet managers keep work moving, whether they are on board, travelling or ashore.

  • Approve invoices from your phone
  • Check vessel budgets at any moment
  • Push alerts flag urgent spending straight away
  • Secure access wherever you are
  • Works across devices and platforms
  • Every mobile action logged in full
  • Track the financial KPIs that matter in maritime operations
  • Dashboards tailored to each role
  • Export reports for management and owners
  • Compare performance per vessel and across the fleet
Premaster Finance – analytics insights
Analytics & Insights

Better financial decisions, backed by live data

Real-time KPIs and role-based dashboards show where spending is heading, so you can spot trends early and improve financial performance across the fleet.

  • Track the financial KPIs that matter in maritime operations
  • Dashboards tailored to each role
  • Export reports for management and owners
  • Compare performance per vessel and across the fleet

Works seamlessly with

Procurement

Turn approved requisitions into purchase orders without leaving the platform.

Operation

Turn one noon report into compliance, voyage and performance data automatically.

Business Intelligence (BI)

Turn data from every module into one clear view of fleet performance.

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