Financial Management

Your life.
Spend wisely.

Structurally planned, organized, and budgeted Yacht finances

VMS powers Financial management + Real time software

Uncompromised punctuality is our tool

Dedicated manager directed and finally Owner and VMS CEO controlled, financial activity of your precious asset all with fully proprietary in-house accounting software reporting.

ENTIRE YACHTS EXPENDITURE FINANCIAL MANAGEMENT
BUDGET MANAGEMENT CONTROL THROUGH ACTUAL VERSUS BUDGETED STATEMENT OF ACCOUNTS
PREPARATION OF MONTHLY FUND REQUESTS BASED ON KNOWN AND EXPECTED EXPENDITURES
CHECKING ALL INVOICES PRIOR TO PAYMENTS WITH CAPTAIN AND OWNERS OFFICE
ARRANGING DEBIT CARDS TO CAPTAIN AND CREW AS PER OWNER REQUESTS
PURCHASE ORDERS IMPLEMENTING FOR EXPENDITURES OVER THE LIMITS DEFINED BY THE OWNER

Operating features

VMS guarantees compliance with ever changing administration and regulatory standards.

Detailed operational budget
Organizing budgets and accounts allocation with designated financial manager responsible for Yacht
Checking purchase orders / verification approvals
Prompt payments
Weekly, monthly and annual reporting
Crew payroll
Preparations of annual financial overview
Tiered expenditure control, electronic and on-line approval

FINANCIAL Management Proposal