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Hemisphere Lite Collection

ACCOUNTS MANAGEMENT ELEMENT

Our accounting platform enables Captains to accurately and easily manage various yacht expenses, purchase orders and crew spend limits, facilitating comprehensive ‘ship to shore’ accessibility and reporting between the yacht and our accounts team in Monaco.

Our double-entry accounting solution provides real time, cash flow statistics, enabling the team to collate and generate comprehensive reports relating to banking, VAT and general expenditures. We also assist with setting budgets and monitoring anomalies should they arise in the monthly expenditures. This ensures complete transparency of client funds.

The Hemisphere ‘Lite’ Accounts Management element includes:

  • Comprehensive budget management and forecasts for superyacht owners and key decision makers
  • Pre-loaded crew cards for effective and fast fund management
  • Instant data capture and invoice uploading via smart phone app when crew are on the move
  • Full multi-tier workflow approval, ensuring constant fund monitoring plus quote and purchase approval
  • Hemisphere Monaco approves yacht operational costs
  • Security level control of sensitive information based on crew hierarchy
  • Facility to withdraw high ATM cash amounts per day
  • Mandatory threshold of required number of quotes prior to purchase order approval
  • True multi-currency reconciliation across major international currencies including Euro, Pound sterling and US dollars
  • Leading online security and user validation codes
  • Monthly reporting options for owners or representatives
  • Owner funding requests

For a member of the Hemisphere Lite team to contact you and discuss our Accounts Management element, please email us at: lite@hemispheremonaco.com.

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