Exmar Ship Management, a maritime leader in vessel management, streamlined financial reporting and compliance with Brego’s financial management services, achieving full regulatory adherence and enhanced operational efficiency.
Exmar Ship Management
Industry: Maritime (Ship Management)
Type: Privately Held
Exmar Ship Management, a subsidiary of Exmar Shipmanagement NV, is a leader in vessel management services, including technical, crew, and commercial management. The company supports the maritime industry with expertise in vessel maintenance, compliance, and logistics, ensuring international regulations are met.
Disorganized financial records: The company’s in-house team lacked the expertise to maintain accurate financial records, affecting decision-making.
Compliance gaps: Non-compliance with maritime regulations risked penalties.
Delayed financial reporting: The high volume of transactions caused delays in generating financial reports.
Financial Records Overhaul: We implemented an organized system to manage complex financial transactions accurately.
Regulatory Compliance Support: Our team ensured Exmar met all regulatory requirements, minimizing compliance risks.
Timely Reporting: We introduced automated processes to improve the timeliness of monthly and quarterly financial reports.
Accurate Financial Reports: Improved financial reporting accuracy, providing Exmar with better insights into their financial performance.
Full Compliance: The company met all regulatory guidelines, avoiding potential fines and penalties.
Improved Operational Efficiency: Automation reduced delays, allowing Exmar’s management to focus on core operations.
Operational efficiency: Automated systems improved workflow, reducing errors.
Compliance assurance: Full adherence to maritime regulations reduced financial risks.
Cost savings: Avoided penalties and improved cash flow efficiency through timely reporting.
ROI: Our Accounts and Financial Management services helped Exmar Ship Management improve financial transparency, achieve full compliance, and enhance operational efficiency, positioning the company for sustainable growth in the maritime industry.
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