Yacht Accounting
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With real-time financial insights, Voly provides users with the tools to deliver better decision making for the smooth operation of their vessel.
We’ve worked with captains, crew, pursers, accountants, management companies and yacht owners to create a unique platform designed to make the working life of captains and crew easier.
7 Platforms in one, Voly is the only multi-currency accounting software, with fully integrated Voly Prepaid Mastercard and FX Payment Platform, created for the yachting industry.
Features of Yacht Accounting
Prepaid Mastercard Integration
Top-up the Voly Prepaid Mastercard with funds via bank transfer
Transactions are automatically uploaded to Voly
No need to spend time reconciling credit card statements
Snapshot a photo of receipts and categorise the spend
Reporting Suite
A full financial reporting suite available
Full general ledger and balance sheet reports
Automated reports and custom-tailored reports
All exportable in various formats.
Mobile App
Accounting on the go
View cash and card account balances
Log transactions
Approve transactions and requests
Snapshot receipts and file expenses
Offline user functionality, auto syncs with data connection
Payment Platform
Save time and money
Trade foreign exchange
Pay supplier invoices directly through the system via SEPA, Faster Pay and SWIFT.
Plus
Paper-Free Accounting
Easily upload attachments and receipts for every transaction type. All documentation can be held in one place and easily extracted when required. Voly will also automatically number all of your documentation with the relevant transaction number for easy referencing.
Granular Permissions
Define each individual user’s permissions for every function, from which categories they can access to restrictions on entire modules. Every asset is set-up to meet your bespoke operational needs.
Dedicated Support Team
With our inbuilt live chat and dedicated client relationship managers, our team of experts understand the requirements and complexities of yacht accounting.
Budgeting
Voly can provide the budgeting tools required to ensure that any project can be effectively managed within an owner’s budget requirements. Log comments against budget variances for each category, allowing for management reviews and to assist with budgeting for the following year.
Bespoke Approval Matrix
Design your own approval matrix based on your asset’s individual operational needs. With 4 levels of fully audited approvals available, you can be sure that you have full control of the spend on-board.
Purchase Orders & Purchase Requests
Manage your committed spend by giving crew members access to create purchase requests. They can log multiple supplier quotes for review and once approved they can generate purchase orders to be later matched to invoices.
Multi-Currency Accounting & Reconciliation
Reconcile transactions across multiple currencies with one click. Convert all transactions into a single reporting currency with accurate, live daily exchange rates and real-time account valuations.
High Level Data Security
Security and fraud prevention protocols as standard, end-to-end encryption as well as user validation and 2-Factor authentication is in place to ensure the highest level of data security.