Keep control of tariff and voyage templates Softship.Finance is your repository for all cargo, port and voyage related expenses as well as revenues from sales. Agreed rates together with associated cost drivers and constraints (vessel, time, commodity type etc) are maintained for each customer and each supplier. Port and voyage cost templates define each suppliers’ services and these are matched with sales tariffs to deliver each voyage calculation. Automated cost estimation As the voyage progresses, Softship.Finance will estimate accrued expenses. Using data from the manifest, statement of facts as well as the tariff data and port cost templates, Softship.Finance will calculate an accurate estimate of port expenses which, after confirmation by the port agent, will become your accrued port expenses. Cargo related expenses such as feeder or intermodal costs are also estimated and stored as accruals in Softship.Finance. All accruals are used for later invoice reconciliation. Invoice reconciliation Once the actual supplier invoice has been received it is automatically matched with the corresponding accruals. Any deviation is easily identified and highlighted to avoid approval of incorrect or duplicate invoices. Once an invoice is approved it will be posted against the corresponding voyage account and the accrual is cleared. www.softship.com Controlling your expenses, voyage accounts and voyage profitability. Softship.Finance controls your operating expenses and ensures that your voyage profitability is actively managed. Your agreed supplier tariffs for port and voyage related expenses are stored in Softship.Finance. With data extracted from the manifest and statement of facts, accruals for each voyage are automatically estimated. Actual invoices are reconciled against accruals and, when approved, are posted against the voyage accounts. This enables management to monitor profitability as the voyage develops and provides full visibility over operating expenses to deliver tight cost control. Cost Control (Softship.Finance) Hamburg • Manila • Miami • Singapore LIMA for carriers Actively manage voyage results