1 January 2022
Over the years, Seven Oceans has integrated with a diverse set of mainstream F&A applications viz., SAP, Oracle, Sage and many, many more. This has been a truly rewarding experience both for our customers in the commercial shipping arena, as well as us. As such, we are proud to present our very own Finance and Accounting module, Seven Oceans Finance & Accounting (SOFA).
We have always respected and cherished its good relations with mainstream accounting solutions and have taken great pride in those successful, long-term partnerships. However, with the ever-evolving nature of the commercial shipping business, we felt that it would be most pertinent to institute our own F&A module.
Our customers, including charterers, commodity traders, shipowners, operators, and shipbrokers will greatly benefit from this new development. Larger shipping users in the industry will find the following advantages unique when they use this module in tandem with our commercial shipping software solution — Seven Oceans Commercials (SOC):
Double-entry of accounting data is completely eliminated
Financial reporting that includes amongst others Balance Sheets, P&L Statements, Trial Balances and many more are fully automated
Implementation of Seven Oceans software on the cloud and enterprise mode, both include the accounting module as an integral part of the complete solution. As such, it is seamlessly interconnected with the business functions viz., Voyages, Time Charters, COAs, Pools etc.
Complete flexibility in utilization of the entire Seven Oceans suite