The volume of data is increasing, placing significant pressure on shipping companies to navigate through data sets in order to find the right data. The first step toward identifying the correct data is to establish a positive data circle between daily users, analysts, and management. Data becomes visible and valuable to the entire organisation as a result of this communication.
The insights provided by data are powerful tools for improving overall performance. Analytics and dashboards will make the entire process easier, from data identification to data presentation.
The eVitalyst ERP helps in the smooth execution of significant business activities, including Finance Management, Procurement Management, Fixed Assets, Inventory Management, Vessel Management, Crewing Management, Operations Management, Project Management, Customer relationship management and HRMS & Payroll Management under single platform. The eVitalyst ERP system also includes company performance management, including features like planning, budgeting, analysis, prediction, and company’s financial reports and KPI’s.
Benefits of eVitalyst Fleet Management ERP in the Shipping Industry:
1. Centralized management system
2. Organized business processes
3. Fleetwide equipment visibility
4. Pre-planned equipment maintenance
5. Optimized inventory management
6. Easy noon report and monthly abstracts
7. Information management and sharing
8. Document version controls
9. Manning and crew change management
10. Competence management
11. Payroll Tracking
12. Vessel Wise Financials
13. Multidimensional accounting
1. Centralized management system
The eVitalyst Marine ERP system allows the shipping company to easily access regular updates and information for quick decision-making. It also improves interdepartmental communications either in the same location or different location. eVitalyst Marine ERP’s report and dashboard engine makes C-level executives and unit heads to view user-friendly, business intelligent dashboards, and customized interfaces that include all contacts along business lines.
2. Organized business processes
The customized eVitalyst Marine Fleet Management solution can assist in understanding the significance of all business actions and prioritizing operations at various levels. A shipping company can use such tools to unify all areas of business and procedures so that they can be tracked under single umbrella. Furthermore, by utilizing companies’ information, management can make strategic decisions quickly.
3. Fleetwide equipment visibility
Create an equipment library with specific categories and maker and model details using eVitalyst. Connect materials, jobs, and documents to equipment, and then connect the equipment to vessel components. A centralized equipment library increases visibility significantly. A single screen can display a list of vessels and connected components for equipment.
4. Pre-planned equipment maintenance
In the maritime industry, regular maintenance is preferable for the equipment’s on the ship. But will we have to rely solely on the industry’s standard system of scheduled or periodic maintenance? With eVitalyst PMS, crew can achieve effective vessel performance monitoring by monitoring and forecasting equipment maintenance using modern and advanced technologies.
5. Optimized inventory management
Remaining on board will always be in excel / word files, and will only be reported back to the office on occasion. During requisition approvals/audits, proper data may not be available. eVitalyst improves inventory controls and provides complete visibility of inventory moments and materials usages.
6. Easy noon report and monthly abstracts
Another excel-based reporting format used by the majority of maritime companies is noon reports and monthly abstracts. The Engine PMS may not always be triggered by information about actual running hours. The disparities in planned maintenance tasks and reporting will result from this. This gap will be entirely filled by “eVitalyst Daily Progress Report.” For the noon reports and monthly abstracts, the system offers perfect solution with convenient user interfaces.
7. Information management and sharing
With the appropriate roles and privileges, eVitalyst increases visibility of the information shared between departments. This will eliminate the need for numerous internal emails and documents to inquire about the status of a PMS job, the recruitment process, the IMO crew list, procurement-related information, the status of materials, and hundreds of other similar requests.
8. Document version controls
Based on the access rights for the documents that have been granted, review and approval are conveniently handled by eVitalyst. Make sure the documents in the document archive are up-to-date by periodically reviewing the files there. For your reference, eVitalyst keeps track of document revision information, including related comments.
9. Manning and crew change management
With fleet-wide visibility, eVitalyst crew management software meets all onboarding, planning and operational needs related to human resources. You can significantly reduce management time and costs by enabling all users involved in crewing and HR management. The renewal of crew members’ documents and certificates can be easily managed by the crewing team. The system sends out automatic alerts for various expiration dates.
10. Competence management
All the crew documentation can be recorded in the eVitalyst, and the HR & Crewing solution is tuned to cater to special needs in the maritime industry. The renewal of crew members’ documents and certificates can be easily managed by the crewing team. The system sends out automatic alerts for various expiration dates.
11. Payroll Tracking
You can process your monthly payroll effectively using the evitalyst HR & Payroll management system. The payroll data, including additions, deductions, cash to master, salaries, and provisions, can be book to your accounting module with just one click. The leave policies, pay heads, and gratuity formulas you define can be based on the labor laws of various countries thanks to the great flexibility offered by eVitalyst, a payroll management system designed for effective payroll operations.
12. Vessel Wise Financials
A unique accounting data set exists in the marine industry. Due to the tight integration of all the modules in eVitalyst, accounting will always take place well after operational process flow. The finance team has the capability to review all ledgers associated with each vessel and generate vessel-specific trial balance, profit and loss, and multidimensional financial reports.
For the vessel managers, eVitalyst will provide vessel and owner-specific financials, saving them a massive amount of time as they complete their month- and year-end closing activities.
13. Multidimensional accounting
Businesses want to see an analysis of revenue and expenses on multiple levels. The company may experience multiple dimensions of growth, and CFOs and CXOs must make decisions based on the financial outcomes of these multiple-dimensional evaluations. By default, eVitalyst is a multi-dimensional financial system, allowing all bookings to be made with a variety of financial dimensions, including those for vessels, vessel owners, charterers, business types, industries, sales regions, agency jobs, etc. Multidimensional dashboards will give you the freedom to decide how to best progress your company. This makes eVitalyst stand out among its competitors in the market.
