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GL FleetManager - Financial management module
for shipping CFO's.
The tasks and duties for CFO and Finance Director in the shipping industry are manifold and getting more year-on-year. There is a whole bunch of new challenges to cope with as responsible for the finance community. New regulations on national and international accounting standards, new requests from shareholder as owners, private equity houses, pension funds or financial institutions, from tax authorities or auditors lead to the need to be up-to-date with your books and reporting requests continuously. On top of that financial management in shipping can be characterized by mid-sized organizational and business structures but showing the complexity of larger multinational corporations. This leads to the need to be highly flexible in setting up group processes and legal organization structures and to bear the day-to-day business of other group functions. Due to the increasing importance of professional management of fixed assets, intercompany transfers and loans, cash and currency management, ‘Quality Shipping’ means at first-hand high-quality financial management. The finance organization is not any longer ‘just’ a supporting function but is bringing real earnings by taking decisions based on best-in-class shipping decision tools.