Help Reduce Costly Human Error And Maritime Crime With Voyage Estimation Software

The days of carrying out the arduous task of manual voyage calculation - which is prone to faulty data input and miscalculations - are long gone as continuous advancements in technology allow shipping software companies to aid shipping lines in streamlining critical business operations. Incidents of fraudulent or faulty estimates purposefully intended by opportunistic officers or employees are minimized or generally effaced. When voyage calculations are produced by an automated software, maritime fraud and crime are greatly reduced, ensuring that all financial transactions labeled as shipping expenses and commission are actually for the benefit of the shipping company.

Advanced business solutions such as voyage estimation software offer shipping lines with accurate data to complete critical business transactions efficiently and securely. An accurate voyage calculation software enables a shipping company to quantify the exact cost and duration of a shipment voyage, provide accurate dates for the departure and arrival of shipment and the actual quantity and nature of shipment.

A voyage estimation software is usually integrated into the company’s ERP system, which means estimated calculations can be viewed by authorized officers whenever required. Should maritime fraud incidents call for the voyage calculation of a particular shipment, the necessary documents can be easily prepared and presented. The voyage estimate reports contain all detailed information about a particular shipment such as vessel details, cargo details, voyage results and all shipping expenses, facilitating procedures during maritime insurance investigations.

Shipping lines that utilize advanced shipping software have low percentages of maritime fraud and costly human error incidents and can look forward to expanding business with their clients and continued growth for their company.