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SWM Yachts puts precise processes and procedures in place to govern how your vessel operates on a day-to-day basis. A key part is financial management. Our service provides full control of your expenditure, is fully customised and tailored to you & your requirements.
We operate the yacht in a business-like manner, working with the captain and the crew, to find the most cost-effective solutions, ensuring your yacht is run efficiently. The financial service we offer includes overseeing budgets, accounts, component orders and invoices, as well as payroll, compliance and safety issues. All yacht operating expenses and crew payroll are retained together, streamlining the operation. Our professional team produce clear and transparent accounting whilst employing utmost integrity.
We aim to deliver efficient and cost-effective accounting. Working from a detailed and concise annual budget agreed with Captain and Owner, the yacht management team will handle the entire financial logistics of your yacht. Your financial manager can prepare optional regular financial reports to suit your schedule, providing a clear picture of a yacht’s running costs and avoiding any unnecessary expenses.
PAYROLL & CREW COSTS
Our finance team will manage crew payroll and any associated crew costs to meet the requirements of seafarer’s employment regulations.
INSURANCE & CLAIMS
We take a proactive approach to our relationship with the insurance providers for our superyachts. We work closely with insurance brokers to conduct regular reviews of hull and machinery and indemnity policies as well as yacht crew health insurance.
Insurance and claims
Option for regular reports
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