It is often said that managing a superyacht is like running a business. We certainly replicate many of the same financial practices: forecasting and managing budgets, ensuring cashflow, helping set up payroll schemes, the list goes on.
We handle all financial matters in-house with a team of highly skilled and immensely experienced accountants. Clients enjoy one point of contact and the knowledge that an incredible team backs them. Your SYM representative will discuss financial arrangements with you and your captain, ensuring your yacht is compliant wherever you are operating.
Each month, you will receive customised accounts illustrating a breakdown of expenditure. These will highlight payments to suppliers and outgoings on the captain's credit card, all of which we manage. Ours is a professional, business-like operation similar to any of your other interests or businesses.
Adopting the new generation Deep Blue real time yacht management software, our team can manage your yacht from anywhere, at anytime, using a simple user-friendly mobile interface. From financial accounting to crew and yacht documentation, engine room maintenance, logbook, charter activities or working shifts arrangement and MLC compliance, we can manage 100% of the operational needs of our fleet remotely, and you can rest in the knowledge that your asset is safe and secure.
Class compliance, crew contracts & crew placement, vendor resourcing, itinerary/passage-planning support, and rock-solid accounting and trans-Atlantic financial services
During the spring of 2015 we came to the South of France to purchase a 33-meter yacht. The Med region, cultures, coastlines and weather patterns as well as the vendors and protocols of doing European maritime business were new to the owner and myself.
The services of SYM were engaged, initially to assist in the purchase phase of the vessel. Their support made a big difference right off the bat.
The depth and breadth of their knowledge and expertise was further realized when the owner chose to engage their management services. We enjoyed superb and friendly service across a range of departments: Class compliance, crew contracts & crew placement, vendor resourcing, itinerary/passage-planning support, and rock-solid accounting and trans-Atlantic financial services to name just a few.
The whole season was enjoyed immensely and we are very grateful to the entire SYM team