Duplicate payments on invoices occur far more frequently than most organizations realize. According to Concur.com, a typical small business processes approximately 450...

Administrative tasks, especially those with a compliance-related element, can be a significant yet unquantified cost burden for companies.

The maritime industry is no stranger to the concept of outsourcing, Ship management is a prime example, where ship owners have outsourced the management of their vessels...

Approximately 15% of your voyage expenses are taken up by port call related costs, therefore the importance of optimizing the cost effectiveness of this part of the...

Did you know that the average cost to deliver Cash to Master (CTM) can vary from 1% to 5% of the delivered amount depending on the port, country, delivery method,...

Or maybe not. Port costs and tariffs are not as straightforward as you may think. As your marine accountant or disbursement controller may tell you, calculating it can...

Of course, it does! At least, when it comes to the size of a vessel and the impact on the port costs.

Often, very little consideration is taken of the specifications of...