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Seven Oceans Releases A Finance & Accounting Module Tailored To The Commercial Shipping Industry

01 Jan 2022

SINGAPORE, 1st January 2022 — Over the years, Seven Oceans has integrated with a diverse set of mainstream F&A applications viz., SAP, Oracle, Sage and many, many more. This has been a truly rewarding experience both for our customers in the commercial shipping arena, as well as us. As such, we are proud to present our very own Accounting module,   7Oceans Accounting

Seven Oceans has always respected and cherished its good relations with mainstream accounting solutions and has taken great pride in those successful, long-term partnerships. However, with the ever-evolving nature of the commercial shipping business, we felt that it would be most pertinent to institute our very own F&A module.

Our customers, including charterers, commodity traders, shipowners, operators, and shipbrokers will greatly benefit from this new development. Larger shipping users in the industry will find the following advantages unique when they use this module in tandem with our commercial shipping software solution — 7Oceans:

  1. Double-entry of accounting data completely eliminated
  2. Financial reporting that includes amongst others Balance Sheet, P&L Statements, Trial Balance and many more are fully automated
  3. Implementation of 7Oceans software on the cloud and enterprise mode, both include the accounting module as an integral part of the complete solution. As such, it is seamlessly interconnected with the business functions viz., Voyages, Time Charters, COAs, Pools etc. 
  4. Complete flexibility in utilisation of the entire 7Oceans application

This event is a massive milestone in the historical growth trajectory of Seven Oceans — The Singapore headquartered company with a global customer reach.

Himanshu Joshi, CEO at Seven Oceans, shared his thoughts stating, "7Oceans Accounting is a huge offering to our customers and prospects. It will bring enhanced efficiency to the users and will make financial reporting super-automated. Additionally, this module can be easily made available to customers who wish to use it as a standalone F&A application and want to integrate it into any other shipping application. Thus, the flexibility is multi-faceted”.

About Seven Oceans Singapore

Seven Oceans Holdings is a Singapore-based company that creates maritime and shipping software for commercial shipping and fleet management. Its commercial shipping product, 7Oceans, is arguably the most revolutionary creation that serves charterers, ship-owners, ship-operators, and ship-brokers for dry bulk, tanker and gas shipping needs.

The current customer landscape includes corporate to mid and small size entities. The leadership at Seven Oceans is unparalleled, where innovation and design are driven from the top by professionals who have held senior management positions in commercial shipping and technology.

For more information visit https://sevenoceans.world or email us at marketing@sevenoceansconsulting.com.