BOAT International Media and the Owners' Club are delighted to announce its renewed partnership with Voly, the industry-leading financial management software, for 2022.
Voly has been described as a "superyacht captain’s new best friend" and streamlines expenditure management on board with a multi-currency accounting and payment platform solution for yachts above 20-metres in length.
After partnering with BOAT International for the 2021 Monaco Yacht Show Owners' Club Cocktail on board the 80-metre Artefact, Voly will cement its relationship with the Owners' Club at this year's Monaco Yacht Show and inaugural Fort Lauderdale Boat Show owners' event as the company continues to make waves in the US.
Voly works by simplifying the yacht's financial management system. The owner, or head of each department, can log expenditure to create a centralised report for a yacht’s cash flow, while a fully-integrated currency card can be prepaid and records transactions to the Voly app. Voly has become the number one trusted partner to manage the yacht's financial spend in real-time, which is why the partnership with the BOAT International Owners' Club has been so successful.
"Voly is the perfect partner for our Owners’ Club as their best-in-class products can save owners and captains money and time and make running a yacht much more efficient. I’m delighted to see them partnering with our events in Monaco and Fort Lauderdale," said Stewart Campbell, editor-in-chief at BOAT International.
With its software used on a fleet of nearly 800 superyachts, Voly continues to push ahead with its comprehensive growth strategy and has now set its sights on the US market as it's number one target for growth. “I am truly delighted by how well the Voly platform is being received in the US," said Ian Flanagan, founder and CEO of Voly. "We've been meeting with a lot of US yacht owners; management companies and captains and they are literally blown away with what Voly can offer them against their current processes and systems."
"There isn't anything like it in the US, a financial management platform, mobile app and pre-paid cards tailored for the yachting industry that can manage charters expenditure, multiple assets such as private jets and new builds, with an integrated FX and payment platform. All these unique features together save captains and crew 75% of financial admin time. Our aim is to save our clients, time and money while improving efficiency and creating visibility," he added.
Testimony from Sean Read, captain of a 65m Benetti
“There are many things required to be a successful charter yacht and the demands on the crew are relentless. Voly’s APA module gives me 100% confidence that the financial reporting is taken care of, allowing our focus onboard to the client experience. Having successfully used the Voly platform for operational purposes on our current and previous yachts there was no doubt it was the right decision to manage our APA too.
The Voly mobile app is most useful, being able to track cash and card spend in real-time, and additionally I have the ability to monitor multiple charter accounts back-to-back accurately.
The Voly cards have great functionality and being able to pay invoices in any currency through their new payment platform is game-changing!
All of this is then presented in an automated client reconciliation report, I can’t imagine working without Voly now and I cannot recommend it highly enough.”