When do most yachts change accounting software?

These past few months, I have been meeting several captains of boats ranging from 25 meters to 100+ meters. Based on their statements during our meetings, I decided to point out a few questions that come up again and again.

Sharing these with you should give you a chance to understand if now is really the time to make a change. Answer these questions, ponder, and take the necessary actions needed that could lead you to have a better work environment and keep living a stress-free life that you deserve.

The very first point that I would like to emphasize is that you chose to start this career because of your passion for the sea and everything that goes with it including sailing and immersing yourself in marine life. You clearly did not choose this career because you like sitting in the office all day, watching a nice landscape from a window.

So the first question that you should ask yourself is, WHY SHOULD I SIT ON MY DESK FOR HOURS LOOKING AFTER THE ACCOUNTING? Sure, it is a part of your job, but this shouldn’t be taking away so much time from you real passion, which is sailing.

Now, ask yourself a question: How many hours do I spend doing accounts every week?

If you feel yacht accounts take too much time and energy each month, don’t take this as something you can’t change.

Maybe you never thought about trying something else because you are too busy, or because you think that what you have right now works just fine. But what if in reality, you are only “busy” because you spend so much of your precious time on tasks that can be done more easily?

So the question really is, why settle for okay when you can have something great?

Ask yourself these 3 questions to assess if you can make a simple change:

• Do you still use a tool not built for yacht accounts?
• Can you monitor if an invoice has been paid?
• Do you do the work that can be done by others, like recording expenses made by HODs?

If you answered yes to any of the above, you spend more time each month on redundant tasks (that take away your energy and time) than it would take you to get started with a simple purpose built tool for yacht accounting.