Page 18: of Marine News Magazine (February 2013)

MarineCFO Live! is a web-based, software solution to manage personnel, jobs and billing, maintenance & schedules. Designed for small or medium-sized marine companies, it is web-based so there is no need to install servers. MarineCFO Enterprise is a software solution used to automate business processes from the boat straight through dispatch, personnel, safety, maintenance and Þ nancial reporting. ItÕs modular, enterprise-ready and customizable. MarineCFO does not market software for other markets Ð providing marine software for the marine industry is all they do. Because of this and with the advent of subchapter M for inland operators, MarineCFO is arguably well positioned for what is to come next. In addition to myriad other purposes, MarineCFO provides a robust Þ nancial management solution which completes the system and provides a true Òboat to balance sheetÓ offering. Operating on the basis that everything has a Þ nancial impact, the software seamlessly integrates and combines stovepiped data. And it is here where MarineCFO differs from other software solutions, asking, ÒHow much does it cost to meet Sub-M and what does it mean to your bottom line?Ó Dean Shoultz, MarineCFOÕs CTO, told MarineNews , ÒWe didnÕt have to change our system, software or add to it. Ours is conÞ gurable. The HS&E module brings it all together. Already, that module addresses safety.Ó He added that conÞ gurable software Ð as many as 70 modules are possible Ð for the subM solution will be important, because no one yet knows what the Þ nal regulatory language will be. MarineCFOÕs ß exible system can be used as a TSMS, or to support and schedule the annual inspection method. According to Shoultz, MarineCFO marries the complexities of adhering to the regulations with the harsh Þ nancial cash ß ow and economic realities mandated by those strategies. Shoultz adds, ÒThe more profound impact of the new and pending regulations is the Þ nancial aspect. CFO addresses and helps manage that component.Ó Some MarineCFO clients have as many as 150 concurrent users on the Þ rmÕs ß agship software suite. On the other hand, MarineCFO live Ð a much more affordable solution starting at $39/ month Ð is an online, cloud version, but caters to smaller operations groups. Addressing the subject of the inspections themselves, Shoultz admits that MarineCFO does not perform inspections, but instead says, ÒWe can put you in touch with right people who do.Ó Beyond this, he adds, ÒWeÕre not looking to monetize subM opportunities. Instead, we hope to minimize costs for our clients. You need to connect the dots between inspection checklists and Þ nancial implications. You cannot separate the two.Ó Tugboat Compliance Systems Tugboat Compliance Systems began in 2007 when Dana Teicheira, working as an Auditor for the American SOFTWARE18 MNFebruary 2013 MN Feb2013 Layout 18-31.indd 18MN Feb2013 Layout 18-31.indd 181/30/2013 4:47:18 PM1/30/2013 4:47:18 PM