MarTrust Description

The MarTrust platform serves as a specialized payment solution for the maritime industry, designed to optimize crew payroll, vendor transactions, and modernize cash-to-master workflows for shipping enterprises. It facilitates transactions in more than 130 currencies, offers attractive foreign-exchange rates, and minimizes banking and FX expenses while maintaining a payment success rate that exceeds 99%. For crew members, MarTrust provides an e-wallet and debit card, allowing them to receive salaries directly, make global ATM withdrawals, transfer funds home, spend in various currencies, and securely manage their finances through a mobile app. For businesses, it streamlines global payroll and supplier management by merging multiple transactions into a single file, which allows for either instant or scheduled multi-currency settlements, enhances compliance with maritime and financial crime regulations, and can decrease cash-on-board levels by as much as 80%. Overall, MarTrust not only simplifies financial processes for shipping companies but also empowers crew members with flexible and convenient access to their earnings.

Integrations

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Company Details

Company:
MarTrust
Year Founded:
2011
Headquarters:
United States
Website:
www.martrust.com

Media

MarTrust Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Training Videos
Customer Support
Live Rep (24/7)
Online Support

MarTrust Features and Options

Marine Software

Accounting Management
Ballast Table
Barcodes
Boat Maintenance
Manufacturing/Supplier Pricebooks
Marina Management
Maritime Crew Management
Routing
Scheduling
Storage Management

Payroll Software

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

MarTrust User Reviews

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