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.
MarTrust Alternatives
Native Teams
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RemotePeople
As a trusted Employer of Record (EOR) solution, RemotePeople simplifies global workforce management for businesses across 150+ countries. We provide a seamless platform to hire, pay, and manage employees and contractors, while ensuring full compliance with local labor laws and tax regulations. Built on extensive in-house expertise, our platform delivers a secure and reliable solution for your global workforce needs.
Our comprehensive services eliminate the complexities of international expansion, helping you build a compliant, efficient team, wherever your talent is located.
Remote People Services:
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Seacrew
In the future, there will be an increasing demand for efficiency in task completion, necessitating reduced manpower. Seacrew is here to assist you in achieving this through their automated solutions. With Seacrew's Crew Management Software, you can effortlessly oversee all aspects of your seafarers' data. The Planning Software offered by Seacrew provides remarkable flexibility, allowing you to engage in both long-term strategies and quick, spontaneous adjustments. Within the planning interface, you can track scheduled sailing periods as well as training sessions and vacations. Additionally, Seacrew's Payroll Software delivers a comprehensive payroll system tailored specifically for seafarers. This system calculates wages based on employment contracts, work hours, cash payments, deductions, and more, seamlessly integrating with your accounting processes. Furthermore, Seacrew's Crewing Software is an innovative solution developed by Anker Crew Insurance, which has been dedicated to the creation and enhancement of Crewing, Planning, and Payroll software since 1998, specifically for the global maritime sector. This commitment has led to continuous improvements that meet the evolving needs of the industry.
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Shipmate
Since its inception in 1995, Shipmate has become a reliable maritime software solution that aids Ship Owners, Ship Managers (including those in the main fleet, offshore, and tug operations), as well as Crewing and Manning Agents (for the main fleet and shipyards) by offering essential tools for managing Crewing, Payroll, Crew Scheduling, Compliance Verifications, Vessel Maintenance, and Stores Management. The effective operation of maritime organizations hinges on having robust marine software tailored to their needs. The marine management system developed by SHIPMATE is a thoughtfully crafted ERP designed specifically for the shipping sector, taking into account the unique challenges faced by maritime companies. At SHIPMATE, we appreciate the significance of specialized maritime ERP software and recognize that each marine organization possesses its own distinct characteristics. Our approach acknowledges that a “one size fits all” solution does not yield optimal results for every client. Thus, our marine ERP software is built with advanced coding capabilities that enhance functionality and adaptability. By prioritizing customization, we ensure that our clients receive a solution that truly meets their specific operational demands.
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Integrations
No Integrations at this time
Company Details
Company:
MarTrust
Year Founded:
2011
Headquarters:
United States
Website:
www.martrust.com
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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
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