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Vessel Administration - IYC - International Yacht Collection

 

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Vessel Administration

A megayacht is a floating village.

In the midst of all the fashion and fun, International Yacht Collection managers maintain vigilant oversight of the yacht properties enrolled in our program. We focus on the foundation: the budget. Our system is designed to keep all the planned and spontaneous activities in motion without exceeding prudent financial realities.

Our managers analyze each yacht’s intended agenda and calculate an annual budget for the planned operations based upon our decades of experience and extensive research. Prior to signing off on any major expenditure, the plan is submitted to the yacht owner for approval. Our administrators provide routine reports throughout the year to target those intended goals so we don’t arrive with a shortfall at the end of the season.

It used to be called "paper pushing" but today, our financial team taps away vigorously on their keyboards while logged into some very sophisticated financial tracking software. Whether via cell, satellite or wire, our accounting data is synchronization continually with the yachts under our supervision.

The Portal

We would not be worthy of managing such sophisticated clients if we did not use cutting edge tools ourselves. Proudly, we developed The Portal, a unique web-based custom yacht program which is a shared reservoir of forms, documents and operational ifomraion needed for the yachts day-to-day activity.

Password-protected with multiple security levels, access to the documents archived in The Portal is granted to owners, managers and crew based upon their assigned protocol.

Using a web-based program offers easy access from anywhere with an internet connection - from any computer. Flexibility is important to our managers; we encourage feedback to our methods so that we can confidently boast that IYC yacht management is at the top of our game.

The success of each department on board the yacht is a direct result of careful planning and meticulous organizational skill, coordinated by crew and our land-based operation.

We facilitate each yacht’s program so that owner enjoyment is maximized and disappointments are distant memories.