Introducing Starboard Card, the Superyacht Money Management Tool Set to Revolutionize Onboard Expense Management

By Guest Author
Posted April 11, 2024 in Lifestyle

If you’ve been in the industry long enough, you might remember the days when the captain counted cash out of an envelope as the chef headed off provisioning at the morning market or for stews stocking up on bottles of chilled rosé for guests before lunch. Or patting down your pockets, desperate to find that receipt you thought you’d so carefully tucked away, hoping you hadn’t thrown it out by accident.

The good news is that there’s an easier way to manage onboard finances. With Starboard Card, you can enjoy a streamlined, transparent approach to handling your yacht’s expenses, providing you with full oversight of every spend.

Starboard was founded by CEO Dan Lane, an entrepreneur with a background in technology and a firsthand understanding of the challenges of onboard financial management. His passion for sailing began during Cowes Week a few years ago, and it was this experience that inspired the creation of Starboard Card. Drawing on his expertise in both tech and yachting, Lane assembled a skilled team to develop a solution that redefines expense management.

Starboard features three essential components: the Visa Infinite Debit Card, dynamic accounts in multiple currencies and tailored, yachting-specific accounting software. The Visa Infinite Debit Card enables crew members to access required funds, while the account holder retains control and can monitor spending. Starboard offers a secure, easy solution that harnesses the latest financial technology for yacht owners, captains, and yacht managers worldwide.

Enhanced card, web, and mobile app services will be available. These will offer real-time accounting functionalities with the Visa Infinite Debit Card. Users will be able to effortlessly track money transfers and virtual cards, create customizable reports, approve quotes, and generate separate APAs. They will also be able to freeze or deactivate lost or stolen cards, query suspicious transactions, and upload receipts quickly. All offline updates will be automatically synchronized once within network range.

Starboard Card’s APA Management System will easily compile reports and budget outlines for multiple scenarios, whether an end-of-charter reconciliation or a cost overview for upcoming refits or new-build projects. The data will also be exportable in a variety of formats.

Starboard Card’s global support team is available 24/7. They take personalized service very seriously, and each member is assigned a dedicated relationship manager specializing in yacht accounting. The goal is to build strong personal relationships to enrich the user experience, with regular check-ins to allow the service to be continuously refined to suit client needs.

Find out more about Starboard Card by visiting starboardcard.com


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