Outsource your Disbursement Accounting to DA-Desk; making DAs simple, transparent, compliant and cheaper.
We enable average savings of up to $700 per port call.
For a fleet of 40 vessels making 800 port calls a year, that is a total of $560,000 of savings every year.
It’s not just monetary savings, we save you time at every step of the DA process.
Platform / digitisation savings
FDA checks – value of credit notes
Payments savings - FX
Payments savings – Transaction/fees/bank charges
Total savings per port call
DA-Desk is a digital platform to manage and issue all your DAs.
Digitalisation savings result in the following ways:
We carry out a series of checks and validations on EVERY SINGLE PDA and FDA.
Using a combination of skilled experts, automation and AI.
DAVE – our Disbursement Account Validation Engine software – assists our large team of experts.
DAVE helps check that rebates are accounted for on every transaction, irrespective of the value.
DAVE uses a rule-based engine to ensure variable data relating to discounts and rebates is automatically extracted from the port call. An algorithm assisted by our master data of port regulations ensures the screener is alerted to any possible opportunity of port cost reductions on a DA. Find out more about DAVE here.
On average we secure reductions on 11% of all PDAs and credit notes and on 4% of all FDAs.
We will deal with agents directly to correct the overcharging.
An associated product closely tied to DA-Desk is our solution called PortsDirect – where you benefit from discounts we have negotiated from port suppliers, especially towage and pilotage.
We have a team dedicated to driving the best discounts from port suppliers in over 400 ports.
The net savings are derived by deducting the PortsDirect fee from the discounted amount which we obtain for customers off the vendor’s official tariffs.
Because we make payments for our customers of $12bn a year, we have negotiated access to preferential FX and bank payment fees/charges.
The bank charge and FX savings are calculated by working out the difference between what customers were paying prior to DA-Desk versus the lower rates they pay after taking DA-Desk.
Full quantification and breakdown of the savings are shown on the financial dashboard of each of our customers.
For us at DA-Desk, we believe there’s no such thing as an average customer.
But, just this once, to keep this analysis simple, we’re showing savings for an average vessel type.
The savings figures which our customers actually get from DA-Desk vary greatly depending on a whole host of factors, including:
If you want a more tailored savings report based on your fleet’s characteristics, our sales team would be happy to oblige.
What we mean by “average” in this report
These are typical values of savings for customers who:
If we analyse customers with very large vessel types these savings numbers will be bigger.
If we analyse customers with mainly small vessels then these savings numbers will be smaller.
So these typical / average numbers are meant as an indication of savings.
Calculating the actual numbers
For our customers with average vessel types we obtained their savings as per their Process Value Review document (which is a report we issue and discuss with every DA-Desk customer once a year, to show them the savings they have obtained from us).
We then did a straight average of the savings to get an average saving per customer.
If you’d like to discuss how DA-Desk can help you, please get in touch today.
With your Disbursement Accounts process available in one easy to use online platform, there’s no need to worry about backing up data, or installing and maintaining any software.
Never lose an old transaction! And don’t waste time having to hunt around for it!
No more time-consuming excel spreadsheets or hundreds of emails to search through!
Take control of your operations and standardise processes across the organisation. Never miss an alert or delay decision-making.
The DA-Desk mobile app allows you to access and update information at the office or on the go.
Secure online visibility and control from anywhere, anytime.