Statements of Facts have traditionally been delivered from Agents, Masters and Inspectors in a wide variety of formats. These differ from port-to-port and vessel-to-vessel with little or no consistency. Transcribing these into a Voyage Management System(VMS) or a Laytime Calculator has long been a troublesome process fraught with typographical errors. This results in slow processing, delays in collecting demurrage and calculation errors.
SOFeXchange changes this. It provides one single place to enter events in real time. All parties who enter the events can see them in real time. Intelligent processing of events assists in improving both the speed and ease of entry. SOFeXchange is a resource shared between all parties.
The users of the SOF – the Owner, Charterer and Trading Partners – can all see the SOF as it is created. This means that demurrage processing can commence as soon as the SOF is signed. It is not necessary to wait until the SOF is sent to you by a hub agency, or until you receive the SOF as part of a claim. This means that accurate demurrage costs can be included in trading Profit and Loss accounts, rather than estimates. The SOF can be downloaded in any format that suits the business needs. SOFeXchange will do any conversion in format or event coding for you. SOFeXchange will provide the data either as a list of events, or as a laytime sheet. SOFeXchange can also add weekend periods into the laytime sheet, in any one of 37 different SHEX definitions.
SOFeXchange is fully integrated with CMS from HUBSE, meaning that users of CMS can directly import the Statement of Facts with no additional steps necessary.
SOFeXchange has a full Application Programming Interface (API). This allows customers to create the voyage set-up direct from the Voyage Management System (VMS). The events can be pulled from SOFeXchange or SOFeXchange can push these to your application. Osiris Consultants will assist in integration work and can add client specific RESTful API calls.