Case Study: Solstad Offshore achieves secure financial control and forecasting with Profitbase

Solstad Offshore streamlines planning across 3,000 employees and 100 ships with Profitbase

Solstad Offshore ASA, a large global offshore shipping company, needed a robust system for financial integration, reporting, and forecasting to replace inadequate spreadsheets and gain better cost control. They partnered with Profitbase to implement its financial planning and collaboration software to address this challenge.

Profitbase worked closely with Solstad to develop a tailored solution, including modules for reporting, forecasting, and risk. The implementation provided a significant time savings and gave the company a detailed, real-time overview of its finances, down to the invoice level for each vessel. This resulted in greater cost control, improved financial credibility with external stakeholders, and a trusted partnership that has lasted over ten years. Profitbase's responsive support ensured system reliability during critical periods.

Solstad Offshore