Case Study: Klaveness Marine achieves streamlined, automated accounting and reduced routine work with Xledger

Klaveness Marine - Customer Case Study

Klaveness Marine, an investment company managing roughly $500 million in industrial and financial investments across shipping, offshore, real estate and cleantech, faced the need for an all-in-one accounting platform as it increased real estate investments and insourced property operations. With several legacy systems due for expensive upgrades and a complex, multi-entity structure requiring multi-currency support, Klaveness Marine chose Xledger as its all-in-one solution.

Xledger implemented a standardized, automated accounting flow that simplified the company’s IT landscape and day-to-day processes — improving payment and voucher flows, billing (including subscription rent billing), follow-up, and distribution of common tenant costs. As a result, Xledger enabled Klaveness Marine to handle larger volumes more efficiently, simplify error correction, and significantly reduce the finance team’s time spent on routine tasks so they can focus on higher-value work.

Klaveness Marine

Asgeir Elvebakk

Head of Accounting