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What is MarTrust?

The MarTrust platform acts as a dedicated payment solution tailored for the maritime sector, aiming to enhance crew payroll, vendor payments, and modernize cash-to-master processes for shipping companies. It supports transactions in over 130 currencies, provides competitive foreign-exchange rates, and reduces banking and currency exchange costs while achieving a payment success rate that surpasses 99%. Crew members benefit from an e-wallet and debit card that enable them to receive their salaries directly, withdraw cash from ATMs worldwide, transfer money back home, spend in different currencies, and manage their finances securely via a mobile application. Additionally, for businesses, it simplifies global payroll and supplier oversight by aggregating multiple transactions into one file, allowing for either immediate or scheduled multi-currency payments, improving adherence to maritime and financial crime regulations, and potentially lowering cash-on-board levels by as much as 80%. Ultimately, MarTrust not only streamlines financial operations for shipping companies but also provides crew members with convenient and flexible access to their earnings, thus fostering a more efficient maritime financial ecosystem. By integrating these features, MarTrust significantly enhances the overall efficiency and satisfaction of both crew members and shipping enterprises.

What is ClassWallet?

ClassWallet revolutionizes the tedious and lengthy process of collecting and reconciling receipts for smaller expenses by converting these tasks into digital and automated solutions tailored for school financial operations. Our comprehensive platform includes a virtual wallet, an integrated eCommerce marketplace, reimbursement management features, and a reloadable debit card with a diminishing balance. By utilizing ClassWallet, organizations can remove the burden of handling paperwork, thereby promoting a dynamic environment for users who regularly engage in everyday purchases. In addition to maintaining strict oversight and control, ClassWallet allows users the flexibility to define purchasing parameters such as eligible items, approved locations for purchases, and spending limits. Furthermore, ClassWallet enhances operational efficiency by automating the entire workflow, including receipt collection, approval processes, data reconciliation, and transaction settlements, which leads to a smoother overall operation. Ultimately, this platform not only increases efficiency but also enhances user autonomy in making purchases, resulting in a more empowered user experience. By integrating these features, ClassWallet supports schools in managing their financial tasks with ease and precision.

Media

Media

Integrations Supported

Velt

Integrations Supported

Velt

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MarTrust

Date Founded

2011

Company Location

United States

Company Website

www.martrust.com

Company Facts

Organization Name

ClassWallet

Date Founded

2014

Company Location

United States

Company Website

classwallet.com

Categories and Features

Marine

Accounting Management
Ballast Table
Barcodes
Boat Maintenance
Manufacturing/Supplier Pricebooks
Marina Management
Maritime Crew Management
Routing
Scheduling
Storage Management

Payroll

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

Categories and Features

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

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