Petaling Jaya, 47301,
Malaysia
Interocean Freight Services Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Interocean Freight Services and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 120 Interocean Freight Services employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Interocean Freight Services has purchased the following applications: SysAcct for ERP Financial in 2018, Microsoft 365 for Collaboration in 2019, Google Cloud Platform (GCP) for Application Hosting and Computing Services in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Interocean Freight Services is running and its propensity to invest more and deepen its relationship with Systematic Accounting Services , Microsoft , Google or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Interocean Freight Services revenues, which have grown to $15.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Interocean Freight Services intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Systematic Accounting Services | Legacy | SysAcct | ERP Financial | ERP Financial Management | n/a | 2018 | 2018 |
In 2018 Interocean Freight Services Sdn Bhd implemented SysAcct as its ERP Financial system with Systematic Accounting Services as the solution provider. The deployment centralized corporate finance for Interocean's Malaysia operations and consolidated accounting activities across the parent and subsidiary entities.
SysAcct was configured to support core general ledger, accounts receivable and accounts payable workflows, including intercompany invoicing, multi-currency bookkeeping, and statutory reporting. Configuration addressed month end processes such as posting monthly journals for depreciation and provisions, capturing foreign exchange adjustments, maintaining a weekly cashbook, and performing monthly bank reconciliations for local and USD bank accounts.
Operational use of SysAcct encompassed vendor invoice processing, customer receipt tracking, preparation of subsidiary financial statements and audit pack generation for the 2018 financial year. Implementation also formalized cross-department billing and cost allocation workflows and established role-based accounting procedures to coordinate finance, operations and third party interactions including auditors and tax agents.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2019 | 2019 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Legacy | Google Cloud Platform (GCP) | Application Hosting and Computing Services | IaaS | n/a | 2021 | 2021 |
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