Wallem Group: Finance Transformation Driven by Client Transparency Requirements
Tectura
.
August 4, 2026
The impact has been most visible in productivity and reporting, with clear gains in how Finance supports the business and, ultimately, ship owners.

— Maren Moxom, CFO of Wallem Group

Overview

Wallem Group is a global provider of technology-driven maritime services, supporting the complete lifecycle of a vessel—from newbuilding supervision through to end-of-life recycling guidance. Its portfolio spans asset management, crewing, training, ship management, safety and compliance management, and agency services, delivered by a global shore-based organisation and more than 6,000 seafarers across nearly all vessel segments.

As the business continued to expand, it became increasingly important for Wallem to meet ship owners’ expectations for accurate, transparent, and near real-time financial information. These expectations placed growing pressure on finance capabilities that were still supported by a system implemented nearly 17 years earlier, reinforcing the need for a modern finance platform and operating model that could support Wallem’s scale, complexity, and growing client-driven expectations.

The Challenge

Ship owners’ expectations for accurate, transparent and near real-time information directly shape how we run both finance and operations across regions.

— Maren Moxom, CFO of Wallem Group

Before the finance transformation, Wallem’s ability to consistently meet these expectations was constrained by the limitations of its legacy finance platform and fragmented data flows across operational systems.


Our finance system has been in place for nearly 17 years and over time it became increasingly restrictive.

— Maren Moxom, CFO of Wallem Group

Key challenges included:

  • A long-standing legacy finance platform that limited data usability and integration
  • Fragmented data flows reducing real-time visibility
  • Reliance on spreadsheets, manual hand-offs, and offline reconciliation
  • Increased operational risk to produce reliable and auditable information

Why Microsoft Dynamics 365

The intention was to use the ERP as an enabler of a more standardised, scalable finance operating model—one that could genuinely support data-driven decision-making.
More importantly, it was about enabling Finance to move beyond transactional processing and play a more meaningful role in supporting operational and client-facing decisions.

— Maren Moxom, CFO of Wallem Group

Microsoft Dynamics 365 Finance & Operations was selected to support a finance operating model aligned to Wallem’s operational complexity and client-driven requirements.

Key considerations included:

  • Standardising end-to-end finance processes across vessel accounting and corporate entities
  • Supporting tight integration with operational, banking, and external systems
  • Enabling near real-time reporting through structured, consistent data
  • Providing scalability without increasing manual effort or risk

Why Tectura

What stood out about Tectura was their ability to combine industry understanding with disciplined delivery.
In a programme of this scale and complexity, that balance was critical in helping us manage integration risks while maintaining continuity for both our operations and our clients.

— Maren Moxom, CFO of Wallem Group

Key reasons for selection included:

  • Strong experience in complex, multi-system operational environments 
  • Deep expertise in integration and transition management across business-critical systems 
  • A disciplined approach to scope, sequencing, and phased deployment 
  • Proven capability to safeguard business continuity during critical cutover phases

Solution & Implementation

A primary focus was re-engineering processes end-to-end, rather than simply replicating what already existed.

— Maren Moxom, CFO of Wallem Group

Tectura supported Wallem through a phased transition from a legacy AX platform to Microsoft Dynamics 365 Finance & Operations, with a strong focus on end-to-end process re-engineering to establish a more controlled, scalable finance operating model.

Business continuity and uninterrupted client service were critical design principles throughout the programme. To manage this, delivery was structured around disciplined scope control, phased sequencing aligned to the fiscal cycle, and rigorous integration and interface testing.

The initial rollout prioritised business-critical operations, covering more than 200 entities, including vessel accounts, with go-live aligned to the start of the fiscal year to minimise reporting disruption and ensure a clean transition. Deliberate decisions were made on scope to reduce execution risk, with certain components deferred to later phases to maintain delivery stability.

Results & Impact

Supported by a structured data foundation and disciplined delivery approach, the finance transformation strengthened governance, transparency, and decision support across the organisation.

Area Before After
Productivity Manual, fragmented processes. Around 20% productivity improvement through automation.
Reporting Slower cycles, lower data confidence. Faster reporting with higher data confidence.
Decision Support Reconciling and questioning numbers. Interpreting insights and supporting decisions.

These improvements enabled Finance to operate with greater consistency and confidence across regions, strengthening its role as a trusted partner to both internal stakeholders and ship owners.

Conclusion

Through its partnership with Tectura, Wallem established a modern, integrated finance platform designed to operate in a client-driven, highly regulated, and operationally complex environment — supporting transparency, governance, and confident decision-making at scale.

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Frequently Asked Questions
What triggered Wallem Group’s finance transformation?

Wallem’s finance transformation was driven primarily by ship-owner expectations for accurate, transparent, and near real-time financial information. As these expectations increased across regions, the existing finance operating model could no longer consistently support the level of visibility and confidence required.

What limitations did Wallem’s legacy finance system create over time?

The finance system had been in place for nearly 17 years and became increasingly restrictive. It limited data usability, slowed processes, and made integration with operational platforms difficult, leading to fragmented data flows and reliance on spreadsheets, manual hand-offs, and offline reconciliation.

Why was Microsoft Dynamics 365 chosen for Wallem’s finance transformation?

Microsoft Dynamics 365 Finance & Operations was selected to enable a more standardised and scalable finance operating model. It supported stronger integration with operational and external systems and provided more structured, consistent data to support near real-time reporting and decision-making.

Why was system integration critical in Wallem’s use of Dynamics 365?

Wallem operates multiple industry-specific operational systems along with country-specific banking and tax platforms. Integration was essential to ensure financial data was captured once, reflected consistently, and supported accurate reporting with clear audit trails. Microsoft Dynamics 365 provided the core platform for this integration, with Tectura helping manage the delivery complexity.

How did the transformation change the role of Finance at Wallem?

Following the transformation, Finance teams spent less time reconciling or questioning data and more time interpreting insights and supporting operational decisions. This shift moved Finance from a largely operational role to a stronger business-partner role, supporting more informed discussions with operational teams in response to ship owners’ needs.