Asset Management and Maintenance

Sage ERP for Mining

 

Asset Management and Maintenance

Sage ERP for Mining appreciates the need for capital budgeting and end to end asset management. Investment in assets is a huge part of any mining operation and the appropriate controls over budgeting, procurement and maintenance are managed within the suite. With a great number of mines being listed, entities’ compliance with IFRS and SARBOX is mandatory.

Asset Management is catered for with a configurable set of modules from asset depreciation and acquisitions through to auditing and tracking. Asset Maintenance is a fundamental part of mining operations. The ability to track cost per equipment is catered for throughout our solutions and a comprehensive history is maintained for all assets.

This contains faults, agreements, warranty claims, return authorisations and a complete audit trail of activity. This allows the drawing of reports to ascertain life cycle financial profitability for equipment with full statistical analysis. Sage ERP Solution for Mining also fully support integration to enterprise asset management, maintenance and materials management solutions such as AMT.For over 15 years, AccTech Systems has designed, implemented and supported some of the largest Enterprise Asset Management implementations in the world. Building on this unrivalled experience, AccTech Systems has developed core methodologies and a structured framework to ensure we continue to provide professionally implemented solutions that work.

AccTech Systems brings you the ultimate in comprehensive asset management products and solutions designed for the medium business to large business and multinational corporations.

There are real bottom-line benefits to fixed asset management. Companies with effective asset management systems and processes find that they:

There are real bottom-line benefits to fixed asset management. Companies with effective asset management systems and processes find that they:

  • Cut costs
  • Meet statutory requirements
  • Control valuable IT assets
  • Make informed decisions
  • Comply with corporate governance legislation and international accounting standards

The best way to cut costs is to stop spending money that you don’t need to spend. Here are some of the ways in which you may be spending money unnecessarily:

  • buying things you don’t need because you already have them
  • paying insurance premiums on non-existent items
  • ‘losing’ equipment because of lax security
  • paying maintenance and licensing charges on software which is no longer installed
  • paying lease penalties because leased equipment is not properly controlled
  • Independent research has estimated that many companies are overspending by at least 20% because of under-utilisation, inefficient maintenance and petty theft of their assets