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Mining Solutions
Accpac ERP for Mining bridges the gap between financial information and production information by utilising a configurable set of workflow and business intelligence tools providing information anytime, anywhere.
- Dimensional
General Ledger with up to 99 year's history online.
- Transactional analysis to provide costing at shaft, process, sub process and equipment level.
- Workflow management of procurement and internal issues dynamically linked to cost centers and analyzed effortlessly to expense codes with complete authorisation control.
- Integrated fixed asset management with IFRS and SARBOX compliance.
- Capital equipment management with advanced maintenance schedules and repairs.
- Capturing of production and exploration data with configurable time periods and units of measure to produce cost per ounce and cost per meter reporting.
- Comprehensive Business Intelligence to provide an easy to use management dashboard combining financial and production data.
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ACCPAC ERP for Mining – Rock Solid ERP
ACCPAC ERP for Mining includes a wide range of modules to suit virtually any mine, from development to exploration and through to production and sales. ACCPAC ERP for Mining is a highly configurable solution driven by workflow rules and authorizations, to ensure accurate data capture and complete control over budgets analyzed to shaft, process, sub-process and equipment.
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ACCPAC ERP Financials
ACCPAC is renowned for providing rock solid financials and reporting. The addition of transactional analysis throughout all modules has provided dimensional analysis, allowing costing at levels deeper than the general ledger. This allows CFOs to keep a concise general ledger, albeit with up to 10 levels of analysis, as well as comprehensive analysis of additional costs to equipment, cost centre or responsibility centre for dynamic reporting.
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Workflow
ACCPAC ERP for Mining incorporates a complete workflow suite to assist with simple, fast data entry requests from the mine with comprehensive authorisation rules built in, linked to costs centres or budgets. The workflow solution (developed by AccTech Systems) manages procurement and internal stock issues by allowing the creation of an unlimited number of workflows and associated rules and alerts. These simple to use screens provide CFOs with the correct information analysed appropriately at data entry.
As requisitions and issues are raised, they are automatically allocated to cost centres, shafts, processes and equipment based on user profiles, stock structures and expense codes, removing the need for any reallocations at month end. Workflow is the key component that drives accurate data capture, improved decision making and an authorization trail.
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Asset Management and Maintenance
ACCPAC 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 and procurement 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 acquisition 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 ACCPAC ERP and a comprehensive history is maintained for all assets. This contains faults, agreements, warranty claims, return authorizations 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.
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Production and Exploration Data
The Production data capture module allows users to set up an area or operation that costs need to be tracked against, such as shafts, open pit or tailings. Beneath this layer of costs lies a lower level of processing such as shaft sinking, development waste or stopping, depending on the environment and this is linked back to the top level. Typically, the plant area will track the processing of material from all areas and this is linked through to the sub-component of a general ledger account for reporting purposes only. The module allows users to specify units of measure for the production data captured such as meters advanced, surveyed tons, hoisted tons, treated tons and carats recovered. This is captured as needed daily, weekly or monthly and linked to the business intelligence suite.
ACCPAC ERP with Mobile X has been designed for the management of Survey and Monitoring activities and provides for capture of geological site survey information. Through integration of the information from the Mobile devices, management gain visibility for greater operational control with integration throughout the ACCPAC ERP Mining Suite.
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Business Intelligence
The ability for ACCPAC ERP for Mining to allow the creation of reports that combine actuals vs budget with complete drill down to detail level and presentation of production data, is what every CFO needs. The coupling of financial and production data that is audited and approved gives the Board comfort that operations and finance are in synchronization. The reporting modules allows analysis at any level captured such as equipment or shaft and assists mining companies with their financial and strategic decision making.
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For more information regarding our Mining Solutions, please contact AccTech Sales Division on Tel:
+27 12 664 0200 or email:
sales@acctech.biz
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