Algosys Metallurgical Accountant

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1 TRIPLE POINT BROCHURE Algosys Metallurgical Accountant INTEGRATED PRODUCTION ACCOUNTING FOR THE MINERAL PROCESS INDUSTRY TRIPLE POINT TECHNOLOGY TPT.COM

2 Algosys Metallurgical Accountant Overview PROTECT YOUR BUSINESS FROM METAL ACCOUNTING RISKS Rigorous corporate governance requirements and turbulent economic conditions have put intense pressure on mining organizations to improve their metal accounting practices. Inaccurate estimates of metals inventory and processing plant performance pose huge risks including undetected losses, lack of market responsiveness, and ultimately lost profits. Nevertheless, many mining organizations continue to rely on inadequate manual and rudimentary solutions to manage metal accounting. The Mineral Process Industry s Most Powerful Enterprise Metal Accounting Solution Algosys Metallurgical Accountant is the most powerful enterprise metal accounting solution for the mineral process industry, delivering comprehensive, timely, and validated information to support decision-making, reduce risk, maximize profitability, and ensure compliance. It is a fully automated solution for periodically issuing and safekeeping production reports for all mineral and metal processing plants. Metallurgical Accountant records and preserves the integrity of each dataset from its initial raw status to its final transformation into official production figures. Key Benefits Provides straight-through processing; unifies the accounting system to ensure a single, accurate, and auditable view of production Automates, standardizes, and accelerates the metallurgical accounting cycle Delivers reliable metrics for optimizing overall plant performance and recovery Validates the accuracy and coherency of plant data Increases data integrity by capturing changes including date, time, user, and reason Supports proactive risk management Facilitates compliance with Sarbanes-Oxley and alignment with AMIRA P754 Simplifies the review of metal accounting procedures COMPREHENSIVE PRODUCTION MANAGEMENT Month-end adjustments Ore and product movement track ing Inventory management Consumables accounting and rep epor orti ting Downtime accounting and report rtin g Production objective comparisons KPI calculations and reporting Composite sample preparation rep epor ti ng Reduce risk, maximize profitability, and ensure compliance with Algosys Metallurgical Accountant ALGOSYS METALLURGICAL ACCOUNTANT TRIPLE POINT TECHNOLOGY 2

3 Powerful Bilmat technology determines the most precise mass balances from raw process data Powered by Bilmat Metallurgical Accountant is powered by the Bilmat data reconciliation engine. Bilmat helps eliminate the vulnerability of spreadsheet-based accounting by leveraging proven technology to increase confidence in official plant performance figures. The Bilmat engine is recognized worldwide for its advanced mass balancing, data reconciliation, and measurement error analysis features. Configurable for a Perfect Fit Metallurgical Accountant s fully configurable and scalable architecture enables it to manage the requirements of any processing plant and metal accounting department. Configurable information includes accounting rules and procedures, multiple accounting periods of fixed and variable durations, and multiple levels of report versions (flash, preliminary, approved, and official). Metallurgical Accountant fully automates production reports for all mineral and metal processing plants. ALGOSYS METALLURGICAL ACCOUNTANT TRIPLE POINT TECHNOLOGY 3

4 Best practice metal accounting requi u res straight-through processing (STP) of data throughout the entire accounting cycle to ensure a single, accurate, and auditable view of production. Highly Automated Metallurgical Accountant automates most tasks associated with accounting and operations report production, including: Acquiring data from multiple sources Detecting operation modes Detecting and processing gross errors and missing data Selecting adequate models for coherent mass balancing Tracking and recording changes Creating reports Exporting data Powerful Performance, Industry-Wide Metallurgical Accountant delivers powerful production accounting capabilities for beneficiation plants, pyrometallurgical plants, and hydrometallurgical plants. It supports all steps of the metallurgical accounting process. Key Functionality Acquires data from multiple sources Integrates seamlessly with existing mine, process, laboratory, and enterprise resource planning (ERP) systems Delivers timely production information for monthly financial reporting cycle and reconciles production data Produces recorded and signed results throughout the accounting cycle for each step of the transformation process Provides multiple levels of certification for production figures Performs mass balance computations; calculates royalty payments; identifies sources of measurement variance Offers role-based user data access ALGOSYS METALLURGICAL ACCOUNTANT TRIPLE POINT TECHNOLOGY 4

5 ABOUT TRIPLE POINT TECHNOLOGY, INC. Triple Point Technology is the leading global provider of cloud and on-premise Commodity Management software that delivers advanced analytics to optimize end-to-end commodity and energy value chains. The company provides real-time, innovative solutions to competitively address the complex and volatile commodities supply chain: buying, selling, trading, and procurement; enterprise risk management; scheduling and logistics; storage; processing; and settlement and accounting. How to Get Started To learn how Algosys Metallurgical Accountant can benefit your metal accounting cycles, please contact us at Triple Point s Commodity Management platform enables over 400 customers in 35+ countries to profitably manage exposure to energy and raw materials across industries, including energy, metals, minerals, agriculture, transportation, shipping, consumer products (CP), industrial manufacturers, and big box retailers. Triple Point was named a Leader in Gartner s ETRM Magic Quadrant for its completeness of vision and ability to execute in 2009, 2010, 2011, and Founded in 1993, the company employs over 800 staff in 14 offices and support centers around the globe. TRIPLE POINT S GLOBAL OFFICES Corporate Headquarters The Americas EMEA Asia Pacific Triple Point Technology 301 Riverside Avenue Westport, CT USA Tel: info@tpt.com Houston, USA Parsippany, USA Québec City, Canada Rio de Janeiro, Brazil London, UK Geneva, Switzerland Vienna, Austria Cape Town, South Africa Pune, India Chennai, India Singapore Newcastle, Australia Johannesburg, South Africa ALGOSYS METALLURGICAL ACCOUNTANT TRIPLE POINT TECHNOLOGY 5