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TRIPLE POINT TECHNOLOGY | TPT.COM
TRIPLE POINT BROCHURE
Algosys Metallurgical Accountant
INTEGRATED PRODUCTION ACCOUNTING FOR THE MINERAL PROCESS INDUSTRY
ALGOSYS METALLURGICAL ACCOUNTANT TRIPLE POINT TECHNOLOGY | 2
Key Benefi ts
• Provides straight-through pprocessing; unifi es the
accounting system to ensurre a single, accurate, and
auditable view of productionn
• Automates, standardizes, and accelerates the
metallurgical accounting cyycle
• Delivers reliable metrics foor optimizing overall plant
performance and recovery
• Validates the accuracy and coherency of plant data
• Increases data integrity by ccapturing changes
including date, time, user, aand reason
• Supports proactive risk management
• Facilitates compliance with Sarbanes-Oxley
and alignment with AMIRA PP754
• Simplifi es the review of mettal accounting procedures
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 profi ts. 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 profi tability, 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 fi nal transformation into offi cial production fi gures.
Algosys Metallurgical Accountant Overview
Reduce risk, maximize profi tability, and ensure compliance with Algosys Metallurgical Accountant
• Month-end adjustments
• Ore and product movement traaacckkc inininggggg
• Inventory management
• Consumables accounting annd rrrrepepepeppeporooroororororoooortitititittitittingngngngngngngnnngnngngngnngngnggg
• Downtime accounting and reepopooooortrttrtrtrtttininininninini gggggggggg
• Production objective comparissoooonnnssn
• KPI calculations and reportinngg
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COMPREHENSIVE PRODUCTION MANAGEMENT
TRIPLE POINT TECHNOLOGY | 3ALGOSYS METALLURGICAL ACCOUNTANT
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 confi dence in offi cial plant performance fi gures. The Bilmat engine is recognized worldwide for its advanced mass balancing, data reconciliation, and measurement error analysis features.
Confi gurable for a Perfect Fit
Metallurgical Accountant’s fully confi gurable and scalable architecture enables it to manage the requirements of any processing plant and metal accounting department. Confi gurable information includes accounting rules and procedures, multiple accounting periods of fi xed and variable durations, and multiple levels of report versions (fl ash, preliminary, approved, and offi cial).
Powerful Bilmat technology determines the most precise mass balances from raw process data
Metallurgical Accountant fully automates production reports for all mineral and metal processing plants.
ALGOSYS METALLURGICAL ACCOUNTANT TRIPLE POINT TECHNOLOGY | 4
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 benefi ciation plants, pyrometallurgical plants, and hydrometallurgical plants. It supports all steps of the metallurgical accounting process.
Key Functionality
• Acquires data from multiplee sources
• Integrates seamlessly with existing mine, process,
laboratory, and enterprise rresource planning (ERP)
systems
• Delivers timely production iinformation for monthly
fi nancial reporting cycle and reconciles production data
• Produces recorded and signned results throughout the
accounting cycle for each sttep of the transformation
process
• Provides multiple levels of ccertifi cation for
production fi gures
• Performs mass balance commputations; calculates
royalty payments; identifi ess sources of measurement
variance
• Offers role-based user dataa access
Best practice metal accounting requiu res straight-through processing (STP) of data throughout the entire accounting cycle to ensure a single, accurate, and auditable view of production.
TRIPLE POINT TECHNOLOGY | 5ALGOSYS METALLURGICAL ACCOUNTANT
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.
Triple Point’s Commodity Management platform enables over 400 customers in 35+ countries to profi tably 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 2012. Founded in 1993, the company employs over 800 staff in 14 offi ces and support centers around the globe. www.tpt.com
How to Get Started
To learn how Algosys Metallurgical Accountant can benefi t your metal accounting cycles, please contact us at [email protected].
Corporate Headquarters
Triple Point Technology301 Riverside AvenueWestport, CT USA 06880Tel: +1.203.291.7979E-Mail: [email protected]
The Americas
Houston, USA
Parsippany, USA
Québec City, Canada
Rio de Janeiro, Brazil
EMEA
London, UK
Geneva, Switzerland
Vienna, Austria
Cape Town, South Africa
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Asia Pacifi c
Pune, India
Chennai, India
Singapore
Newcastle, Australia
TRIPLE POINT’S GLOBAL OFFICES