As CFO, you need flexible, detailed views into every aspect of actual supply chain performance. You also need accurate forecasts of revenues/purchase costs, cash flows, supply chain costs and the bulk commodity market environment. Break down the silos between operations, commodity trading, logistics and accounting. Ensure regulatory compliance. Do it all efficiently.
QMASTOR provide an integrated approach to physical commodity movements, contract and financial information. CFO’s and accountants utilising QMASTOR solutions can:
- Minimise end of month adjustments and inventory write downs. Improve bulk commodity tracking, stockpile modelling and management, supply chain reconciliations and associated assumptions to proactively close the loop on sources of metallurgical accounting errors.
- Automate routine processes. Automate and validate data from third party as well as internal operational and business systems, including feeding data into the corporate accounting or ERP solution. Streamline workflows associated with despatch demurrage management, invoicing, revenue, cost and cash flow forecasting.
- Provide appropriate business controls on key corporate processes. Support Sarbanes-Oxley compliance by using a system that provides standardised data capture, validation and reporting that conforms to the criteria established by your SOX audit. Protect the integrity of data used in supply chain operations by using a system that includes effective security, logs all user activity and maintains version control over data.
- Streamline daily, weekly, monthly and adhoc reporting. Ensure senior managers have a system that allows them to define a reporting standard that can be uniformly applied at all mine and operational sites. And because virtually all functions and data are integrated, accounting personnel can automatically provide management reports across the supply chain, closing out each month on time with unprecedented accuracy.
These are just a few of QMASTOR’s capabilities. Learn more about our solutions for: stockpile and inventory management, shipping, transportation, contract management, trade invoicing and documentation, supply chain revenue, cost and cash flow accounting, planning & scheduling, systems integration.