“I could see the potential that IBM Cognos BI and TM1 could offer us for solid business intelligence and good analytics.”.
James Morgan
Financial Controller
Wesfarmers Resources
Australia
Our client is one of the world’s largest diversified natural resource companies, and a major producer and marketer of over 90 commodities worldwide.
Requirements
- Annual Budget and Forecast
- Operational planning and costing model
- Operational mine reporting
- LOM
Achievements
- Bottom up 3 year Forecast and LOM Budgeting solution
- Fully automated the end user process
- Complete a month-end close with only a few hours from a single accountant
- Consolidation of all financials and non-financial information automatically
- One source for financial and non-financial reporting and analysis
Our client is a leading global explorer and producer of copper, sliver, lead, uranium and zinc.
Requirements
- Budget, forecast and planning
- Actuals reporting and modelling
- Deferred stripping and leeching models
- Cost driver tree and value driver tree platform (detailed asset level)
- Corporate consolidation model and individual asset models – for 1yr, 2yr, 5yr plan and forecast
- LOM
- Treasury reporting
Achievements
- Standardised approach to Planning across the 5 mine assets across two continents
- Standardised the accounting treatment of Deferred Stripping into an easy to understand model for all assets
- Removed numerous spreadsheets and risk
- Increased planning time, accuracy and visibility – detailed linear view across the business
Our client is a significant multinational gold producer with a portfolio of operating, development and exploration assets.
Requirements
- Consolidated Statutory Accounts (New Zealand, Philippines, Australia)
- Asset analytics and reporting
- Budget, forecast and planning
- Project costing and reporting
- Integrated financial reporting framework
- Management Accounting reports
- Treasury reporting
Achievements
- Centralised platform for the reporting of Statutory Accounts
- Reduced the risk and reliance on spreadsheets and isolated data marts – ‘islands of information’
- Integrated view across the business with granular visibility.