Mining companies must control costs as they progress through the mining life cycle. Whether you are in the Assessment & Approval stage or Development & Production it is essential to utilize technology such as mining industry software that will help you deliver on your promises to the board and your investors.
Due to the nature of the Mining industry, laying the right foundation for any mine involves an end-to-end solution that is multilingual, multicurrency and supports multi-country compliance needs. The solution needs to provide visibility into the supply chain and allow for vendor management so that goods are delivered to the mine or remote sites on time.
Many mid-marketing mining companies start off with entry-level financial software. However, when they start development they realize that they just do not have the level of insight and control they need to manage the development & production process. The need for more functional mining accounting software and business management software becomes paramount.