$$ + Difficult to High software cost incurred Use during - - PowerPoint PPT Presentation

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Expensive to Acquire Expensive to Implement Expensive to Maintain and Support

Realities of Current ERP Software Solutions for Mid-Sized Mining Companies

$$ +

Overly Complex

Difficult to Use Lack Easy Reporting Convoluted Technology Platform High Maintenance Requires Technical Resources

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Impact to Mining Companies

• High software cost incurred

during Exploration phase when capital is typically tight

• Implementation effort

significantly distracts from core

• perations
• Use only half of the software

functionality, at most

• Have to hire expensive technical

resources to maintain the application

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* Exploration

* Project Costing and Tracking * Procurement * Integration to Land and Mineral Rights Management Solutions

* Design and Construction

* Track Authorized Fund Expenditures, Committed Costs, Actuals, and Projected Costs * Construction in Process * Enterprise Asset Management

Key Mining Industry Software Requirements

* Production

* Supply Chain * Inventory * Projects and Job Cost * Maintenance and Work Orders * Revenue * Safety and Environmental * Workforce Management * Multi-Company / Multi-Currency Financial Reporting

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Systems Ideal Scene – High Level

* In addition to the core modules (Procurement, Inventory, and Accounting), the Ideal System would provide functionality across the entire company. * All modules would be integrated on a single common enterprise platform. * All enterprise data would be made available for reporting out of one Enterprise Data Warehouse and reporting solution. Account Procure Consolidated Financial Statements Budget Manage Inventory Enterprise Asset Management Projects Compliance & Safety Workforce Management Sales and Logistics Production

Enterprise Data Warehouse

Operational Reporting