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Finance Systems for Mining

TouchstoneEnergy reduces risk and lowers operating costs for mining operators worldwide with quality Enterprise Resource Planning (ERP) software developed exclusively for the benefit of mining.

Mining Sector

For many countries, mineral exploration and production constitutes a significant part of their economy and remains key to economic growth. Modern mining often involves prospecting for Iron Ore, Alumina, Ferroalloys, Non-ferrous metals and Coal. Key to this type of exploration is analysis of the profit potential following extraction of the desired materials and finally reclamation of land prepared for other uses once the mine is closed. Many of today’s largest mining companies, such as Rio Tinto, use financial systems that we supply.

Linking finance and operations in a single view

Our finance systems and business systems bring together financial accounting, management reporting, business intelligence, spend control, asset management, workflow and business process management. Designed to meet the needs of any mining company, large or small, we offer full multi-currency & multi-lingual functionality with real-time reporting to aid better decision-making. We can help you whether you are a small venture just starting out or an international conglomerate, TouchstoneEnergy has a solution that can be tailored to fit your business needs.

Key Features:

  • Finance systems for mining
  • Multi-company / multi-currency accounting
  • Flexible chart of accounts and transaction analysis
  • Management & Statutory reporting
  • Budgeting, forecasting, financial planning & consolidations
  • Joint Venture accounting, cost allocation and cost recovery
  • Purchase-to-pay & Supplier on-boarding
  • Supplier tendering, sourcing & contract management
  • Inventory control and warehouse management
  • Enterprise asset management & workforce management
  • Production data and stockpiling information
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